Huan Qiu Lao Hu Cai Jing·2025-08-18 09:01Group 1 - China Shenhua announced a restructuring plan to acquire 13 core asset companies under its controlling shareholder, China Energy Group, through a combination of share issuance and cash payment [1] - The targeted companies operate in various sectors including coal, coal power, coal chemical, and logistics services, with a total asset value of 258.36 billion yuan and a net asset value of 93.89 billion yuan by the end of 2024 [1] - The acquisition aims to enhance China Shenhua's resource reserves and core business capacity, optimizing its entire industry chain layout [1] Group 2 - Following the announcement, China Shenhua's stock opened with a limit increase and closed up approximately 4.45%, with a market capitalization of 777.94 billion yuan [2] - In 2024, China Shenhua's total revenue is projected to be 338.38 billion yuan, a year-on-year decrease of 1.4%, with a net profit of 58.67 billion yuan, also down 1.7% [2] - The company has a strong cash dividend history, with cumulative cash dividends reaching 491.9 billion yuan since its listing, maintaining a payout ratio above 70% in recent years [2]