Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-14 02:44Core Viewpoint - The company is undergoing a strategic restructuring involving its controlling shareholder, which is expected to enhance operational efficiency without affecting its normal business activities [1][2]. Group 1: Strategic Restructuring - On September 26, 2025, the company announced the intention of its controlling shareholder to implement a strategic restructuring [1]. - The Henan Provincial Government has decided to restructure Henan Energy Group and China Pingmei Shenma Group [1]. - A framework agreement for the strategic restructuring was signed between the Henan Provincial State-owned Assets Supervision and Administration Commission, Henan Energy Group, and China Pingmei Shenma Group on November 11, 2025 [1]. Group 2: Capital Increase Agreement - On January 13, 2026, the company received a written notice from its controlling shareholder regarding the formal signing of a capital increase agreement [2]. - According to the agreement, the Henan Provincial State-owned Assets Supervision and Administration Commission will increase capital in China Pingmei Shenma Group by transferring 100% equity of Henan Energy Group at fair value [2]. - Following the completion of the capital increase, Henan Energy Group will become a wholly-owned subsidiary of China Pingmei Shenma Group [2]. Group 3: Regulatory Compliance - The strategic restructuring has completed necessary audits and evaluations in accordance with relevant regulations and has received approval from the State Administration for Market Regulation regarding antitrust review [2]. - The restructuring will not significantly impact the company's normal production and operations, nor will it change the controlling shareholder or actual controller of the company [2].