Jinyan Kaolin New Materials Renews Natural Gas Procurement Agreement with Huaibei China Resources Gas; Shares Jump 4%

MT Newswires Live

01/19

Anhui Jinyan Kaolin New Materials (HKG:2693) renewed a natural gas procurement agreement with Huaibei China Resources Gas, according to a Hong Kong bourse filing Friday.

Shares of the China-based coal-series kaolin company gained over 4% in late morning trade Monday.

The agreement was renewed for a three-year period ending Dec. 31, 2028, and will let Anhui Jinyan Kaolin procure natural gas from Huaibei China Resources Gas for its daily production and operation.

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