China Shenhua: Issuance of shares and payment of cash for acquisition of target assets completed transfer of assets.

China Shenhua announced that the company plans to issue A-shares and pay cash to purchase equity stakes in 11 companies held by its controlling shareholder National Energy Investment Group Limited. The company will also acquire 100% equity in Guodian Jiantou Inner Mongolia Energy Co., Ltd. held by National Energy Group's Western Energy Investment Limited, while simultaneously raising supporting funds. As of the announcement date, the relevant equity of the 12 target companies has been transferred and registered under the company's name. The parties involved in the transaction still need to determine the profit and loss attribution during the transition period, and the company also needs to issue shares, pay cash, raise supporting funds, amend the company's articles of association, and so on. Both the independent financial advisor and legal advisor have determined that there are no substantial legal obstacles to the implementation of the subsequent matters.