China's yangxin can double its capacity to consolidate 12 coal mines

NetEase Finance December 30 News of the State of Yangxin today announced that the company under the holding subsidiary of the country Yang Tiantai was identified as Shanxi Pingding County surrounding the integration of 12 small coal mine, and completed the Pingding County surrounding 12 small coal mine coal resources integration work. Yang Tiantai as the main body of mergers and acquisitions, on behalf of the Yang Coal Group to carry out the merger and reorganization of 10 coal mines, at the same time in the name of the state Yang Tiantai acquisition of 1 coal mines, and finally 12 coal mine integrated into 4.　　The basic situation of the coal mine is as follows: After the integration is completed, the production scale from 1.47 million tons/year to 2.7 million tons/year; the minefield area from the original 22.26KM reduced to 20.79km,60 million tons/year of the mine a total of 3, 900,000 tons/year of the Mine a total of 1 places.　　The announcement shows that the acquisition of assets is the company in accordance with the Shanxi provincial people's Government to promote the integration of coal mining enterprises merger and reorganization of the spirit of Shanxi Province to implement the coal resources integration of the first step, this will be conducive to the company's coal reserves and rapid expansion of coal production capacity, the company continued to China's yangxin yesterday closed to 27.30 yuan, up 0.44%.