Gelonghui, May 13丨Antai Group (600408.SH) announced that in order to actively respond to the risk of fluctuations in the coking market and strive to improve operations through flexible business models. Through market research and understanding, the coking industry in the surrounding area has cooperation models such as contracting and contract processing. Therefore, after discussions with the customer Xiangfen County Changshengping Coal Co., Ltd. (“Changshengping Company”), which has already carried out the above cooperation model and is willing to cooperate, the two sides reached an entrustment processing agreement, that is, the company accepted Changping Company's coal processing contract. The company's coke ovens process and produce coke for it. Ownership of the coke commissioned and produced and the waste gas generated at the same time belongs to Changshengping Company, and the company charges the corresponding contract processing fees. Since waste gas still needs to be reprocessed and Changshengping Company has no processing capacity, it agreed to resell waste gas locally to Shanxi Hongan Coking Technology Co., Ltd. (“Hongan Coking” for short), a wholly-owned subsidiary of the Company.