Development of China Qinfa Group

The domestic coal trade volume of Qinfa Group has increased year by year, and the annual purchasing and selling capacity has reached 8 million tons. The company has wholly-owned coal collection stations in Datong, Shanxi, Yangyuan, Hebei and other places, liaison offices in major coal shipping ports in the north, sales centers in Nanjing, East China and Guangzhou, South China, and a150,000-ton deep-water wharf group in Gaolan Port Area, Zhuhai. Has formed a stable procurement, delivery and sales system. Over the years, it has maintained long-term and stable cooperative relations with many large domestic power plants, and has formed certain advantages in the whole production, supply and marketing system.

On the basis of the rapid development of domestic trade, Qinfa Group's foreign trade business has also made considerable progress and growth, and the total coal import in 2007 is expected to reach 3 million tons. Not only set up a branch in Hong Kong to expand the scope of international trade business, but also invest in high-quality coal mine projects in Australia to extend the main business line. At present, the business scope has covered more than ten countries and regions such as Asia, Europe, Oceania and America. As a private enterprise, Qinfa Group has always adhered to a healthy, steady and beneficial growth model. In the future, Qinfa Group will continue to actively develop coal trade based in Qinhuangdao and Guangzhou. With the success of the main business, it will promote the overall coordinated development of Qinfa Group, give full play to the advantages of scale operation and improve its ability to resist risks. Then, we will participate in the power plant, take the flexible service industry (hotel) as the auxiliary development platform, actively explore new business growth points, and make Qinfa Group truly realize industrialization, collectivization and modernization.