Huaihe Energy (600575.SH) has obtained approval from the Shanghai Stock Exchange for the issuance of shares and payment of cash to purchase assets.

The Zhitong Finance and Economics APP news: Huaihe Energy (600575.SH) announced that the company plans to acquire 89.30% equity of Huaihe Energy Power Group Co., Ltd. held by its controlling shareholder, Huainan Mining (Group) Co., Ltd., through the issuance of shares and payment of cash. The M&A and Restructuring Review Committee of the Shanghai Stock Exchange held the 17th M&A and Restructuring Review Committee meeting on November 5, 2025 to review the application for this transaction. According to the announcement of the results of the 17th review meeting of the Shanghai Stock Exchange M&A and Restructuring Review Committee in 2025, the result of the meeting was that this transaction meets the restructuring conditions and information disclosure requirements.