Ordos Jinchengtai Chemical Co., Ltd. is a private coal chemical and coal enterprise with strong economic capabilities; it was established in Ordos on April 29, 2005. The company is constructing a coal-to-methanol plant with an annual capacity of 1.8 million tons (600,000 tons in the first phase), as well as a coal mining project with an annual capacity of 10 million tons (with a planned capacity of 18 million tons). The methanol project is scheduled to come online at the beginning of 2011, while the coal mining project is planned to be fully operational by 2012. By then, the company is expected to achieve annual sales revenue of 4.8 billion yuan and profits of 1.5 billion yuan. Company Profile of Jinchengtai Group The Ordos Jinchengtai Chemical Group Co., Ltd. (hereinafter referred to as Jinchengtai Group) is located 2 kilometers east of Hujilert Village, Tuk Town, Wushen Banner. It is a modern enterprise group that focuses on coal production, coal chemical processing, logistics and transportation, and financial leasing, with diversified business activities as supplementary offerings. The company was registered in Ordos City on April 29, 2005, with an initial registered capital of 45 million yuan. Currently, the company has 3 affiliated enterprises and over 1,000 employees. Adhering to the philosophy of \"Building a century-long legacy of integrity and dedication to new energy,\" the company relies on pragmatism and scientific management. By fostering a work ethic characterized by hard work, perseverance, and diligence, it has developed to a certain scale after 6 years of entrepreneurship. With its three main business areas now in operation, new successes are just around the corner. 1.8 million tons per year (600,000 tons per year in the first phase) coal-to-methanol project: The 600,000 tons per year coal-to-methanol project in the first phase was approved for implementation in 2007 by the Inner Mongolia Autonomous Region’s Development and Reform Commission, and it received strong support and assistance from the local authorities. After several years of arduous construction, the first phase of the project is now nearing completion. The total investment for the project is 1.93656 billion yuan, with 1.43106 billion yuan already invested in its construction. 2. The project has requisitioned 1,300 mu of land; the installation of large-scale equipment is nearly complete, and a 5-kilometer long cement road has been built. In addition, the hotel covering over 8,000 square meters, as well as the expert building, dormitory building, and comprehensive building covering over 20,000 square meters, which were built as part of the project, have all been put into use. The green area in the project site covers more than 700 mu. 3. The project was handed over and production commenced on September 30, 2011. After going into production, annual sales revenue of 1.68 billion yuan can be generated. 10 million tons per year coal mining and processing project: In accordance with the various regulations issued by the People’s Government of Inner Mongolia Autonomous Region regarding the allocation of coal resources for coal conversion projects, Jinchengtai Chemical Group Co., Ltd.’s 1.8 million tons per year methanol production project (600,000 tons in the first phase) is allocated 744 million tons of coal resources. These resources are located in the Shilawaosu deposit area in Wushen Banner, Ordos City; this deposit covers an area of 70 square kilometers and has a total reserve of 2.1 billion tons (of which 1.644 billion tons have already been allocated). In accordance with the requirement that **each coalfield should be developed by a single entity**, the Shilaoasu Coalfield was developed through a joint venture formed by Shandong Yanzhou Coal Group, Jinchengtai Chemical Group Company, Shandong Jiutai Energy Company, and Shanghai Huayi Group Company, to create Inner Mongolia Haosheng Coal Industry Co., Ltd. 2. The total investment in the project is 5.4 billion yuan, with a construction period of three years; it was completed and put into operation in 2013. 3. At present, various tasks related to project approval and the acquisition of mining rights are being carried out in an orderly manner in accordance with Haosheng Coal Industry’s overall plan. Upon completion of the project, based on current coal market conditions, annual sales revenue is estimated to reach 5 billion yuan. Large-scale logistics and shipping company (chemicals and coal-related projects). Ordos Jinchengtai Jufeng Logistics Co., Ltd. is a subsidiary of the group. The company was established jointly by Jinchengtai Chemical Group, Hohhot Railway Bureau, and Jitong Railway Group. The company’s initial registered capital was 10 million yuan; it was the first large-scale joint-stock enterprise in the Ordos region to offer integrated services in road transport, rail transport, warehousing, and logistics. Backed by large-scale railway enterprises, the company is committed to building a first-class, modern logistics enterprise. The enterprise is located at Changhan Nao Station on the southern coal transport line—the Xintao Line; it is adjacent to a **-grade heavy chemical industry zone to the west, and to a large logistics park in Yiqi to the east. It is situated in the heart of the Hujilt mining area. The total investment for this project is expected to be 200 million yuan. Construction began in May 2011, with operations set to start by the end of the year. “\"Where there is sincerity, even metal and stone can be moved.\" Jin Cheng Tai Chemical Group Company took advantage of the abundant resources in Wushen Banner, planned and implemented advanced processing of these resources, and developed a modern corporate model that features comprehensive efficiency improvement, effective utilization of resources, as well as integrated production, supply, and sales processes – thereby laying a solid foundation for a sustainable business that can last for centuries. As the company continues to grow and develop, it not only brings benefits to the company and its employees but also generates significant advantages for the local economy.