China Coal Energy (01898) has announced the reappointment of its auditor. During the selection process, the company's Audit and Risk Management Committee thoroughly evaluated Ernst & Young Hua Ming's professional qualifications, personnel details, business scale, service experience, investor protection capacity, independence, and integrity records. The committee also held extensive discussions with the firm through interviews.

The Audit and Risk Management Committee concluded that Ernst & Young Hua Ming possesses a strong understanding of the company and its industry's operational characteristics. The committee noted that the audit work for the 2025 fiscal year played a positive role in ensuring the quality of the company's financial accounting information and advancing corporate governance. Ernst & Young Hua Ming's professional competence, investor protection capabilities, independence, and integrity were deemed sufficient to meet the requirements of relevant laws and regulations, as well as the company's practical needs.

Reappointing Ernst & Young Hua Ming as the auditor for the interim financial report review and annual financial report audit under the Chinese Accounting Standards for Business Enterprises for the 2026 fiscal year is considered beneficial for maintaining the continuity and stability of the audit work, thereby ensuring both audit quality and efficiency.