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Zhengzhou Coal Mining Machinery Group Continues Partnership with Ansteel Group

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Zhengzhou Coal Mining Machinery Group Continues Partnership with Ansteel Group

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An announcement from Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H ( (HK:0564) ) is now available.

Zhengzhou Coal Mining Machinery Group Co., Ltd. has announced the continuation of its connected transactions with Ansteel Group, involving the purchase and sale of commodities and services. The company entered into a new Commodities and Services Framework Agreement with Ansteel Group to ensure the continuation of these transactions, which include the purchase of steel products and industrial gases, as well as the provision of steel transportation services. This agreement is expected to support the company’s operations and maintain its market position in the industry.

More about Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H

Zhengzhou Coal Mining Machinery Group Co., Ltd. is a company based in China, primarily involved in the coal mining machinery industry. The company focuses on producing equipment and machinery for coal mining operations.

YTD Price Performance: 23.40%

Average Trading Volume: 2,520,127

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$27.55B

For an in-depth examination of 0564 stock, go to TipRanks’ Stock Analysis page.

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