IPCO International Ltd's Indirect Wholly Owned Subsidiary Announces Incorporation Of New Subsidiary In Anlu City

IPCO International Ltd announced that the Company has through its wholly-owned subsidiary Excellent Empire Ltd (Excellent Empire), via its wholly-owned subsidiary China Environmental Energy Protection Investment Ltd (China Environmental), which in turn through its China subsidiary Anlu Jiaxu Natural Gas Company Limited (Anlu Jiaxu), has incorporated a new subsidiary known as Anlu Jiaxu Natural Gas Wei Huo Transportation Co., Ltd (Anlu Jiaxu Natural Gas Wei Huo Transport). Anlu Jiaxu Natural Gas Wei Huo Transport has an authorised and paid-up capital of RMB1 million.The main business activities are to transport natural gas from Anlu City to Dawu City, Xiaochang City, and Guangshui City. It is a requirement of the local transport authority to register company trucks and trailers in a new company before the authority can renew our vehicle licenses under this category.