Lu'an EED: Subsidiary purchases coal production capacity replacement indicators, transaction cost approximately 136 million yuan

Lu'an EED announced that its subsidiary Yitian Coal Industry plans to purchase production capacity indicators from Gaohe Energy, Sijiazhuang Coal Industry, and Yangquan Wukuang, totaling 600,000 tons/year, for capacity replacement. The transaction cost is approximately 136 million yuan. This transaction constitutes a related party transaction but does not constitute a major asset reorganization. The transaction has been approved by the board of directors, with related directors abstaining from voting. The purpose of this transaction is to enhance Yitian Coal Industry's production capacity from 1.2 million tons/year to 1.8 million tons/year