China Shenhua: Intends to purchase assets from the State Energy Group and Western Energy.

China Shenhua disclosed the restructuring plan on the evening of August 15th. The company plans to purchase 100% equity of Guoyuan Electric Power, Xinjiang Energy, Chemical Company, Wuhai Energy, Pingzhuang Coal Industry, Shenyuan Coal (41% equity), Jinshen Energy (49% equity), Baotou Mining (100% equity), Shipping Company (100% equity), Coal Marketing Company (100% equity), E-commerce Company (100% equity), Port Company (100% equity) held by China Energy Group by issuing A-shares and paying cash. The company also plans to purchase 100% equity of Inner Mongolia Jiantou held by Western Energy with cash. The price of this transaction is yet to be determined. At the same time, the company plans to issue A-shares to no more than 35 specific investors to raise funds. The company's A-shares will resume trading on August 18th. After the completion of this transaction, China Shenhua will further enhance its integrated operation advantages and expand its main business scale.