Huaibei Mining parent continues share increase plan

Huaibei Mining Holdings (SSE:600985) announced that its controlling shareholder, Huaibei Mining Group, has continued to increase its holdings in the company. From December 6, 2024, to April 8, 2025, Huaibei Mining Group acquired 14,854,991 A shares through the Shanghai Stock Exchange's trading system, representing approximately 0.55% of the company's total share capital. The total value of the increase amounted to CNY202,160,953.83 (excluding transaction costs). Following these transactions, Huaibei Mining Group's total holdings increased to 1,617,890,286 shares, or 60.07% of Huaibei Mining Holdings. The Group has stated that it may continue to increase its holdings, as previously announced, with an intended total investment between CNY300 million and CNY500 million.