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CHINA SHENHUA (01088.HK) Controlling Shareholder Increases Stake by 11.954M A-shrs in Last 6 Mths
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CHINA SHENHUA (01088.HK) announced that from 20 October 2023 to 19 April 2024, China Energy Capital Holdings (Capital Holdings), a wholly-owned subsidiary of China Energy Investment Corporation Limited (China Energy), has acquired a cumulative total of about 11.5935 million A shares of the company by way of centralized bidding through the trading system of the Shanghai Stock Exchange, accounting for 0.0584% of the total number of issued shares of the company.

The total investment amounted to approx. RMB365 million, representing 73.1% of the lower limit of RMB500 million set for the shareholding increase plan. Capital Holdings will continue to acquire the Company’s shares as and when appropriate in accordance with the shareholding increase plan.

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As of the date of this announcement, China Energy directly held 13.813 billion A shares of the company and indirectly held 11.59352 million A shares of the company through Capital Holdings, and its direct and indirect holdings of A shares account for 69.5789% of the total number of issued shares of the company.

The implementation of the shareholding increase plan will not result in the distribution of the company’s shares failing to meet the listing conditions, nor will it result in any change in the controlling shareholder and de facto controller of the company.

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