Beijing Gas Blue Sky (06828) issued an announcement. On April 26, 2024, Beijing Beiyuan (the company's indirect...
According to the Zhitong Finance App, Beijing Gas Blue Sky (06828) issued an announcement. On April 26, 2024, Beijing Beiyuan (an indirect wholly-owned subsidiary of the company) signed an asset transfer agreement with Beijing Gas Energy (a direct wholly-owned subsidiary of Beijing Gas). Based on this, Beijing Gas Energy agreed to transfer to Beijing Beiyuan and Beijing Beiyuan agreed to acquire target assets at a cost of RMB 33 million.
On December 8, 2014, Beijing Gas Energy and Beijing Ningke discussed the investment, construction, operation and management of the Beiqi Business Park project and signed an investment cooperation agreement. According to the investment cooperation agreement, Beijing Gas Energy invests in the construction of the “Triple Energy Supply Center” in the Beiqijia Business Park and legally owns the assets related to the Beiqijia Business Park Energy Center project. After the completion of the Beiqijia Business Park Energy Center Project and until 2036, Beijing Gas Energy will have the right to provide energy supply services to residents and non-resident users of the Beiqijia Business Park Energy Center Project.
The target assets are assets lawfully held by Beijing Gas Energy involving the Beiqijia Business Park energy center project, including ground source heat pump systems, air conditioning water systems, power conversion projects, pipelines and valves, and other related assets required for the current operation of the Beiqijia Business Park Energy Center project.
The announcement stated that the asset transfer is in line with the rapid development trend of renewable energy and integrated energy under the national dual carbon policy and the national energy development strategy, and enables the Group to balance and diversify its investments outside of traditional natural gas projects. Under the dual carbon policy environment, vigorously developing comprehensive energy and renewable energy, and encouraging the construction of integrated energy projects with integrated sources, networks, storage and multiple energy complements are the development trends of China's modern energy system. Furthermore, the project is located in Beijing. The “Beijing Energy Development Plan for the 14th Five-Year Plan” states that energy system transformation will be promoted and renewable energy replacement actions will be implemented. Therefore, asset transfers are in line with macroeconomic policy guidance.
Asset transfers not only support the Group's business growth, but also enhance the Group's core competitiveness in the energy industry, create new growth points for the Group's business, and help enhance investors' confidence in the company and enhance its long-term overall value. The asset transfer will bring the Group high-quality assets that can provide stable income and cash flow, and will also be a key step in the company's future transformation and development.