Zhi Tong Cai Jing·2025-10-30 02:07Core Viewpoint - China Merchants Energy (中远海能) shares rose over 9% following the announcement of a proposed acquisition of Shanghai Liquefied Gas, which is expected to enhance the company's operational performance and profitability in the long term [1] Group 1: Acquisition Details - On October 28, China Merchants Energy announced a proposed acquisition involving the purchase of 100% equity of Shanghai Liquefied Gas for RMB 598 million [1] - The acquisition will be executed through Dalian Haineng, a wholly-owned subsidiary of China Merchants Energy, which will pay the total transaction price within five working days after the agreement takes effect [1] - The acquisition is subject to the terms and conditions outlined in the equity transfer agreement [1] Group 2: Strategic Implications - Following the completion of the acquisition, the LPG transportation business assets already in operation will be further integrated into the listed company’s system, facilitating the development of significant future projects [1] - The company anticipates that the acquisition will increase net profit attributable to the parent company's shareholders, positively impacting overall operational performance and enhancing sustainable operational capabilities [1]