CHINA SANJIANG (02198) entered into a purchase agreement for condensate water and other materials with Zhejiang Jiahua Energy Chemical Industry.

CHINA SANJIANG (02198) announced that on December 29, 2025, the company (including its subsidiaries) entered into a condensate water and other materials purchase agreement with Zhejiang Jiahua Energy Chemical Industry (including its subsidiaries) to regulate the relationship between suppliers and customers. According to the ammonia purchase agreement, the company (including its subsidiaries) has agreed to supply ammonia to Zhejiang Jiahua Energy Chemical Industry (including its subsidiaries) from January 1, 2026 to December 31, 2026. Ammonia is a by-product generated during the production process. Since Zhejiang Jiahua Energy Chemical Industry (including its subsidiaries) and the company (including its subsidiaries) are located in the same economic and technological development zone, they are cooperating in a non-exclusive manner to create new avenues for selling ammonia to the company (including its subsidiaries). Due to the proximity of the group's production base to Jiahua Energy Chemical Industry (including its subsidiaries), it is possible to reduce transportation costs for supplying ammonia to Jiahua Energy Chemical Industry (including its subsidiaries). For these reasons, the group and Jiahua Energy Chemical Industry (including its subsidiaries) have entered into an ammonia purchase agreement.