Yitai Coal invests 2bn yuan in PE fund, reports Q3 decline

Inner Mongolia Yitai Coal Co., Ltd. is investing 2 billion yuan of its own funds into Inner Mongolia Cainuo Guangying No. 2 Private Equity Investment Center (Limited Partnership), a newly established private equity fund. This investment represents 66.66% of the fund’s total committed capital of 3 billion yuan. Other partners include Inner Mongolia Mengxin Guochuang Private Equity Fund Management Co., Ltd. and Inner Mongolia Film Group Co., Ltd., each contributing 500 million yuan. The fund, primarily investing in technology and electronic equipment, anticipates a five-year investment period.

The company held an earnings call on November 6, 2025, to discuss its Q3 2025 financial performance. For the first three quarters of 2025, Yitai Coal reported operating income of 30.535 billion yuan and a net profit of 4.373 billion yuan. This reflects a decline in net profit year-over-year due to a soft coal market and falling coal prices.

The company also addressed its 50.1% stake in Xinchao Energy, affirming its commitment to fulfilling its responsibilities as the controlling shareholder. Shareholder returns will be determined by considering annual performance, future strategies, operational needs, project developments, and R&D.