Datong Xinghua United New Energy Co., Ltd. was established in June 2021 with a registered capital of 60 million yuan. It is a new energy investment and industrial management platform jointly invested by Risun Supply Chain Management Limited, Datong Nanjiao Investment Co., Ltd., Datong Yungang Tongyijia Coal Industry Co., Ltd., and Hong Kong United International Investment Development Co., Ltd. The company fully acquired Shanxi Yexin Energy Co., Ltd. in October 2021, with an annual coal washing capacity of 1.8 million tons, and renamed it Datong Xinghua United Coal Preparation Co., Ltd. It has launched the Risun coking coal project of Datong Xinghua United Coal Preparation Co., Ltd., which is fully controlled by Datong Xinghua United New Energy Co., Ltd. The company's project is located in Tashan Circular Industry Park, Yungang Economic and Technological Development Zone, Datong City. It is a coal deep processing industry transformation project, which adopts world-class coal preparation equipment and the latest heavy medium washing technology in China, with an annual input of 12 million tons of raw coal for washing. Its main product is coking coal blending, and its by-product is power coal. The product uses cover metallurgy, electricity, chemical industry, urban gas, railway, building materials and other fields. As the largest single coal preparation enterprise in Datong City, Datong Xinghua United has taken the lead in the coal preparation industry and has been awarded the 2022 Tax Outstanding Contribution Award, Anti-epidemic Outstanding Contribution Award, and Excellent Private Enterprise by the Datong Municipal People's Government.