China Shenhua Energy finalizes Hangjin Energy acquisition

China Shenhua Energy Company Limited (HKEX: 01088) has signed the Equity Transfer Agreement to acquire 100% of China Energy Hangjin Energy Co., Ltd., as per its January 24, 2025 announcement. This follows the initial connected transaction announcement made on January 21, 2025. The agreement, signed in Beijing, solidifies the acquisition, with principal terms consistent with the prior announcement. The company emphasizes its commitment to regulatory compliance and timely information disclosure throughout the closing and registration processes. Investors are cautioned about inherent investment risks. The board consists of executive directors Mr. Lv Zhiren and Mr. Zhang Changyan, non-executive directors Mr. Kang Fengwei and Mr. Li Xinhua, independent non-executive directors Dr. Yuen Kwok Keung, Dr. Chen Hanwen, and Mr. Wang Hong, and employee director Ms. Jiao Lei.