en.Wedoany.com Report on Mar 28th, Recently, the equity transfer of 100% stake in Inner Mongolia Taimei Company by Shandong Energy Group Inner Mongolia Company, a subsidiary of China's Shan Neng Group, has entered the actual delivery stage. This transaction was concluded at 3.05001 billion yuan, representing a 355% premium over the assessed reserve price of 670 million yuan. It set a record for premium on coal asset transfers and became a landmark achievement in implementing Shan Neng Group's strategy of "slimming down and strengthening the body."

As the development and operation entity for a coal mine project, the transfer process for Inner Mongolia Taimei Company began in 2025. On December 30, 2025, the 100% equity and related assets of Inner Mongolia Taimei Company held by Shandong Energy Inner Mongolia Company were publicly listed on the Shandong Property Rights Exchange Center with an assessed reserve price of 670 million yuan. Following the announcement, multiple interested parties participated, and online bidding commenced on January 30, 2026. After 152 rounds of intense competition, the final transaction price was locked at 3.05001 billion yuan. This represents a 33.6-fold increase over the net book assets of 88 million yuan and a 389% premium over the assessed value of 624 million yuan.

This outcome reflects the market's recognition of the value of high-quality coal assets. The operational head of Shandong Energy Inner Mongolia Company stated: "This coal mine is located in the core mining area of Ordos, possessing stable production capacity and considerable profit potential (with a net profit of 224 million yuan in the first 11 months of 2025). Furthermore, its scarce mining rights attribute further elevated the asset value." Currently, the transaction parties have signed the equity transfer contract, and follow-up work such as asset delivery is progressing orderly. Completion is expected within 3 months to ensure a smooth transition in production and operations.

This equity transfer is a key initiative by Shandong Energy Inner Mongolia Company to implement Shan Neng Group's strategy of "focusing on core responsibilities and main businesses, and optimizing resource allocation." Zhang Wei, Party Secretary and Chairman of Shandong Energy Inner Mongolia Company, stated: "Enterprise resources are limited, and we must allocate the highest-quality resources to the development of our main business. Although this coal mine has stable production capacity, it has shortcomings in terms of intensive and intelligent mine construction and strategic synergy with high-end coal products. The transfer is intended to better focus on core business." In recent years, Shan Neng Group, as a large-scale energy enterprise in Shanxi Province, has focused on its core responsibilities and main businesses, continuously exerting efforts in areas such as industrial structure adjustment and optimization of asset structure.

During the asset disposal process, Shandong Energy Inner Mongolia Company fully leveraged market mechanisms through the public platform of the Shandong Property Rights Exchange Center. Zhang Minghui, General Manager of Shandong Energy Inner Mongolia Company, explained: "The transaction process strictly adhered to the principles of openness, fairness, and justice. From asset listing and information disclosure to the bidding results, the entire process was subject to public supervision, ensuring the standardization of asset disposal." To maximize asset value, the company conducted thorough market research and precise decision-making analysis before listing. The effective revitalization of the coal mine's 3.05 billion yuan in assets provides replicable experience for the coal industry in disposing of non-core assets and demonstrates the exemplary role of state-owned enterprises in optimizing resource allocation.