Shanxi Coal International overhauls governance, reports strong Q2 coal production

Shanxi Coal International Energy Group announced major revisions to its Articles of Association, including the abolition of the supervisory board, with its functions to be transferred to the audit committee. These changes align with the new Company Law and China Securities Regulatory Commission guidelines and will be submitted for shareholder approval at an extraordinary general meeting on September 16, 2025. This governance update is part of a broader initiative to optimize the organizational structure and enhance management efficiency.

The company reported strong Q2 2025 operating results, with raw coal production increasing by 11.04% year-on-year to 8.73m tonnes. Coal sales revenue decreased by 33.78% to yuan 500,147.78, while gross profit fell by 43.02% to yuan 150,740.27. Despite market pressures, Shanxi Coal maintained its focus on quality, cost control, and strategic market expansion, successfully increasing self-produced coal sales to 10.34m tonnes.

Furthermore, Shanxi Coal International reiterated its commitment to shareholder returns, distributing yuan 1,367,894,736.60 in cash dividends for 2024, representing 60.30% of its consolidated net profit. The company's financial arm demonstrated sound financial health with a capital adequacy ratio of 16.97% and a liquidity ratio of 45.97% as of June 30, 2025.