Total assets of 258.3 billion! China Shenhua plans to acquire 13 companies, stock to resume trading on Monday next week.
On the evening of August 15th, China Shenhua disclosed the transaction plan for acquiring assets from controlling shareholder China National Energy Group, and stated that, upon application to the Shanghai Stock Exchange, the company's A shares will resume trading from August 18th, 2025. This transaction involves a total of 13 target companies, with businesses covering coal, pithead coal power, coal chemical industry, and other areas. It is beneficial for increasing the listed company's resource reserve scale and core business capacity, further optimizing the entire industry chain layout, and creating favorable conditions for promoting clean production, optimizing capacity matching, and enhancing profitability. Specific details include: China Shenhua plans to purchase the 100% equity of Guoyuan Power held by China National Energy Group, the 100% equity of Xinjiang Energy, the 100% equity of the chemical company, the 100% equity of Wuhai Energy, the 100% equity of Pingzhuang Coal, the 41% equity of Shenyan Coal, the 49% equity of Jinshen Energy, the 100% equity of Baotou Mining, the 100% equity of the shipping company, the 100% equity of the coal sales and distribution company, the 100% equity of the e-commerce company, and the 100% equity of the port company, and to purchase the 100% equity of Inner Mongolia Jiandou held by Western Energy in cash; at the same time, the listed company plans to issue A shares to raise supporting funds from no more than 35 specific investors.
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