Development goal of Feicheng Mining Group Co., Ltd.

In recent years, Fertilizer Group has adhered to the strategic plan of "building a new fertilizer mine in five years", vigorously implemented the development idea of "focusing on developing the coal industry and optimizing and adjusting non-coal", and strived to "enlarge, refine and strengthen" the coal industry: Liangbaosi Company with a capacity of 2.4 million tons was completed and put into operation in 2005, and Jiangcang Energy Company was jointly established in Qinghai by No.2 Well of Liangbaosi Coal Mine in Angelababy and Chenmanzhuang Coal Mine. The local coal mine in Zhangjiakou, Hebei Province, the development of coal resources in Guizhou Province and the trust cooperation in Inner Mongolia Coal Mine are being integrated and reorganized. It is estimated that five major coal production bases in old areas, southwest Shandong, Guizhou, Zhangjiakou and Inner Mongolia will be built in 20 15, with a coal production capacity of 22.4 million tons, an output value of 33.2 billion yuan and profits and taxes of 6 billion yuan. Based on the optimization and adjustment of non-coal, with the goal of developing "high-end, high-quality and efficient" aluminizing and coalification industries, we will strive to build three major projects: Youtaishan Aluminum, Pingyin Aluminum and Heze Julong Energy Coal Chemical Industry. A large modern enterprise group with coal as its main industry and aluminum industry and chemical industry simultaneously has begun to take shape.