Under the constraint of the AC power flow architecture considering reactive power regulation, the examination of integrated energy distributed transactions among multiple subsystems can promote the research in the field of energy sharing. It is difficult to fully cover the consideration of AC power flow, demand response, integrated energy, and other factors in traditional related research. In response, a study is therefore conducted in this paper on integrated energy sharing in the distribution network. First, this paper introduces the system operation framework of the proposed distribution network model, and explains the interaction between all the players. Secondly, a distribution network power flow model and an integrated energy subsystem model are respectively. In particular, the subsystem model specifically considers new energy, demand response, integrated energy, and other factors. Then, a cooperative game model is constructed based on the cooperative relationship among subsystems in the distribution network system, followed by the analysis of the benefits brought by cooperation to the distribution network and the subsystems themselves. Finally, a distributed solution flow is established for the model based on the Alternating Direction Method of Multipliers (ADMM) algorithm. The results of the example analysis reveal the effectiveness of the model proposed in increasing the degree of energy utilization and further absorbing new energy in the distribution network system, each subsystem can generate up to 12% more absorption capacity than it would otherwise operate separately to accommodate more renewable energy in the distribution system.