FilingReader Intelligence

Shanxi Xishan projects $160m increase in related transactions

February 20, 2025 at 10:58 AM UTCBy FilingReader AI

** Shanxi Xishan Coal & Electricity Power (SZSE:000983) anticipates a surge in daily related-party transactions for 2025, projecting a total value of 1,125.73 million yuan ($160 million USD), up from 941 million yuan in 2024. The transactions primarily involve procurement and sales of raw materials and finished goods, alongside labor services, with key counterparties including Shanxi Coal & Electricity Group and its subsidiaries. The increase reflects the need to support daily production and operations. A shareholder vote is scheduled for March 11th. In 2024, total transactions came in below earlier forecasts as coal prices dropped.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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