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Guizhou Panjiang Refined Coal (600395.SH): intends to give up the commercial opportunities to participate in the capital increase project of guizhou能发.
Gelonghui November 29th, Guizhou Panjiang Refined Coal (600395.SH) announced that the company recently received a letter from the controlling shareholder Guizhou Energy Group Co., Ltd. (referred to as "Guizhou Energy Group") soliciting opinions on the proposed capital increase project of Guizhou Nengfa Power Fuel Development Co., Ltd. In order to firmly focus on the main business, strengthen and expand the coal industry, promote the strategic adjustment of Guizhou Energy Group's coal industry structure, and provide strategic and fundamental energy support for the industrial development of the province, Guizhou Energy Group intends to participate in Guizhou Nengfa Power Fuel Development Co., Ltd. (referred to as "Guizhou" disclosed on the Beijing Property Exchange )
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