Hubei Heyuan Gas Co., Ltd. (002971.SZ) signed a 7.68 billion yuan gas supply contract with Dingyi New Materials.

Hubei Heyuan Gas Co., Ltd. (002971.SZ) announced that the company has signed a "On-site Gas Supply Business Contract" with Hubei Dingyi New Materials Co., Ltd. (referred to as "Dingyi New Materials") for the investment and construction of the complete equipment for Dingyi New Materials' on-site gas production facility, as well as gas supply services. The contract stipulates that the company will supply oxygen, nitrogen, and propane products to Dingyi New Materials. The preliminary estimated contract amount (including taxes) is approximately 768 million yuan. The contract specifies a performance period of ten years from the official start date of gas supply, with gas supply conditions to be met by July 1, 2026.