Announcement Number: 2025-049
Stock Code: 000983 Stock Abbreviation: Shanxi Coal and Coke Announcement Number: 2025-049
Shanxi Coal and Coke Energy Group Co., Ltd.
Announcement on Projected Related Party Transactions for 2026
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
I. Basic Information on Related Party Transactions
(I) Overview of Related Party Transactions
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To meet the needs of daily production and operation, Shanxi Coal and Coke Energy Group Co., Ltd. (hereinafter referred to as the "Company") will engage in daily related party transactions with affiliated enterprises such as Shanxi Coal and Coke Group Co., Ltd. (hereinafter referred to as "Coal and Coke Group") and Shanxi Xishan Coal and Electricity Power (Group) Co., Ltd. (hereinafter referred to as "Xishan Coal and Coke"), involving the procurement of raw materials and finished products, sales of raw materials and finished products, provision of labor services, and receipt of labor services from related parties. From January to November 2025, the Company had RMB 6.27614 billion in daily related party transactions with the aforementioned related parties. The projected total related party transactions for 2026 are RMB 9.68008 billion (the value-added tax taxable items involved below are all tax-exclusive prices).
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On December 11, 2025, the Company held the 16th meeting of the 9th Board of Directors, which reviewed and approved the "Proposal on the Projected Related Party Transactions for 2026." Related directors Wang Qiang, Hu Wenqiang, Fan Dahong, Wang Huiling, Jiao Yuqiang, and Meng Qi abstained from voting on this proposal. The independent directors with voting rights unanimously approved this proposal. The proposal has been reviewed and approved by the Company's special committee of independent directors, and all independent directors have agreed to this proposal.
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The proposal needs to be submitted for review at the third extraordinary general meeting of shareholders in 2025.
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As the controlling shareholder of the Company, Coal and Coke Group will abstain from voting on the related party transaction proposal at the shareholders' meeting.