
Blue Flame Holding's subsidiary has obtained the coalbed methane exploration rights for the Fazhong Block in the Qinshi Basin of Shanxi Province

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Blue Flame Holding's wholly-owned subsidiary Shanxi Blue Flame Coalbed Methane Group Co., Ltd. successfully won the coalbed methane exploration rights for the Fazhong Block in the Qinshi Basin of Shanxi Province, with a transaction amount of 201 million yuan. The announcement for the listing and transfer of this exploration right was issued by the Shanxi Provincial Department of Natural Resources on September 11, 2025, and the bidding was completed on October 31, 2025
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