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China Qinfa Group Ltd. ( (HK:0866) ) just unveiled an announcement.
China Qinfa Group Ltd. announced a Coal Supply Agreement between its subsidiary, SDE, and Zhejiang Energy Asia Pacific. This agreement involves Zhejiang Energy Asia Pacific purchasing 210,000 metric tons of Indonesian steam coal from SDE, with a flexible shipping schedule between January and March 2025. The transactions are deemed fair and reasonable by independent directors and comply with Hong Kong’s listing rules, exempting them from certain regulatory requirements.
More about China Qinfa Group Ltd.
China Qinfa Group Ltd. operates in the coal industry, focusing on the supply and distribution of coal products. The company is involved in the production and trading of coal, primarily serving markets in Asia.
YTD Price Performance: 19.30%
Average Trading Volume: 3,664,608
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$3.45B
Learn more about 0866 stock on TipRanks’ Stock Analysis page.
