China Sanjiang Fine Chemicals Co., Ltd. (HK:2198) has released an update.
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China Sanjiang Fine Chemicals Co., Ltd. has announced a series of continuing connected transactions with Mei Fu Petrochemical, including the supply of crude hydrogen gas and MTBE processing services, as well as leasing storage tanks and providing loading and unloading services. These agreements are set to last until the end of 2025 with respective annual caps of RMB50 million, RMB18 million, RMB8 million, and RMB6 million. The deals fall within the reporting and annual review requirements of the Listing Rules, but do not require independent shareholder approval.
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