Tianlun Gas (01600) entered into two total return swap transactions with the total return swap counterparty

Zhitong Finance App News, Tianlun Gas (01600) issued an announcement. On September 27, 2024, the company and the total return swap counterparty entered into the fourth total return swap transaction and the fifth total return swap transaction.

The purpose of the company's fourth and subsequent total return swap transactions under the applicable terms is to hedge against the risk of rising cost of shares due to potential future stock price appreciation, and to mitigate the impact on the company's share award plan and other future matters.