Yunnan Coal & Energy to Shut Down Loss-Making Coking Subsidiary
Yunnan Coal & Energy (SHA:600792) will implement an economic shutdown of its wholly-owned subsidiary Shizong Coal Coking Chemical due to persistent losses from coal-coke price inversion.Shizong Coal Coking Chemical reported a net loss of 216 million yuan in 2025, according to a Tuesday filing on the Shanghai bourse.The shutdown follows the earlier closure of the No. 2 coke oven in May.Shares of the coal chemical manufacturer climbed 1% in recent trade.