Yankuang Energy (01171) saw its shares rise more than 4% during morning trading. As of the time of writing, the stock was up 4.36%, trading at HKD 11.74, with a turnover of HKD 59.195 million.

On February 1, Yankuang Energy announced that its wholly-owned subsidiary, Yankuang Energy (Ordos) Co., Ltd., plans to publicly list the transfer of a 100% equity stake in Inner Mongolia Xintai Coal Co., Ltd. (Xintai Coal) on the Shandong Property Exchange.

The equity listing period is set from December 30, 2025, to January 27, 2026, with a minimum listed price of RMB 670 million.

By the end of the listing period, more than two potential buyers had expressed interest. Following the property exchange rules, the Shandong Property Exchange organized an online auction on January 30, 2026.

The online bidding system recorded a highest bid of RMB 3.05 billion.

According to the transaction rules, the Shandong Property Exchange will issue a Result Notification based on the auction outcome in the coming days.

Following the conclusion of the online auction, the transferor and the winning bidder are required to sign an Equity Transaction Contract.

As of the date of this announcement, the Shandong Property Exchange has not yet issued the Result Notification for this equity listing, and the transferor and the transferee have not signed the Equity Transaction Contract.