Zhonghua Gas has announced the completion of a feasibility study for its proposed fuel oil and gas supply network in the Lao People’s Democratic Republic. The study, prepared by Shandong Longzhong, evaluates project infrastructure, development timeline, operational capacity, investment requirements and potential returns. The final report has been submitted to the Lao Ministry of Industry and Commerce for review and approval.
At this stage, no legally binding agreement has been signed with Lao authorities. The strategic cooperation may or may not proceed, and shareholders are urged to exercise caution when dealing in the company’s shares. Zhonghua Gas stated it will release further updates in compliance with GEM Listing Rules as material developments arise.