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千亿资产重组!中国神华复牌
Jin Rong Shi Bao·2025-08-18 12:41

Core Viewpoint - China Shenhua (stock code: 601088) resumed trading on August 18, opening with a limit-up but eventually closing at 39.23 CNY per share, down 5.01% for the day, although up 4.45% from the previous suspension price [1][3] Group 1: Trading Resumption and Stock Performance - China Shenhua's stock was suspended on August 4 due to an announcement regarding a proposed acquisition of 13 companies under the State Energy Group [3][5] - The stock resumed trading on August 18, with a notable initial increase followed by a decline [1][3] Group 2: Acquisition Details - The acquisition plan involves issuing A-shares and cash to purchase 100% stakes in several companies, including Guoyuan Power, Xinjiang Energy, and others, as well as a cash purchase for Inner Mongolia Construction Investment [5] - The company plans to raise matching funds from no more than 35 specific investors, with the total amount not exceeding 100% of the transaction price [5] Group 3: Company Background and Strategic Importance - China Shenhua was established in November 2004 and is a flagship A+H share company under the State Energy Group, focusing on coal and electricity production, transportation, and chemical production [6] - The transaction is seen as a key move to enhance resource allocation, address industry competition, and strengthen the company's core competitiveness, contributing to national energy security [6] Group 4: Profit Distribution Plan - China Shenhua announced a profit distribution plan for 2025-2027, committing to distribute at least 65% of the net profit attributable to shareholders in cash each year [7][8] - For the mid-term profit distribution in 2025, the amount will be no less than 75% of the net profit for the first half of 2025, subject to board and shareholder approval [8][9]