中国秦发(00866.HK)附属与浙江能源亚太订立供煤协议

Core Viewpoint - China Qinfa (00866.HK) has entered into a coal supply agreement with Zhejiang Energy Asia Pacific, involving the purchase of 150,000 metric tons of Indonesian thermal coal [1] Group 1: Agreement Details - The agreement allows for a mutual adjustment of the base quantity by 10% upwards or downwards [1] - Initially, a 20-year supply agreement was anticipated, but both parties require more time to assess annual production capacity before committing to a long-term contract [1] Group 2: Revenue Stability - The coal supply agreement is expected to provide the company with a stable revenue source due to the ongoing demand from Zhejiang Energy's state-owned power plants [1]