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SHA:601918

5 stories mentioning SHA:601918Updated just now

Every FINWIRES story that references SHA:601918, newest first.

Asia

China Coal Xinji Energy Shifts Direct Control to Anhui Co.

China Coal Xinji Energy (SHA:601918) controlling shareholder, China Coal Group, will transfer 826.8 million shares, or 31.92% of total equity, to its newly established wholly owned subsidiary, Anhui Co.The move aims to streamline equity structures, boost regional synergy and support high-quality development, according to a weekend filing with the Shanghai bourse.Upon completion, Anhui Co. will become the direct controlling shareholder, while China Coal Group remains the indirect controller.State-owned Assets Supervision and Administration Commission remains as actual controller.

SHA:601918
Asia

China Coal Xinji Energy Names New Controlling Shareholder After Gratuitous Stake Transfer

China Coal Xinji Energy (SHA:601918) named a new direct controlling shareholder after the gratuitous transfer of 31.9% of its total shares, according to a Shanghai bourse filing over the weekend.China Coal Energy Group offloaded the stake, which represented 826,840,926 shares of the company, to China Coal (Anhui) Energy.Anhui Coal became the coal producer's direct controlling shareholder, while China Coal Energy became its indirect controlling shareholder.The coal producer's shares slipped 1% during the midday trade.

SHA:601918
Asia

China Coal Xinji Energy Logs 13% Rise in H1 Coal Sales Revenue

China Coal Xinji Energy (SHA:601918) logged first-half coal sales revenue of 5.65 billion yuan, up 13% from 4.99 billion yuan from a year earlier, according to a Shanghai bourse filing on Wednesday.The coal producer sold 10.1 million tonnes of commercial coal, 7.3% higher than 9.4 million tonnes in the previous year. Commercial coal output rose 3.2% year on year to 10.3 million tonnes from 9.9 million tonnes.Power generation jumped 85% year on year to 12.3 billion kilowatt-hours from 6.67 billion kWh, with on-grid electricity up 85% to 11.62 billion kWh from 6.28 billion kWh.Shares of the coal miner closed 1% higher Wednesday.

SHA:601918
Asia

China Coal Xinji's Lu'an Coal-Fired Power Project Enters Commercial Operation

Both units of China Coal Xinji Energy's (SHA:601918) new 2×660MW ultra-supercritical coal-fired power project in China's Lu'An City, Anhui Province, have officially entered commercial operation, according to a Shenzhen Stock Exchange filing on Wednesday.The two power generation units completed their 168-hour full-load trial operations on April 30 and June 30, respectively.China Coal Xinji said emissions of particulate matter, sulfur dioxide, and nitrogen oxides at the site meet ultra-clean emission standards.The company expects the new power project to help ease peak power load pressure in Anhui Province.

SHA:601918
Asia

China Coal Xinji Energy's Stock Fluctuates By Up to 20% For Three Straight Days

China Coal Xinji Energy's (SHA:601918) stock fluctuated up to 20% over three straight trading days through June 1, according to a Tuesday filing with the Shanghai bourse.The movement constitutes an "abnormal stock trading fluctuation," the coal mining and thermal power generation company said.Shares closed 3% lower on Tuesday.

SHA:601918

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