China Shenhua Energy (SHA:601088, HKG:1088) finalized Thursday an agreement with China Energy Investment for the 15 billion-yuan capital increase of China Energy Finance, according to a same-day filing.
The deal, first proposed in December 2025, will see the listed coal mining company subscribe for 6 billion yuan of China Energy Finance's capital increase. China Energy Investment will take up 9 billion yuan of the offering.
China Energy Finance is owned 60/40 by China Energy Investment and China Shenhua.