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Brief Introduction to Huainan Mining Co, Ltd.

Huainan mining area stands in the northern part of Anhui province, crossing the two sides of the middle reaches of Huaihe River. It is extended through Huainan city and two counties (Fengtai and Yingshang), with over 100 km long from the east to the west and 20 km wide from the south to the north. It has 13-19 workable coal beds, workable thickness of 22-23 m. The area of over ¨C1000m deep has been verified and the proved workable reserves during the planning period is 21.4 billion tons, among which, 13.8 billion tons will be mined during the planning period. The total reserves account for 74% of that in Anhui province, 50% of that in East China. Huainan coal is famous for its high quality. The products are mainly gas coal, gas rich coal, 1/3coking coal, ultra-low sulfur and low phosphor. The calorific capacity of raw coal reaches 6000-7000 calorie, which meets the requirements of power generation, chemical industry and coking.
Huainan Mine has a long history of mining. It mined 10.70 million tons of coal in the 37 years from its founding to the liberation of China, with an average of about 290,000 tons per year. It was liberated in January 1949, the structure of the former Huainan Mining Bureau then remained unchanged. From May 1950 to 1998, it successively changed its names as Huainan Mining Bureau, East China Coal Company Huainan Branch, Revolutionary Committee of Huainan Mining Bureau, No.1 Production Team of Huainan Revolutionary Committee Production Headquarters, and then Huainan Mining Bureau. Approved by former Coal Ministry in May 1998, it was established as Huainan Mining Co. Ltd.
Huainan Mining Co. Ltd. is the national major coal mining base, one of the national extreme large-sized enterprises. At present, it owns 6 mines, 12 solely invested subordinates and 5 branches. It practices the managerial system of integrating production, capital construction and diversified economy.
The Corporation carries out the developing strategy of building more mines, running power plant and operating capital. Firstly, it will depend on the resource advantage to enlarge and further strengthen its main business, and step up building new mines. Through 5-year efforts, three more mines, Guqiao, Zhangji North and Dingji will be set up successively, which will increase production capability by 20 million tons. By 2007, it will have had production capacity of 50 million tons. Secondly it will implement combined operation of coal and power, link property right and adjust its structure of products and property right to build large power plant near coal-mines and catch the favorable opportunity to build Huainan into an important base of power source in East China. Thirdly, it will strengthen the integration of construction enterprises and multiple operations. The construction enterprises will actively conduct cooperative development, undertake social engineering in the form of transversal cooperation, strengthen management, upgrade management, do multiple operations, step up implementation of ¡°three changes, one development¡±, energetically advance structural adjustment of non-coal industry and collective economy, further enlarge the scale of non-coal economy and strengthen the ability of market competitiveness and self survival and development through the ¡°three changes¡± .


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