Henan Jinma Energy Announces Revised 2025 Maanshan Steel Framework Agreement, Increasing Cap to RMB2.42 Billion

Reuters

05-23

Henan Jinma Energy Announces Revised 2025 Maanshan Steel Framework Agreement, Increasing Cap to RMB2.42 Billion

Henan Jinma Energy Company Limited has announced the signing of the 2025 Maanshan Steel Framework Agreement, continuing its longstanding partnership with Maanshan Steel Group. The agreement includes the supply of coke to Maanshan Steel for the years ending December 31, 2026, and 2027. The decision follows a strategic assessment by the company's directors, who believe the contract will enhance operating efficiency and provide stable revenue streams. The terms are deemed fair and reasonable, aligning with normal commercial practices and benefiting the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Henan Jinma Energy Co. Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.

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