Brief: China Risun Group Entered Deal Where Independent Third Party To Produce Coke Products
18/03/2021 14:56
March 18 (Reuters) - China Risun Group Ltd 1907.HK :
* ENTERED DEAL WHERE INDEPENDENT THIRD PARTY TO PRODUCE COKE
PRODUCTS & CO WILL BE RESPONSIBLE FOR BUYING RELEVANT PRODUCTS
* UNIT TO BE RESPONSIBLE FOR PURCHASING RELEVANT PRODUCTS
FROM
COUNTERPARTY AT AN AGREED PRICE AND SELLING PRODUCTS TO
DOWNSTREAM CUSTOMERS
* RISUN MARKETING RECEIVES SALES SERVICE FEES AT A RATE OF
RMB40/TONNE FROM COUNTERPARTY BASED ON SALES VOLUME
Source text for Eikon: ID:nHKS4RFFKk
Further company coverage: 1907.HK
((Reuters.Briefs@thomsonreuters.com;))
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