On September 29, YANKUANG ENERGY fell 3.08% in regular trading, trading at HK$11.32/share, with turnover of approximately HK$36.45 million.

On the news front, YANKUANG ENERGY disclosed on September 28 that its controlling shareholder Shandong Energy Group's share accumulation plan had reached the halfway mark with progress significantly below expectations. The plan, announced on March 27, targeted a cumulative purchase of RMB 100 million to RMB 200 million in A-shares over 12 months via centralized bidding. However, as of the midpoint, only approximately RMB 20.23 million had been deployed — just 20.23% of the minimum target — falling well short of the 50% threshold. The company cited information-sensitive periods and share price volatility as primary reasons for the shortfall.

The broader coal sector also weighed on sentiment, with CHINA SHENHUA down 1.6%, CHINA COAL down 2.91%, YANCOAL AUS down 2.15%, and KINETIC DEV down 2.89%, reflecting broad-based selling pressure across the industry and amplifying downside momentum for the stock.

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