Shanxi Jinxing Energy Co., Ltd. was originally a private enterprise jointly funded by Shanxi Tang Rong Investment Management Co., Ltd. and Shanxi Dubao New Energy Co., Ltd. Huadian Coal Industry Group Co., Ltd. increased its capital and shares in Jinxing Company on June 5438+1October 08+February 02, 2008, and officially completed the merger on June 5438+065438+1October 05, 2008. The registered capital of the company is 76.53 million yuan, of which Huadian Coal Industry Group accounts for 5 1%, Shanxi Tang Rong Investment Management Co., Ltd. accounts for 24.5%, and Shanxi Dubao New Energy Co., Ltd. accounts for 24.5%. The company has 20 employees, including four departments: General Management Department, Finance and Assets Department, Planning and Development Department and Coal Mine Engineering Department. The 6.5438+0.8 million tons/year coal-to-methanol project in Xingxian County, Shanxi Province undertaken by Jinxing Company is a "two-zone development" project and a "Eleventh Five-Year Plan" project in Shanxi Province. The estimated total investment of the project is 14 1 billion yuan, including11billion yuan for coal chemical projects and 3 billion yuan for coal mine projects. The total production scale is 6.5438+800,000 tons/year methanol, which will be built in three phases. Supporting the construction of100000 tons/year coal mine, delineating the mine field area of 60.338km, and estimating the mine field reserves1500 million tons. The exploration right was acquired on April 6, 2008.