China Sanjiang Fine Chemicals Co. Ltd. announced that on 29 December 2025, its subsidiary Sanjiang Chemical entered into a Transportation Agreement with Gaoyu Shipping, an indirect wholly-owned subsidiary of the company. The agreement regulates the supplier and customer relationship for the transportation of naphtha. The directors, including independent non-executive directors (excluding those required to abstain), consider the terms of the agreement to be fair, reasonable, and in the interests of the company and its shareholders. The transaction is subject to reporting, announcement, and annual review requirements under the Hong Kong Stock Exchange Listing Rules, but does not require independent shareholders' approval.
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-20251229-11968487), on December 29, 2025, and is solely responsible for the information contained therein.
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