Gansu Energy announced that the company plans to purchase 100.00% of the shares of Gansu Nenghua Jinchang Energy & Chemical Development Co., Ltd. held by the controlling shareholder Nenghua Group through the issuance of shares. The transaction price is 865 million yuan, and 331 million shares are issued at an issue price of 2.61 yuan/share. The transaction still needs to be approved by the competent state-owned assets supervisory and management agency or authorized unit, reviewed and approved by the shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and registered with the consent of the China Securities Regulatory Commission.

Gansu Energy announced that the company plans to purchase 100.00% of the shares of Gansu Nenghua Jinchang Energy & Chemical Development Co., Ltd. held by the controlling shareholder Nenghua Group through the issuance of shares. The transaction price is 865 million yuan, and 331 million shares are issued at an issue price of 2.61 yuan/share. The transaction still needs to be approved by the competent state-owned assets supervisory and management agency or authorized unit, reviewed and approved by the shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and registered with the consent of the China Securities Regulatory Commission.