600985: Huaibei Mining Holdings Co.Ltd(600985) reply to the approval of the national development and Reform Commission for the taohutu coal mine project in narinhe mining area, Inner Mongolia, which belongs to the holding subsidiary

Stock Code: 600985 stock abbreviation: Huaibei Mining Holdings Co.Ltd(600985) Announcement No.: pro 2022-005

Huaibei Mining Holdings Co.Ltd(600985)

Reply to the approval of the national development and Reform Commission for the taohutu coal mine project in narinhe mining area, Inner Mongolia, which belongs to the holding subsidiary

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Recently, Inner Mongolia Eerduosi Resources Co.Ltd(600295) Chengda Mining Co., Ltd. (hereinafter referred to as “Chengda mining”), a holding subsidiary of Huaibei Mining Holdings Co.Ltd(600985) (hereinafter referred to as “the company”), received the reply of the national development and Reform Commission on the approval of taohutu coal mine project in narinhe mining area, Inner Mongolia (fgy [2022] No. 267). Now the main contents of the reply and approval are announced as follows:

1、 In order to promote the construction of Shendong large coal base, ensure the stable supply of energy, optimize the coal industrial structure, agree to implement coal capacity replacement and build taohutu coal mine project in narinhe mining area, Inner Mongolia (project code: 2012-000oo0-04-01-107231). The project unit is Inner Mongolia Eerduosi Resources Co.Ltd(600295) Chengda Mining Co., Ltd.

2、 The construction site of the project is located in Wushen Banner, Inner Mongolia Eerduosi Resources Co.Ltd(600295) City, Inner Mongolia Autonomous Region.

3、 The construction scale of taohutu coal mine is 😯 million tons / year, and a coal preparation plant of the same scale is built.

4、 The total investment of the project is 8.54 billion yuan (excluding the cost of mining rights). Among them, the capital is 2.669 billion yuan, accounting for 31.3% of the total investment, which is invested by the project unit with the enterprise’s own funds; For the 5.871 billion yuan beyond the capital, apply for bank loans.

5、 The supporting documents of the approved project are the opinions on preliminary review and site selection of construction project land (No. 150o00202100069) issued by the Department of natural resources of Inner Mongolia Autonomous Region.

The national development and Reform Commission put forward clear requirements in the reply document that Chengda mining, the project unit, should strictly abide by the laws, regulations and rules related to safety production, implement the main responsibility for safety production, establish and improve the management system, and implement the prevention and control measures for mine floods, floods, ground pressure, gas, coal dust and other disasters, so as to ensure safe production during mine construction and production; We should do a good job in land acquisition, relocation and ecological protection in the process of project construction and production, properly handle the relationship between project construction and external environment, and effectively prevent and resolve possible social risks. Chengda mining will go through the procedures related to resource exploitation and safety production according to the project approval documents, and actively carry out the next step. The company will timely perform the obligation of information disclosure in strict accordance with relevant regulations. Please pay attention to investment risks.

It is hereby announced.

Huaibei Mining Holdings Co.Ltd(600985) board of directors February 19, 2022

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