GANSU ENERGY CHEMICAL CO.,LTD

Gansu Energy Chemical Co., Ltd. is a coal mining and dressing company listed on the Shenzhen Stock Exchange since January 1994. Originally established as Jingyuan Coal-Electricity Co., Ltd., the company underwent significant restructuring in 2012 and 2022, acquiring key assets from Jingyuan Coal Group and Yaojie Coal Group, and was renamed in 2023. Gansu Energy Investment Group is the largest shareholder, holding over 51% of the company's shares. The company's principal operations include coal mining and sales, along with coal geological exploration, cogeneration, gas power generation, and coal storage and transportation. Gansu Energy Chemical operates eleven coal mines in Gansu Province, with an approved annual capacity of 23.14 million tonnes. Additionally, it has a power generation capacity of 4.829 GW and produces urea and nitro-compound fertilizers. The company focuses on optimizing its coal resources, enhancing its market competitiveness, and developing an integrated industrial model that encompasses coal, power, chemicals, and infrastructure.

Through continuous layout optimization, the Company has effectively integrated the major coal resources and production capacities of Jingyuan and Yaojie mining areas, achieved unified product marketing and efficient utilization of production factors, thereby enhancing its market influence and competitiveness. In recent years, the Company has adhered to the principles of intensive, safe and sustainable development, guided by the national industrial policy and taking advantage of its technological and managerial advantages in coal production. It has further adjusted its coal production layout, strengthened its core industries and developed cogeneration projects, coal-based chemical industries and comprehensive coal utilization industries, striving to build a new integrated development model. The Company is actively exploring new modes of operation and management for listed companies, continuously improving its corporate governance structure, strengthening its internal management, and enhancing its core competitiveness and comprehensive strength. While ensuring the sustainable and healthy development of the Company, the Company adheres to its mission of rewarding shareholders by focusing on investor returns. Since its restructuring and listing, the Company has achieved consecutive years of cash dividends. In the new era and new journey, Gansu Energy Chemical Co., Ltd. focuses on the "15th Five-Year Plan", fully committed to strengthening and optimizing the coal industry, accelerating the layout of the power generation industry, speeding up the construction of coal chemical projects, and continuously improving the profitability of the infrastructure industry. It aims to build an integrated industrial pattern of "coal, power, chemical and infrastructure", and continuously improve the core competitiveness and key functions of the company. The Company strives to become a nationally leading modern comprehensive energy company and a top listed company in the industry, with a solid development foundation, a more refined management system, greater innovative vitality, stronger risk resistance and improved employee welfare.