The largest IPO deal for industrial enterprises listed in HKEx
The Company exclusively undertook the overall restructuring and overseas listing project of large central enterprise Shenhua Group. The group is currently largest coal company domestically, and its appraisal project involved assets of more than RMB 100 billion and covered five industries: coal, electric power, rail transport and ports. On June 15, 2005, China Shenhua Energy Company Limited was successfully listed on the Hong Kong Exchanges and Clearing Limited, raising nearly USD 3 billion.
Coal enterprises IPO or major reorganization projects, undertaken by CEA, accounts for 90% of the total number of projects of domestic coal enterprises. Notably, CEA exclusively undertook the IPO of Zhengzhou Coal & Electric Co., Ltd., which is China’s first listed company as for state-owned key coal enterprises. Other appraisal projects include: Yitai Coal, Lu’an Environmental Energy Development, Lanhua Coal, Longmay Mining Holding Group, Yongcheng Coal, Jining Mining Group and Shanxi Jincheng Coal Industry, etc.