China Risun Group Terminates Deal with Binhai Energy
Reuters
Nov 14, 2025
<a href="https://laohu8.com/S/01907">China Risun</a> Group Terminates Deal with Binhai Energy
China Risun Group Limited has announced that it will not proceed with the previously proposed transaction involving the disposal of equity interests in Cangzhou Risun Chemicals Limited in exchange for consideration shares to be issued by Tianjin Binhai Energy & Development Co., Ltd. According to the company, Risun Group, Risun Coal Chemicals, Shenzhen Venture Capital, Agricultural Bank Assets, and Binhai Energy have mutually agreed to terminate the agreement as of November 14, 2025. The parties have released each other from their respective obligations under the agreement and stated that the termination will not have any material adverse impact on the business operations or financial position of China Risun Group Limited. The company added that it will continue to explore potential strategic cooperation with Binhai Energy in the future.
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