Guanghui Energy Co Ltd has made strategic moves to enhance its corporate governance and financial position, positioning the company for growth in China’s evolving energy market.

Guanghui Energy Co Ltd’s controlling shareholder has announced a strategic sale of 15.03% of the company’s shares to Fude Life Insurance and Fude Financial Holdings, aiming to attract long-term investors and enhance competitiveness.

Guanghui Energy Co Ltd has announced a significant change in ownership, selling a 15.03% stake to Fude Life Insurance and Fude Financial Holdings for approximately 62 billion CNY, marking a pivotal moment for the company’s growth and competitiveness.