China Shenhua Energy schedules EGM for major asset acquisition, fundraising

China Shenhua Energy Company Limited will convene its first extraordinary general meeting of shareholders for 2026 on January 23, 2026, at 2:30 PM at the Beijing Guohua Kaiyuan Hotel. Shareholders can also participate in online voting via the Shanghai Stock Exchange's network voting system from 9:15 AM to 3:00 PM on the same day.

The agenda features 20 non-cumulative voting proposals, primarily focusing on the company's plan to issue shares and pay cash to acquire assets. It also includes raising supporting funds through a connected transaction. Key resolutions cover the overall transaction scheme, target assets, transaction parties, pricing, payment methods, and the types, par value, and listing locations of the issued shares. Further proposals relate to the issuance method, subscribers, pricing basis, issue quantity, lock-up period, and arrangements for transitional and undistributed profits.

The agenda also addresses the transaction's compliance with laws and regulations, its nature as a related party transaction, and whether it constitutes a major asset reorganization or relisting. Shareholders will vote on the independence and fairness of the valuation institution and related reports. The board will seek authorization to handle all matters concerning the transaction. Shareholders of record by January 20, 2026, are eligible to attend and vote.