Ningxia Hongdunzi Coal Industry Co., Ltd. announced that it will receive CNY 862.8 million in equity round of funding on August 20, 2021. The transaction will include participation from existing investor Beijing Haohua Energy Resource Co., Ltd. in accordance to its stake and other investors. The transaction was approved by the 10th session of the 6th directorate and 6th supervisory board of Beijing Haohua Energy Resource Co., Ltd.