Xinhua News Agency, June 5, according to Guangxi Investment Group Co., Ltd., Guangxi Energy Group Co., Ltd. and Guangxi Energy Co., Ltd. were officially established in Nanning on 2 June. Guangxi Energy Group was established by the reform and renaming of Guangxi Guangtou Energy Group Co., Ltd. Guangxi Investment Group holds 82.59% of its shares. Established in June 1988, Guangxi Investment Group is an important main body of investment and financing and state-owned assets management entity in Guangxi. Guangxi Energy Group has a registered capital of 6.097 billion yuan and 105 enterprises under management. By the end of 2022, with total assets of more than 50 billion yuan, the company is the largest local energy enterprise in Guangxi and ranks 23rd among China's top 500th energy enterprises.