China Energy Engineering Corporation Limited (abbreviated as CH Energy Eng) finalised its private placement of A shares on 1 April 2026, issuing 2.55 billion new shares at RMB2.55 each. Gross proceeds reached RMB6.50 billion.
The placement expands total issued share capital from 41.69 billion to 44.24 billion shares. Within the new structure, 2.55 billion shares (5.76% of the enlarged total) are tradable but subject to a six-month lock-up, while the unrestricted float remains at 41.69 billion shares (94.24%). Public float continues to meet the minimum requirements of Hong Kong Listing Rule 19A.28B(2).
Key subscribers and their commitments: • Shanghai Tunnel Engineering: 1.37 billion shares, RMB3.50 billion • CRRC Capital Holdings: 294.12 million shares, RMB750.00 million • Xuzhou Danren Tongying Management Consulting: 274.12 million shares, RMB699.00 million • SOE Structural Adjustment Fund Phase II: 254.90 million shares, RMB650.00 million • Nuode Asset Management: 130.12 million shares, RMB331.80 million • Individual investor Wang Zixu: 117.65 million shares, RMB300.00 million • BOCOM Life Insurance: 101.96 million shares, RMB260.00 million • China Government Enterprise Cooperative Investment Fund: 3.61 million shares, RMB9.20 million
All allocated shares carry a uniform six-month lock-up period. The company has completed registration and custody procedures with China Securities Depository and Clearing Corporation’s Shanghai Branch.
Comments