Zhonghua Gas earmarks RMB 14.8 million in convertible bond proceeds for Lao LNG project

• Zhonghua Gas clarified that RMB 14.8 million of approximately RMB 29.6 million in convertible bond net proceeds will fund its Lao LNG project.
• Total project capital requirements are estimated at RMB 55 million; expenditure incurred totals approximately RMB 3 million.
• The project remains preliminary, with concession approvals pending from the Lao government and Ministry of Industry and Commerce.
• Cash and cash equivalents totaled approximately RMB 9.8 million as of September 30, 2026, representing approximately 3% of total assets.
• The initial conversion price of HK$ 0.88 represents a 17.33% premium to the closing share price immediately before the subscription agreements.

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. Zhonghua 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-20261104-12400718), on November 04, 2026, and is solely responsible for the information contained therein.