Shanxi Meijin Energy (000723.SZ) disclosed the major asset restructuring and related party transaction plan to issue shares for asset acquisition...
Zhixun Finance APP, Shanxi Meijin Energy (000723.SZ) disclosed the major asset restructuring and related party transaction plan. The company intends to purchase 51% equity of Jinyuan Coal Mine held by Meijin Group, 49% equity of Zhengwang Coal Industry held by Shanxi Hongchi, and 49% equity of Zhengcheng Coal Industry held by Shanxi Suyang through share issuance. The audit and evaluation of the target assets have not been completed, and the evaluation value and transaction price have not been determined yet. The share issuance price for the purchase of assets is 3.61 yuan per share.
The announcement indicates that before the transaction, the company was mainly engaged in the production and sales of commodities such as coal, coking, natural gas, chemical products, hydrogen fuel cell vehicles, and other new energy vehicles. The target assets of this transaction are 51% equity of Jinyuan Coal Mine, 49% of Zhengcheng Coal Industry, and 49% of Zhengwang Coal Industry. Jinyuan Coal Mine, Zhengcheng Coal Industry, and Zhengwang Coal Industry's main business is coal mining and sales, consistent with the listed company's main coal business.
It is reported that this transaction will help the company consolidate its industry position, enhance core competitiveness, achieve complementary and strengthening of the integrated industrial chain of 'coal-coking-gas-chemical-hydrogen,' enhance high-quality coking coal reserves, further solidify the development foundation of the main business, and promote the overall operational performance improvement of the company.