Yunnan Shizong Ronghang Coal Industry Co., Ltd. agreed to acquire Shizong County Wuyi Coal Mine, Shizong County Dashe Coal Mine and Shizong County Walu Coal Mine from Yunnan Coal & Energy Co.,Ltd. (SHSE:600792) for CNY 720 million on July 11, 2023. The transaction has been approved by the board of Yunnan Coal & Energy.