Anhui Hengyuan Coal Industry And Electricity Power Co.,Ltd (China)

Anhui Hengyuan Coal Industry And Electricity Power Co., Ltd is a company located in Suzhou, China. The company specializes in coal mining, washing, and sales. They currently operate two main mines, with one undergoing renovation for a coal washing plant and another under construction for a power plant project. The design annual production capacity of the Liuqiao No. 1 mine is 1.2 million tons, while the Liuqiao No. 2 mine is designed to produce 1.8 million tons per year. The company produces high-quality low-sulfur, low-phosphorus, medium-low ash, and high-calorific value coal, which is used as fuel in the power industry. Their main customers are low-volatile unit power plants in the East China region. In 2007, the company used raised funds and acquired Anhui Wolonghu Coal Mine Co., Ltd. and Anhui Wugou Coal Mine Co., Ltd., doubling their coal reserves and expanding their future production capacity by nearly 50%. This acquisition also increased the variety of coal products and enhanced the company's risk resistance. In 2008, the company plans to invest funds from its own accumulation and bank credit to support the construction and production of the two mines.