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Blue Sky Gas's latest announcement: Proposed acquisition of 48% equity of CGN Yulong

author:Securities Star

Blue Sky Gas announced that the Company intends to acquire a 48% stake in CGN Yulong (Henan) New Energy Co., Ltd. ("CGN Yulong") held by Changge Yulong Industrial Co., Ltd. ("Changge Yulong"). The main business of CGN Yulong, the target of this acquisition, is the transmission and supply of natural gas pipelines, the construction and installation of gas supporting facilities, and the successful acquisition can consolidate and enhance the company's market position in the natural gas market in Henan Province.

Blue Sky Gas's latest announcement: Proposed acquisition of 48% equity of CGN Yulong

The chairman of the company is Li Guoxi. Mr. Li Guoxi: born in 1969, member of the Communist Party of China, Chinese nationality, no right of permanent residence abroad, master's degree, economist, former gas station manager of Zhumadian PETROC, executive director and manager of CNPC Sales from November 2009 to July 2011; From January 2007 to March 2020, he served as vice chairman of Blue Sky Group; Since June 2010, he has been a director of Blue Sky Investments. From August 2007 to November 2008, he served as a director of Henan Pipeline; He has been a director of the Company since December 2008.

This article is compiled by the Securities Star Data Center based on publicly available data and does not constitute investment opinions or suggestions, if you have any questions, please contact us.

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