Nan Nan Resources Enterprise Limited (Hong Kong SAR, China)

Nan Nan Resources Enterprise Limited is a limited company registered in Bermuda and listed on the Main Board of the Hong Kong Stock Exchange. It is an investment holding company with subsidiaries engaged in coal mining and sales, renewable energy solutions and solar power plant development, and information technology outsourcing, consulting, and technical services. The company's main focus is on coal resource mining. In 2010, it acquired a 100% equity interest in Xingli Fuxin International Investment Limited, indirectly holding equity in two coal mines located in Changji Prefecture, Xinjiang, China through its subsidiary, Mingji Kaiyuan Investment Limited. Mingji owns two wholly-owned subsidiaries: Kailuan Coal Co., Ltd., which operates the Kailuan open-pit coal mine for mining, sales, and distribution, and Zexu Trading Co., Ltd., which held exploration rights for the Zexu open-pit coal mine until its deregistration on February 18, 2022. The company has been exploring new markets and seeking to expand its business scope in the technology and renewable energy industries. In October 2018, the company acquired a 90% equity interest in NEFIN Technologies (Malaysia) Sdn. Bhd., a wholly-owned subsidiary of NEFIN Technologies Limited (a Hong Kong registered company), to further strengthen and expand its innovative and renewable energy business. In April 2019, the company completed the acquisition of an 80.86% equity interest in Hong Kong Sea Holdings Limited, a company and its subsidiaries primarily engaged in information technology outsourcing, consulting, and technical services in Hong Kong, the United Kingdom, Malaysia, and Singapore.