China Shenhua (01088) plans to purchase assets from State Power Investment Corporation and Western Energy Group.

Wisdom Financial News App, China Shenhua (01088) announced that on August 15, 2025, the company entered into an "Asset Purchase Agreement" with the State Energy Group and its wholly-owned subsidiary Western Energy. The company conditionally agreed to acquire 100% equity of Guoyuan Power, 100% equity of Xinjiang Energy, 100% equity of Chemical Company, 100% equity of Wuhai Energy, 100% equity of Pingzhuang Coal, 41% equity of Shenyan Coal, 49% equity of Jinshen Energy, 100% equity of Baotou Mining, 100% equity of Shipping Company, 100% equity of Coal Sales Company, 100% equity of E-commerce Company, and 100% equity of Port Company held by the State Energy Group through the issuance of consideration shares and cash payment; and acquire 100% equity of Inner Mongolia Construction Investment held by Western Energy through cash payment.