China Shenhua (01088.HK) will no longer acquire 100% stake in the e-commerce company held by the State Energy Group.

Zhixin Finance APP News, China Shenhua (01088.HK) announced that on December 19, 2025, the company entered into a "Supplementary Asset Purchase Agreement" with China National Energy Group Corporation and Western Energy. Under this agreement, (i) the scope of target assets under this transaction has been revised and no longer includes the 100% equity of the e-commerce company held by China National Energy Group Corporation, with the remaining target assets remaining unchanged; and (ii) certain terms of this transaction (including transaction consideration and payment arrangements) have been further revised and supplemented.