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China Resources Cement Holdings ( (HK:1313) ) has shared an update.
China Resources Cement Holdings has entered into a Framework Agreement with CR Power for the procurement of Power Plant By-Products, including fly ash, desulfuration gypsum, and furnace slag. The agreement, effective from February 21, 2025, to December 31, 2025, sets an annual cap of RMB30,000,000, determined by historical transaction values and projected demands. This collaboration aims to ensure a consistent supply of by-products for the company’s business development, adhering to market-based pricing strategies and fulfilling reporting and review requirements under Hong Kong’s Listing Rules.
More about China Resources Cement Holdings
YTD Price Performance: -8.10%
Average Trading Volume: 5,750
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.31B
Learn more about 1313 stock on TipRanks’ Stock Analysis page.
