News of Shaanxi Daily(Reporter: GuoXiaobin): On January 21^st, reporter knew from 2016 working meeting of Shaanmei Group, During the 12^th “Five-year Plan”, the total assets of Shaanmei Group has increased from 194.2 billion RMB to 4243 billion RMB, 118 percent increase; The sales revenue has increased from 71.1 billion RMB to 191 billion RMB, 169 percent increase. Ranking the 416^th of the top 500 enterprises of the world.

During the 12^th “Five-year Plan”, Shaanmei Group built a lot of major projects by carrying out acquisition and reorganization, increase in capital and share, and project investment. Especially for the entry of ShaanXi Steel and Shaanxi provincial railway investment Group Co., LTD., making our economic aggregate enlarge fast. Based on coal mining, conversion, utilization,Shaanmei Group created a industrial chain of coal, steel, electricity, manufacture, and logistics, and formed an industrial cluster featured as “major industry highlighted, and multi-facility”. The two supporting industries, coal and medical industry, to have the product mix optimized with addition and subtraction, hence, a large number of modern,effective, and competitive mines have been built in northern Shaanxi, and Binhuang areas, and closed exhausted and money-losing mines, which has increased the competitiveness of mines in Northern Wei. Shaanmei Group has logged in the A-share market successfully, and got through the channel of direct financing. During the 12^th “Five-year Plan”, the company has carried out the strategy of “stepping out” actively, and invested projects in Kyrghyzstan, Argentina, Australia, etc. Exploring new space for development, and became the first coal company to be ranked in “the top 500 enterprises of the world” in the west area.

During the 13^th “Five-year Plan”, themed as innovative development, Shaanmei Group will put coal industry into a modern energy enterprise whose output will be the second in China, whose quality will be the first in China, and also have a predominant industry, and distinguished new economic feature.