Tianan Coal updates on convertible bond conversions and share repurchase

As of September 30, 2025, Pingdingshan Tianan Coal Mining's "Pingmei Convertible Bonds" saw RMB 1,472,427,000 converted into 162,527,498 shares, representing 7.02% of the total issued shares before conversion. RMB 1,427,573,000 of the convertible bonds, or 49.22% of the total issuance, remain unconverted. In the third quarter of 2025, RMB 25,000 of bonds were converted into 3,320 shares.

Separately, the company completed its share repurchase program on October 9, 2025, buying back 103,773,109 shares, equivalent to 4.20% of its total share capital. The repurchase was conducted at prices ranging from RMB 7.51/share to RMB 10.70/share, totaling RMB 999,730,634.96. These repurchased shares are intended for employee stock ownership plans or equity incentives.

Following these activities, the company's total share capital as of September 30, 2025, stands at 2,469,357,013 shares. The controlling shareholder, China Pingmei Shenma Holding Group Co., Ltd., maintained its stake, with its shareholding proportion slightly increasing due to the reduced total share capital.