Shanxi Coking Coal: Xing County Block Coal and Associated Bauxite Mine Project Meets the Company's Strategic Development Requirements

NightAirdropper · 2026-02-26T10:16:03+00:00

Shanxi Coking Coal responds to investors' concerns about the bidding price of Xing County coal mine, stating that the project benefits the company's competitive advantage and sustainable development, and that the mining conditions are favorable and align with strategic development requirements.

NightAirdropper

2026-02-26 10:16:03

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Securities Star News, Shanxi Coking Coal (000983) responded to investor questions on the investor relations platform on February 26.

Investor: Dear leadership, I have seen some comments online suggesting that the company’s bids for Xingxian Coal Mine and associated bauxite project are too high, causing significant financial pressure and affecting shareholder returns. How does the company view this issue? What is the internal capital rate of return (IRR) calculated for this project? Thank you.

Shanxi Coking Coal Secretary: Answer: The Xingxian block coal and associated bauxite project are adjacent to our Xiegou Coal Mine. The geological structure is simple, and the mining conditions are favorable. The company has accumulated rich mining experience. The development of the Xingxian field can leverage the technical advantages of the Xiegou Coal Mine, fully utilize the washing and selection capacity of the Xiegou coal preparation plant and the dedicated railway line for transportation, increase the company’s market share, and enhance its competitive advantage. This project aligns with the company’s strategic development requirements, ensuring sufficient reserve resources, and is conducive to sustainable development. Thank you for your attention to the company!

The above content is compiled from publicly available information by Securities Star, generated by AI algorithm (Network Information Calculation Backup 310104345710301240019), and does not constitute investment advice.

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