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

Reuters
2026.02.01 10:06
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Yankuang Energy Group is selling its entire equity interest in Inner Mongolia Xintai Coal Company Limited through a public tender on the Shandong Property Right Exchange Center. The transaction's completion is uncertain due to potential challenges, including the qualifications of the transferee and the management of Xintai Coal's operations by a third party. The impact on the group's net profit for 2026 remains undetermined as the outcome is still uncertain.