China Coal energy to raise 9.5 billion investment and build fertilizer project

Annual reports from the Chinese Coal Energy (601898), Shanghai Energy (600508) and Jingyuan coal Power (000552) Three coal companies also showed that three companies have achieved growth, with net energy growth of 40% per cent in Shanghai. China Coal Energy 2011 capital expenditure arrangements increased by more than 40%, the company intends to invest 9.5 billion yuan to build fertilizer projects.　　So far, only 1 of the 13 coal-listed companies that have disclosed their annual reports have fallen. China Coal large investment in chemical fertilizer in the annual report of coal energy, because the coal business revenue to achieve a significant increase in revenues, 2010, the company realized operating income of 71.268 billion yuan, an increase of 32.6%, to achieve net profit of 6.909 billion yuan, the year-on-year growth of 4.3%; earnings per share 0.52 yuan.　　The company intends to allocate 1.5633 yuan per 10 shares (including tax). 2010, the company's coal business income growth of 36.5% to 56.696 billion yuan Year-on-year, coking business revenue year-on-year growth of 36.9% to 4.925 billion yuan, coke sales revenue 4.073 billion yuan, an increase of 674 million yuan.　　The operating income of coal mine equipment business grew 23.7% to 7.532 billion yuan Year-on-year. 2011, the company's capital expenditure plan arranged 34.237 billion yuan, an increase of 45.7%, of which the coal plate arrangement of 24.347 billion yuan, accounting for 71.1% of the total plan, the coal chemical sector capital expenditure plan than 2010 actual completion of the increase of 101.8%. The company also announced the foreign investment announcement, the company intends to invest 9.51 billion yuan to build Ordos industrial project Area Large chemical fertilizer an annual output of 1 million tons of ammonia, 1.75 million tons of urea project.　　The project capital according to 30% of the total investment is proposed to be funded by the company's own funds, the rest of the proposed bank loans and other debt solutions. Shanghai energy revenue of 1.84 yuan per share in 2010 to achieve operating income of 8.859 billion yuan, an increase of 1.529 billion yuan from the previous year, to achieve net profit of 1.33 billion yuan, the year-on-year increase of 40.29%, earnings per share 1.84 yuan.　　The company intends to distribute a cash dividend of 2.5 yuan (including tax) to all shareholders at 10 shares. 2010 the company's main product output is a record high.　　2011, the Company intends to achieve 8.9 million tons of coal production, 3.1 million tons of coal washing, electricity generation 2.5 billion degrees, electrolytic aluminum production of 102,000 tons, aluminum sheet with foil production 48,000 tons, railway freight volume 12 million tons, equipment repair capacity of 15000 tons. Jingyuan coal Power (000552) 2010 to achieve total operating income of 780 million yuan, an increase of 45.4%, the realization of net profit of 56.546 million yuan, an increase of 6.1%, per share earnings 0.32 yuan. The company intends to send cash dividends of 0.3 yuan per 10 units (including tax). Responsible Editor: NF018