China mining exploration company, Zhundong Petroleum agrees establishment of new company for seeking, mines and coal sale, methane coalbed, and mineral resource.

Financing to get coal mining company in Xinjiang for the price of CNY 35 million. Invesment at this mine company will be improved builds coal-mine with exploration capacities 300,000 tons.

Zhundong Petroleum invests establishment of company aim to optimal of product structure yielded by company and increases earnings and company advantage.

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