Hancheng energy development and Investment Co., Ltd. was established in September，2017 in cooperation with Shanghai Yueda New Industrial Group Co., Ltd.and Shaanxi Shanmei Hancheng Mining Co., Ltd. The company focuses on promoting the preparation of Wangfeng coal preparation plant, logistics, photovoltaic power generation, glass ceramics and other projects. At present, the 3 million ton mine type coal preparation plant under preparation mainly produces blast furnace coal injection and high-quality power coal, with features of ultra-low sulfur, high calorificvalue, low volatile content and good grind ability.The establishment and operation of the company will become a new economic growth point for the shareholder companyand Sima's hometown.