The SDIC Coal Co., Ltd., a wholly-owned subsidiary of the State Development and Investment Corporation (SDIC), is an investment company specialized in the investment and holding operations in the coal industry. Established in May 1995 with a registered capital of 2 billion yuan, the company assets totaled 13.508 billion yuan at the end of 2006.
In accordance with the country industrial policy and the company development strategy, SDIC Coal mainly specializes in the investment, development and construction of coal projects and the operation and management of the controlled investment projects. So far, the company has invested in the construction of 13 coal mine projects, which are located in the seven provinces (autonomous regions) of Anhui, Shanxi, Shandong, Henan, Hebei, Yunnan and Xinjiang. Their combined annual production capacity is 18.87 million tons. These projects include the SDIC Xinji Energy Co., Ltd., the Yangquan Nanzhuang Coal Group Co., Ltd., the Weishan Cuizhuang Coal Mine Co., Ltd., the SDIC Coal Zhengzhou Energy Development Co., Ltd., the Shandong Tengzhou Caozhuang Coal Mine Co., Ltd., the Zaozhuang Wangchao Coal Mine Co., Ltd., the SDIC Xingtai Energy Development Co., Ltd., the SDIC Lineng Coal Co., Ltd., the Shanxi SDIC Yunfeng Energy Co., Ltd., the SDIC Puyang Energy Co., Ltd., the Jincheng Energy Co., Ltd., the Yunnan SDIC Qujing Coal Development Co., Ltd., and the Xinjiang SDIC Baodi Energy Development Co., Ltd. Besides, the company also controls two transport and marketing companies, namely the SDIC Coal Transport and Marketing Company (Beijing) and the SDIC Jingmin (Fujian) Industrial and Trade Company, and one four-star hotel in Xiamen, namely the Jingmin Energy Industrial Co., Ltd.
The company operational goal is to intensify investment operation in the coal industry in keeping with the country industrial policy and the market demand. By relying on the modern corporate system and strengthening operational management, it actively participates in market competition so as to constantly enhance investment efficiency. By taking full advantage of the capital market, it accelerates the expansion of coal assets so as to promote the healthy and steady development of the company and pursue the value preservation and addition of the state-owned assets.