Kailuan Energy Chemical Co.,Ltd. (SHSE:600997). agreed to acquire Tangshan Kailuan Linxi Mining Co., Ltd. from Kailuan(Group) Limited Liability Corporation for CNY 1.2 billion on April 21, 2022. On April 21, 2022, the 4th session of the Kailuan Energy Chemical's 7th directorate approved this transaction. Transaction is subject to completion of Kailuan Energy Chemical's shareholders. As of May 19, 2022, Kailuan Energy Chemical's shareholder approved the transaction. For the year ended 2021, Tangshan Kailuan Linxi had total assets CNY 994.6922 million of total assets, 651.8917 of Owner's equity, 900.1325 million of Revenue, CNY 111.384 million of Net Profit.