About HIDILI INDUSTRY Company

Hengding Industrial International Development Co., Ltd. (hereinafter referred to as “Hengding Industrial”) is registered in the Cayman Islands. It is a comprehensive coal enterprise that engages in coal mining and cleaning in China, and focuses on global mining investment. In September 2007, Hengding Industrial was listed on the main board of the Hong Kong Stock Exchange (stock code 01393.HK). Hengding Industrial mainly owns subsidiaries in China such as Hengding Industrial (China) Group Co., Ltd., Liupanshui Hengding Industrial Co., Ltd., Yunnan Dongyuan Hengding Coal Co., Ltd., and Sichuan Hengding Industrial Co., Ltd., and has established leading integrated mining enterprises in southwest China. In the current key investment direction, Hengding Industrial now has coal mines, coal washing plants, and railway yards in the three provinces of Yunguichuan. Hengding Industrial adopts a scientific management model, divides assets into “four zones” and manages them in accordance with the principle of territorial sovereignty, rationally allocates resources, and vigorously enhances the productivity and efficiency of existing mining areas. China's coking coal resources are “rich in the north and poor in the south,” but the southwest area is relatively rich in southern China, and can cover all major steel companies south of the Yangtze River. Hengding Industrial has been rooted in Yunguichuan for more than ten years, has stored rich coal resources, and has now established strategic partnerships with major steel mills in southwestern China and southern China. Hengding Industrial is passionate about social welfare. According to incomplete statistics, 20 million yuan was successively invested to build bridges and pave roads and divert water for local residents; 2 million yuan was invested to fund education in the southwest region. In 2008, during the Wenchuan earthquake and the Panzhihua earthquake, 10.35 million yuan was donated to fund the disaster area. In 2010, more than 9 million yuan was donated to aid the earthquake relief in Yushu, Qinghai, and 6 million yuan was donated for drought relief in Yunnan. Hengding Industrial has a good internal mechanism, structure and management, attracting talents from all over the country. At present, the company has gathered management talents and technical talents with rich work experience from various famous schools, including attracting a group of coal mining technical cadres from major coal mining groups across the country and coal coke technology and management cadres from large steel companies. The core coal mining technology team consists of major coal companies such as Sichuan Coal Group, Panjiang Coal and Power Group, Jixi Mining Group, and Jinniu Group. Heng Ding is concerned about the reserve of talents and the improvement of employee quality, and regularly sends expatriate employees to institutions of higher learning such as Tsinghua University, Sichuan University, and China University of Mining and Technology for professional training. Through capital strategy, talent strategy, technological innovation strategy and industrial integration strategy, Hengding Industrial will form the three core competencies of talent, technology, and resources, and become a comprehensive resource utilization enterprise with important influence in domestic and foreign capital markets.