Core Viewpoint - Yankuang Energy Group Company Limited has announced a conditional agreement to acquire a total of 26% equity in Northwest Mining, with a transaction value of RMB 4,748,251,438.63, and plans to inject additional capital of RMB 9,317,604,863.88 into the company [4][5][6]. Group 1: Acquisition Details - The acquisition involves purchasing equity from four sellers: Seller A (15.62%), Seller B (5.58%), Seller C (2.56%), and Seller D (2.24%) [4][5]. - The total equity value of Northwest Mining, as assessed on the valuation benchmark date, is RMB 25,262,505,533.20 [5][6]. - The payment structure for the acquisition includes an initial payment of 40% of the total price within five working days of the agreement's effectiveness [5][6]. Group 2: Capital Injection - The company will inject RMB 9,317,604,863.88 into Northwest Mining, with RMB 2,551,020,408.00 allocated to registered capital [5][6]. - The capital injection is contingent upon the completion of the necessary business registration changes within six months of the agreement's effectiveness [6][7]. Group 3: Shareholding Structure Post-Transaction - After the acquisition and capital injection, the shareholding structure of Northwest Mining will be as follows: Yankuang Energy will hold 51% and Seller A will hold 49% [5][6]. - The company is entitled to receive no less than 30% of the distributable profits from Northwest Mining starting from the year following the transaction's completion [7][8]. Group 4: Related Transactions - The company has established ongoing related transactions with Shandong Energy, including agreements for material supply, labor services, and financial services [2][3]. - These ongoing transactions are subject to approval at the upcoming annual general meeting scheduled for May 30, 2025 [2][3].

閣下如對本通函任何部分或應採取的行動有任何疑問，應諮詢 閣下的持牌證券交易商、銀行 經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的兗礦能源集團股份有限公司股份全部售出或轉讓，應立即將本通函送交買主 或承讓人或經手買賣或轉讓的銀行、持牌證券交易商或其他代理商，以便轉交買主或承讓人。 香港交易及結算有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本通函全部或任何部分內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 本通函僅供參考，並不構成購入、購買或認購本公司任何證券的邀請或要約。 兗礦能源集團股份有限公司 此乃要件 請即處理 YANKUANG ENERGY GROUP COMPANY LIMITED* （在中華人民共和國註冊成立的股份有限公司） （股份代碼：01171） (1) 有關收購西北礦業股權及對西北礦業增資之 須予披露及關連交易； (2) 持續關連交易； 及 (3) 2024年度股東週年大會補充通知 獨立董事委員會及獨立股東之獨立財務顧問 本通函應與本公司日期為2025年4月28日之通函一併閱覽。 本公司將於2025年5 ...

Core Viewpoint - Salt Lake Co. intends to invest approximately $300 million to acquire shares in Highfield Resources Limited, aiming to become its largest shareholder and gain control over the company [2]. Group 1: Investment and Acquisition - Salt Lake Co. signed a project cooperation letter with Highfield Resources, Yancoal Energy Group, and EMR Capital to acquire shares in Highfield Resources [2]. - The acquisition will allow Salt Lake Co. to control Yancoal Canada Resources and Highfield Resources' Southey and Muga potash projects [2][3]. - If successful, the transaction will add an annual production capacity of 380,000 tons of potash for Salt Lake Co. [5]. Group 2: Company Background - Highfield Resources, established in 2011 and listed on the Australian Securities Exchange, focuses on potash project development, with its core asset being the Muga potash project in northern Spain [2]. - Yancoal Canada, a wholly-owned subsidiary of Yancoal Energy, was established in 2011 and is engaged in potash exploration and development, holding the Southey potash project [3]. Group 3: Market Context - The global potash production capacity is concentrated, with Canada, Russia, and Belarus accounting for 65% of total production [7]. - China's potash production is limited, with over 50% of its demand met through imports, highlighting the strategic importance of domestic production [7][8].

Core Viewpoint - China Salt Lake Industry Group is rapidly initiating external acquisitions to achieve its goal of 10 million tons of potash fertilizer production capacity by 2030, following a clear capacity planning announcement [1][6][8]. Group 1: Acquisition Plans - Salt Lake Co. intends to invest approximately $300 million in Highland Resources to become its largest shareholder and gain control over the company [1][3]. - The acquisition includes the Southey and Muga potash projects, which have a combined planned capacity of 380,000 tons per year, currently in the greenfield development stage [1][9]. - The Southey project is recognized as a world-class potash mine located in Saskatchewan, Canada, known for its high grade and thick mineral layers [2][4]. Group 2: Strategic Development - The company has outlined a "three-step" strategy to achieve its production goals, which includes integrating and optimizing operations by 2025 and establishing a world-class salt lake industry by 2030 [8][9]. - As of now, China Salt Lake has a total potash fertilizer production capacity of 5.3 million tons per year, with the acquisition potentially advancing its goal significantly [9]. - The company has maintained a low debt ratio of 12.67% and a strong cash position of 13.86 billion yuan, providing a solid foundation for external acquisitions [7][8]. Group 3: Market Context - The domestic market has a long-term reliance on imported potash, making overseas acquisitions a necessary strategy for Chinese potash fertilizer companies [6]. - The acquisition process involves complex approval procedures due to the involvement of foreign investment and state-owned enterprises [9][10]. - The experience of the controlling shareholder, China Minmetals, in cross-border mergers and acquisitions may provide additional support for the transaction [10].

