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Tongkun Group acquires Xinjiang energy firm, invests in coal mine

June 27, 2025 at 10:08 AM UTCBy FilingReader AI

Tongkun Group Co., Ltd. (SSE:601233) has announced a strategic acquisition and a significant investment aimed at bolstering its energy resources and supporting its core polyester fiber business. The company will acquire 100% equity of Xinjiang Zhongcan Integrated Energy Co., Ltd. for CNY 1,542,726.21 from its parent, Zhejiang Leixin Industrial Co., Ltd., a major shareholder in Tongkun.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601233Shanghai Stock Exchange

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