China Qinfa Unit to Sell Coal to Affiliate

MT Newswires Live
Apr 11

China Qinfa Group (HKG:0866) unit SDE agreed to sell 200,000 metric tons of Indonesian steam coal to Zhejiang Energy Asia Pacific, a Thursday filing with the Hong Kong bourse said.

Transactions for the year ending Dec. 31, 2025, are capped at $120 million under the contract.

Zhejiang Energy Asia Pacific is a substantial shareholder of Lead Far Development, a unit of China Qinfa.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10