Pursuant to Order No. A/414 of the Chief Executive Officer of the Mongolian Stock Exchange JSC dated September 10, 2026, and in accordance with Articles 10.3, 11, 12, and 13, and Clauses 20.2 and 20.5 of Article 20 of the MSE Securities Registration Regulations, the securities registration classifications of listed joint-stock companies have been revised based on their performance indicators for 2025 and 2026.
Under the revised securities registration classifications of the Mongolian Stock Exchange, “Sendly NBFI” JSC, “Tenger Insurance” JSC, and “Innovation Investment” JSC have been upgraded from Category II to Category I. Meanwhile, “Mongol Basalt” JSC and “Darkhan Nekhii” JSC have been downgraded from Category I to Category II.
In addition, “Mongol Savkhi” JSC, “Gan Khiyts” JSC, and “Khasu-Mandal” JSC have been downgraded from Category II to Category III.
LIST OF LISTED COMPANIES IN CATEGORY I
|
No. |
Company Name |
Ticker |
Code |
Classification |
|---|---|---|---|---|
|
1 |
Khan Bank JSC |
KHAN |
563 |
Category I |
|
2 |
Mongolian Stock Exchange JSC |
MSE |
510 |
Category I |
|
3 |
Monlogistics Holding JSC |
MLG |
569 |
Category I |
|
4 |
LendMN NBFI JSC |
LEND |
545 |
Category I |
|
5 |
Premium Nexus JSC |
CUMN |
557 |
Category I |
|
6 |
APU JSC |
APU |
90 |
Category I |
|
7 |
Golomt Bank |
GLMT |
562 |
Category I |
|
8 |
XacBank JSC |
XAC |
568 |
Category I |
|
9 |
State Bank JSC |
SBM |
564 |
Category I |
|
10 |
Gobi JSC |
GOV |
354 |
Category I |
|
11 |
Mandal Insurance JSC |
MNDL |
547 |
Category I |
|
12 |
Monos Foods JSC |
MFC |
551 |
Category I |
|
13 |
Ard Credit NBFI JSC |
ADB |
550 |
Category I |
|
14 |
Invescore NBFI JSC |
INV |
553 |
Category I |
|
15 |
Ard Financial Group JSC |
AARD |
326 |
Category I |
|
16 |
Suu JSC |
SUU |
135 |
Category I |
|
17 |
Ard Insurance JSC |
AIC |
548 |
Category I |
|
18 |
Mongol Post JSC |
MNP |
541 |
Category I |
|
19 |
MIK Holding JSC |
MIK |
542 |
Category I |
|
20 |
BDSec JSC |
BDS |
522 |
Category I |
|
21 |
Trade and Development Bank JSC |
TDB |
567 |
Category I |
|
22 |
Tumen Shuvuut JSC |
TUM |
549 |
Category I |
|
23 |
Tavantolgoi JSC |
TTL |
458 |
Category I |
|
24 |
Sendly NBFI JSC |
SEND |
561 |
Category I |
|
25 |
Tenger Insurance JSC |
TGI |
573 |
Category I |
|
26 |
Innovation Investment JSC |
QPAY |
570 |
Category I |
LIST OF LISTED COMPANIES IN CATEGORY II
|
No. |
Company Name |
Ticker |
Code |
Classification |
|---|---|---|---|---|
|
1 |
Mongol Basalt JSC |
MBW |
544 |
Category II |
|
2 |
Darkhan Nekhii JSC |
NEH |
71 |
Category II |
|
3 |
ITLS JSC |
ITLS |
543 |
Category II |
|
4 |
Arig Gal JSC |
EER |
191 |
Category II |
|
5 |
Atar-Urguu JSC |
ATR |
17 |
Category II |
|
6 |
Baganuur JSC |
BAN |
396 |
Category II |
|
7 |
Bayangol Hotel JSC |
BNG |
13 |
Category II |
|
8 |
Bayanteeg JSC |
BTG |
445 |
Category II |
