China Risun Group Ltd. (HK:1907) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Risun Group Ltd. has expanded its operation management services by signing a new cooperation agreement with Xuzhou Tian’an Chemical Co., Ltd. in the fourth quarter of 2024. This strategic move enhances Risun’s asset-light business model, increasing its operational capacity to 8.86 million tons annually, primarily focusing on coke production. The agreement aims to optimize production efficiency, control costs, and improve quality, positioning Risun for further growth in the coke and refined chemicals market.
For further insights into HK:1907 stock, check out TipRanks’ Stock Analysis page.