Shan Xi Hua Yang Group New Energy (600348.SH): Yujiazhuang Coal Mine obtains mining license and real estate ownership certificate (mining rights)

Shan Xi Hua Yang Group New Energy (600348.SH) announced that recently, the company received the "Mining License of the People's Republic of China," the "Real Estate Ownership Certificate of the People's Republic of China (Mining Rights)," and related approval notices for the Yujiazhuang Coal Mine issued by the Shanxi Provincial Department of Natural Resources. The acquisition of the mining license and the real estate ownership certificate (mining rights) for the Yujiazhuang Coal Mine marks the formal completion of the conversion from exploration rights to mining rights for the Yujiazhuang block that the company previously won through bidding, with the confirmation and registration of mining rights now in place, providing a lawful ownership basis for mining. This matter effectively increases the company's coal resource reserves, further enhances the company's resource guarantee capacity and core competitiveness, and is of major positive significance to the long-term sustainable development of the company's core coal business.