Jiangsu Xukuang Energy (600925.SH): Its subsidiary needs to pay a mining rights transfer revenue of 513 million yuan.

Jiangsu Xukuang Energy (600925.SH) announced that its wholly-owned subsidiary, Xuzhou Kuangwu (Group) Xinjiang Tianshan Mining Co., Ltd. (referred to as "Tianshan Mining"), recently signed a "Mining Rights Transfer Contract" with the Department of Natural Resources of the Xinjiang Uygur Autonomous Region. Tianshan Mining is required to pay off the proceeds from the disposal of resources within the mining rights area by December 31, 2025. The total amount of mining rights transfer proceeds to be paid is 513 million yuan, which will be fully included in the current period's cost expenses, reducing the net profit attributable to the shareholders of the listed company by 513 million yuan. The payment will be made in seven installments. The first installment of 206 million yuan has been paid by June 30, 2026, and the remaining 307 million yuan will be paid in six installments, with each installment to be paid by June 30, 2027 to June 30, 2032.