subsidiary

new dongzhou yao coal mine project
guangzhou pearl river electric power fuel co., ltd., the holding subsidiary of the company, and datong coal mine group co., ltd. signed the joint venture contract of tongfa dongzhou yao coal co., ltd. in dec 18 2006, under which the new dongzhou yao coal mine project would be constructed jointly, of which datong coal mine group co., ltd. holds 60% equity interest and guangzhou pearl river electric power fuel co., ltd. holds the remaining 40%. the project is acquiring approval and strive to be prepared for construction by the end of 2007.

located in zuoyun county, northwest of datong city, shanxi province, and at the end of daqin railroad, new dongzhou yao coal mine project is provided with favorable transportation condition. as one of the 10 million-ton large-sized coal mines of shanxi province, the new dongzhou yao coal mine has an area of 119 square km with 1.947 billion-ton ooip of which 1.356 billion tons is recoverable reserves. the designed annual output of coal is 10 million tons and the service life is 96.8 years. new dongzhou yao coal mine project is to build a large-sized modern coal mine with an annual output of 10 millguangzhou pearl river electric power fuel co., ltd., the holding subsidiary of the company, and datong coal mine group co., ltd. signed the joint venture contract of tongfa dongzhou yao coal co., ltd. in dec 18 2006, under which the new dongzhou yao coal mine project would be constructed jointly, of which datong coal mine group co., ltd. holds 60% equity interest and guangzhou pearl river electric power fuel co., ltd. holds the remaining 40%. the project is acquiring approval and strive to be prepared for construction by the end of 2007.ion tons and a 10 million-ton supporting coal cleaning plant.  the planned total investment (not including the mining authority purchasing cost) is around rmb 2.1 billion yuan. tongfa dongzhou yao coal co., ltd. will introduce advanced technology and management experience to build the new dongzhou yao coal mine a world-class modern coal producing enterprise.

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