China Shenhua Energy (01088) plans to issue A shares and pay cash to purchase assets from its controlling shareholder, as well as raise matching funds.

China Shenhua Energy (01088) announced that on August 1, 2025, the company received a notice from its controlling shareholder, State Energy Investment Group Co., Ltd. (State Energy Group), regarding the planning of significant matters. Preliminarily, it is considered that the company intends to issue A shares and pay cash to purchase coal, pit coal electricity, coal-to-oil, coal-to-gas, and coal chemical assets held by State Energy Group, and raise supporting funds. According to the "Regulations on Major Asset Restructuring of Listed Companies" and other relevant laws and regulations, this transaction constitutes a related party transaction and is expected not to constitute a major asset restructuring, and will not result in a change in the actual controller of the company. As this transaction is still in the planning stage and uncertainties exist, to ensure fair disclosure of information, protect the interests of investors, and avoid causing abnormal fluctuations in the company's stock price, in accordance with the relevant regulations of the Shanghai Stock Exchange, the company has applied to the Shanghai Stock Exchange to suspend trading of its A shares (Eagle: China Shenhua Energy, stock code: 601088) from the opening of the market on August 4, 2025, for a period not exceeding 10 trading days. According to the notice issued by State Energy Group regarding the planning of significant matters, it is planned for the company to purchase the equity of Guoyuan Power, Chemical Company, Xinjiang Energy, Wuhai Energy, Baotou Mining, Shenyan Coal, Jinshen Energy, Pingzhuang Coal Industry, Inner Mongolia Construction Investment, Coal Marketing Company, Port Company, Shipping Company, and E-commerce Company through the issuance of A shares and payment of cash. The specific plan is yet to be further discussed and confirmed, and the raising of supporting funds will be based on the specific circumstances. As of the date of this announcement, this transaction is still in the planning stage, and the parties to the transaction have not signed a formal agreement.