Guizhou Hengpu Coal Industry Co., Ltd. announced that it will raise CNY 492,385,000 in an equity round of funding on August 12, 2022. The transaction will include participation from returning investor, Guizhou Panjiang Refined Coal Co.,Ltd. The transaction was approved in the 6th interim meeting of the 6th board of directors of the company in 2022. After the transaction, the companyÆs registered capital will be changed from CNY 408,888,900 to CNY 875,208,900, and the company's shareholding ratio will increase from 90% to 95.33%.