China Qinfa (00866.HK) plans to sell a subsidiary company engaged in the Chinese coal industry for 30 million yuan.

By the financial news mobile app, China Qin Fa (00866.HK) announced that on June 5, 2025, the company's wholly-owned subsidiary, Hong Kong Qin Fa International Trading Limited, plans to sell all the issued share capital of Perpetual Goodluck Limited to Tinwo Group Limited for a consideration of 30 million yuan.