Bece Legend Group Co.Ltd(000803) plans to acquire 100% equity of Tianjin Bihai, and the oil business expands rapidly

Bece Legend Group Co.Ltd(000803) 31 announced that Beikong 10, a wholly-owned subsidiary of the company, plans to sign a framework agreement to acquire 100% equity of Tianjin Bihai environmental protection technology consulting service Co., Ltd. (hereinafter referred to as “Tianjin Bihai”), and the overall value of Tianjin Bihai does not exceed 600 million yuan.

Based on the agreement between the two parties, Beikong Party 10 plans to sign the exclusive oil sales agreement with Tianjin Bihai and Tianjin Defeng Lisheng solid waste treatment Co., Ltd. (a wholly-owned subsidiary of Tianjin Bihai), which stipulates that the oil and gutter oil sold and supplied by Tianjin Bihai and Tianjin Defeng to Beikong Party 10 shall not be less than 7200 tons every 12 months. If it is less than 12 months, the oil and gutter oil sold and supplied to Beikong Party 10 every 1 month on average Gutter oil shall not be less than 600 tons.

The company said that the “exclusive sales agreement for oil” to be signed this time can realize the rapid expansion of the production scale and production capacity of the company’s oil business, the rapid growth of product supply, form large-scale advantages and improve the company’s oil processing and sales capacity. It is the need for the company to expand the radiation area of oil processing business and expand and strengthen the oil business, which is expected to have a positive impact on the company’s operating performance this year.

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