China Resources Pharmaceutical Unit Renews Energy Purchase Contract with China Resources Gas Subsidiary

MT Newswires Live06-21

A unit of China Resources Pharmaceutical Group (HKG:3320) has renewed an agreement to continue purchasing energy for heating and cooling, steam, and electricity from Chenzhou China Resources Gas, a Friday bourse filing said.

The energy is being purchased for use at unit China Resources Sanjiu (Chenzhou) Pharmaceutical’s Southern China manufacturing center.

The contract became effective today, Friday, and will expire on Dec. 31, 2025.

Chenzhou China Resources Gas is a unit of China Resources Gas Group (HKG:1193).

Shares of pharmaceutical company China Resources Pharmaceutical closed nearly 2% lower on Friday.

Price (HKD): $5.85, Change: $-0.09, Percent Change: -1.52%

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