China Coal Xinji Lixin Power Generation Co., Ltd. announced that it will receive CNY 508,200,000 in a round of funding on August 30, 2022. The company will issue common shares in the transaction. The transaction will include participation from returning investors An Hui Wenergy Company Limited for CNY 228,690,000 and China Coal Xinji Energy Co.,Ltd for CNY 279,510,000 to retain 45% and 55% stake respectively in the company.

The investors have invested in the proportion of their holdings. The transaction was approved at the seventeenth meeting of the tenth session of the board of directors of An Hui Wenergy Company Limited and in the ninth meeting of the tenth board of supervisors of An Hui Wenergy Company Limited.