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Henan JinMa Energy Co. Ltd. Class H ( (HK:6885) ) just unveiled an update.
Henan JinMa Energy Co. Ltd. has announced a new agreement with Maanshan Steel Group, revising and extending their existing framework for coke supply due to increased demand. The 2025 Maanshan Steel Framework Agreement will adjust the existing cap for 2025 and extend the partnership until 2027, pending shareholder approval. This move highlights the company’s strategic positioning to meet growing market demands and maintain its role as a key supplier in the steel industry.
More about Henan JinMa Energy Co. Ltd. Class H
Henan JinMa Energy Co. Ltd. is a company based in China, operating within the energy sector. It is primarily involved in the production and sale of coke, a crucial component in steel manufacturing, and has a significant market focus on supplying this product to steel companies, such as Maanshan Steel Group.
Average Trading Volume: 122,484
Technical Sentiment Signal: Sell
Current Market Cap: HK$289.1M
For a thorough assessment of 6885 stock, go to TipRanks’ Stock Analysis page.