Xinji Energy shareholder pledges more stock for capital needs

Anhui Xinji Coal & Power (Group) Co., Ltd., a major shareholder of China Coal Xinji Energy Co., Ltd. with 7.18% of the company's total share capital, announced a new stock pledge. On November 4, 2025, Xinji Coal & Power pledged an additional 19,450,000 unrestricted circulating shares, representing 10.46% of its total holdings and 0.75% of the company's total share capital. This transaction was a stock pledge repurchase business with Huainan Tongshang Rural Commercial Bank Co., Ltd.

Following this latest pledge, Xinji Coal & Power's cumulative pledged shares now total 92,150,000, accounting for 49.57% of its total shareholding and 3.56% of China Coal Xinji Energy's total share capital. The financing obtained through this pledge is for the shareholder's own capital needs.

China Coal Xinji Energy emphasizes that these pledged shares are not intended for performance compensation in major asset restructuring or other guarantee purposes. The company will continue to monitor the status of its share pledges and associated risks, adhering to relevant regulations and ensuring timely information disclosure to investors.