兖矿能源: H股市场公告

Core Viewpoint - Yankuang Energy Group Company Limited announced a capital increase agreement to acquire a 70% stake in a power sales company, enhancing its control over the energy supply chain and aligning with its strategic goals in the energy sector [1][2][20]. Group 1: Capital Increase Details - The capital increase involves an investment of RMB 253.62375 million, with RMB 180 million allocated to the registered capital of the power sales company [1][3]. - After the capital increase, Yankuang Energy will hold 70% of the power sales company, while Shandong Energy will retain a 30% stake [1][3]. - The registered capital of the power sales company will increase from RMB 120 million to RMB 300 million following the capital increase [3][4]. Group 2: Valuation and Financial Impact - An independent valuation report indicated that the power sales company's equity had a book value of RMB 146.1695 million and an assessed value of RMB 169.0825 million, resulting in an appreciation of RMB 22.913 million, or 15.68% [7][21]. - The capital increase is expected to have no significant impact on the overall assets and liabilities of Yankuang Energy, and it will not record any profit or loss from this transaction [21][22]. Group 3: Strategic Rationale - The capital increase is aimed at supporting the power sales company's expansion to meet growing market demands, as its current capital structure is insufficient for its operational scale [20]. - By acquiring a controlling stake, Yankuang Energy aims to integrate its power generation and sales operations, thereby enhancing operational efficiency and market competitiveness [20][21]. Group 4: Regulatory Compliance - The transaction is classified as a related party transaction under the listing rules, as Shandong Energy is the controlling shareholder of Yankuang Energy [22]. - The capital increase was approved by the company's general manager's office without requiring board approval, and independent directors provided their opinions on the transaction [22].