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Shanxi Coking Coal announces interim dividend, subsidiary guarantee, and tech hub

August 27, 2025 at 02:00 PM UTCBy FilingReader AI

Shanxi Coking Coal's board approved an interim cash dividend of RMB 0.36 per 10 shares, totaling RMB 204,375,638.12. This distribution represents 20.16% of the 2025 interim consolidated net profit attributable to shareholders, aligning with the company's "Quality Returns Double Improvement" action plan.

Separately, the company updated a guarantee for its subsidiary, Shanxi Xishan Huatong Cement Co., Ltd. The revised guarantee is for up to RMB 300 million for a maximum term of 5 years, for financing to supplement working capital or fund projects, secured by its fixed assets.

The board also approved a risk assessment report for financial services with Shanxi Coking Coal Group Finance Co., Ltd., confirming all regulatory metrics were met, with a liquidity ratio of 45.97% and a capital adequacy ratio of 16.97%. Furthermore, the company established an "Intelligent Future Research Center" to enhance technological innovation in mining, reflecting its commitment to smart operations and long-term strategic development.

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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