Its mining companies received 330 million additional capital

Datang Power Generation (601991) announced that Datang Group, a wholly-owned subsidiary of China Datang Group Coal Co., Ltd. to the Datang Power generation wholly-owned subsidiary of Inner Mongolia Datang International Xilin Hot Mining Co., Ltd. increased the capital of about 330 million yuan, and Datang power generation jointly develop and build Shengli coalfield East second mine. After the completion of the increase, Datang Power has a 60% stake in the mining company, Datang Coal Company has a 40% stake.　　The announcement said that the implementation of the transaction will facilitate the AU mining companies to obtain financial support for the company to improve the financial situation, effectively improve the efficiency of capital use, risk resistance and sustainable development capacity. AU Mining Co., Ltd. was founded in August 2007 by Datang Power in Inner Mongolia Xilin Hot wholly-owned limited liability company, the company registered capital of 375.97 million yuan, the Datang coal industry in cash to the AU mining companies, through the way to increase the share capital to participate in the construction of Shengli East second mine.　　Its actual contribution is determined on the basis of the amount of RMB 32,908.920,000 yuan calculated by the AU mining Company on July 31, 2009. The AU mining company is mainly responsible for the construction and operation of No. second mine in Shengli East. At present, Shengli East No. Second Mine first phase project (capacity of 10 million tons/year) has been basically put into production, Phase II project (capacity of 20 million tons/year) Project Application report has been reported to the National Development and Reform Commission pending.