MJNY(SZ:000723) Zheng Quan Zhi Xing·2025-08-15 11:28Core Viewpoint - The announcement highlights a change in the shareholding structure of Shanxi Meijin Energy Co., Ltd. due to the passing of its major shareholder, which has led to a redistribution of shares among the heirs, while the actual controlling shareholder remains unchanged [1][2]. Group 1: Shareholding Structure Change - The passing of Gao Fan'e, the major shareholder of Meijin Group, resulted in the inheritance of shares by her children, leading to a change in the shareholding proportions [1]. - Before the change, Yao Junliang held 25% of Meijin Group, while Yao Junhua, Yao Junjie, Yao Sanjun, Yao Sijun, and Yao Junqing each held 12.5%. After the change, Yao Junliang's share increased to 27%, Yao Junhua's to 15%, and the others to 14.5% each [1][2]. Group 2: Financial Performance - Meijin Energy is facing continued financial losses, with a forecasted net profit loss of between 490 million and 710 million yuan for the first half of 2025, primarily due to declining coal and coke prices [1][2]. - The company maintains a credit rating of A+ with a stable outlook, reflecting its current financial situation despite ongoing losses [2]. Group 3: Rating Assessment - The rating assessment utilized general credit rating methods and models, with various scoring factors indicating the company's performance in macro environment, industry risk, and financial status [3][4]. - The scoring results show a mixed performance, with a strong score in business conditions but weaker scores in profitability and financial status [3].