Guanghui Logistics announced that the company transferred part of its wholly-owned subsidiary Ningxia Coal Storage and Gansu Jiangmei Logistics's unpaid shares at 0 yuan to the related party Malang Mining Company, a subsidiary of Guanghui Energy, to undertake the pledge funding obligations of 230 million yuan for Ningxia Coal Storage and 112 million yuan for Gansu Jiang Coal Logistics. At the same time, Malang Mining Company increased the capital of Gansu Jiang Coal Logistics by 237.931 million yuan. After the transaction was completed, the company held 54.02% of Ningxia Coal Storage and 58% of Gansu Jiangmei Logistics. It still retained control of the two subsidiaries, and the scope of the consolidated statement remained unchanged. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed and approved by the board of directors of the company and has not met the criteria for review at the shareholders' meeting.

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