TL NATURAL GAS plans to establish a joint venture with Huate Power and Taxiang

Zhitong
2025.11.03 13:49
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TL NATURAL GAS has signed a memorandum of understanding with Huate Power and Shuiyang to establish a joint venture focused on the management and operation of methanol hydrogen fuel cell off-grid power supply systems and liquid-cooled supercharging stations. The equity structure of the joint venture will have TL NATURAL GAS holding 51%, while Huate Power and Shuiyang will each hold 24.5%. This move will allow the group to enter the electricity charging market and increase additional revenue