Core Viewpoint - China Coal Energy Co., Ltd. has acquired a 30% stake in a renewable energy company, enhancing its portfolio in the renewable sector and increasing its overall market value [1]. Group 1: Stock Performance - As of October 27, 2025, China Coal Energy's stock closed at 13.75 CNY, up 3.62% from the previous trading day, with a total market capitalization of 182.31 billion CNY [1]. - The stock opened at 13.1 CNY, reached a high of 14.09 CNY, and a low of 12.82 CNY, with a trading volume of 9.64 billion CNY and a turnover rate of 0.77% [1]. Group 2: Acquisition Details - The company’s wholly-owned subsidiary, Pinglu Group, has signed a share transfer agreement to acquire a 30% stake in a renewable energy company for 114.93 million CNY [1]. - Following the transaction, the renewable energy company will become an indirect wholly-owned subsidiary of China Coal Energy [1]. - The transaction is classified as a related party transaction but is exempt from independent shareholder approval due to a percentage rate below 5% [1]. Group 3: Valuation and Assessment - The valuation date for the renewable energy company's total equity is August 31, 2025, with an assessed value of 383.10 million CNY, reflecting an 8.26% increase over its book value [1]. - The assessment was conducted using the income approach, based on a discounted cash flow model [1]. - The board of directors considers the transaction terms to be fair and in the overall interest of the company and its shareholders [1].