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Anhui Jinyan Kaolin New Materials Co. Ltd. Class H ( (HK:2693) ) just unveiled an update.
Anhui Jinyan Kaolin New Materials has renewed its natural gas procurement arrangement by signing a new three-year Natural Gas Procurement Framework Agreement with CR Gas, effective from 1 January 2026 to 31 December 2028, under which it will continue to purchase natural gas as a heat source for its production and operations. Because CR Gas is an associate of one of the company’s controlling shareholders, the arrangement constitutes continuing connected transactions under Hong Kong Listing Rules, requiring reporting, announcement and independent shareholders’ approval; the board (excluding the independent non-executive directors, who will opine later) considers the terms fair, on normal commercial terms, and in the interests of shareholders, and has implemented internal controls and monitoring to ensure ongoing regulatory compliance, with the interested director abstaining from the board vote.
More about Anhui Jinyan Kaolin New Materials Co. Ltd. Class H
Anhui Jinyan Kaolin New Materials Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates in the new materials sector, using natural gas as a key heat source in its daily production and operations. The company’s business relies on stable energy supply to support its manufacturing activities and maintain operational continuity.
Average Trading Volume: 1,086,958
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