Core Viewpoint - Gansu Energy Chemical (000552.SZ) plans to acquire 100% equity of Gansu Energy Coal Transportation Co., Ltd. from its affiliate Gansu Energy Chemical Trading Co., Ltd. for a price of 102 million yuan, enhancing its coal storage and transportation capabilities and addressing industry competition issues [1]. Group 1 - The acquisition will make the coal transportation company a wholly-owned subsidiary of Gansu Energy Chemical [1]. - The coal transportation company was established in September 2022 and is located in the Jiuquan City, Gansu Province [1]. - Its main responsibilities include the construction and operation of a 1 million ton coal storage and distribution base in Yumen, Jiuquan [1]. Group 2 - The operational scope of the coal transportation company includes general cargo storage services, loading and unloading, coal washing and processing, coal product manufacturing, sales of coal and products, electronic weighing services, and leasing of machinery and transportation equipment [1]. - The implementation of this acquisition is expected to enhance the company's coal storage and supply capabilities and integrate the coal, electricity, and chemical industry chain [1].
甘肃能化拟收购甘肃能化煤炭储运公司100%股权