Summary of duties

Jihua is a coal mining company located in Taizhou Province, China. At present, the collection is located in two underground coal mines in the Xisongshan coalfield, Luzhou City, Guizhou Province, China, namely Luoguo Coal Mine and Baogushan Coal Mine. The coal transportation road of Jiguan is about 5 kilometers away from the logistics center of Huajiazhuang Road. The mechanized longwall backward return underground coal mining method is used to open up raw coal in Kuoguo coal mine and Baogushan coal mine, mainly for 1 kilogram and 3 kilowatt coking coal. Before selling coal products to customers, Marketplace generally washes raw coal in Songshan and processes it into clean coal. Coal washing process also produces by-products, that is, medium coal and peat. In addition, the market usually sells coal directly to customers, but it also sells some coal products to the barter company in southwest China.

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The concentrated mining field is located in Luozhou Province, which is the main producer of coking coal in southwest China and three kilowatts of coking coal.

The collection bank has sufficient coal resources and equipment.

The collection of coal mines connects roads and networks, so that the collection can approach customers in an efficient and effective way.

Negative factor

The statement of China's economic environment and the industry of agriculture, construction and power will affect the demand and sale of coking coal, which may have a significant adverse effect on the business and business conditions of the market.

The coal industry and coal sales may be affected by the future policies implemented by the Chinese government

The coal market is periodic and will cause great fluctuations.

The purpose of the income

About 35.9% of the machinery and equipment used in coal mining

About 30.8% is used in technology to further improve coal washing capacity and recovery rate.

About 25.6% is used for coal production capacity recharge in response to fruit coal and Baogushan coal, collecting construction, installation and mechanical parts for underground construction activities.

About 7.7% is used for general financial assistance.