Shanxi Luan Environmental Energy Dev.Co.,Ltd (601699.SH) plans to establish a wholly-owned subsidiary as the specialized implementation body for the Shangma Coal Mine project.

date
15:46 09/09/2026
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GMT Eight
Lu'an Environmental Energy (601699.SH) announced that in order to coordinate and promote the handling of various procedures, engineering construction, and other work related to the Shama Coal Mine project, ensuring the project's early implementation, early commencement, and early results, the company plans to establish a wholly-owned subsidiary, Shanxi Lu'an Environmental Energy Shama Coal Industry Co., Ltd. (provisional name), as the special implementation entity for the Shama Coal Mine project, with a registered capital of 100 million RMB. Subsequently, the registered capital scale may be adjusted in a timely manner in accordance with national regulatory requirements and the actual progress of the project, following the Articles of Association and related decision-making processes.
Shanxi Lu'an Environmental Energy Dev. Co., Ltd (601699.SH) announced that in order to coordinate and advance various procedures for the implementation of the Shangma Coal Mine project, including construction work, and to ensure the project's early launch, early commencement, and early results, the company plans to establish a wholly-owned subsidiary, Shanxi Lu'an Environmental Energy Dev. Co., Ltd Shangma Coal Industry Co., Ltd (provisional name), as the specific implementation body for the Shangma Coal Mine project. The registered capital will be RMB 100 million, and in the future, the registered capital scale may be adjusted in a timely manner based on national regulatory requirements and the actual progress of the project, in accordance with the Company's Articles of Association and relevant decision-making procedures.