Shanxi Changzhi Liansheng Coal Industry Investment Co., Ltd. signed equity transfer contract to acquire 39% stake in Shanxi Lu’an Yuanfeng Mining Industry Co., Ltd. from Shanxi Lu'an Environmental Energy Development Co., Ltd. for CNY 350 million.
Shanxi Changzhi Liansheng Coal Industry Investment Co., Ltd. signed equity transfer contract to acquire 39% stake in Shanxi Lu’an Yuanfeng Mining Industry Co., Ltd. from Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) for CNY 350 million on October 9, 2020. After the transfer, Shanxi Lu'an Environmental Energy Development Co., Ltd. will still hold 51% of Yuanfeng Mining.