Add Harmony Group Limited holds an 100% indirect equity interest in the Chongsheng coal mine. Mining License is issued to Shanxi Shuozhou Pinglu District Huameiao Chongsheng Coal Co., Ltd valid till 14 Dec 2039.
To thoroughly achieve business transformation, the Group, through its wholly-owned subsidiary Hong Kong Qinfa International Trading Limited, sold the entire equity interest in Perpetual Goodluck Limited on 11 July 2025 to Add Harmony Group Limited, a company wholly owned by Mr. Xu Jihua, the controlling shareholder. This very substantial disposal and connected transaction involved the disposal of the Group’s interests in three coal mines in Shuozhou (80% equity interest) and two coal mines in Xinzhou (100% equity interest) in Shanxi, China.

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