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    8536   KYG889141175

TL NATURAL GAS HOLDINGS LIMITED

(8536)
Delayed Hong Kong Stock Exchange  -  04:08 2022-09-23 am EDT
0.1390 HKD    0.00%
08/10TL Natural Gas Holdings Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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06/24TL Natural Gas Holdings Limited Announces Executive Changes
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05/12TL Natural Gas Holdings Limited Reports Earnings Results for the First Quarter Ended March 31, 2022
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TL Natural Gas : APPOINTMENT OF AUDITORS

12/29/2021 | 11:47am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

TL Natural Gas Holdings Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8536)

APPOINTMENT OF AUDITORS

Reference is made to the announcement of TL Natural Gas Holdings Limited (the "Company") dated 17 December 2021 (the "Announcement") in relation to the resignation of Moore Stephens CPA Limited ("Moore Stephens") as the auditors of the Company. Unless otherwise defined, capitalised terms used in this announcement have the same meanings as those defined in the Announcement.

The Board announces that, with the recommendation from the audit and risk management committee of the Company, CL Partners CPA Limited ("CL Partners") has been appointed as the new auditors of the Company with effect from 29 December 2021 to fill the casual vacancy following the resignation of Moore Stephens and to hold office until the conclusion of the next annual general meeting of the Company.

The Board would like to take this opportunity to express its warm welcome to CL Partners on their appointment as the auditors of the Company.

By order of the Board

TL Natural Gas Holdings Limited

Liu Yong Cheng

Chairman, Chief Executive Officer and Executive Director

Hong Kong, 29 December 2021

As at the date of this announcement, the Board comprises Mr. LIU Yong Cheng, Mr. LIU Yong Qiang and Mr. LIU Chunde as executive Directors; and Mr. YEUNG Chun Yue David, Ms. LUO Hongru and Ms. ZENG Li as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.com on the "Latest Company Announcements" page for at least seven days from the date of its posting. This announcement will also be published on the Company's website at www.tl-cng.com.

Disclaimer

TL Natural Gas Holdings Ltd. published this content on 29 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2021 16:46:03 UTC.


© Publicnow 2021
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Financials
Sales 2021 46,4 M 6,51 M 6,51 M
Net income 2021 -8,48 M -1,19 M -1,19 M
Net cash 2021 29,4 M 4,12 M 4,12 M
P/E ratio 2021 -8,15x
Yield 2021 -
Capitalization 22,4 M 3,14 M 3,14 M
EV / Sales 2020 1,55x
EV / Sales 2021 0,61x
Nbr of Employees 84
Free-Float 38,3%
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Managers and Directors
Yong Cheng Liu Chairman, CEO & Compliance Officer
Xiu Shan Liu Manager-Operations
Qiang Huang Manager-Production & Operations
Hongru Luo Independent Non-Executive Director
Li Zeng Independent Non-Executive Director