Core Viewpoint - TL Natural Gas (08536) has entered into a memorandum of understanding with Huate Power (China) Co., Ltd. and Taxiang to establish a joint venture focused on managing and operating off-grid methanol hydrogen fuel cell power systems and liquid-cooled supercharging stations across China [1] Group 1: Joint Venture Details - The joint venture will be owned 51% by TL Natural Gas, 24.5% by Huate Power, and 24.5% by Taxiang [1] - The joint venture aims to collaborate on projects developed by Shenzhen Supercomputing Power Digital Technology Co., Ltd. and Huate Power, including both operational and under-construction projects [1] Group 2: Strategic Implications - The establishment of the joint venture is expected to allow TL Natural Gas to enter the electricity charging market, potentially generating additional revenue for the company [1] - The company primarily engages in the sale of compressed natural gas and liquefied natural gas, along with providing transportation services [1]
TL NATURAL GAS拟与华特动力及税阳成立合营企业