Huaibei Mining Holdings receives AAA credit rating

Huaibei Mining Holdings Co has been assigned an AAA credit rating with a stable outlook by China Chengxin International Credit Rating Co. The rating is valid until August 13, 2026.

The top-tier rating reflects the company's diverse coal types, strong resource endowments, and robust profitability. The report highlights strong operational capabilities, significant external support from controlling shareholder Huaibei Mining Group, and stable financial performance with continuously reduced financial leverage.

Challenges noted include coal price fluctuations and complex geological conditions increasing safety management difficulties.