Yankuang Energy Group (01171) plans to transfer 100% equity of Inner Mongolia Xintai Coal.

date
19:08 01/02/2026
avatar
GMT Eight
Yancoal Energy (01171) announced that its wholly-owned subsidiary, Yancoal Energy (Ordos) Limited, has publicly listed Inner Mongolia Xintai Coal Co., Ltd. (Xintai Coal) on the Shandong Property Rights Exchange Center for the transfer of 100% equity.
Yankuang Energy Group (01171) announced that its wholly-owned subsidiary, Yankuang Energy Group (Inner Mongolia ERDOS Resources) Co., Ltd., has openly listed the transfer of 100% equity of Inner Mongolia Xintai Coal Co., Ltd. (Xintai Coal) on the Shandong Property Exchange Center. The equity listing period is from December 30, 2025 to January 27, 2026. The minimum price for this equity listing is RMB 670 million. At the end of the listing period mentioned above, there were more than two intended transferees. According to the property trading rules, the Shandong Property Exchange Center organized an online bidding on January 30, 2026. The highest bid shown in the online bidding trading system was RMB 3.05 billion. According to the property trading rules, the Shandong Property Exchange Center will issue a "Notification of Results" based on the bidding results in the near future. The transferor and the transferee should sign a "Property Trading Contract" after the online bidding ends. As of the date of this announcement, the Shandong Property Exchange Center has not issued the "Notification of Results" for this equity listing; the transferor and the transferee have not signed the "Property Trading Contract" yet.