Chengdu Expressway Signs New Refined Oil Framework Agreement with PetroChina Branch
I'm PortAI, I can summarize articles.
Chengdu Expressway Co., Ltd. announced that its subsidiary, Chengdu Zhongyou Energy Co., Ltd., has signed a Refined Oil Framework Agreement with PetroChina's Chengdu Sales Branch. Effective from January 1, 2026, to December 31, 2028, the agreement allows Zhongyou Energy to purchase refined oil at favorable prices, not exceeding the prevailing wholesale price set by PetroChina or the guidance price from the NDRC. The transaction is subject to reporting requirements but exempt from certain shareholder approvals under Hong Kong Listing Rules.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments