Pingdingshan Tianan Coal Mining's controlling shareholder undergoes strategic reorganization

On September 25, 2025, Pingdingshan Tianan Coal Mining Co., Ltd. ("the company") received notification from its controlling shareholder, China Pingmei Shenma Holding Group Co., Ltd. ("the group"), regarding a strategic reorganization. The Henan Provincial Party Committee and Government have decided to implement a strategic reorganization involving Henan Energy Group Co., Ltd. and China Pingmei Shenma Holding Group Co., Ltd.

As of September 20, 2025, the group and its concerted parties hold 1,151,273,546 shares, representing 46.62% of the company's total shares. The company clarified that this reorganization will not have a significant impact on its production and operations.

Pingdingshan Tianan Coal Mining's actual controller remains the Henan Provincial State-owned Assets Supervision and Administration Commission, and there will be no change in the company's control. The company will closely monitor the progress of this matter and fulfill its information disclosure obligations in a timely manner.