Delonghuineng: Yangxin Gas and Mengrun Technology signed a "Gas Station Cooperative Operation Agreement".

date
20/05/2026
Delonghui Energy Announcement: The company held a board meeting on May 20, 2026, and approved the proposal for its subsidiary Yangxin Gas to sign a "Gas Station Cooperation Agreement" with Hubei Mengrun Technology Co., Ltd. Yangxin Gas will lease existing gas station construction sites and some business premises to Mengrun Technology, who will be responsible for investment and construction. The contract period for the gas station operation is 12 years, with a guaranteed annual fixed income for Yangxin Gas of not less than 810,000 yuan. Starting from the second year of operation, Yangxin Gas may also receive a profit-sharing of 5% of the annual business income.