Why did Xu Yang Holdings acquire Binhai Energy?

Adapt to the needs of development. Xu Yang Holdings acquired Binhai Energy because it took a fancy to the resources of its listed companies. In order to meet its own development needs, although Xu Yang is listed in Hong Kong, it cannot meet the development needs of Xu Yang due to the poor liquidity of the port city. Its scale and volume may never exceed 20 billion market value. As an industry leader, borrowing coastal resources is more conducive to development.