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China Qinfa Group Ltd. ( (HK:0866) ) has shared an update.
China Qinfa Group Ltd. announced that its subsidiary, SDE, has entered into a Coal Supply Agreement with Zhejiang Energy Asia Pacific for the sale of 200,000 MT of Indonesian steam coal. This agreement, which is classified as a continuing connected transaction under the Hong Kong Stock Exchange Listing Rules, reflects fair and reasonable terms and is expected to enhance the company’s operational capacity and market presence in the coal industry.
More about China Qinfa Group Ltd.
China Qinfa Group Ltd. is a company involved in the coal industry, focusing on the supply and trading of coal. It operates through its subsidiaries and engages in transactions related to coal supply agreements, primarily dealing with Indonesian steam coal.
YTD Price Performance: -24.56%
Average Trading Volume: 5,524,466
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.18B
For detailed information about 0866 stock, go to TipRanks’ Stock Analysis page.