Henan Jinma Energy Co. Ltd. Announces New 2025 Framework Agreement with Xinyang Co

Reuters
05/14
Henan Jinma Energy Co. Ltd. Announces New 2025 Framework Agreement with Xinyang Co

Henan Jinma Energy Co. Ltd., a joint stock company incorporated in China, has announced a new framework agreement with Xinyang Co. for the year 2025. The agreement, disclosed in an announcement dated April 28, 2025, outlines continuing connected transactions involving the purchase and sale of coal, coke, electricity, and sulfuric acid. Prices under the agreement are determined by prevailing market conditions, as monitored through specialized online platforms. Internal control measures, including a Pricing Committee, have been established to ensure adherence to the pricing policy. The committee, chaired by the general manager and comprising heads of various departments, will meet monthly to review and set the quantities and pricing for the transactions.

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 14, 2025, and is solely responsible for the information contained therein.

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