Securities Code: 000695
Securities Abbreviation: Binhai Energy
Announcement No.: 2026-064
Tianjin Binhai Energy Development Co., Ltd.
Announcement on Signing Trademark License Agreement with Controlling Shareholder and Connected Transaction
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Transaction Overview
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To further support the business development of Tianjin Binhai Energy Development Co., Ltd. (hereinafter referred to as the "Company") and enhance its brand image, the Company's controlling shareholder, Yangguang Group Co., Ltd. (hereinafter referred to as "Yangguang Group"), has signed a "Trademark License Agreement" with the Company, authorizing the Company and its subsidiaries to use its registered trademarks and corporate logos (collectively referred to as "Trademarks") free of charge.
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According to the "Shenzhen Stock Exchange Stock Listing Rules," the counterparty to this transaction is the Company's controlling shareholder, constituting a connected transaction. This transaction does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies," nor does it constitute a restructuring for listing.
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This authorization is for free use. According to the Company's "Management System for Connected Transactions," connected transactions that do not reach the threshold for board of directors' review are approved by the Company's General Manager's Office meeting and do not require submission to the Board of Directors for review.