Ganneng Co., Ltd.: Intends to transfer 20% of its stake in Juyuan Coal Industry to Jiangxi Coal Industry through a non-public agreement transfer at 0 yuan.

Ganneng Corporation announced that, in order to further optimize the company's asset structure and focus on the development of core businesses, the company intends to transfer 20% of its equity in Juyuan Coal Industry through a non-public agreement to Jiangxi Coal Industry, with the transfer price of 0 yuan. Upon completion of this transaction, the company will no longer hold any equity in Juyuan Coal Industry.