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Recently, China Sam Enterprise Group (" Sam Group ") signed a comprehensive cooperation framework agreement with Beijing Gas Blue Sky Holdings Limited ("Beijing Gas Blue Sky"). The two sides will conduct comprehensive and in-depth cooperation in clean energy, trade, oil and gas development, industrial finance and personnel exchanges.
Beijing Gas Blue Sky (stock code: 6828.HK) is a listed company on the main board of the Hong Kong Stock Exchange. It is a comprehensive natural gas supplier and operator focusing on the development of natural gas industry in the middle and downstream. The company has rich experience on international oil and gas source procurement and domestic trade distribution and has strong supply chain investment and financing ability relying on the competitive advantage of Hong Kong capital market. Now it actively participates in the development of the whole natural gas industry chain.
Sam Group has always been active in developing cooperative relations of equality and mutual benefit with others. The signing of this agreement will help to stimulate the complementary effect of advantages, promote the two sides to give full play to their industry and resource integration advantages to truly realize the combination and coordinated development and enhance the industrial influence in the energy market.