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.
Mr. Woo Kar Tung, Raymond, born in June 1969, holds a Bachelor of Commerce degree, and as a senior member of the Hong Kong Institute of Certified Public Accountants and a member of the Australian Society of Certified Practising Accountants. He serves as an Independent Director of the Company. Mr. Woo was employed in investment banks at ING, CITIC Securities and Credit Suisse and was appointed as an independent director of Huaneng Renewables Corporation Limited and IRC Limited. At present, Mr. Woo serves as a certified accountant at Arthur Andersen & Co and an independent director of SMIT Holdings Limited and Yuanda China Holdings Limited. He became the Independent Director of the Company in June 2023. Mr. Woo graduated from the University of New South Wales, Australia.