On June 11th, Grong Hui announced that Hangzhou Oxygen Plant Group (002430.SZ) plans to jointly establish a joint venture with Dalian Xizhongdao Development Group Co., Ltd. (hereinafter referred to as "Xizhongdao Development Group") to further expand the gas industry layout. The joint venture will be called Dalian Xizhongdao Hangzhou Oxygen Gas Co., Ltd. (hereinafter referred to as "Gas Company"), with a registered capital of 135 million yuan, of which Xizhongdao Development Group will contribute 87.75 million yuan, accounting for 65%; the company will contribute 47.25 million yuan, accounting for 35%. The company and Xizhongdao Development Group signed a joint venture agreement, and after the establishment of the gas company, it will provide industrial gas products and services to companies in Dalian Xizhongdao Petrochemical Industrial Park.
杭氧股份(002430.SZ)：为大连西中岛石化产业园区供气暨投资设立气体公司
Hangzhou Oxygen Plant Group (002430.SZ): Established a gas company for supplying gas to Dalian Xizhongdao petrochemical industrial park and investment.
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