Dec. 5, 2005
By the end of November, the accumulated sales of commercial coal by Shunhua Group Zhungeer Energy Co., Ltd in west China had reached 21.125 million tons, possible to hit 23.50 million tons by the year end. Which will enable the company to be the first large-scale energy enterprise with commercial coal sales exceeding 20 million tons in Inner Mongolia Autonomous Region.
Shenhua Zhungeer Energy, in the past few years, has put more efforts to develop coal energy with funds of several billion yuan in Heidaigou Open Mine, Heidaigou Coal Washery and DaZhun Line (Datong to Zhungeer railway line).
These efforts have greatly enhanced the economic and competitive capability. The sales volume of commercial coal was improved to 23 million tons from the previous 5 million tons, and railway transport capacity reached 27.85 million tons. Sales income of the company in 2004 realized more than 3 billion yuan, and 4 billion yuan expected in this year.