Jizhong Energy Resources (000937.SZ) issued an announcement to revitalize its Assets and quickly recover funds. The company plans to Hold the mountain...
According to the announcement from Jizhong Energy Resources (000937.SZ), to revitalize Assets and quickly recover funds, the company plans to publicly transfer 90% of its equity in Shanxi Jinen Qinglong Coal Industry Co., Ltd. (hereinafter referred to as "Qinglong Coal Industry" or "symbol company") and the company's debt in Qinglong Coal Industry (hereinafter referred to as "symbol Asset Package") at Hebei Property Market Co., Ltd. The listing price for the symbol Asset Package is 2.116 billion yuan, and the final transfer price will be based on the quoted price.
This transfer of equity and debt of Qinglong Coal Industry aligns with the company's Global Strategy and planning. This Trade is beneficial for the rapid recovery of funds, revitalization of Assets, and maximizing the returns on state-owned Assets. The transfer of equity and debt will be conducted through a public listing and does not harm the interests of the company and the Shareholders, especially the interests of small and medium Shareholders.