Cinda International maintains substantial Yancoal Australia holding despite internal transfers

Cinda International HGB Investment (UK) Limited has informed Yancoal Australia Limited of a change in interests, though its substantial holding remains at 7.69% of ordinary shares, representing 101,601,082 votes. This notification, dated September 10, 2025, follows a previous notice from June 28, 2024.

The change in relevant interests, dated September 4, 2025, resulted from a gratuitous transfer under a "Reform Plan" within Chinese state institutions. Central Huijin Investment Ltd. acquired 22,137,239,084 shares in China Cinda Asset Management Co., Ltd. from the Ministry of Finance, with China Investment Corporation indirectly acquiring the same. This transfer involved no financial consideration ($0).

As a result, the Ministry of Finance ceased to be an associate of the substantial holder, while Central Huijin Investment Ltd. and China Investment Corporation became associates. The various entities within the Cinda International group, including Cinda International HGB Investment (UK) Limited, maintain a relevant interest in Yancoal Australia Limited, with the power to control the exercise of voting or disposal of the securities.