Guizhou Panjiang Refined Coal Co LtdBecomes part of concert party holding 13.11%, becoming largest shareholder group
Huachuang Yunxin announced that Guizhou Financial Holdings acquired a 5% stake in the company from Kweichow Moutai Group and other Guizhou provincial state-owned enterprises through block trades, and signed a concert party agreement with Logistics Group and Panjiang Coal and Electric Power, bringing their combined holding to 13.11% and making them the company's largest shareholder. After this equity change, Guizhou Financial Holdings and its concert parties hold a total of 290 million shares, of which Logistics Group holds 108 million shares and Panjiang Coal and Electric Power holds 72 million shares. Although the largest shareholder has changed, the company still has no controlling shareholder and no actual controller, because the gap between the largest and second-largest shareholders is small, and Guizhou Financial Holdings and its concert parties have not nominated any directors. In addition, the company's previously disclosed half-year earnings forecast shows that net profit attributable to shareholders of the listed company for the first half of 2026 is expected to be between 220 million and 245 million yuan, an increase of 179% to 211% year on year.
Guizhou Panjiang Refined Coal Co LtdBecomes part of concert party holding 13.11%, becoming largest shareholder group
Kweichow Moutai Co LtdSells 5% stake, reducing its holding
Polaris Bay Group Co LtdAcquires 5% stake and becomes largest shareholder via concert party
Joins concert party, increasing its stake to 108 million shares