en.Wedoany.com Reported - China Shanxi Huayang Group New Energy Co., Ltd. (Huayang Shares, 600348.SH) announced that the mine and coal preparation plant of its controlled subsidiary, Yangquan Coal Industry Group Poli Coal Mine Co., Ltd., have recently entered joint trial operation. The Poli Company's mine field covers an area of 107 square kilometers, with geological reserves of 911 million tons, a designed production capacity of 5 million tons per year, and a service life of approximately 78 years. The main mining seam is No. 15 coal, supported by a dedicated railway line and coal preparation plant.
Huayang Shares, headquartered in Yangquan City, Shanxi Province, is a major listed coal company in Shanxi. The Poli Company project is a provincial-level key project. Entering the joint trial operation phase marks a key breakthrough in mine construction and a substantive step toward formal production. The advancement of this project will further consolidate the company's coal production capacity reserves, ensure continuity in coal production, and inject strong momentum into the sustainable and high-quality development of the coal industry.
With the orderly release of subsequent production capacity, it is expected to have a positive impact on the company's future operating performance, enhancing its profitability and risk resistance capabilities.
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