China Risun Group Ltd. (HK:1907) has released an update.
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China Risun Group Ltd. has expanded its operation management services by signing a new cooperation agreement with Xuzhou Tian’an Chemical Co., Ltd. in the fourth quarter of 2024. This strategic move enhances Risun’s asset-light business model, increasing its operational capacity to 8.86 million tons annually, primarily focusing on coke production. The agreement aims to optimize production efficiency, control costs, and improve quality, positioning Risun for further growth in the coke and refined chemicals market.
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