Shandong Mining Machinery (002526.SZ): Plans to absorb and merge its wholly owned subsidiary Shandong Mining Machinery Huaneng Equipment Manufacturing Co., Ltd.

Gelonghui, June 8 — Shandong Mining Machinery Group Co., Ltd. (SZSE: 002526) announced that, in order to further optimize its management structure, reduce management layers, enhance management effectiveness and operational efficiency, and lower operating costs, the company intends to absorb and merge its wholly owned subsidiary, Shandong Mining Machinery Huaneng Equipment Manufacturing Co., Ltd. (hereinafter referred to as "Huaneng Equipment"). Following the absorption merger, the company will continue as the surviving entity, while Huaneng Equipment’s independent legal status will be dissolved, and all of its assets, liabilities, business operations, personnel, and other related rights and obligations will be assumed by the company.

Gelonghui FinanceJun 8 17:40

Shandong Mining Machinery (002526.SZ): Proposed absorption merger between wholly owned subsidiaries

Gelonghui, June 8 — Shandong Mining Machinery Co., Ltd. (SZSE: 002526) announced that, in order to further optimize its management structure and enhance operational efficiency, its wholly owned subsidiary Shandong Huayun Equipment Technology Co., Ltd. ("Huayun Equipment") plans to absorb and merge with another wholly owned subsidiary, Shandong Huayuntong Intelligent Equipment Technology Co., Ltd. ("Huayuntong"). Upon completion of the absorption merger, Huayun Equipment will continue as the surviving entity, while Huayuntong will be legally dissolved, with all of Huayuntong’s assets, liabilities, equity, and all other rights and obligations lawfully assumed by Huayun Equipment.

Gelonghui FinanceJun 8 17:39

Shandong Mining Machinery (002526.SZ): Plans to deregister its majority-owned subsidiary, Qingdao Dedao Investment Co., Ltd.

Gelonghui, June 8 — Shandong Mining Machinery Co., Ltd. (SZSE: 002526) announced that its board of directors has approved the deregistration of its majority-owned subsidiary, Qingdao Dedao Investment Co., Ltd. (hereinafter referred to as "Dedao Investment"). This deregistration will not adversely affect the interests of the company or its shareholders. Upon completion of the deregistration, Dedao Investment will no longer be included in the company's consolidated financial statements.

Gelonghui FinanceJun 8 17:38

Shandong Mining Machinery: First Quarter Report for 2026

SZSIApr 29 00:00 · Announcements

Shandong Mining Machinery (002526.SZ) released its Q1 financial results, with a net profit attributable to shareholders of 10.06 million yuan, representing a year-on-year decrease of 81.05%.

Shandong Mining Machinery (002526.SZ) released its first-quarter report for 2026. In the first quarter, the company achieved operating revenue of 365 million yuan, a year-on-year decrease of 16.09%. The net profit attributable to shareholders of the listed company was 10.0593 million yuan, a year-on-year decrease of 81.05%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 9.5733 million yuan, a year-on-year increase of 29.36%.

Zhitong FinanceApr 28 22:32

Shandong Mining Machinery Group's net profit attributable to shareholders reached 123 million yuan in 2025, increasing by 8.07% year-on-year. Non-recurring gains and losses accounted for 57.43%, reflecting significant pressure on core business operations.

The company's revenue in 2025 decreased by 10.57% year-on-year to RMB 2.128 billion, primarily due to pressure on the coal machinery business.

lanjinger.comApr 22 12:20