Henan Shenhuo Coal & Power Co.,Ltd agreed to acquire a 14.85% stake in Yunnan Shenhuo Aluminum Co., Ltd. from Shangqiu Xinfa Investment Co., Ltd. and Henan Asset Shangfa Shenhuo Green Development Fund (Limited Partnership) for CNY 1.4 billion.

Henan Shenhuo Coal & Power Co., Ltd. specializes in the production and marketing of coal and aluminum. Besides, the group develops a production and distribution of electricity activity. The activity is organized around three sectors: - sale of aluminum and alumina; - coal and coke production; - other: including electricity generation and distribution and asset management.