Shaanxi Heimao Coking Co., Ltd. (SHSE:601015) acquired the remaining 17.3% stake in Inner Mongolia Heimao Coal Chemical Industry Co., Ltd., from Shaanxi Private Economy High-Quality Development Rescue Fund Partnership Enterprise (L.P.) for approximately CNY 540 million on July 27, 2021. Shaanxi Heimao Coking Co., Ltd., shall pay Shaanxi Private Economy High-Quality Development Rescue Fund Partnership Enterprise (L.P.) the price for the completion of the equity transfer within 5 working days after the entry into force of this agreement. As a result of the transaction, stake of Shaanxi Heimao Coking Co., Ltd., in Inner Mongolia Heimao Coal Chemical Industry Co., Ltd., increased from 82.68% to 100%. This transaction does not require separate deliberation by the board of directors and the general meeting of shareholders. The transaction has been reviewed and approved at the 18th meeting of the fourth board of directors of the company. Shaanxi Heimao Coking Co., Ltd. (SHSE:601015) completed the acquisition of the remaining 17.3% stake in Inner Mongolia Heimao Coal Chemical Industry Co., Ltd., from Shaanxi Private Economy High-Quality Development Rescue Fund Partnership Enterprise (L.P.) on July 27, 2021.