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Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasison industrial operation and capital operation, fostering five major industries of mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics, and building three major operating bases of Shandong, Shaanxi &Inner Mongolia and Australia. Looking ahead, it will work to achieve an annual coal production capacity of 300 million tons in 5-10 years, and build more than 8 green and intelligent mining coal mines each with a production capacity ofover 10 million tons.The annual output of chemicals products will exceed 20 million tons. The vision is to realize 3million kW of installed capacity of wind and solar power by the end ofthe “fourteenth five-year plan” (2021-2025), and 10million kW in 5-10 years.

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Company Profile

Canada

Operations in Canada: Yancoal Canada Resources Co., Ltd. was incorporated in Saskatoon, Saskatchewan, Canada in August 2011, with a registered capital of US 290 million dollars. As a new strategic region for Yankuang Energy's overseas mineral resource reserves and cross-border growth,it is engaged in the exploration and development of minerals.At present, Yankuang Energy has 6 potashleases in Canada, with a total area of 1,299 square kilometers. The proven high-quality potash resourcesreach 1.7 billion tons, which is the high-quality potash resource ever acquired by a Chinese company abroad with bright development prospects.