Shanxi State-Owned Capital Investment and Operation Co., Ltd. entered into an agreement to acquire 5.75% stake in Yangquan Coal Industry (Group) Co., Ltd. (SHSE:600348) from China Cinda Asset Management Co., Ltd. (SEHK:1359) on July 4, 2018. Upon completion, Shanxi State-Owned Capital Investment and Operation Co., Ltd.'s shareholding will increase from 54.03% to 59.78% and China Cinda Asset Management Co., Ltd.'s shareholding will decrease from 40.42% stake to 34.67%.

Shanxi State-Owned Capital Investment and Operation Co., Ltd. cancelled the acquisition of 5.75% stake in Yangquan Coal Industry (Group) Co., Ltd. (SHSE:600348) from China Cinda Asset Management Co., Ltd. (SEHK:1359) on July 4, 2019.