Brief introduction of Tengzhou Sheng Yuan Hongda Chemical Co., Ltd., a Sino-Korean joint venture.

Tengzhou Shengyuan Hongda Chemical Co., Ltd., a Sino-Korean joint venture, was established on June 26th, 2009. It is a Sino-foreign joint venture jointly invested by Zaokuang Group, South Korea SK Company and Zaokuang Group Chaili Coal Mine. The registered capital of the Company is RMB 22,265,438+RMB 600,000.