There has been an actual investment of 500 million yuan, and the existing three mines in oil shale mining: Gonghe Mine, Gonglangtou Mine, and Dachengzi Mine have reached considerable scale. The oil shale retorting plant is currently under intense construction. Many of its technologies, equipment and environmentally friendly processes have reached internationally advanced levels, and it has begun to apply for patents from relevant national departments. The company has implemented strict environmental protection measures in project planning and construction, and faithfully fulfilled its social responsibilities as a listed company. We always adhere to the principles of high starting point, high standards, high efficiency and high speed in project construction, and strive to become a national demonstration project for the comprehensive development of oil shale resources using advanced technology.
After the entire project is completed, it is expected to achieve annual sales revenue of 5 billion yuan, tax revenue of 740 million yuan, and directly provide employment for more than 10,000 people, with good economic and social benefits. It is in line with the national oil source diversification strategy and has comprehensive development value. The entire industrial chain has reasonable supporting facilities and is a comprehensive project that “eats everything and squeezes everything out”. The development and construction of the company's oil shale comprehensive project is of particular importance to promoting the sound and rapid economic development of Huadian City, Jilin City and even Jilin Province.