Yunmei Energy (600792.SH) subsidiary Shizong Coal Coking Chemical Co., Ltd. has stopped production for economic reasons.

The Zhitong Finance and Economics APP reported that Yunmei Energy (600792.SH) announced that its wholly-owned subsidiary, Shizong Coal Coking Chemical Co., Ltd. (referred to as Shizong Coking), has been continuously losing money due to the collapse of coal coke prices. In order to further control the losses, the company's board of directors has agreed to economically suspend production at Shizong Coking.