China Railway Hohhot Bureau Group Co., Ltd. completed the acquisition of an additional 51% stake in Inner Mongolia Yitai Huzhun Railway Co., Ltd. from Inner Mongolia Yitai Coal Co.,Ltd. for CNY 6.3 billion.
China Railway Hohhot Bureau Group Co., Ltd. agreed to acquire an additional 51% stake in Inner Mongolia Yitai Huzhun Railway Co., Ltd. from Inner Mongolia Yitai Coal Co.,Ltd. (SHSE:900948) for CNY 6.3 billion on September 29, 2025. A cash consideration of CNY 6.28 billion will be paid by China Railway Hohhot Bureau Group Co., Ltd. As part of consideration, CNY 6.28 billion is paid towards common equity of Inner Mongolia Yitai Huzhun Railway Co., Ltd. Upon completion, China Railway Hohhot Bureau Group Co., Ltd. will own 51.32% stake in Inner Mongolia Yitai Huzhun Railway Co., Ltd. After the equity transfer, the company will still hold 21.6569% of the equity interest in Inner Mongolia Yitai Huzhun Railway Co., Ltd.
As of June 30, 2025, Inner Mongolia Yitai Huzhun Railway Co., Ltd. reported total assets of CNY 10.13 billion and total common equity of CNY 8.81 billion.
China Railway Hohhot Bureau Group Co., Ltd. completed the acquisition of an additional 51% stake in Inner Mongolia Yitai Huzhun Railway Co., Ltd. from Inner Mongolia Yitai Coal Co.,Ltd. (SHSE:900948) on May 12, 2026.
Inner Mongolia Yitai Coal Co Ltd is a China-based company principally engaged in the production, transportation and sale of coal. The Company primarily operates its businesses through three segments. The Coal segment is mainly engaged in production and sales of coal products, with the main product being environmentally friendly thermal coal. The Coal Chemical segment is mainly engaged in production and sales of coal chemical products, with the main products covering Fischer-Tropsch crude liquid wax, naphtha, Fischer-Tropsch refined wax, liquefied petroleum gas and mixed olefins. The Transportation segment mainly provides railway and road transportation services. The Company mainly conducts its businesses in the domestic market.
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China Railway Hohhot Bureau Group Co., Ltd. completed the acquisition of an additional 51% stake in Inner Mongolia Yitai Huzhun Railway Co., Ltd. from Inner Mongolia Yitai Coal Co.,Ltd. for CNY 6.3 billion.