Why does Guangtou buy Guidong Electric Power?

Improve efficiency. Strategic deployment of Guangxi Investment Group Co., Ltd. In order to adjust and optimize the business segment management and resource allocation of Guangtou Group, Guangtou Group transferred its 85% equity of Guangxi Zhengrun Development Group Co., Ltd. to Guangxi Guangtou Energy Group Co., Ltd. by non-public agreement. After the transaction is completed, Guangtou Energy will directly hold 0/00% equity of Zhengrun Group/KLOC-,which will help straighten out the management relationship and improve management efficiency.