Brief introduction of Shanxi Meijin Energy Group Company

Meijin Energy Group Co., Ltd. (hereinafter referred to as Meijin Group) signed an equity transfer agreement with Xuji Group Co., Ltd. on April 15, 2004 to acquire Fuzhou Tianyu Electric Co., Ltd., and went through the equity transfer formalities on September 29, 2004. Meijin Group holds 410.5 million shares, accounting for 297.75%. Meijin Group took this opportunity to set up Shanxi Meijin Coking Co., Ltd. with all the assets of 6,543.8+00,000 tons coking production line, and then made a major asset replacement for 90% of the company's equity held by Meijin Group with all the assets of Tianyu Electric, which was approved by China Securities Regulatory Commission on June 4, 2007, and passed at the first extraordinary shareholders' meeting and the related meeting of share-trading reform on February 5, 2007. Through the implementation of major asset replacement and non-tradable share reform, Tianyu Electric became an energy enterprise, and officially changed its name to Shanxi Meijin Energy Co., Ltd. on September 20, 2007, with stock code 000723.

Shanxi Meijin Energy Group Co., Ltd. is one of the largest coking enterprises in China and the largest producer and seller of commercial coke in China. It is a group holding company focusing on comprehensive utilization of energy, urban infrastructure, building materials, metallurgy and electric power. Founded in 1982, the company is headquartered in Taiyuan, Shanxi, China. It has passed the double certification of ISO900 1 International Quality Management System and ISO 1400 1 International Environmental Management System. The business involves nine fields, such as raw coal mining, clean coal, coke, gas, coal chemical industry, cogeneration of heat and power, central heating, import and export business, railway and road transportation.

Meijin Energy is mainly engaged in the production and sales of coke and various fine chemical products, all of which adopt domestic advanced technology and equipment. Our company takes the lead in adopting the new production technology of JN43-98D 500MM wide carbonization chamber coke oven in China, including a series of advanced technologies such as automatic control of coke oven, mechanized opening and closing of coal charging hole cover, mechanical coal feeding and dust removal coal car, tail coke recovery, gas purification and flat coal recovery. The company actively implements the government's cleaner production policy, strengthens technical transformation, adopts the most advanced full-cycle environmental protection automation equipment in production, and recycles all intermediate products in the coking process, which not only reduces environmental pollution, but also increases economic benefits. The product quality is qualified and the environmental management system meets the standards.

Under the leadership of the board of directors, Meijin Energy is committed to the development of the company around the business philosophy of "diligence, honesty, harmony and development". Market-oriented, give full play to the dual advantages of assets and capital operation, and plan the company's prospects with innovative ideas. The company is in the period of growth and development. After listing on the backdoor, it has created conditions for the rapid development of enterprises. During the Eleventh Five-Year Plan period, Shanxi Province will intensify the adjustment of industrial structure, consolidate, expand and upgrade traditional advantageous enterprises, and the company will usher in good development opportunities and conditions. The company will stick to Scientific Outlook on Development and give full play to its unique advantages in geography, resources, scale, technology and management. Grasping the integrated development and utilization of resources on the one hand and the circular extension of the energy and chemical industry chain on the other will make greater contributions to the development of energy and chemical industry in China. Win rich profit returns for investors.