Zheng Quan Zhi Xing·2025-08-01 16:35Core Viewpoint - China Shenhua Energy Co., Ltd. is planning to issue shares and pay cash to acquire assets from its controlling shareholder, China Energy Investment Corporation, and raise supporting funds, which constitutes a related party transaction but is not expected to lead to a change in the actual controller of the company [1][2]. Group 1: Suspension of Trading - The company's A-shares will be suspended from trading starting August 4, 2025, for a period not exceeding 10 trading days due to the planning of the transaction [2]. - The suspension aims to ensure fair information disclosure and protect investor interests, preventing abnormal fluctuations in the company's stock price [2]. Group 2: Transaction Details - The transaction involves acquiring coal, pithead coal power, and coal-to-oil and coal-to-gas chemical assets from China Energy Investment Corporation, including stakes in various subsidiaries such as Guoyuan Power Co., Ltd. and Xinjiang Energy Chemical Co., Ltd. [2][4]. - The specific assets involved in the restructuring are still under evaluation, and the final scope will be disclosed in subsequent announcements [2]. Group 3: Transaction Counterparties - The preliminary counterparties for the transaction include China Energy Investment Corporation and its subsidiary, Western Energy Investment Co., Ltd. [3][4]. - Both counterparties are state-owned enterprises with significant registered capital and a broad range of operational scopes in energy and chemical sectors [4]. Group 4: Transaction Method - The transaction is planned to be executed through the issuance of A-shares and cash payments, along with the simultaneous raising of supporting funds [4]. - The specific transaction method and plan will be detailed in future announcements following further discussions [4].