Zhi Tong Cai Jing·2025-12-19 14:49Group 1 - China Shenhua (601088) announced a revised asset purchase agreement with China Energy Group and Western Energy, excluding the 100% equity of the e-commerce company from the asset scope while maintaining other assets [1] - The company conditionally agreed to acquire 100% equity stakes in several companies, including Guoyuan Power, Xinjiang Energy, and Huagong Company, through a combination of issuing shares and cash payments [1] - The acquisition also includes a 41% stake in Shenyan Coal and a 49% stake in Jinshen Energy, among others, with cash payments for 100% equity of Inner Mongolia Construction Investment held by Western Energy [1] Group 2 - The company plans to issue new A-shares to no more than 35 qualified investors, aiming to raise up to RMB 20 billion, which will be used for cash payments related to the transaction, intermediary fees, and taxes [2] - The number of new A-shares to be issued will not exceed 30% of the total share capital after the completion of the share issuance [2] - The issuance of A-shares is contingent upon the completion of the transaction, while the transaction is not dependent on the completion of the A-share issuance [2]