Xinji Energy shareholder releases significant portion of pledged holdings

China Coal Xinji Energy Co., Ltd. (Xinji Energy) announced that its significant shareholder, Anhui Xinji Coal & Electricity (Group) Co., Ltd. (Xinji Coal & Electricity), has released a pledge on 19,450,000 shares of the company. This represents 10.46% of Xinji Coal & Electricity's total holdings and 0.75% of Xinji Energy's total share capital. The shares, previously pledged to Huainan Tongshang Rural Commercial Bank Co., Ltd., completed the release of pledge registration on October 28, 2025.

Following this transaction, Xinji Coal & Electricity now has 72,700,000 shares remaining under pledge, which accounts for 39.11% of its total holdings in Xinji Energy and 2.81% of Xinji Energy's total share capital. As of the announcement date, Xinji Coal & Electricity holds 185,902,860 shares in Xinji Energy, representing 7.18% of the company's total share capital.

Xinji Energy stated that Xinji Coal & Electricity would determine whether to pledge more shares based on future funding needs and will fulfill its disclosure obligations as required by relevant laws and regulations. The company also advised investors to pay attention to potential investment risks.