Brief introduction of Ningxia Baofeng Energy Group Co., Ltd.

Ningxia Baofeng Energy Group Co., Ltd. is one of the large private enterprises in Ningxia with a registered capital of 2 billion yuan. It is a large-scale group company with coal production, processing, utilization, management and sales as the leader and real estate, commercial storage and transportation, warehousing and logistics distribution as the main body. Ningxia Baofeng Energy Group Co., Ltd. actively responded to the call of the Party Committee and government of the autonomous region, gave full play to the advantages of talents, technology and funds, seized the opportunity of developing and building "two most suitable cities" in Ningdong, devoted all its efforts to the construction of the No.1 project of Ningdong Energy and Chemical Industry, and invested about 30 billion yuan in areas A and B of He Lin Comprehensive Industrial Park of Ningdong Energy and Chemical Industry Base to build "Baofeng Energy Circular Economy Industrial Base". The first phase of the project started construction in March 2006, and was put into full operation in June 2009. The second phase started construction in March of 20 1 1 and was fully completed and put into operation at the end of March of 20 13. After the whole project is put into production, the annual sales revenue will exceed 30 billion yuan, which will provide more than 13000 jobs.