China Shenhua, a core listed company under the National Energy Group, announced that China Energy Group and China Shenhua will continue to promote the injection of high-quality coal assets into China's Shenhua. In order to reduce potential competition in the industry, in January 2025, China's Shenhua acquired 100% of the shares of the National Energy Group Hangjin Energy Co., Ltd. held by the National Energy Group at a consideration of 853 million yuan. The deal was settled in February 2025. According to the agreement between the two parties to avoid competition in the industry and related supplementary agreements, the National Energy Group and China Shenhua are currently negotiating to launch a new batch of capital injection transactions to continue injecting high-quality coal assets into China's Shenhua to support the long-term development of China's Shenhua.

China Shenhua, a core listed company under the National Energy Group, announced that China Energy Group and China Shenhua will continue to promote the injection of high-quality coal assets into China's Shenhua. In order to reduce potential competition in the industry, in January 2025, China's Shenhua acquired 100% of the shares of the National Energy Group Hangjin Energy Co., Ltd. held by the National Energy Group at a consideration of 853 million yuan. The deal was settled in February 2025. According to the agreement between the two parties to avoid competition in the industry and related supplementary agreements, the National Energy Group and China Shenhua are currently negotiating to launch a new batch of capital injection transactions to continue injecting high-quality coal assets into China's Shenhua to support the long-term development of China's Shenhua.