Why did National Energy Group acquire Yinglite?

There are three reasons for this acquisition:

1, which can give full play to the advantages of the company and develop and expand its power assets.

2. Realize the diversification of related industries, increase new profit growth points, and enter the fields of coal chemical industry, fine chemical industry and new materials.

3. Make full use of the state's policy support to Ningxia Autonomous Region to promote the development of Guodian in Ningxia.

Yinglite Group is a state-owned energy and chemical enterprise controlled by central enterprises. The actual controller is China Guodian Corporation, one of the five largest power generation groups in the central government. The specific holding company is Guodian Power Development Co., Ltd., the core listed company of Guodian Group.