GANSU EC plans to acquire 100% equity of GANSU EC Coal Storage and Transportation Company
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GANSU EC announced plans to acquire 100% equity of GANSU EC Coal Storage and Transportation Company, with an acquisition price of 102 million yuan. The storage and transportation company will become a wholly-owned subsidiary, mainly responsible for the construction and operation of the 1 million tons coal storage and distribution base in Jiuquan and Yumen. This acquisition will enhance the company's coal storage and transportation and supply capabilities, integrate the coal-electricity-chemical industry chain, and address issues of competition within the industry
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