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Binhai Investment Co ( (HK:2886) ) just unveiled an update.

Binhai Investment’s BHI Tianjin unit has signed a three-year strategic cooperation agreement with Sinopec Star New Energy Company, the new energy investment platform of China Petroleum & Chemical Corporation. The partnership aims to blend BHI Tianjin’s natural gas pipeline and customer base with Sinopec Star’s strengths in geothermal and green power projects to build integrated clean energy solutions.

The collaboration will target multi-energy supply models combining geothermal and natural gas for heating, joint development and trading of carbon assets, and nationwide integrated green electricity projects. By focusing on low-carbon industrial parks, large energy users, and export-oriented customers, the deal is designed to expand end-user business scenarios, enhance both parties’ competitiveness in clean energy, and bolster their brands in China’s fast-evolving low-carbon energy market.

More about Binhai Investment Co

Binhai Investment Company Limited is a Bermuda-incorporated energy infrastructure group listed in Hong Kong, operating primarily through its wholly owned subsidiary BHI Tianjin. The company focuses on natural gas transmission and related integrated energy services, with a strong market presence in Tianjin Binhai New Area and expansion across mainland China.

Average Trading Volume: 352,280

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.48B

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