New natural gas: the privatization of Yamei Energy, a holding subsidiary, is expected to be delisted by the end of July.

[new Natural Gas: controlling subsidiary Yamei Energy is privatized with a high vote expected to be delisted by the end of July] FAP, June 2, New Natural Gas and Yamei Energy jointly issued an announcement announcing that the resumed court meeting and the resumed special general meeting of shareholders voted that the new natural gas offer to acquire Yamei Energy was approved by a high vote of 93.12%. June 5, 2023 is the last trading day of Yamei Energy. Yamei will then delist on the Hong Kong Stock Exchange and is expected to complete the privatisation deal by the end of July. After the completion of this transaction, Yamei Energy will become a wholly-owned and unlisted subsidiary of New Natural Gas, which will help New Natural Gas seize the historical opportunity of energy revolution and industrial structure adjustment under the national goal of "double carbon", and vigorously promote the development of clean energy substitution industry. At the same time, streamline and optimize the governance structure, improve the allocation efficiency and synergy of funds and high-quality resources between new natural gas and subsidiaries, and consolidate and enhance the sustainable operating capacity of new natural gas.