HOPE LIFE INT (01683) signed a strategic cooperation framework agreement with Bin County Coal to jointly expand the market for coal chemical products.

HOPE LIFE INT (01683) announced that on July 11, 2025, its wholly-owned subsidiary, Hunan Zhongsa International Trade Development Co., Ltd., signed a strategic cooperation framework agreement with Bin County Coal Limited Liability Company to jointly expand the coal chemical products trading market and enhance the efficiency of the industrial chain synergy. According to the cooperation agreement, Bin County Coal will supply its self-produced coal chemical products (including but not limited to methanol, clean coal, etc.) to Zhongsa International Trade. Zhongsa International Trade will issue purchase orders to Bin County Coal based on the demand of downstream customers. The two parties will separately sign specific product sales contracts regarding products, quantities, prices, and delivery terms. In addition, the two parties can also explore trade cooperation in other areas such as coal, salt chemical industry, and building materials. As a leading large-scale energy and chemical enterprise in western China, Bin County Coal has strong capital strength, abundant coal and coal chemical resources reserves, advanced production technology, and a complete industrial chain synergy system. By introducing its high-quality coal chemical products and supply chain capabilities, the group can further enhance the comprehensive competitiveness of construction and supporting services, ensure the stability and cost-effectiveness of raw material supply for projects, and help explore downstream markets and new business growth points. Furthermore, cooperation between the two parties in trade, logistics, and industrial upgrading areas will help the group optimize its business structure, diversify operating risks, and enhance its ability to withstand market fluctuations. In the future, the two parties will actively explore deeper cooperation models, including participating in large projects together, promoting green construction, intelligent supply chains, and applications of new materials, to bring long-term value to the group and increase shareholder returns.