(Hong Kong, 5 March 2025) - China Risun Group Limited (“China Risun”, or the “Group”, stock code: 1907.HK), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China announced a significant breakthrough in green transportation and cost optimization by its subsidiary, Hebei CNC Risun Energy Limited. ("CNC Risun"). Following multiple rounds of extensive negotiations with the Shijiazhuang Railway Logistics Center of China Railway Beijing Group Co., Ltd., CNC Risun got approval from China Railway Beijing Group, realizing the implementation of “Multi-regional railway bureau transportation fee reduction project”. This development reflected CNC Risun's proactive promotion of“shift from road to rail”, setting a model for the industry's green transformation. CNC Risun successfully achieved discounts for all railway transportation flows within and outside its logistics setup, and further enhanced logistics cost competitiveness, laying a solid foundation for the group's annual operational goals of “controlling investments, increasing benefits, reducing costs, and securing profits”.
In addition, CNC Risun has signed a logistics outsourcing agreement with the Shijiazhuang Railway Logistics Center of China Railway Beijing Group, committing to a total annual transportation volume of 3.4 million tonnes, of which 1.6 million tonnes are for [outbound coke] and 1.8 million tonnes for [inbound coal]. Continuing China Risun’s long-standing practice for many years in railway transportation cooperation, the collaboration further embodying the concept of “[railway and business as one family, working together for progress]”. Through resource integration and complementary advantages, both parties will achieve mutual benefits, win-win development, and ensure the comprehensive implementation of the 2025 railway transportation tasks. Simultaneously, the Group and China Railway Beijing Group Co., Ltd. will sign a logistics outsourcing agreement, involving a total annual transportation volume of 10.9 million tonnes, of which 5.0 million tonnes are for [outbound coke] and 5.9 million tonnes for [inbound coal]. China Risun will strive to boost its total annual rail transport volume nationwide to over 20 million tonnes, making it a key customer of China Railway(“China State Railway Group Co., Ltd.”). This aims to upgrade strategic cooperation with railway companies, align its railway transportation needs with railway transportation resources, so as to provide the Group with more comprehensive and stronger logistics and transportation support to develop business.
China Risun will continue to uphold the concept of green development, deepen cooperation with the railway sector, continuously optimize transportation structures to enhance operational efficiency, and create greater value for shareholders, customers, and society.
