CHINA COAL (01898.HK): Parent raises stake by 1,943,927 A shares
- The plan targets a total consideration of at least RMB 50 million and at most RMB 100 million, running until 20 July 2027.
- Before the purchases, China National Coal and concert party China Coal Energy Hong Kong held a combined 7,747,873,208 shares, or 58.44% of total share capital.
NewTimeSpace News: On 22 October 2026, China Coal Energy Company Limited (stock code: 01898) published an overseas regulatory announcement reprinting its controlling shareholder's progress: China National Coal Group Corporation bought 1,943,927 A shares through centralised bidding on the Shanghai Stock Exchange between 20 July and 22 October 2026, equal to about 0.0147% of total share capital, for RMB 28,994,891.87 excluding commissions and taxes.
The plan, disclosed on 20 July 2026, runs to 20 July 2027 with a total consideration of RMB 50 million to RMB 100 million and a cap of 2% of total share capital, funded by own or self-raised capital. Before the purchases, China National Coal held 7,615,522,208 shares (57.44%), which with 132,351,000 shares (1.00%) held by its wholly-owned subsidiary China Coal Energy Hong Kong Company Limited totalled 7,747,873,208 shares, or 58.44%. The purchases will not change the controlling shareholder.
