Blue Flame Holdings and others have established an energy equipment company in Shanxi.

According to the Qichacha APP, Shanxi Huarui Energy Equipment Co., Ltd. was recently established with a registered capital of 100 million yuan. Its business scope includes manufacturing of specialized equipment for oil drilling and extraction, sales of specialized equipment for oil drilling and extraction, equipment repair, and mechanical equipment leasing. Qichacha's equity penetration shows that the company is jointly owned by Blue Flame Holdings and others.