Sichuan Chuantou Energy parent merger moves forward

Sichuan Chuantou Energy (SSE:600674) announced that the strategic reorganization involving its parent companies, Sichuan Investment Group (川投集团) and Sichuan Energy Investment Group (能投集团), has advanced significantly. Sichuan Energy Development Group (四川能源发展集团) was officially established on February 25, 2025, and a asset transfer and delivery agreement was signed on February 27, 2025. This new entity will assume all assets, liabilities, and responsibilities of the merging entities from the merger date. Following the completion of this merger, Sichuan Energy Development Group will become the controlling shareholder of Sichuan Chuantou Energy, while the ultimate controlling party remains the Sichuan Provincial Government's State-owned Assets Supervision and Administration Commission. The company states its operations are normal and will continue to disclose information as required.