China Shenhua receives billions of dollars in capital injections

China Shenhua a A-share market in 2007, Shenhua Group is to propose "mature one, inject a family" of the injection of capital deployment.　　The injection of assets to China's Shenhua shareholders to provide a higher quality of assets assurance, means that Shenhua Group's overall listing strategy has made substantial progress. On the December 20, China Shenhua released a linked transaction announcement to buy its parent assets, and the market's long-awaited asset infusion has finally unveiled its veil, and the company's listing process has taken a big step forward.　　According to the reporter understands, the capital injection will involve the Shenhua group's 10 companies ' main operating assets and equity, injected total assets reached 20.8 billion yuan, far more than the previous injection scale.　　From this injection, the group in the support of listed companies in the integration of coal resources and development of spare no effort, can not help other listed coal enterprises exceptionally "jealous." In addition, the integration of coal-electricity synergy is the acquisition of a major bright spot. Reporter noted that the acquisition of the first phase of the purchase of 2 600,000-kilowatt power plant has been officially launched in December this year, is adjacent to the Shen Bao company open pit coal mine power station, power station power generation use of coal will all from the acquisition of the company produced lignite, through the belt transport directly into the Hang Hau power plant. At the same time, the main lignite raw material processing of clean Coal Company is also adjacent to the company's coal mine, after the production of the required coal resources will also be provided by the company.　　2 Group of Clean Coal Company annual production capacity of 500,000 tons/year of Lignite extraction industry test project for the first large-scale coal extraction industrialization test project, is currently in the system to eliminate the lack of transformation and commissioning. To this, a senior industry personage analyzes to the Reporter: "This arrangement's synergy effect is very obvious." On the one hand, clean coal companies, call the company needs of coal to be a strong guarantee, can reduce coal procurement, construction of coal and other aspects of investment, and the company produced a short coal transport, in the coal purchase price advantage obvious; On the other hand, by effectively improving the quality of lignite, the export radius of lignite increased, Shen Bao Company's lignite industry will be further development, profitability will be further enhanced. In addition, this injection reflects the Shenhua group's full support for the long-term and stable development of listed companies.　　In the injection of coal power industry assets at the same time, Shenhua Group also developed more mature materials companies, Tianhong company and other upstream and downstream enterprises into the listed companies to provide a full set of support for listed companies to further enhance its overall competitiveness and achieve sustainable development. (Responsible editor: Cao Shu)