Yankuang Energy Group's overseas holding subsidiary Shaelf companys stock conversion listing section

Yankuang Energy Group (01171) announced that on March 1, 2024, the company signed a share purchase agreement with Shareholder Value Management Aktiengesellschaft and 11 other parties, to acquire a total of 2.9075 million shares of SMT Scharf AG ("Scharf Company") held by the selling parties for approximately 32.1695 million euros in cash. The transfer of the target shares to the company was completed on September 19, 2024. In order to enhance the stock value and liquidity of Scharf Company, the company transferred its shares from the Frankfurt Stock Exchange quotation board to the regulated high-level market trading ("Listing Board Conversion"). This listing board conversion does not involve the issuance of Scharf Company's shares and will not result in any changes to the company's holding amount and shareholding ratio of Scharf Company's shares. Scharf Company obtained approval from the German Federal Financial Supervisory Authority for the listing board conversion on September 20, 2024. On September 24, 2024, approved by the Frankfurt Stock Exchange, Scharf Company's shares were officially transferred to the Frankfurt Stock Exchange's regulated high-level market trading, with the stock code S4AA. After the completion of the listing board conversion, Scharf Company's shares will be traded on the regulated high-level market of the Frankfurt Stock Exchange and the M: accsess division of the Munich Stock Exchange.