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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.