China Qinfa Group: Signs a coal supply agreement with Zhejiang Energy Asia-Pacific Enterprise

Qinfa Group Announcement: The Board of Directors is pleased to announce that SDE has signed a coal supply agreement with Zhejiang Energy Asia Pacific, stipulating that Zhejiang Energy Asia Pacific will purchase coal from SDE. SDE agrees to sell, and Zhejiang Energy Asia Pacific agrees to purchase 75,000 tons of Indonesian thermal coal. According to the supply agreement, the contracting parties may negotiate to adjust the basic benchmark quantity by up to 10%.