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 engaged in coal mining and washing in China, and is a company focusing 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 has 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 owns 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” for management according to the principle of territoriality, rationally allocates resources, and vigorously enhances the productivity and efficiency of existing mining areas. China's coking coal resources are “poor in the north,” but the southwest region is relatively rich in southern China, and can cover major steel companies south of the Yangtze River. Hengding Industrial has been rooted in Yunguichuan for more than ten years, has accumulated abundant 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, it has successively invested 20 million yuan to build bridges and build channels 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 fund 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, and attracts talents from all over the country. Currently, the company has gathered management and technical personnel from famous universities and experienced workers, including attracting a number of coal mining technology backbone from major coal groups across the country and coal coke technology and management backbone from large steel companies. The backbone 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. Hengding is concerned about talent reserves and improving the quality of employees, and regularly dispatches expatriate employees to conduct professional training at institutions of higher learning such as Tsinghua University, Sichuan University, and China University of Mining and Technology. 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.