Shanxi Coking forecasts 2026 related party transactions up to 7.29 bn yuan

Shanxi Coking Co., Ltd. announced its estimated related party transactions for 2026, with a projected total value of 3.446 billion to 7.29 billion yuan. These transactions, primarily with Shanxi Coking Coal Group Co., Ltd. and its subsidiaries, involve the procurement of raw materials such as coal, coal tar, and crude benzene, and the sale of products. The company anticipates raw material coal prices to range from 900-1600 yuan per ton. These routine transactions are expected to stabilize raw material supply, optimize procurement channels, expand sales, improve cash collection, and enhance financial management.

The board of directors approved the 2026 related party transaction estimates at its 27th meeting of the 9th Board of Directors on December 15, 2025, with three independent directors voting in favor and six related directors abstaining. The proposal will be submitted to a shareholders’ meeting for final approval. The company will convene its third extraordinary general meeting of shareholders for 2025 on December 31, 2025, with the equity record date set for December 24, 2025.

For the period from January to November 2025, actual related party transactions for raw material procurement, product sales, and services amounted to 3.791 billion yuan. Additionally, the daily balance of deposits and loans with Shanxi Coking Coal Group Finance Co., Ltd. remained within the specified limits of 30 billion yuan each, with no other financial activities exceeding 1 billion yuan.