On October 31, 2025, Mr. Yang Lu, Executive Director and Vice President of China Risun Group, led a delegation to engage in discussions with Sumitomo Corporation at China Risun's Hong Kong headquarters and jointly witnessed the signing of the 2025–2026 cross-year long-term coke sales agreement.
From Sumitomo Corporation, the attendees included:
Mr. Takashi Hosokawa, Deputy General Manager of the Mineral Resources Department, Sumitomo Corporation China,
Mr. Liu Li, General Manager of the Carbon Department, Sumitomo Corporation China,
Mr. Wang Xiaoyi, Senior Manager of the Carbon Department, Sumitomo Corporation,
Ms. Shi Wanmei, Senior Officer of the Mineral Resources Department, Sumitomo Corporation China.
From China Risun Group, the participants included:
Mr. Gao Xuege, Chairman and General Manager of China Risun Group's Indonesia Industrial Park,
Mr. Zhang Li, General Manager of the Capital Markets Department of China Risun Group, General Manager of China Risun International, and Chief Representative of the China Risun Hong Kong Representative Office,
Mr. Jiao Yong, Executive Deputy General Manager of the International Business Division of China Risun International,
Ms. Li Xuexin, Deputy General Manager of the International Business Division of China Risun International,
Ms. Zeng Liumei, Regional Manager of the Coke Import and Export Department of the International Business Division of China Risun International.
Together, they participated in the bilateral meeting and signing ceremony.
The two parties reviewed the progress of their strategic cooperation since 2015. Over the past decade, the cumulative volume of coke business between the two sides has reached 3 million metric tons. Notably, in the past five years alone, the cooperation volume has surged to 2 million metric tons, accounting for 67% of the total over the decade.
Meanwhile, China Risun's coke exports to the Japanese and Malaysian markets via Sumitomo have steadily increased year by year. The two parties have established a systematic cooperation framework comprising two supply bases—China Risun's plants in China and Indonesia—and three sales destinations—Sumitomo's operations in Japan, Malaysia, and Brazil.
Beyond coke sales, the two companies have also built a comprehensive service system for downstream clients through long-term collaboration.
The signing of this 2025–2026 cross-year long-term coke sales agreement is grounded in existing business while oriented toward new opportunities. It not only sets clear objectives and direction for next year's cooperation but also lays a solid foundation and enriches the substance for the deepening and expansion of their long-term strategic partnership.
