Sichuan Expressway Renews Key Oil Agreement with PetroChina

Sichuan Expressway Co (HK:0107) has released an update.

Sichuan Expressway Co. has renewed its Refined Oil Framework Agreement through its subsidiary, Zhonglu Energy, with PetroChina Sichuan Sales Branch, ensuring continued collaboration in refined oil transactions. The agreement, approved by the board and deemed fair and beneficial for shareholders, highlights mutual business interests and strengthens their strategic partnership. This renewal is part of their ongoing efforts to maintain robust commercial terms without requiring independent shareholder approval.

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