资产百亿能源国企转让股权

Core Viewpoint - The company, Jinneng Holding Shanxi Electric Power Co., Ltd., plans to transfer 51% equity of its wholly-owned subsidiary, Shanxi Tongying Thermal Power Co., Ltd., to Jinneng Holding Jinbei Energy (Shanxi) Co., Ltd. to enhance asset liquidity and financial flexibility [1][3][31]. Group 1: Overview of the Related Transaction - The transaction will be conducted through a non-public agreement transfer [3]. - The transaction has been approved by the company's board of directors and does not constitute a major asset restructuring as per relevant regulations [3][31]. - The related party involved in the transaction, Jinbei Energy, is also a subsidiary under the control of Jinneng Holding Group, establishing a related party relationship [3][4]. Group 2: Details of the Transaction Counterparty - Jinbei Energy was established on October 30, 2023, with a registered capital of 300 million yuan and is focused on developing a comprehensive energy demonstration base in the coal subsidence area of Jinbei [4][5]. - The company is not listed as a dishonest executor [6]. Group 3: Details of the Transaction Target - The target of the transaction is the 51% equity stake in Shanxi Tongying Thermal Power Co., Ltd., which is currently in the construction phase and has not yet commenced production or sales [7][12]. - The financial status of Shanxi Tongying Thermal Power shows total assets of 333,798.67 million yuan and total liabilities of 282,367.05 million yuan as of June 30, 2025 [14][15]. Group 4: Valuation and Pricing of the Transaction - The valuation of the 51% equity stake is set at 26,569.14 million yuan, based on an assessment report from Beijing Zhongqi Hua Asset Appraisal Co., Ltd. [20][22]. - The assessment indicates a net asset value of 52,096.35 million yuan for the company, with a valuation increase of 1.29% for the equity stake being transferred [19][20]. Group 5: Purpose and Impact of the Transaction - The transaction aims to accelerate project construction and improve cash flow for the company, thereby alleviating financial pressure and enhancing asset liquidity [31]. - The transaction is expected to have no adverse effects on the company's ongoing operations, financial condition, or independence [31]. Group 6: Independent Director's Opinion - The independent directors have unanimously agreed that the transaction aligns with the company's operational needs and adheres to principles of fairness and transparency [33].