Shandong Xinchao Energy faces delisting threat amid regulatory probe

Shandong Xinchao Energy Corporation faces potential delisting after failing to disclose its 2024 annual report, resulting in a regulatory investigation.

The company's ownership structure has shifted dramatically, with Inner Mongolia Yitai Coal now controlling 50.10% of shares following a tender offer.

An extraordinary general meeting on July 24, 2025, will vote on early re-election of both the board of directors and supervisory committee amid the corporate upheaval.