Securities Code: 000983 Securities Abbreviation: Shanxi Coking Coal Announcement No.: 2026-001 Shanxi Coking Coal Energy Group Co., Ltd. Announcement on the Lifting of Lock-up for Additional Shares Issued in Connection with the Acquisition of Assets by Issuing Shares and Paying Cash and Raising Supporting Funds and Connected Transactions The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions. Special Notice:
- The number of shares to be released from lock-up by Shanxi Coking Coal Energy Group Co., Ltd. (hereinafter referred to as the "Company," "Listed Company," or "Shanxi Coking Coal") is 1,036,858,280 shares, accounting for 18.26% of the Company's total share capital.
- The shares to be released from lock-up will be available for trading on January 20, 2026. I. Basic Situation of Shares to be Released from Lock-up The type of shares to be released from lock-up is the additional shares issued by Shanxi Coking Coal in connection with the acquisition of assets by issuing shares and paying cash and raising supporting funds and connected transactions (hereinafter referred to as "this Restructuring"), which are subject to lock-up restrictions. (I) Approval Status On December 28, 2022, the China Securities Regulatory Commission issued the "Approval on Shanxi Coking Coal Energy Group Co., Ltd.'s Issuance of Shares to Shanxi Coking Coal Group Co., Ltd. and Others to Acquire Assets and Raise Supporting Funds" (Securities Regulatory Permit (2022) No. 3240), approving Shanxi Coking Coal's acquisition of 51% equity of Huajin Coking Coal, which survived the spin-off, held by Shanxi Coking Coal Group Co., Ltd., and the acquisition of 49% equity of Mingzhu Coal Industry held by Li Jinyu and Gao Jianping through the issuance of shares and payment of cash, and not publicly issuing supporting funds exceeding RMB 4.4 billion. (II) Share Registration Status The additional shares issued by Shanxi Coking Coal in connection with this Restructuring for asset acquisition through share issuance and cash payment were registered on January 12, 2023, at China Securities Depository and Clearing Corporation Limited Shenzhen Branch. The total number of newly registered shares is 1,106,403,128 shares (tradable shares with lock-up conditions), and the listing date is January 20, 2023. The additional shares issued by Shanxi Coking Coal in connection with this Restructuring for raising supporting funds were registered on May 4, 2023, at China Securities Depository and Clearing Corporation Limited Shenzhen Branch. The total number of newly registered shares is 474,137,931 shares (tradable shares with lock-up conditions), and the listing date is May 15, 2023. (III) Lock-up Period Arrangements The lock-up period arrangements for the shares to be released from lock-up are as follows: | Serial Number | Name of Issuance Recipient | Number of Shares (Shares) | Lock-up Period | |---|---|---|---| | 1 | Shanxi Coking Coal Group Co., Ltd. | 1,036,858,280 | 36 months | II. Changes in the Company's Share Capital Since the Formation of Restricted Shares The changes in the Company's total share capital after the formation of restricted shares are as follows: Shanxi Coking Coal raised supporting funds of RMB 4,399,999,999.68 through the non-public issuance of shares in this Restructuring, with a newly issued share quantity of 474,137,931 shares at an issuance price of RMB 9.28 per share. The listing date for these newly issued shares from the raised supporting funds is May 15, 2023. After this issuance, Shanxi Coking Coal's total share capital increased to 5,677,101,059 shares. As of the disclosure date of this announcement, Shanxi Coking Coal's total share capital is 5,677,101,059 shares. III. Commitment Fulfillment by Shareholders Applying for Share Lock-up Release (I) Commitments Made by the Shareholder Applying for Lock-up Release of Shares The shareholder applying for the release of shares from lock-up is Shanxi Coking Coal Group Co., Ltd. The commitments made by the above shareholder regarding the lock-up of newly issued shares in this Restructuring are as follows: | Commitment Type | Commitment Content | Lock-up Period | Fulfillment Status | |---|---|---|---| | Share Lock-up Commitment | Shanxi Coking Coal Group Co., Ltd. (hereinafter referred to as "Coking Coal Group") shall not transfer the shares of the l