Shanxi Coking Coal Energy Group Co.Ltd(000983) : description of the board of directors on the purchase and sale of assets within 12 months before the asset restructuring

Shanxi Coking Coal Energy Group Co.Ltd(000983) board of directors

Description on the purchase and sale of assets within 12 months before the asset restructuring

Shanxi Coking Coal Energy Group Co.Ltd(000983) (hereinafter referred to as ” Shanxi Coking Coal Energy Group Co.Ltd(000983) ” and “listed company”) intends to purchase 51% equity of Huajin Coking Coal Co., Ltd. (hereinafter referred to as “Huajin coking coal”) and 49% equity of Shanxi Huajin Mingzhu Coal Co., Ltd. (hereinafter referred to as “Mingzhu coal”) by issuing shares and paying cash, and raise supporting funds (hereinafter referred to as “this transaction”).

According to the provisions of the measures for the administration of major asset restructuring of listed companies (hereinafter referred to as the “measures for the administration of restructuring”), if a listed company purchases or sells the same or related assets continuously within 12 months, the corresponding amount shall be calculated based on the cumulative amount. Asset transactions that have prepared and disclosed a major asset restructuring report in accordance with the measures for the administration of restructuring need not be included in the scope of cumulative calculation. Where the CSRC has other provisions on the cumulative period and scope of major asset restructuring specified in paragraph 1 of Article 13 of the measures for the administration of restructuring, such provisions shall prevail. If the underlying assets of the transaction are owned or controlled by the same transaction party, or belong to the same or similar business scope, or under other circumstances recognized by the CSRC, they can be recognized as the same or related assets. As of the issuance date of this note, the listed company has not purchased or sold assets within 12 months before this asset restructuring.

It is hereby explained.

(there is no text on this page, which is the signature page of the description of the Shanxi Coking Coal Energy Group Co.Ltd(000983) board of directors on the purchase and sale of assets within 12 months before the asset restructuring)

Shanxi Coking Coal Energy Group Co.Ltd(000983) board of directors January 14, 2022

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