Pingzhuang Energy announced on January 17 that the company plans to convert shares to merge Inner Mongolia Pingzhuang Energy. At the same time, Pingzhuang Energy plans to sell all or part of its assets and liabilities to China Energy Investment Corporation (CHN Energy) Inner Mongolia Electric Power Co., Ltd., a wholly-owned subsidiary of CHN Energy, or other subsidiaries of CHN Energy. Meanwhile, Longyuan Power Group plans to purchase some new energy business assets held by other subsidiaries of CHN Energy in cash.