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Xinjiang FUBANG Mining Co., Ltd. was established on July 25, 2008, jointly funded by Ningbo FUBANG Holding Group Co., Ltd. and Ningbo Yinsheng Investment Co., Ltd. with a registered capital of RMB 110 million. The company primarily engages in coal mining and coal chemical industries.

Since its inception, Xinjiang FUBANG Mining Co., Ltd. has been guided by the business philosophy of "Diligence, Pragmatism, aspiration, Innovation" as its guiding principles. Rooted in Xinjiang, the company has achieved steady development and rapid growth. It has completed exploration work for the Dashaqiu coal prospecting rights in Zhungeer, Xinjiang. The prospecting rights mining area is located in the Dashaqiu block of the Zhungeer National Industrial Park, situated 90 kilometers northeast of Qitai County. Covering an area of 105.57 square kilometers, it holds coal reserves of 3.4222 billion tons.

The company actively pursues investment and development opportunities aligned with the national Western Development Strategy and the preferential conditions offered by the Zhungeer National Industrial Park. By embracing a diversified development path encompassing coal and coal chemical industries, Xinjiang FUBANG Mining Co., Ltd. is committed to achieving greater strength and success.