兖矿能源集团股份有限公司 关于参加 2025 年山东辖区上市公司投资者 网上集体接待日活动的公告 股票代码：600188 股票简称：兖矿能源 编号：临 2025-037 特此公告。 兖矿能源集团股份有限公司 2025 年 5 月 13 日 1 。 本公司董事会及全体董事保证本公告内容不存在任何虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完 整性承担法律责任。 为进一步加强与投资者的互动交流，兖矿能源集团股份有限公司 （以下简称"公司"）将参加由山东证监局、山东上市公司协会与深 圳市全景网络有限公司联合举办的"2025 年山东辖区上市公司投资 者网上集体接待日活动"，现将相关事项公告如下： 本次活动将通过网络线上举行，投资者可通过"全景路演"网站 （http://rs.p5w.net）、全景财经微信公众号或全景路演 APP 参与本 次互动交流。活动时间为 2025 年 5 月 15 日（周四）15:00-16:30。 届时公司高管和有关业务负责人将在线就公司业绩、经营状况、 公司治理、发展战略等投资者关心的问题进行沟通与交流，欢迎广大 投资者踊跃参与。 ...

盐湖股份表示，本次签署的《项目合作意向书》系各方基于合作意愿签署的框架性、意向性的无法律约 束力文件，后续公司将就本次合作展开尽职调查，交易各方将就核心的交易条件、交易金额进行商讨， 并履行各自审批程序，决定是否签署《投资协议》等正式文件，最终能否达成合作并签署正式协议尚存 在较大不确定性。 当晚，兖矿能源也就此事进行了公告，资料显示，兖矿能源于2024年9月23日与高地资源签署了《实施 协议》及《股份认购协议》。兖矿能源将通过资产注入和现金认购方式获得高地资源新增发股份，成为 交易后高地资源的第一大股东并控制董事会("原交易安排")。 兖矿能源披露的合作意向书内容与盐湖股份披露情况一致。相较原交易安排，新增的主要交易方为盐湖 股份。 兖矿能源称，根据合作意向书，盐湖股份将成为高地资源的最大股东，公司将支持盐湖股份认购交易。 如果原交易安排和盐湖股份认购交易的条款和承诺之间存在任何冲突或潜在冲突，公司将在保障公司及 股东权益的基础上，与相关方进行商务协商，在合规履行上市监管和国资监管要求的审批流程的前提 下，签署必要的法律文件，以推进拟议交易。 5月12日晚间，盐湖股份（000792）公告，为积极落实公司发展 ...

Group 1 - Longjiang Transportation plans to reduce its shareholding by no more than 3% of the company's total shares, amounting to 39.4764 million shares, from June 4, 2025, to September 3, 2025 [1] - Shuangyi Technology intends to acquire 100% equity of Marky Industries Pty Ltd and specific assets for approximately AUD 18 million [1] - Haikong Air Conditioning's controlling shareholder has received a bank loan commitment of up to CNY 32 million for share repurchase [2] Group 2 - Zhaowei Electromechanical's shareholder plans to reduce its stake by no more than 1.50%, equating to 3.6031 million shares, from June 5, 2025, to September 4, 2025 [2] - Zhongwen Online's directors and senior management plan to collectively reduce their holdings by no more than 877,100 shares, representing 0.1203% of the total shares [2] - Liding Optoelectronics' shareholders plan to reduce their holdings by no more than 3%, totaling 12.2113 million shares, from June 5, 2025, to September 4, 2025 [4] Group 3 - Luvi Optoelectronics' shareholder plans to reduce its stake by no more than 1%, amounting to 1.9333 million shares, from June 4, 2025, to September 4, 2025 [5] - Jiejia Weichuang's controlling shareholder and concerted parties plan to reduce their holdings by no more than 0.72%, totaling 250,000 shares [7] - Yancoal Energy will no longer acquire control of Highfield Resources due to a new investment from Qinghai Salt Lake Industry Co., Ltd. [9] Group 4 - Yongdong Co., Ltd. plans to reduce its shareholding by no more than 1.26%, equating to 473,380 shares, from June 5, 2025, to September 4, 2025 [11] - Sanqi Interactive Entertainment plans to distribute a cash dividend of CNY 2.10 per 10 shares [12] - Salt Lake Co., Ltd. intends to acquire Highfield Resources for approximately USD 300 million to become its largest shareholder [13] Group 5 - Hainan Haiyao's shareholder plans to reduce its stake by no more than 3%, totaling 38.921 million shares, within 90 days after the announcement [14] - Lifang Pharmaceutical plans to transfer 2.2184% equity of Nanjing Mainowei Pharmaceutical Technology Co., Ltd. for CNY 22.1837 million [16] - Zhiyou Technology's shareholders plan to reduce their holdings by no more than 2.99%, totaling 11.9986 million shares, from June 4, 2025, to September 3, 2025 [18] Group 6 - Puli Tui has applied for a review of the Shenzhen Stock Exchange's decision to terminate its listing [19] - Saimo Intelligent's shareholder plans to reduce its stake by no more than 3%, equating to 16.0659 million shares, from June 4, 2025, to September 3, 2025 [20] - Entropy Technology is planning to acquire 55% equity of Longzhiyuan to gain control [21] Group 7 - Nanjing Chemical Fiber plans to acquire 100% of Nanjing Process Equipment Manufacturing Co., Ltd. through asset swaps and cash payments [22] - Beijing Lier intends to invest CNY 200 million in Shanghai Zhenliang Intelligent Technology Co., Ltd. [23]

