中国秦发(00866)：浙江能源亚太将向SDE购买煤炭

Core Viewpoint - China Qinfa (00866) has entered into a coal supply agreement with Zhejiang Energy Asia Pacific, involving the sale of 75,000 metric tons of Indonesian thermal coal [1] Group 1: Agreement Details - The agreement is a short-term coal supply contract, as the parties require more time to assess annual production capacity before committing to a long-term agreement [1] - The initial expectation was for a 20-year supply agreement, but the current decision reflects a more cautious approach [1] Group 2: Financial Implications - The coal supply agreement is expected to provide a stable revenue source for the company due to the ongoing demand from Zhejiang Energy's state-owned power plants [1]