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30/05/2019 16:35

China Trustful (08265) signs co-operation agreement

[ET Net News Agency, 30 May 2019] China Trustful Group Limited (08265) said the company
has entered into a co-operation agreement with Caitong Securities Asset Management Co.,
Ltd (the fund administrator), which will manage a new investment fund in respect of the
industry of hydrogen/petrol energy amounting to approximately RMB1 billion (equivalent to
approximately HK$1.14 billion).
The fund will invest in new energy technology, hydrogen/petrol energy brand licensing
business, hydrogen/petrol station, oil tanks and fueling facilities in the People's
Republic of China.
According to the co-operation agreement, the group may invest in and introduce
internationally renowned investors to be the cornerstone investors into the fund. (RC)

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