---
title: "Huaihe Energy: Plans to issue shares and pay cash to acquire 89.30% equity in the Power Group"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262440454.md"
description: "Huaihe Energy announced that the company plans to acquire 89.30% equity of Huaihe Energy Power Group held by its controlling shareholder Huainan Mining through the issuance of shares and cash payment, which constitutes a major asset restructuring and related party transaction, without leading to a change in the actual controller, and does not constitute a restructuring listing. The company previously received an inquiry letter from the Shanghai Stock Exchange and disclosed draft documents and other materials. Compared to the draft, the draft has revised and improved several chapters, including definitions, transaction overview, and transaction parties"
datetime: "2025-10-23T12:38:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262440454.md)
  - [en](https://longbridge.com/en/news/262440454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262440454.md)
---

# Huaihe Energy: Plans to issue shares and pay cash to acquire 89.30% equity in the Power Group

Huaihe Energy announced that the company plans to acquire 89.30% equity of Huaihe Energy Power Group held by its controlling shareholder Huainan Mining through the issuance of shares and cash payment, which constitutes a major asset restructuring and related party transaction, without leading to a change in the actual controller, and does not constitute a restructuring listing. The company previously received an inquiry letter from the Shanghai Stock Exchange and disclosed draft documents and other materials. Compared to the draft, the draft has revised and improved content in multiple chapters, including definitions, transaction overview, and transaction parties

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