Summary by Moomoo AI
Shenhua Energy Corporation of China (“Shenhua China”) announced on 19 April 2024 that its controlling shareholder, National Energy Investment Group Limited (“National Energy Group Company”), through its wholly-owned subsidiary National Energy Group Capital Holdings Limited (“Capital Holdings”), as of 2023 From 20 June to 19 April 2024, 11,593,528 shares of A shares of Shenhua China have been cumulatively increased through the centralized bidding method of the Shanghai Stock Exchange, representing 0.0584% of the total issued shares, an increase of approximately RMB $36.53 billion. The move is based on confidence in the future development of Shenhua China and the long-term investment value, and is planned to increase to not less than RMB 5 billion and not more than RMB 6 billion within 12 months, with a price not exceeding RMB33.10/share. Currently...Show More