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Chengdu Expressway Secures Exclusive Oil Supply Deals through Zhongyou Energy Subsidiary
ByAinvest
Friday, Jan 17, 2025 9:11 am ET1min read
Chengdu Expressway Co. has secured exclusive refined oil purchase and sale contracts through its subsidiary, Zhongyou Energy, replacing previous non-exclusive arrangements. This strategic move positions Zhongyou Energy as the main platform for the company's refined oil business until 2027, continuing a connected transaction subject to reporting requirements.
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