BLUE RIVER HLDG(00498.HK): Signs Cooperation Framework Agreement with Wuhan Energy Storage & Operation Investment Co., Ltd. to Explore Cooperation in LNG and Other Fields

NewTimeSpace News:BLUE RIVER HLDG(00498.HK) released a voluntary announcement on February 2, 2026, stating that it has signed a cooperation framework agreement with Wuhan Energy Storage & Operation Investment Co., Ltd.

Pursuant to the agreement, relying on the policy support of the Yangtze River Grand Protection Strategy, both parties will explore and deepen multi-field cooperation and build a cooperation hub. Key areas include the construction and operation of LNG storage facilities, undertaking the "Marine Gas Inflow to Rivers" project, opening up inland transportation channels for imported LNG and supporting projects relying on the Yangtze River Golden Waterway, as well as coal trading and improving the upstream and downstream supply chains to achieve synergistic effects.

As agreed in the agreement, both parties will set up a special working group responsible for formulating the scope and details of cooperation projects, conducting relevant research and due diligence on technology, finance, legal affairs, etc., and strive to negotiate cooperation details and sign a formal agreement as soon as possible.

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