Yankuang Energy Group Moves to Sell Xintai Coal Subsidiary via Public Tender

Reuters02-01
<a href="https://laohu8.com/S/YZCAY">Yankuang Energy</a> Group Moves to Sell Xintai Coal Subsidiary via Public Tender

Yankuang Energy Group is proceeding with the transfer of its entire equity interest in Inner Mongolia Xintai Coal Company Limited, held through its wholly-owned subsidiary Yankuang Energy (Ordos) Company Limited. The equity was listed for public tender on the Shandong Property Right Exchange Center. The company noted that the completion of the transaction remains subject to certain uncertainties, including the qualifications of the eventual transferee and potential challenges related to the handover of custodianship, as Xintai Coal's operations are currently managed by a third party. The potential impact on the group's net profit for 2026 has not been determined, as the outcome of the transaction is still uncertain.

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