Where did Xinwen Coal Mine merge?

According to a person from Laigang Group, many industrial groups, financial holding companies and investment companies have contacted Laigang in history and expressed their willingness to buy the shell of Luyin Investment at a suitable price. But Laigang Group has never sold this shell resource for its own development.

At present, the version circulating in Shandong SASAC, Organization Department and Shangang Group is that the shell invested by Luyin is most likely to be sold to Xinwen Mining Group. The reason is that Xinwen Mining Group hopes to become bigger and stronger with the help of the capital market as soon as possible, but the time cost of IPO queuing is too high. Both sides have their own needs and a basis for cooperation. In addition, the coal sector is another main body in Shandong SASAC planning, and the capital operation needs of other sectors are not as urgent as those of the coal sector.