China Sanjiang Fine Chemicals Seeks Shareholder Approval for New Supply Agreements

Reuters12-22 20:50
<a href="https://laohu8.com/S/CNSJF">China Sanjiang Fine Chemicals</a> Seeks Shareholder Approval for New Supply Agreements

China Sanjiang Fine Chemicals Co. Ltd. announced that it has entered into several agreements, including a Naphtha Sales and Purchase Agreement with Mei Fu Petrochemical and a Steam Purchase Agreement, Liquified Petroleum Gas Purchase Agreement, and Fuel Gas Purchase Agreement with Blue Whale Bioenergy. These agreements are subject to approval by independent shareholders at an Extraordinary General Meeting scheduled for 15 January 2026. As a temporary arrangement to ensure continuous production, supplemental agreements have been signed with both Mei Fu Petrochemical and Blue Whale Bioenergy to guarantee supply during the relevant period. The company’s board, including independent non-executive directors, considers the terms of these agreements to be fair, reasonable, and in the ordinary course of business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Sanjiang Fine Chemicals Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251222-11964065), on December 22, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment