BLUE RIVER HLDG (00498) has signed a cooperation framework agreement with Nengchu Investment Company.
Blue River Holdings (00498) announced that on February 2, 2026, the company has entered into a non-legally binding cooperation framework agreement with Wuhan Energy Reserve Operation Investment Limited Company (Energy Reserve Investment Company). The agreement aims to explore deeper cooperation in various areas, including the construction and operation of liquefied natural gas (LNG) storage tanks, receiving "sea gas into the river," relying on the Yangtze River golden waterway to connect the imported LNG internal transport channel, supporting projects and coal trading, as well as improving the supply chain between upstream and downstream to generate synergies (referred to as "cooperation" hereinafter).
BLUE RIVER HLDG (00498) announced that on February 2, 2026, the company has entered into a non-legally binding cooperation framework agreement with Wuhan Energy Reserve Operation Investment Limited (Energy Reserve Investment Company). The agreement outlines the exploration of resource sharing platforms and cooperation in various areas to create a cooperation hub. This includes the construction and operation of liquefied natural gas (LNG) storage facilities, receiving "sea gas into the river," utilizing the Yangtze River golden waterway to establish an inbound LNG pipeline, supporting projects and coal trading, as well as enhancing the supply chain upstream and downstream to generate synergies (referred to as "cooperation" below).
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