Shanxi Coking Coal Energy Group Co.Ltd(000983) it is proposed to acquire 51% equity of Huajin coking coal and 49% equity of Mingzhu coal with RMB 7.042 billion

Shanxi Coking Coal Energy Group Co.Ltd(000983) it is announced that the company plans to purchase 51% equity of Huajin coking coal held by coking coal group after separation and 49% equity of Mingzhu coal held by Li Jinyu and Gao Jianping by issuing shares and paying cash. The transaction price of 51% equity of Huajin coking coal is 6599.298 million yuan, and the transaction price of 49% equity of Mingzhu coal is 442.6325 million yuan. The proportion of cash payment is 15% of the transaction price, and the proportion of share payment is 85% of the transaction price. The total transaction price is RMB 7.042 billion, and the issue price of shares under the asset purchase by issuing shares and paying cash is RMB 6.21/share. Meanwhile, the company plans to raise supporting funds, which are expected to be no more than 4.4 billion yuan. The main business of the target company is coal mining, processing and sales. After the completion of this transaction, the main business scope of the listed company will not change.