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Inner Mongolia Yitai Coal Co Ltd

Inner Mongolia Yitai Coal Co.,Ltd., together with its subsidiaries, engages in the production, transportation, and sale of coal in the People's Republic of China. It operates in four segments: Coal, Coal Chemical, Transportation, and Oil & Gas. The company is involved in the production and sale of coal, coal chemical, and oil and gas products. It also provides railway and road transportation services. In addition, the company is involved in design, manufacture, and installation of special equipment; municipal public facilities management; engineering equipment maintenance; biochemical engineering; international trade; railway investment; new energy; coal and oil testing; fund investment and management; investment management; commercial factoring; energy management; research and development, production, and sale of chemical products; exploration, extraction, and sales of oil and gas; enterprise management; liquor business; production and sales of textile products; goods warehousing; warehousing and logistics; coal washing; power generation, transmission, and supply; and trading. The company was incorporated in 1997 and is headquartered in Ordos, the People's Republic of China. Inner Mongolia Yitai Coal Co.,Ltd. is a subsidiary of Inner Mongolia Yitai Group Company Limited.

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900948.CG

Ganfeng Lithium Battery's Participating Fund Officially Signed; Original Partner Chen Hongxin Exits

Gongqingcheng Ganfeng Tiantai Venture Capital Partnership, in which Ganfeng Lithium's controlling subsidiary Ganfeng Lithium Battery participates as an investor, has officially signed its partnership agreement. Compared with the previously disclosed plan, original partner Chen Hongxin no longer participates in this investment, and the fund size has been adjusted downward accordingly, with a final total size of 216 million yuan. Ganfeng Lithium Battery's subscribed capital contribution remains unchanged at 100 million yuan, and its shareholding ratio rises to 46.2963 percent. The fund's executive partner is Xiamen Falcon Investment Management Company Limited. Other partners include Inner Mongolia Yitai Coal Company Limited contributing 50 million yuan, Li Liangbin contributing 30 million yuan, and Wang Xiaoshen contributing 20 million yuan, among others. This investment aims to improve Ganfeng Lithium Battery's industrial layout and will not be consolidated into its financial statements.
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Yitai B Shares to invest 279 million yuan in industrial fund targeting Jiuling Lithium

Yitai B Shares plans to invest 279 million yuan to jointly establish an industrial fund with Guotai Haitong Kaiyuan, specifically targeting Jiuling Lithium. The fund has a total size of 310 million yuan, with Yitai B Shares as a limited partner holding 90 percent, and Guotai Haitong Kaiyuan as the general partner and fund manager holding 10 percent. The fund is a single-asset fund, investing by acquiring shares from existing shareholders of Jiuling Lithium, with the capital not entering the company itself. Jiuling Lithium had voluntarily withdrawn its IPO application in April 2026, and in 2024 it achieved revenue of 4.38 billion yuan and net profit of 1.171 billion yuan. Market analysts note that this secondary share transfer may provide liquidity for some early financial investors, while Yitai, a leading coal enterprise, is entering the scene with the intention of laying out upstream resources in the new energy sector.
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Critical Materials & Supply Chain
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