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