Jingyuan Coal Industry Group Liuhua Chemical Co., Ltd. announced that it will receive CNY 613,971,360 in an equity round of funding on April 14, 2023. The transaction will include participation from existing investor, Gansu Energy Chemical Co., Ltd. to retain its 100% stake in the company. The transaction has been approved at the 20th meeting of the 10th board of directors of its parent, Gansu Energy Chemical Co., Ltd.