According to the Zhitong Finance APP news, Tiandi Science & Technology (600582.SH) announced that its subsidiary, Shanxi Tiandi Wangpo Coal Industry Co., Ltd. (referred to as "Tiandi Wangpo"), recently put up for sale its 51% stake in Shanxi Zhongmei Kegong Qinnan Energy Co., Ltd. (referred to as "Qinnan Energy") through the Peking Property Exchange. The listing price, determined based on the registered appraisal value, is set at 0.495 billion yuan. After multiple bidding rounds, the highest bidder, Shanxi Coal Transportation and Sales Group Jincheng Co., Ltd., was determined as the buyer of the trade symbol, with a fill price of 2.69 billion yuan. On November 14, 2024, Tiandi Wangpo signed the "Property Transaction Contract" with Shanxi Coal Transportation and Sales Group Jincheng Co., Ltd.

Regarding the asset involved in this trade, the announcement indicates that after its establishment, Qinnan Energy obtained the exploration rights for the "Qinnan Wellfield Coal Mine Detailed Exploration" through the acquisition method. The exploration area is 11.34 square kilometers, and additional exploration work has determined a total resource reserve of 113.41 million tons.

It is reported that this asset sale can effectively activate the company's assets and achieve capital recovery, and the trade is expected to yield financial net gains after completion.