Core Viewpoint - Energy and Energy Global has seen a significant decline in stock price, dropping over 15% recently and nearly 65% from its yearly high, indicating market concerns regarding its operational stability and regulatory challenges [1] Group 1: Stock Performance - The stock price of Energy and Energy Global fell to 2.03 HKD, with a current trading price of 2.08 HKD, reflecting a drop of 13.69% [1] - The trading volume reached 31.39 million HKD, highlighting active market participation despite the decline [1] Group 2: Regulatory and Operational Challenges - The company announced that its mining license held by a Russian subsidiary was revoked, prompting plans for further appeals [1] - In response to regulatory pressures, the company is expanding its operations to trade energy-related products, specifically coal, in the People's Republic of China [1] Group 3: Strategic Business Expansion - The company aims to leverage its industry contacts in northern China to penetrate the coal market and reduce overall business risks [1] - The company is also planning to expand its operations into other regions of China as part of its growth strategy [1] Group 4: Shareholding Structure - The Hong Kong Securities and Futures Commission highlighted the high concentration of shareholding in Energy and Energy Global, with only 69.11 million shares (1.01% of issued share capital) held by other shareholders [1] - The company confirmed that by July 31, 2025, at least 25% of its issued shares will be held by the public, ensuring compliance with listing rules regarding public shareholding [1]
港股异动 | 能源及能量环球(01142)再跌超15% 公司开展煤炭买卖业务 此前遭监管点名股权高度集中