[ET Net News Agency, 7 November 2017] China LNG Group (00931) said it entered into a
letter of intent with Chengdu Huaqi Houpu Holding Co., Ltd. and China Nuclear Industry
Fifth Construction Co., Ltd in relation to the joint establishment of an industrial
investment fund, whereby the three parties agreed to jointly establish an industrial
investment fund for clean energy in the form of limited partnership.
The total capital investment of the industrial investment fund for clean energy will be
Rmb5,010 million. The target investments of the industrial investment fund for clean
energy would be liquefied natural gas (LNG) related businesses/ projects. (HL)