We are a producer of anthracite coal based in Guizhou province of the PRC. We are primarily engaged, through our wholly owned and majority-owned subsidiaries, in the acquisition, construction and development of anthracite coal mines and the extraction and sale of anthracite coal. Our mining assets consist of four underground anthracite coal mines in Guizhou province, which have all commenced commercial production.

Owing to our close relationships with governmental organizations at different levels and various geological surveying institutions, we are able to acquire high value-adding exploration rights/ mining projects at lower costs, thus consolidating our leading position in the anthracite industry.

With the advantage of competent technical and management team, our Company aims to become an anthracite industry leader and consolidator in China.

OUR STRENGTHS

• Anthracite is a relatively scarce and valuable resource

• Our high quality coal reserves

• We are located in Guizhou province, which has one of the largest anthracite coal resources in the PRC

• We are well-positioned to capitalize on industry consolidation opportunities in Guizhou

• Experienced management team

BUSINESS STRATEGIES

• Achieve profitability through sales of higher margin chemical and PCI coal and increasing our production output

• Strengthen our sales and marketing networks

• Create a more vertically integrated business

• Enhance our operational efficiency and cost control

• Enhance the environmental and occupational health and safety standards of our operations

• Increase our anthracite coal production capacity in the long-term through mine optimization plans and acquisitions of high quality anthracite coal mines