BINHAI INV (02886) entered into a magnetic gradient detection service agreement with TEDA Construction.
Binhai Investment (02886) announced that its wholly-owned subsidiary, Tianda Clean Energy, entered into a magnetic gradient detection service agreement with Tianda Jian'an (an indirectly owned non-wholly-owned subsidiary of Tianda) on November 28, 2025. Under this agreement, Tianda Jian'an is required to provide engineering survey services to Tianda Clean Energy, in order to detect the location and burial depth of natural gas pipelines within the project area of Huaihe East Road, to ensure the smooth completion of the Huaihe East Road project. According to the magnetic gradient detection service agreement, Tianda Clean Energy is required to pay Tianda Jian'an a fee of RMB 75,000 as the cost of the engineering survey services.
BINHAI INV (02886) announced that its wholly owned subsidiary Teda Clean Energy signed a magnetic gradient detection service agreement with Teda Construction (an intermediate non-wholly owned subsidiary of Teda) on November 28, 2025. According to the agreement, Teda Construction will provide engineering survey services for Teda Clean Energy to detect the location and burial depth of natural gas pipelines in the project area of Huaihe East Road, in order to ensure the smooth completion of the Huaihe East Road project. Under the magnetic gradient detection service agreement, Teda Clean Energy will pay Teda Construction a total of RMB 75,000 for the engineering survey services.
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