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Henan JinMa Energy Co. Ltd. Class H ( (HK:6885) ) has issued an update.
Henan JinMa Energy Co. Ltd. has entered into a new 2025 Framework Agreement with Xinyang Co to explore alternative cooperation modes while maintaining the existing 2022 Framework Agreement. This new agreement allows the company to process coal supplied by Xinyang Group to produce coke and its by-products, providing flexibility and continuity in operations without disrupting current agreements. The transactions under this agreement are considered continuing connected transactions under the Listing Rules, with necessary approvals in place, ensuring they are fair and beneficial to the company and its shareholders.
More about Henan JinMa Energy Co. Ltd. Class H
Henan JinMa Energy Co. Ltd. is a company based in the People’s Republic of China, primarily involved in the production and sale of coke and related by-products such as electricity and sulfuric acid. The company operates within the energy sector and focuses on supplying these products to the Xinyang Group.
YTD Price Performance: -25.00%
Average Trading Volume: 140,279
Technical Sentiment Signal: Buy
Current Market Cap: HK$273.1M
Learn more about 6885 stock on TipRanks’ Stock Analysis page.