Yankuang Energy plans H-share repurchase, capital reduction

Yankuang Energy Group Company Limited will proceed with an H-share repurchase plan, following approval at its 2024 annual general meeting on May 30, 2025. This repurchase is authorized under a general mandate allowing the board to acquire up to 10% of the aggregate nominal value of H shares in issue (excluding treasury shares) as of the resolution date. The board further approved a "Proposal on the Repurchase of H Shares of the Company pursuant to the General Mandate" on August 29, 2025.

The company plans to repurchase H shares with a total value ranging from 150m yuan to 400m yuan. These repurchased shares will be cancelled within ten days of acquisition to reduce the company's registered capital. As this initiative involves a capital reduction, the company is notifying its creditors in accordance with PRC laws and regulations.

Creditors are invited to submit claims for settlement or guarantees within 45 days from the announcement date. Claims must be accompanied by valid documents proving creditor's rights and relevant supporting evidence. Submissions can be sent by mail to 949 South Fushan Road, Zoucheng, Shandong Province (Postal code: 273500), marked “Claim for Creditor's Rights,” or by fax to 0537-5383311, also marked appropriately. For inquiries, creditors can contact 0537-5384231.