Core Viewpoint - Huaihe Energy has received approval from the China Securities Regulatory Commission to issue shares for the acquisition of an 89.30% stake in Huaihe Energy Power Group, indicating a strategic move to enhance its asset portfolio and operational capacity [1]. Group 1: Stock Performance - As of November 24, 2025, Huaihe Energy's stock closed at 3.62 yuan, reflecting a 0.28% increase from the previous trading day [1]. - The stock opened at 3.64 yuan, reached a high of 3.68 yuan, and a low of 3.59 yuan, with a trading volume of 1.87 billion yuan and a turnover rate of 1.32% [1]. Group 2: Regulatory Approval - On November 21, 2025, the company received a registration approval from the China Securities Regulatory Commission for the issuance of 3,280,531,105 shares to acquire the aforementioned stake [1]. - The approval is valid for 12 months from the date of issuance, during which the company is required to complete relevant procedures and fulfill information disclosure obligations [1].
淮河能源(600575)披露发行股份及支付现金购买资产获证监会同意注册批复,11月24日股价上涨0.28%