Henan JinMa Energy Co. Ltd. Class H (HK:6885) has released an update.
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Henan JinMa Energy Co. Ltd. has renewed its Continuing Connected Transactions for the next three years, starting from January 2025. This move involves setting new annual transaction caps and engaging with connected entities such as Zenith Steel and Xuzhou Oriental in various business activities, including the sale and purchase of coke and coal. The company’s board has confirmed that the terms of these transactions are fair and in the best interest of shareholders, thus exempting them from needing independent financial advice or shareholder approval.
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