Jilin Chengda Hongsheng Energy Co., Ltd. Background

The cooperation between Liaoning Chengda and Fukuang Group can be described as strong alliance and complementary advantages. Liaoning Chengda is a comprehensive listed company with international trade, pharmaceutical chain, biopharmaceuticals, energy development, financial investment, commercial investment and multi-industry coordinated development. Fuxin Coal Mine is one of the earliest important coal energy production bases in China. Fuxin Mining (Group) Co., Ltd. is an influential and powerful state-owned super-large coal enterprise in China, with strong professional technical force and rich experience in coal mining and deep processing.

Chengda Hongsheng Oil Shale Development Project is a key investment attraction project in Jilin Province. Jilin provincial government has listed this project as a provincial key construction project and a provincial demonstration project for comprehensive development of oil shale, and has given strong support.

The company plans to invest 5.7 billion yuan for the comprehensive development project of oil shale resources. The project adopts a "four in one" comprehensive development model integrating mining, oil refining, power generation and building materials. After production, the annual output of oil shale is 6 million tons and 500,000 tons. It can also provide heating and power generation for the whole city.