Brief introduction of Tiefa Energy Co., Ltd.

Tiefa Energy Co., Ltd. was registered in 2009, and the former Tiemei Group became its holding subsidiary. The company is headquartered in Diaobingshan City, northern Liaoning Province. Tiefa Energy Co., Ltd. is a large-scale diversified coal enterprise focusing on coal production, integrating coalbed methane development and utilization, construction and installation, machinery manufacturing and processing, building materials and electricity. This department is composed of Tiefa, Kangping and Kangbei coalfields, with a total of 2.297 billion tons of proven industrial reserve. By the end of 2008, the remaining industrial reserve was 1.768 million tons. Since 2007, Tiefa Energy Company has implemented the "going out" strategy, moved to Inner Mongolia, marched into Shanxi, and went south to Henan, Anhui, Hunan and other provinces, and made breakthrough progress-through joint venture and cooperation, it has successively won three coal resources in Inner Mongolia and Shanxi, and the accumulated geological reserves of coal resources in Henan and Hunan have exceeded 3 billion tons, making the coal resources controlled by the Group exceed 5 billion tons, laying a solid foundation for strengthening the main coal industry for a long time. The first phase reconstruction and expansion project of Chen Dong Company in Erdos, Inner Mongolia, which is controlled by it, has been completed. In 2008, it produced 440,000 tons of coal, and the second phase expansion project of 6 million tons is under intense preparation.