Binhai Investment Injects RMB4.4 Million in Sinopec LNG Capital Increase
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Binhai Investment's subsidiary, Binhai Investment (Tianjin), has agreed to a capital increase with Sinopec Natural Gas, raising Sinopec LNG's registered capital from RMB4,874,200,000 to RMB5,094,200,000. Binhai will contribute RMB4.4 million, maintaining its 2% equity interest, while Sinopec contributes RMB215.6 million, retaining 98%. The funds will support Sinopec LNG's expansion. The transaction complies with Hong Kong Listing Rules but doesn't require a circular or independent shareholders’ approval.
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