Chinese National Energy (02399.HK): Chairman Guo Jianxin's stake was forcibly sold due to financing arrangements during the lock-up period.

Zhixin Finance APP News, China Coal Energy (02399.HK) announced that the Board of Directors of the company received notification from Mr. Guo Jianxin, the Chairman of the Board and Executive Director, that due to a financing arrangement, the lender will be forced to sell 100,000 shares of the company held by Baoyong Limited (a company fully owned by Mr. Guo and his spouse) on the market on July 30, 2025. This is equivalent to approximately 0.003% of the total issued share capital of the company as of the date of this announcement. As a result of the sale, Mr. Guo's beneficial ownership of the company's shares decreased from approximately 2.294% as of July 28, 2025 (the date immediately preceding the commencement of the closed period (defined below)) to approximately 2.291% of the total issued share capital of the company as of the date of this announcement.