It's listed Listed companies can enter the stock exchange to trade shares and issue them to the public. On June 30th, 2023, the shareholders' meeting of Yankuang Energy (600 188) passed the Proposal on Acquisition of 5 1% Equity of Luxi Mining and 5 1% Equity of Xinjiang Nenghua. Yankuang Energy owns 5 1% of Luxi Mining, and has become a major shareholder, controlling Luxi.