未来能源旗下金鸡滩煤矿保持高产高效生产态势，经济效益、人均工效、煤炭产量位居集团首位；煤制 油装置保持年产百万吨负荷运行，去年账面利润达到投产以来历史最好水平；榆林能化DMMn装置运行 能力全面提升，实现扭亏为盈；化工装置经济运行质量实现新突破，一体化发展动能更加强劲…… 未来能源持续深化区域协同发展，所属煤制油分公司、榆林能化、荣信化工、年产50万吨高温项目之间 产业差异化发展，相互之间进行原料协同。榆林能化与煤制油分公司协同发展更加紧密，他们利用煤制 油与榆林能化产品差异性、互补性特点，在下游产品规划上统筹布局，充分发挥榆林能化合成气资源， 推进一体化发展；精细化工严抓生产组织管理，加强生产过程管控，提产量稳质量。清洁化学品公司产 量超额完成2024年度奋斗目标，出厂产品合格率达100%。 "转型升级，项目是根基。下一步，未来能源将聚焦延链补链、集群发展，加快推动年产20万吨Ⅲ类 +润滑油基础油、费托蜡一期扩产改造、煤基费托含氧化合物分离提取等项目建设，实现低碳烯烃资源 的高值化利用，为企业可持续发展奠定基础。"兖矿能源总工程师(化工)、未来能源董事长高春雷说。 未来能源积极发挥区域主体作用，科学把握稳与 ...

Group 1 - The company signed a non-binding framework agreement with Highfield Resources Limited, Yancoal Energy Group, and EMR Capital to explore a potential investment of approximately $300 million to acquire ordinary shares in Highfield Resources, aiming to become its largest shareholder and gain control over its operations [1][2] - The transaction is part of the company's strategy to enhance its potassium resource development and strengthen its full industry chain layout and resource integration [1][2] - Highfield Resources, established in 2011 and listed on the Australian Securities Exchange, focuses on potassium fertilizer projects, with its core asset being the Muga potash project located in northern Spain [2] Group 2 - Yancoal Canada, a wholly-owned subsidiary of Yancoal Energy, was established in 2011 and is engaged in potash exploration and development, with its key asset being the Southey potash project [2] - EMR Capital is the largest shareholder of Highfield Resources and is a private equity investment fund focused on the mining sector in Australia [2]

根据LOI，青海盐湖将成为高地资源的最大股东，该公司将支持拟议交易。如果原交易安排和拟议交易 的条款和承诺之间存在任何冲突或潜在冲突，公司将在保障公司及股东权益的基础上，与相关方进行商 务协商，在合规履行上市监管和国资监管要求的审批流程的前提下，签署必要的法律文件，以推进拟议 交易。 兖矿能源（600188）(01171)公布，于2025年5月12日，高地资源、中国五矿集团公司的附属公司青海盐 湖工业股份有限公司(青海盐湖，其股份在深圳证券交易所上市)、该公司以及EMR Capital(高地资源目 前的最大股东和债权人)签署了一份不具约束力的合作意向书(LOI)。根据LOI，青海盐湖拟以3亿美元左 右现金认购高地资源发行的普通股，并成为高地资源的最大股东，并在交割时有控制权(青海盐湖认购 交易)。根据LOI，青海盐湖认购交易完成时，青海盐湖将通过一系列治理安排，包括但不限于任命高地 资源董事、主导项目生産运营、合并财务报表等，实现对兖煤加拿大、高地资源及其下属索西项目和 Muga项目的实际控制。 如高地资源与青海盐湖后续基于LOI签署具约束力的股份认购协议，公司将不再根据原交易安排成为高 地资源第一大股东，取 ...