Yankuang Energy gets shareholder support, vows stability

Yankuang Energy Group Co., Ltd. (SSE:600188) announced that its controlling shareholder, Shandong Energy Group, committed to supporting the listed company's high-quality development. Shandong Energy pledged not to reduce its holdings in Yankuang Energy within 12 months. Shandong Energy also plans to increase its holdings in Yankuang Energy shares within 12 months. In addition, Shandong Energy will continue to inject high-quality assets into Yankuang Energy to enhance the company's core competitiveness. The board of directors of Yankuang Energy will supervise Shandong Energy to strictly abide by the above commitments and fulfill relevant information disclosure obligations in a timely manner.