|
9 |
Bodi Insurance JSC |
BODI |
554 |
Category II |
|
10 |
Buliigar JSC |
MBG |
38 |
Category II |
|
11 |
Gazar Shim Uildver JSC |
GAZR |
565 |
Category II |
|
12 |
Germes Center JSC |
HRM |
528 |
Category II |
|
13 |
Gootal JSC |
GTL |
88 |
Category II |
|
14 |
Jenko Tour Bureau JSC |
JTB |
521 |
Category II |
|
15 |
Juulchin Duty Free JSC |
SUL |
34 |
Category II |
|
16 |
Crypto Nation JSC |
CNF |
308 |
Category II |
|
17 |
Materialimpex JSC |
MIE |
379 |
Category II |
|
18 |
Makhimpex JSC |
MMX |
208 |
Category II |
|
19 |
Mongolian Telecommunications JSC |
MCH |
209 |
Category II |
|
20 |
Remicon JSC |
RMC |
530 |
Category II |
|
21 |
Talkh Chikher JSC |
TCK |
— |
Category II |
|
22 |
Tandem Invest NBFI JSC |
TAND |
438 |
Category II |
|
23 |
Technic Import JSC |
TEX |
441 |
Category II |
|
24 |
Ulaanbaatar BUK JSC |
BUK |
195 |
Category II |
|
25 |
Ulaanbaatar Carpet JSC |
UBH |
7 |
Category II |
|
26 |
State Department Store JSC |
UID |
484 |
Category II |
|
27 |
Khuvsgul Altan Duulga JSC |
ADU |
402 |
Category II |
|
28 |
Shivee Ovoo JSC |
SHV |
460 |
Category II |
|
29 |
E-Trans Logistics JSC |
ETR |
537 |
Category II |
|
30 |
MGL Aqua JSC |
MGLA |
572 |
Category II |
|
31 |
Erdene Resource Development Corporation |
ERDN |
546 |
Category II |
|
32 |
Erchim Bayan-Ulgii JSC |
BOE |
466 |
Category II |
|
33 |
Darkhan Hotel JSC |
DZG |
366 |
Category II |
|
34 |
Mogoin Gol JSC |
BDL |
444 |
Category II |
|
35 |
Mongol Textile JSC |
MNH |
9 |
Category II |
|
36 |
Moninjbar JSC |
MIB |
25 |
Category II |
|
37 |
Hi-B-Oil JSC |
HBO |
525 |
Category II |
|
38 |
Sharyn Gol JSC |
SHG |
309 |
Category II |
|
39 |
Mongol Daatgal JSC |
MDIC |
162 |
Category II |
LIST OF LISTED COMPANIES IN CATEGORY III
The listed companies classified under Category III are as follows:
|
No. |
Company Name |
Ticker |
Code |
|---|---|---|---|
|
1 |
Auto Zam JSC |
AAR |
369 |
|
2 |
Auto Impex JSC |
AOI |
452 |
|
3 |
Aduunchuluun JSC |
ADL |
461 |
|
4 |
Azyk JSC |
ALD |
187 |
|
5 |
Altai Negdel JSC |
ALA |
119 |
|
6 |
Altaiyn Zam JSC |
AZH |
227 |
|
7 |
Ar Bayankhangai JSC |
ABH |
394 |
|
8 |
Arvijikh JSC |
ARJ |
231 |
|
9 |
Ard Investment Group JSC |
AIG |
78 |
|
10 |
ASBI JSC |
CND |
33 |
|
11 |
Achit-Ikh Alkhab JSC |
NOG |
200 |
|
12 |
Barilga Corporation JSC |
BRC |
476 |
|
13 |
BlueSky Securities JSC |
BSKY |
176 |
|
14 |
Bornuur JSC |
BOR |
207 |
|
15 |
Wholesale Trade JSC |
BHL |
435 |
|
16 |
Bukhug JSC |
BHG |
69 |
|
17 |
Buteelkhi Uils JSC |
BLC |
239 |
|
18 |
Berkh Uul JSC |
BEU |
492 |
|
19 |
Global Life Technology JSC |
BAJ |
152 |
|
20 |
Global Mongolia Holdings JSC |
HML |
125 |
|
21 |
Goviin Undur JSC |
JGL |
86 |
|
22 |
Grand Systems JSC |
LOT |
571 |
|
23 |
Guril JSC |
GUR |
96 |
|
24 |
Darkhan Guril Tejeel JSC |
DAR |
252 |
|
25 |
Darkhan-Selenge Electricity Distribution Network JSC |
DSS |
