China Shenhua to Inject RMB6 Billion in Group Finance Company Capital Raise
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China Shenhua Energy Co plans a RMB15 billion capital injection into its group finance company, contributing RMB6 billion alongside China Energy's RMB9 billion. This will increase the finance company's registered capital from RMB17.5 billion to RMB32.5 billion, maintaining existing shareholding ratios. The transaction is classified as connected under Hong Kong listing rules, requiring reporting but not independent shareholder approval, aiming to strengthen financial resources without altering control structures.
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