Binhai Energy announced that Xuyang Group, the controlling shareholder of the company, has signed a “Trademark License Agreement” with the company to authorize the company and its subsidiaries to use their registered and valid trademarks and corporate logos free of charge. This transaction constitutes a related transaction and does not constitute a major asset restructuring or restructuring listing. It is approved by the General Manager's Office. The license period continues to be valid from the signing of the agreement and as long as the company is an affiliate. From the beginning of the year to the announcement date, the total amount of related transactions between the company and Xuyang Group and its co-actors was 42.22 million yuan. The license was granted to expand the company's business.

Binhai Energy announced that Xuyang Group, the controlling shareholder of the company, has signed a “Trademark License Agreement” with the company to authorize the company and its subsidiaries to use their registered and valid trademarks and corporate logos free of charge. This transaction constitutes a related transaction and does not constitute a major asset restructuring or restructuring listing. It is approved by the General Manager's Office. The license period continues to be valid from the signing of the agreement and as long as the company is an affiliate. From the beginning of the year to the announcement date, the total amount of related transactions between the company and Xuyang Group and its co-actors was 42.22 million yuan. The license was granted to expand the company's business.