Coal Washing Service: Maximum throughput capacity of 14,000 tons per day, improving coal utilization efficiency

In January 2022, the Group completed the acquisition of Shanxi Fanpo Clean Energy Technology Company Limited (“Shanxi Fanpo”). Shanxi Fanpo is principally engaged in the operation of the coal washery. The coal washery is set up to remove impurities in raw coal, and to classify high quality coal and inferior coal to improve coal utilization efficiency and reduce coal pollutant emission. The coal washery is designed to have a maximum throughput capacity of approximately 14,000 tons per day. Through the acquisition of Shanxi Fanpo, allowing the Group to move upstream in the coal supply chain industry, broaden the Group’s source of income and diversify its business portfolio.

Shanxi Fanpo Clean Energy Technology Company Limited

The annual production capacity of washing and cleaning is 4.2 million tons, with the main building and concentration workshop, supporting transfer points and trestles, and a power distribution building. The process flow can remove impurities in raw coal and classifies high-quality coal and poor-quality coal. It improves coal utilisation efficiency and reduces coal pollutants emissions, minimising the electricity and water consumption of the company and achieving the standards of clean production.

Independent Refined Coal Shed: 6,300 square meters in size, designed for a maximum storage capacity of 100,000 tons of coal.