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Yankuang Energy (01171.HK): Transfers 100% equity of Xintai Company for 3.05 billion yuan
Yanzhou Coal Mining Company Limited (01171.HK) announced on March 6 that it has issued an insider information notice regarding the transfer of 100% equity of its wholly owned subsidiary. According to the announcement, the company’s general manager office approved the public listing and transfer of the equity of Inner Mongolia Xin Tai Coal Co., Ltd. (“Xin Tai Company”) by its subsidiary, Ordos Company, at the Shandong Property Rights Exchange Center.
Based on the valuation report issued by Beijing Zhongqi Hua Asset Appraisal Co., Ltd., the total equity value of Xin Tai Company is RMB 623.5409 million, with a listing price of RMB 670.01 million. The Shandong Property Rights Exchange Center organized an online bidding on January 30, 2026.
According to the “Result Notice” issued by the Shandong Property Rights Exchange Center for this equity transfer, the transferee is Ordos Wulan Coal (Group) Co., Ltd., with a transaction price of RMB 3,050.01 million. On March 6, 2026, the transferor, Yanzhou Energy (Ordos) Co., Ltd., and the transferee officially signed the “Property Rights Transaction Contract.”