Xin Hua Cai Jing·2025-11-12 12:49Core Viewpoint - The acquisition of 100% equity in Zhangye Hongneng Coal Industry Co., Ltd. and Zhangye Hongneng Changsheng Energy Co., Ltd. by Anhui Hengyuan Coal and Electricity Co., Ltd. from Shaanxi Heikou Coking Co., Ltd. has been officially signed, marking a significant expansion in Hengyuan's coal resources and operational scale [1][3]. Group 1: Acquisition Details - The total transaction price for the equity acquisition amounts to 440 million yuan, alongside the assumption of Shaanxi Heikou's debt of 1.137 billion yuan related to the two target companies [3]. - The acquisition includes the Flower Grass Beach Coal Mine, which has an annual production capacity of 1.8 million tons and a resource reserve of 127.0518 million tons as of August 2025 [3]. - Changsheng Energy, established in 2023, operates a coal washing plant with a capacity of 3 million tons per year and a supporting project for comprehensive utilization of gangue [3]. Group 2: Strategic Implications - This acquisition is expected to enhance Hengyuan's resource reserves, expand its main business scale, and promote sustainable development within the coal industry [3].