Beijing Gas Blue Sky Faces Litigation Over Benxi Liaoyou Acquisition
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Beijing Gas Blue Sky Holdings Ltd. is currently involved in litigation initiated by Dalian PetroChina Xiuhe Energy Co., Ltd. against multiple parties, including itself, over a 10% equity acquisition in Benxi Liaoyou. The dispute arises from a transaction originally between Shenzhen Xinliao and Liaohe Longyi, with Dalian PetroChina not being a party to the original agreement. The company is addressing the litigation as part of its disclosure obligations.
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