China Qinfa (00866) is expected to commence construction activities on the TSE coal mine in the first quarter of 2026.

Wisdom Financial APP news, China Qinfa (00866) announced that the company is pleased to announce the latest progress of coal mining development by its wholly-owned subsidiary PT Trisula Sumber Energi (TSE) in South Kalimantan, Indonesia. The TSE coal mine is located in the northern part of Kotabaru Regency, South Kalimantan Province, Indonesia, at the eastern foothills of the Meratus Mountains. The mining concession area covers 168 square kilometers, including parts of Kelumpang Hulu and Kelumpang Barat. The mining business license (number: 03/1/IUP/PMA/2024) is valid for ten years until May 14, 2034, and can be extended for another ten years.