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: 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.