China Shenhua receives 8.7 billion coal assets rally 6% today

NetEase Financial December 21 News China Shenhua today announced that the company intends to acquire controlling shareholder Shenhua Group and its subsidiaries hold 10 of coal, electricity and related business companies, the asset acquisition of the transaction price of 8.702 billion yuan.　　Upon completion of this acquisition, the company's coal recoverable reserves will increase from 11.573 billion tons to 14.001 billion tons, the increase of the 20.98%;JORC standard of coal will be sold from 7.394 billion tons to 9.148 billion tons, the increase of 23.72%.　　It is reported that China Shenhua this acquisition of a knife Hai coal mine, water spring open pit coal mine, firewood home ditch coal mine, Li Jia Hao coal mine, open pit coal mine, open pit coal mine continuation area, Baoyan coal mine and third coal mine continuing area, will be able to improve the operation efficiency, reduce the operating cost and increase the company sales income through the company exerting the synergy effect in the coal To sum up, the above 10 assets total 2009 Achieve net profit of 410 million yuan, the purchase price of 8.7 billion yuan simple conversion its static investment cost is about 20 times times.　　In addition, China Shenhua 2009 achieved net profit of 3.027 billion yuan. By acquiring the shares and assets of Shenhua Group's power coal enterprise and the Power Enterprise equity, it can reduce the potential competition between the coal and the company's coal business, and avoid the potential competition with the coal and power business of the company after the construction and commissioning of the proposed coal and power plant projects.　　In addition, through this acquisition, the company will expand its business to the above coal mine area, conducive to the future in these areas to continue to acquire and integrate coal resources.　　China Shenhua today high open 2.22%, after opening volume on the attack, large single frequency Now, the increase was once more than 8%, closed to close to 5.96%, a deal 1.343 billion yuan. NetEase Survey: China Shenhua 30 billion raise capital idle three years asset injection commitment to bubble