Shang Hai Zheng Quan Bao·2025-10-24 21:11Core Viewpoint - China Shenhua Energy Co., Ltd. has announced its third-quarter financial report for 2025, highlighting significant operational and financial developments, including the acquisition of 100% equity in Hanjin Energy from China National Energy Group, which has been integrated into its financial statements. Financial Data Summary - The third-quarter financial report has not been audited [3] - The company completed the acquisition of Hanjin Energy on February 11, 2025, which is reflected in the financial statements [3] - The average selling cost of electricity for the group decreased by 8.0% year-on-year to RMB 327.5 per MWh [11] Shareholder Information - As of the report date, the total number of ordinary shareholders is 207,517, with the controlling shareholder, China National Energy Group, holding 69.58% of the company's issued shares [7] Operational Data - The company reported an increase in coal production costs, with direct production-related expenses accounting for approximately 69% of total costs [9] - The total installed capacity of the group's power generation units reached 48,681 MW, with coal-fired units accounting for 93.2% of the total [9][11] Related Party Transactions - The company has approved a framework agreement for continuous related party transactions with China National Railway Group for the years 2026 to 2028, which does not require shareholder approval [14] - The agreement aims to enhance transportation efficiency and reduce operational risks and costs [30] Internal Control Measures - The company has established comprehensive internal control systems to ensure fair pricing and terms for related party transactions, including a dedicated committee for oversight [33]