Workflow
冀中能源完成收购京能锡林能源49%股权

Core Viewpoint - Jizhong Energy has successfully completed the acquisition of a 49% stake in Jingneng Xilin Gol Energy, marking a significant step in its strategic integration and operational phase [1][2]. Group 1: Acquisition Details - The acquisition was approved by Jizhong Energy's board on July 11, 2025, with a cash transaction price of 668 million yuan [2]. - The valuation of the target company was based on an asset-based assessment, confirming the total equity value at 1.374 billion yuan, with the 49% stake valued accordingly [2]. - Jingneng Xilin Gol Energy is a key power enterprise in Inner Mongolia, fully operational since 2023, and plays a crucial role in the "West-to-East Power Transmission" strategy [2]. Group 2: Financial Implications - As of December 31, 2024, Jingneng Xilin Gol Energy reported total assets of 5.498 billion yuan and an owner's equity of 1.117 billion yuan, with projected revenue of 1.401 billion yuan for 2024 [2]. - Jizhong Energy's financial report for the first half of 2025 indicated revenues of 7.293 billion yuan and a net profit of 348 million yuan, suggesting potential for enhanced profitability through this acquisition [3]. - The acquisition is expected to integrate upstream coal resources with downstream electricity markets, creating new profit growth points and improving overall profitability and risk resilience [3].