Inner Mongolia Datou Energy acquires assets, adjusts capital, and expands operations

Inner Mongolia Datou Energy Co., Ltd. is undertaking a major asset acquisition, issuing shares and paying cash to acquire 100% equity in Inner Mongolia Baiyinhua Coal-Electricity Co., Ltd. for 1,114,919.19 million yuan, including a post-valuation capital increase of 15,100.00 million yuan. Concurrently, the company will raise up to 450,000.00 million yuan in supporting funds. This transaction aims to enhance asset quality, improve profitability, and align with state-owned enterprise reform.

In related capital adjustments, Inner Mongolia Datou Energy’s subsidiary, Zha Ha Nao Er Coal Industry, completed a gratuitous transfer of 2% equity. Additionally, Inner Mongolia Qinggeer New Energy Development Co., Ltd. and Tongliao Qinggeer New Energy Co., Ltd. reduced their registered capital by 11,022.360235 million yuan to 100,198.086735 million yuan, optimizing capital structure. The company also entered into new entrusted loan agreements with Tongliao New Energy Ecological Construction Co., Ltd. and Hinggan New Energy Co., Ltd., totaling up to 6.5 billion yuan (upper limit) to meet their capital needs. The company adjusted its 2025 operating plan, increasing electricity generation by 3.59 billion kWh, heat supply by 180,000 GJ, and electrolytic aluminum production by 10,000 tons.