508 |
|
26 |
Darkhan Us Suvag JSC |
DUS |
505 |
|
27 |
Darkhan Khuvun JSC |
DAH |
254 |
|
28 |
Darkhan Khuns JSC |
DHU |
380 |
|
29 |
Dornod Khudaldaa JSC |
DES |
311 |
|
30 |
Devshil Mandal JSC |
DMA |
300 |
|
31 |
Euroasia Capital Holding JSC |
SUN |
246 |
|
32 |
Jidax JSC |
SOH |
385 |
|
33 |
Juulchin Govi JSC |
JGV |
61 |
|
34 |
Zavkhan Bayalag JSC |
BLG |
204 |
|
35 |
ESJ Finance JSC |
GFG |
148 |
|
36 |
Ikh Barilga JSC |
IBA |
459 |
|
37 |
Lux Zanadu Group JSC |
BAZ |
136 |
|
38 |
Mandal Govi Impex JSC |
MNG |
80 |
|
39 |
Merex JSC |
MRX |
540 |
|
40 |
Mon Nab JSC |
MNB |
471 |
|
41 |
Mongeo JSC |
MOG |
332 |
|
42 |
Mongol Alt JSC |
ERS |
68 |
|
43 |
Mongol Diesel JSC |
MDZ |
290 |
|
44 |
Mongol Ceramic JSC |
KEK |
40 |
|
45 |
Mongol Securities JSC |
MSC |
503 |
|
46 |
Mongol Shevro JSC |
MVO |
236 |
|
47 |
Mongol Shiltgeen JSC |
MSH |
517 |
|
48 |
Mongolian Railway JSC |
MTZ |
536 |
|
49 |
Mongolian Development National United JSC |
HAM |
120 |
|
50 |
Monnoos JSC |
MNS |
23 |
|
51 |
National Green Development United JSC |
JLT |
201 |
|
52 |
Nomin Khishig JSC |
TGS |
196 |
|
53 |
Nekheesgui Edlel JSC |
NXE |
67 |
|
54 |
Olloo JSC |
OLL |
527 |
|
55 |
Orkhon Khugjil JSC |
HJL |
409 |
|
56 |
Orkhondalai JSC |
ORD |
331 |
|
57 |
Ulzii-Dundgovi JSC |
ULZ |
98 |
|
58 |
Undurkhaan JSC |
ONH |
389 |
|
59 |
Silikat JSC |
SIL |
317 |
|
60 |
Sonsgolon Barmat JSC |
SSG |
54 |
|
61 |
Sor JSC |
SOR |
97 |
|
62 |
Standard Noos JSC |
ALI |
420 |
|
63 |
Standard Property Group JSC |
BBD |
269 |
|
64 |
Tavилга JSC |
TVL |
41 |
|
65 |
Taliin Gal JSC |
TAL |
464 |
|
66 |
Tumur Zavod JSC |
TMZ |
142 |
|
67 |
Tushig Uul JSC |
TUS |
386 |
|
68 |
Tengeriig Media Group JSC |
TNGR |
408 |
|
69 |
Teever Darkhan JSC |
TEE |
217 |
|
70 |
Uvs Khuns JSC |
HUN |
94 |
|
71 |
Uvs Chatsargana JSC |
CHR |
448 |
|
72 |
Ulaansan JSC |
UNS |
325 |
|
73 |
Frontier Land Group JSC |
MDR |
524 |
|
74 |
Khar Tarvagatai JSC |
TVT |
455 |
|
75 |
Kharkhorin JSC |
HHN |
179 |
|
76 |
Khishig Uul JSC |
HSX |
376 |
|
77 |
Khorin Khoyordugaar Baaz JSC |
AHH |
143 |
|
78 |
Khot Development JSC |
SDT |
490 |
|
79 |
Khuvsgul Geology JSC |
HUV |
108 |
|
80 |
Khuvsgul Khuns JSC |
HHS |
431 |
|
81 |
Khungun Beton JSC |
HBT |
454 |
|
82 |
Khusug Trade JSC |
HSG |
56 |
|
83 |
Khukh Gan JSC |
HGN |
532 |
|
84 |
Khunnu Management JSC |
HBZ |
65 |
|
85 |
Khurd JSC |
HRD |
8 |
|
86 |
Kherlen Khivs JSC |
HRL |
133 |
|
87 |
MND JSC |
DLH |
118 |
|
88 |
Erdenes Solutions JSC |
AMT |
175 |
|
89 |
Erdenet Auto Zam JSC |
EAZ |
469 |
|
90 |
Erdenet Suvarga JSC |
SVR |
377 |
|
91 |
Erdenet Us, Dulaan Tugeekh Suljee JSC |
EUD |
506 |
|
92 |
Erdenet Khuns JSC |
TAS |
154 |
|
93 |
Ereen Tsav JSC |
ECV |
425 |
|
94 |
Mongol Savkhi JSC |
UYN |
2 |
|
95 |
Gan Khiyts JSC |
GHC |
234 |
|
96 |
Khasu-Mandal JSC |
HSR |
378 |
MONGOLIAN STOCK EXCHANGE



