billion in energy development to the additional 3.05 billion acquisition of coal resources

NetEase Financial October 20 news billion energy evening announcement, the company intends to 12.55 yuan/share directed additional 243 million shares to raise 3.05 billion yuan, for the acquisition of the East Bo Coal 100% Equity, Wulashan Coal collection and distribution logistics and supplementary liquidity.　　After the completion of the acquisition, the company will have 100% stake in the East Bo Coal, and will participate in the Huangyuchuan coal mine based on the further possession of 62.2 million tons of reserves of coal resources, as well as 1.2 million tons/year of coal production capacity, the company's coal plate profitability will be further enhanced.　　Through the conduction of circular economy industry chain, further reduce the cost of other business plate, in order to further enhance the company's competitive advantage and profit space laid a solid foundation, so that the company can achieve economic benefits at the same time, further realize the maximization of shareholder benefits.　　Through the new unified supporting coal chemical circulation system, the company's business will be from the production-oriented to demand-oriented transformation. Yili Energy is located in the rich coal resources in Ordos, Inner Mongolia. Company positioning is the formation of PVC production as the core, to the coal and electricity energy industry and cement, inorganic chemicals and other upstream and downstream industries extension of the circular economy industry chain; and to achieve the company from inorganic chemical and pharmaceutical industry to "environmentally friendly and resource-saving" new PVC energy Chemical recycling Industry upgrade and transformation, the formation of "coal-coal gangue- Power generation-Polyvinyl chloride (PVC), ionic membrane caustic soda-waste residue comprehensive utilization of the production of cement, "the integration of the industrial model."