神马股份：关于控股股东拟实施战略重组的进展公告

Core Viewpoint - The company announced a strategic restructuring involving its controlling shareholder, with the Henan Provincial Government facilitating the process to enhance operational efficiency and consolidate resources [1] Group 1: Strategic Restructuring - On September 26, 2025, the company released a notice regarding the strategic restructuring of its controlling shareholder [1] - The Henan Provincial Government has decided to implement a strategic restructuring of Henan Energy Group Co., Ltd. and China Pingmei Shenma Group Co., Ltd. [1] - A framework agreement for the strategic restructuring was signed on November 7, 2025, between the Henan Provincial State-owned Assets Supervision and Administration Commission and the two groups [1] Group 2: Financial Implications - The agreement stipulates that the Henan Provincial State-owned Assets Commission will increase capital in Pingmei Shenma Group by using its 100% stake in Henan Energy Group at fair market value [1] - Following the completion of the capital increase, Henan Energy Group will become a wholly-owned subsidiary of Pingmei Shenma Group [1] Group 3: Impact on the Company - Currently, the restructuring does not involve any significant asset restructuring for the listed company and will not have a major impact on its normal production and operational activities [1] - The controlling shareholder of the company remains unchanged, with the actual controller being the Henan Provincial State-owned Assets Commission [1]