Anhui Hengyuan Coal and Electricity Sales Co., Ltd. announced that it will receive CNY 120 million in an equity round of funding on April 25, 2024. The transaction include the participation from returning investor Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd., hold 100% stake in the company. The transaction has been approved at the 8th meeting of the 8th Board of Directors of the company.