Zhi Tong Cai Jing·2025-12-19 14:14Group 1 - The core point of the article is that China Shenhua (601088.SH) plans to acquire 100% equity stakes in multiple companies from the National Energy Group and West Energy, with a total transaction value of 133.598 billion yuan, enhancing its core business capacity and resource reserves [1] - The acquisition involves 12 target companies across various sectors including coal, coal power, and coal chemical industries, which will optimize the company's entire industry chain layout and improve profitability [1] - The company will issue A-shares and pay cash, with the payment structure being 30% in shares and 70% in cash [1] Group 2 - Following the transaction, China Shenhua's coal reserves will increase to 6.849 billion tons, a growth rate of 64.72% [2] - The company's recoverable coal reserves will rise to 3.45 billion tons, reflecting a growth rate of 97.71% [2] - Coal production is expected to reach 512 million tons, marking a growth rate of 56.57% [2] - The basic earnings per share (EPS) for 2024, excluding non-recurring gains and losses, will increase to 3.15 yuan per share, an increase of 6.10% [2] - For the period from January to July 2025, the EPS is projected to rise to 1.54 yuan per share, an increase of 4.40% [2]