China Shenhua recently released a major asset restructuring report, announcing that it plans to acquire shares in 12 core enterprises under the controlling shareholder National Energy Group through the issuance of shares and cash payments. The total transaction consideration reached 133,598 billion yuan, and supporting capital raised was progressing simultaneously. According to reports, this restructuring covers key energy sectors such as coal production, Kengkou coal and electricity, coal chemicals, and coal logistics. After the transaction is completed, China's Shenhua's total assets will increase by more than 200 billion yuan. Core indicators such as recoverable coal reserves, annual output, and installed power generation capacity have all been greatly increased. Among them, polyolefin production increased by 213.33%. The reporter learned that the core value of this restructuring is to substantially resolve the 20-year competition problem between China's Shenhua and the National Energy Group, and to establish a more complete closed loop of the “coal-electricity-transport-chemical” industrial chain. Through intensive and unified management, enterprises will strengthen their ability to coordinate the allocation of resources across regions, raise the level of emergency response during critical periods of energy security and supply, and effectively carry out the main responsibility of central enterprises to guarantee national energy security. It is worth noting that the transaction was paid in cash at a high percentage of 70%, effectively reducing the equity dilution effect. After the restructuring, the company's profitability will be further enhanced. In addition, the controlling shareholders will voluntarily extend the performance commitment period for some assets to six years, demonstrating the protection of the interests of small and medium shareholders. China's Shenhua said that this restructuring is not only a key step for the National Energy Group to deepen the pilot reform of state-owned capital investment companies, but also a vivid practice of speeding up transformation and upgrading and increasing industrial concentration in the coal industry. Guided by global energy pattern adjustments and “dual carbon” goals, China's Shenhua has achieved optimal allocation of resources through capital market operations, which is expected to drive more state-owned central enterprises to activate development momentum through specialized integration.

China Shenhua recently released a major asset restructuring report, announcing that it plans to acquire shares in 12 core enterprises under the controlling shareholder National Energy Group through the issuance of shares and cash payments. The total transaction consideration reached 133,598 billion yuan, and supporting capital raised was progressing simultaneously. According to reports, this restructuring covers key energy sectors such as coal production, Kengkou coal and electricity, coal chemicals, and coal logistics. After the transaction is completed, China's Shenhua's total assets will increase by more than 200 billion yuan. Core indicators such as recoverable coal reserves, annual output, and installed power generation capacity have all been greatly increased. Among them, polyolefin production increased by 213.33%. The reporter learned that the core value of this restructuring is to substantially resolve the 20-year competition problem between China's Shenhua and the National Energy Group, and to establish a more complete closed loop of the “coal-electricity-transport-chemical” industrial chain. Through intensive and unified management, enterprises will strengthen their ability to coordinate the allocation of resources across regions, raise the level of emergency response during critical periods of energy security and supply, and effectively carry out the main responsibility of central enterprises to guarantee national energy security. It is worth noting that the transaction was paid in cash at a high percentage of 70%, effectively reducing the equity dilution effect. After the restructuring, the company's profitability will be further enhanced. In addition, the controlling shareholders will voluntarily extend the performance commitment period for some assets to six years, demonstrating the protection of the interests of small and medium shareholders. China's Shenhua said that this restructuring is not only a key step for the National Energy Group to deepen the pilot reform of state-owned capital investment companies, but also a vivid practice of speeding up transformation and upgrading and increasing industrial concentration in the coal industry. Guided by global energy pattern adjustments and “dual carbon” goals, China's Shenhua has achieved optimal allocation of resources through capital market operations, which is expected to drive more state-owned central enterprises to activate development momentum through specialized integration.