yanzhou Coal Mining Company Limited-Yanmei Yulin Neng Hua Co., Ltd.

　　Yanzhou Coal Yulin Energy & Chemical Company Limited was launched by Yanzhou Coal Mining Company Limited and invested in joint-stock by Shandong Chuangye Investment Development Co. Ltd. and China Hualu Engineering Company. It was incorporated in Yulin of Shaanxi province on February 20, 2004, with registered capital RMB 800 million Yuan, of which, Yanzhou Coal Mining Coampnay Limited contributed RMB776 million Yuan, Shandong Chuangye Investment Development Co., Ltd. RMB16 million Yuan, and China Hualu Engineering Company RMB 8 million Yuan.

　　It is mainly responsible for the development, operation and management of the energy and chemicals project in northern Shaanxi for Yanzhou Coal. Now it undertakes the development and management of Phase I 0.06Mt/a Unit of 2.3Mt methanol project and Yushuwan Coal Mine.

　　By fully utilizing Yulin’s abundant coal resource and taking development of coal chemicals industry as primary target, the company has unified planning, reasonable layout, implementation in steps, rollover development and strives to construct Yanzhou Coal Yulin Energy & Chemical base into the principle investment body of Yanzhou Coal’s energy exploitation in Yulin by taking coal chemicals and coal-into-oil as main developing project to develop high value-added downstream products and integrating coal development with coal chemicals and electricity power generation as a whole.

　　According to overall layout, two bases are to be constructed: one industrial base of coal, methanol and downstream products of methanol is to be built in Yushen mining area; the other is further processing base of coal, coal-into-oil and by-products of coal-into-oil to be built in Yuheng mining area.