Zhitong Finance App News, China Shenhua (01088.HK) announced that on October 23, 2026, the board of directors reviewed and approved the acquisition. According to the “Equity Transfer Agreement”, Xinjiang Energy, a wholly-owned subsidiary of the company, plans to buy 50% of the shares of the coal-to-gas company held by Western Energy for about 618 million yuan in cash consideration. After the acquisition is completed, Xinjiang Energy will hold 100% of the shares in the Coal-to-Gas Company. The Coal-to-Gas Company will become an indirect wholly-owned subsidiary of the company and will be included in the scope of the company's consolidated financial statements.

Zhitong Finance App News, China Shenhua (01088.HK) announced that on October 23, 2026, the board of directors reviewed and approved the acquisition. According to the “Equity Transfer Agreement”, Xinjiang Energy, a wholly-owned subsidiary of the company, plans to buy 50% of the shares of the coal-to-gas company held by Western Energy for about 618 million yuan in cash consideration. After the acquisition is completed, Xinjiang Energy will hold 100% of the shares in the Coal-to-Gas Company. The Coal-to-Gas Company will become an indirect wholly-owned subsidiary of the company and will be included in the scope of the company's consolidated financial statements.