CSEC,China Shenhua(SH:601088) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-19 15:11Core Viewpoint - China Shenhua has announced the acquisition of 12 companies for a total transaction price of 133.598 billion yuan, aimed at enhancing its core business capacity and resource reserves across various sectors including coal, coal power, and coal chemical industries [1][2]. Group 1: Transaction Details - The acquisition involves purchasing 100% stakes in multiple companies, including Guoyuan Power, Xinjiang Energy, and others, with a payment structure of 30% in shares and 70% in cash, amounting to 93.519 billion yuan in cash [1]. - The transaction is expected to optimize the company's entire industry chain layout and create favorable conditions for clean production and profitability enhancement [1]. Group 2: Resource and Earnings Impact - Post-transaction, China Shenhua's coal reserves will increase to 6.849 billion tons, a growth rate of 64.72%, while its recoverable coal reserves will rise to 3.45 billion tons, reflecting a 97.71% increase [2]. - The company's coal production is projected to reach 512 million tons, marking a 56.57% increase, and the earnings per share (EPS) for 2024 is expected to rise to 3.15 yuan, an increase of 6.1% [2]. Group 3: Market Position - As of December 19, China Shenhua's stock price was 40.59 yuan, with a market capitalization of 790.9 billion yuan [3].