tiprankstipranks
Trending News
More News >

China Qinfa Group Clarifies and Adjusts Coal Supply Agreements

Story Highlights
  • China Qinfa Group Ltd. focuses on coal supply agreements in the energy sector.
  • The company clarified and adjusted its coal supply agreements, revising schedules and quantities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Qinfa Group Clarifies and Adjusts Coal Supply Agreements

Confident Investing Starts Here:

China Qinfa Group Ltd. ( (HK:0866) ) just unveiled an update.

China Qinfa Group Ltd. has issued a clarification regarding its coal supply agreements, specifically the one dated 10 April 2025. The company has adjusted the shipping schedule to occur between April and June 2025 and revised the base quantity of coal under the April agreement. The estimated transaction amount is set at USD22 million, with provisions for adjustments if coal prices fluctuate. Supplemental agreements have also been made to remove annual cap provisions and adjust coal quantities, reflecting the company’s strategic focus on optimizing its coal supply operations.

More about China Qinfa Group Ltd.

China Qinfa Group Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the coal industry. It focuses on coal supply agreements and transactions, positioning itself within the energy sector.

Average Trading Volume: 6,163,368

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.74B

For detailed information about 0866 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App