Shanxi Coal International board approves 2026 related party transactions

Shanxi Coal International Energy Group Co., Ltd. has approved its estimated recurring related party transactions for 2026. The Eighth Board of Directors’ Thirty-Sixth Meeting, held on December 15, 2025, resolved to approve these transactions, with related parties abstaining from the vote. The independent directors' special meeting also unanimously approved the proposal, deeming it essential for normal operations, fair in pricing, and without adverse effects on the company's financials or independence.

The total estimated related party transactions for 2026 amount to yuan 207.05 million, a decrease from the yuan 264.5 million estimated for 2025. This includes projected purchases of yuan 25.3 million, sales of yuan 100 million, and received services of yuan 64.45 million. Additionally, related financing activities with Shanxi Coal International Energy Group Finance Co., Ltd. are capped at a daily balance of yuan 800 million for both deposits and loans, with other financial services at yuan 100 million.

The proposal will be submitted for shareholder approval at the Fourth Interim Shareholders' Meeting of 2025, scheduled for December 31, 2025. Key related parties include Shanxi Coal International Energy Group Co., Ltd., Shanxi Coal International Energy Group Coal Coke Sales Co., Ltd., and Xishan Coal and Electricity (Group) Co., Ltd., all part of the same group company or its parent.