Investment capital and to blackrock fund management co., LTD and hasan investment company consortium led by international investors, the Saudi aramco newly established subsidiary - Saudi aramco natural gas pipeline company 49% stake in the company has 20 years of lease, Saudi aramco natural gas pipeline network and to Saudi aramco collection with minimum throughput guarantee transmission price income. HSBC acted as the exclusive financial advisor to China Merchants Capital CMU in connection with the transaction.

Saudi Aramco is the world's largest oil and gas producer and is responsible for the exploration and production of oil and gas fields in Saudi Arabia. Saudi Aramco successfully listed on Saudi Arabia's Tadawul Stock Exchange in 2019, becoming the first publicly traded company in the world to be valued at more than $2 trillion, with its latest total market capitalization of about $2.09 trillion.

Natural gas energy is expected to play an important role in Saudi Arabia's energy transformation. This investment is an important practice of China Merchants Group to fulfill its commitment to promoting green development and environmental protection, and a concrete action to deepen comprehensive strategic cooperation between China and Saudi Arabia, in line with China's Belt and Road Initiative and Saudi Arabia's Vision 2030.

It is of great strategic significance for China Merchants Capital to participate in this transaction through its fund CMU, which is an overseas strategic investment platform to promote the combination of industry and finance by supporting the main business of China Merchants Group. At the same time, this project is of positive significance to the implementation of China Merchants Group's overseas development strategy of high-quality operation of overseas stock and high-level expansion of overseas increment.

By the end of 2021, China Merchants Capital's total assets under management amounted to nearly 300 billion yuan. This transaction is China Merchants Capital's first major investment layout in the Middle East region. China Merchants Capital accelerates the internationalization process by taking advantage of the Belt and Road Initiative with an international perspective and an open mind. By cooperating with large international investment institutions and taking major projects as the carrier, it gives full play to its own advantages and comprehensively enhances its international influence.