Huadian international 2.45 billion, Inner Mongolia coal resources

Huadian International (600027) announcement, August 31, the company and the Inner Mongolia JINWO Investment Co., Ltd. signed the agreement on the transfer of rights of Otok Trade Limited shares, agreed to the price of RMB 939 million yuan to buy the company to sell the rights of the company 35% shares.　　At this point, the company and the new Brunei mining group in Inner Mongolia, Shanghai Temple Mining Area Western cooperation development of the number of coal mine increased to five, the acquisition amount of more than 2.45 billion yuan.　　In this regard, professionals pointed out that the acquisition of coal resources to reduce the pressure on coal prices, but in view of the size of the company's large installed capacity, shares of coal companies short-term performance impact is not obvious. Shanghai Temple Mining area increased to five since 2009, Huadian International has acquired 35% stake in the city, the Great Wall coal mine 25% stake, Chint Company (Mount-Harbin Map Coal) 20% Equity and the company 35% shares, the purchase price of 498 million yuan, 180 million yuan, 267.97 million yuan and 569.7237 million yuan.　　After the acquisition of Rights-Hui Company (Sha Zhangtu Coal) equity, the company and the new Brunei Mining Group (or its member companies) in Shanghai Temple Mining area west of the investment cooperation in the number of coal mine increased to five. Quan Hui Company registered capital of 5 million yuan, Quan Hui company 35% stake by JINWO Company Held, the remaining 65% equity by the new mine Inner Mongolia Energy Limited liability company held.　　As at February 28, 2010, the company has evaluated the total assets and net asset of about RMB 2.777 billion and 2.725 billion yuan, Quan Hui Company holds Shazhanto prospecting right according to law. Shazhanto Administrative Region under the Inner Mongolia Shanghai Temple town, the minefield area of 21.6 square kilometers, record reserves of resources of about 327 million tons, recoverable reserves of about 246 million tons. Shazhanto also has a reserve area of 20.2 square kilometers, corresponding reserves of about 396 million tons. The coal mine is planned to be put into operation in October 2012 with a capacity of 3 million tonnes/year.　　Quan Hui Company has not yet put into production, there is no operating income and net profit. Continue to expand the capacity of coal according to Huadian International introduction, the acquisition of Rights-Hui Company (Sha Zhangtu Coal) equity, the company will work with the new Brunei Mining Group strategic Cooperation in the development of the western area of Shanghai Temple Coal Field, the total reserves of more than 1 billion tons, the overall planning capacity of more than 10 million tons At present, the city's coal industry and the Great Wall coal mine has reached production, the rest of the mine will be in the next few years to produce.　　In addition, in addition to the existing coal mine reserves in coal mines, there are still some resources surrounding the Western mining area of Shanghai Temple, which lays the foundation for the subsequent expansion of mine field area and production capacity.　　In this regard, the National Yuan Securities report pointed out that the company in the acquisition of coal resources more positive, especially with the Shandong Xinwen Mining group in Ordos, Shanghai Temple Mining area has close cooperation, Xinwen Mining Group is the west of Shanghai Temple Mining Area Development of the main body. According to the plan, in 2013, the company will control coal production capacity of 30 million tons, accounting for about 30% of all coal consumption. The acquisition of coal resources is conducive to reducing the pressure on coal prices, but givenThe company's large installed scale, the participation of coal companies short-term performance impact is not obvious.　　The company disclosed the semi-annual report, the first half of the year, the unit power generation fuel cost of about 258.84 yuan/MW, year-on-year growth of 18.99%, which is also the company actively looking for coal resources, one of the important reasons. In addition, the company will benefit from the investment of Huadian Coal Industry Group Co., Ltd. as a professional coal development enterprise, Huadian Coal Group Co., Ltd. has been in Shaanxi, Shanxi, Inner Mongolia, Xinjiang, Ningxia and other regions carried out a number of coal project development, coal resources reserves of more than 20 billion tons, its coal production capacity in the end of 2009 release. In the next two or three years, the company not only in the coal-burning cost control will have greater space, the coal industry will quickly become the company's new profit growth point.