Core Viewpoint - China Qinfa (00866) has announced a coal supply agreement between its non-wholly owned subsidiary SDE and Zhejiang Energy Asia Pacific, involving the purchase of 75,000 metric tons of Indonesian thermal coal [1] Group 1: Agreement Details - The agreement stipulates that SDE will sell 75,000 metric tons of Indonesian thermal coal to Zhejiang Energy Asia Pacific [1] - Initially, a long-term coal supply agreement was expected to be established for 20 years, but the parties require more time to assess annual production capacity before committing to a long-term contract [1] - The current agreement is a shorter-term coal supply contract, which will provide the group with a stable revenue source due to the ongoing demand from Zhejiang Energy's state-owned power plants [1]
中国秦发：浙江能源亚太将向SDE购买煤炭