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Business Opportunity
An outstanding China opportunity

High Quality Anthracite by Jiaozuo Coal Group Co., Ltd.

I. Brief introduction:
Jiaozuo Coal Group Co., Ltd., a state-owned enterprise by the People’s Government of Henan Province, has 22 subsidiary companies and 17 branches. With 10 mines and the production of 6,060,000 t/a coal, the company ranks the 33rd among the same industries at home. The output of crude coal was 5,530,000 tons in 2005. The sales revenues were 3.1 billion and 4.3 billion RMB in 2004 and in 2005. The profit & tax were 277 million and 390 million RMB in 2004 and in 2005. By the end of 2005, the company has the total assets of 4.51 billion RMB and the total debt of 2.02 billion RMB. The debt ratio is 44.8%.

II. Cooperative project:
It is inclined to make a total investment of 470.46 million RMB to construct the 600,000 t/a high quality anthracite including foreign capital of 140 million RMB. After the project finished, the production of crude coal will be 600,000 tons annually. The added sales income and profit & tax will be 200 million and 100 million RMB.

III. Forms of cooperation:
Joint venture or cooperation

IV. Ways of contact:
Contact person: Zhang Pingfang
Tel: 0391-3539870
Fax: 0391-3539249
Add: No.239 Middle Jiefang Road, Jiaozuo City, Henan Province, China
P.C: 454002
E-mail: ghfzcghk@sina.com

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