Anyuan Coal integrates coal business via subsidiary

Anyuan Coal Industry Group announced its intention to integrate its coal business through its wholly-owned subsidiary, Jiangxi Coal Industry Group Co., Ltd. The move aims to facilitate the transfer of assets out of the company for a proposed major asset restructuring. The assets being integrated include 100% equity holdings in Jiangxi Jiangneng Materials & Trade Co., Ltd., Jiangxi Coal Industry Sales Co., Ltd., Jiangxi Coal Industry Material Supply Co., Ltd., 45% equity stake in Fengcheng Hong Kong China Gas Co., Ltd., and 40% equity stake in Jiangxi Fengcheng Yuanzhou Coalbed Methane Power Generation Co., Ltd., along with other related assets and liabilities. Anyuan Coal Industry will transfer these assets, liabilities, business operations, and personnel to Jiangxi Coal Industry Group. This internal restructuring is subject to shareholder approval and will not trigger a mandatory reporting obligation. The initiative was approved at the company's eighth board of directors' 28th meeting.