Core Viewpoint - Anyuan Coal Industry (600397.SH) is undergoing a significant asset restructuring, transitioning from coal mining and port transportation to focusing on magnetic separation equipment development and comprehensive mining solutions [2][3]. Group 1: Asset Restructuring - The company will exchange all assets and liabilities, except for cash reserves of 62.9472 million yuan, tax payable of 2.5142 million yuan, and short-term loans of 115 million yuan, for a 57% stake in Ganzhou Jinhui Magnetic Separation Technology Equipment Co., Ltd. from Jiangxi Jiangtong Holdings, with a transaction value of 647 million yuan [2]. - The cash difference will be supplemented to complete the transaction [2]. Group 2: Business Transformation - Post-restructuring, Anyuan Coal will completely exit the coal mining and port transportation sectors, shifting its main business focus to magnetic separation equipment and mining solutions [3]. - The company is considering a name change to reflect its new business direction, potentially incorporating themes related to "magnetic separation" or "mining equipment" [3]. Group 3: Future Strategy and Goals - Anyuan Coal plans to leverage its listing platform to seek integration opportunities with high-quality assets along the industry chain after the restructuring [3]. - The company aims to enhance management efficiency and strengthen its technological advantages, particularly with the SLon series magnetic separators, which hold a leading position globally [4]. - The core objective for the next 2-3 years is to focus on strengthening the magnetic separation equipment business and increasing revenue and market value [4].

Group 1 - The company held an investor briefing on August 6, 2025, regarding its major asset restructuring, which was conducted via the Shanghai Stock Exchange's online platform [1][2] - Key representatives from the company, including the chairman and independent directors, participated in the briefing to address investor concerns [2] Group 2 - Investors inquired about the potential renaming of the company post-restructuring, with the company indicating that it would consider a name change based on strategic development and regulatory compliance [3] - The company confirmed that after the asset swap, it would exit the coal and port transportation businesses, focusing instead on magnetic separation equipment and mining solutions [3][4] - The company plans to leverage its platform to seek quality asset integration opportunities and strengthen cooperation within the industry chain [3] Group 3 - The company is expected to complete the asset restructuring process and will disclose further information regarding its future performance and strategic plans after the necessary approvals [4] - The company aims to enhance its core competitiveness and market recognition through improved management efficiency and communication with investors [4]