TL Natural Gas forms RMB 10 million Hainan smart transport joint venture via Jet Orient

• TL Natural Gas unit Jet Orient agreed to form a joint venture in Hainan, China, for autonomous urban delivery and smart logistics services.
• Registered capital set at RMB 10 million; Jet Orient to invest RMB 4.6 million for a 46% stake.
• Partners Yaoxing Haoyun and Xinghui Jiushi to contribute RMB 3.5 million for 35% and RMB 1.9 million for 19%.
• Jet Orient to appoint three of five directors, including chair; venture to be consolidated as a TL Natural Gas subsidiary.
• Transaction classified as discloseable under GEM rules; shareholder approval not required.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TL Natural Gas Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12295156), on August 21, 2026, and is solely responsible for the information contained therein.