An investor asked on the investor interaction platform: 1. What is the source of capital for the energy storage project invested by Baofeng group? Will it be placed in a listed company? 2. Can the Inner Mongolia project coal mine be self-sufficient? Will coke project be built? 3 please introduce the construction of existing coal mine capacity.
Ningxia Baofeng Energy Group Co.Ltd(600989) ( Ningxia Baofeng Energy Group Co.Ltd(600989) . SH) said on the investor interaction platform on March 28 that 1 Baofeng energy storage project is an investment project of the group. 2. For the coal mines of Inner Mongolia project, the company will participate in the bidding, auction and listing of coal mines organized by local governments, and will perform the obligation of information disclosure according to the progress in the later stage. The company has no coke project in Inner Mongolia. 3. The company has an annual coal production capacity of 7.2 million tons and another coal mine under construction.
