Jiufeng Energy: Promote Energy Group, a wholly-owned subsidiary of Jiufeng Energy, intends to transfer 50% of its shares in Fenghong Energy to Qinghua Feng Energy for RMB 130 million.
Jiufeng Energy Announcement: Jiufeng Group, a wholly-owned subsidiary, plans to transfer 50% equity of Fenghong Energy held by it to Qinghuafeng Energy at a price of 130 million yuan.
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