On November 18, Gelonghui reported that Acme Intl Hldgs (01870.HK) announced that its subsidiary Shanxi Hehui Energy Technology Co., Ltd. recently obtained the market electricity sales license from the Shanxi Electrical Utilities Trade Center. With the sales license, the group will be able to directly participate in electricity retail trades and green electricity transactions in the Shanxi electrical utilities market, reducing electricity costs for customers. The group is committed to continuously expanding its business in the electrical utilities trade sector to increase market share and promote the expansion of the group's green new energy fund, enhancing the overall interests of shareholders.

In addition, the group's electricity sales business is progressing well in Guangdong, Shandong, Hunan, and Guangxi, and there are plans to further expand the business into other provinces with mature spot markets.