China Coal Energy Informs on Resumption of Production
OREANDA-NEWS. April 20, 2012. Reference is made to the announcement of China Coal Energy Company Limited (the "Company") in respect of the Flooding Accident of the Kongzhuang Mine and the short-term suspension of production for rectification of four mines owned by Shanghai Datun Energy Resources Company Limited ("Shanghai Energy"), whose A shares are listed on the Shanghai Stock Exchange with the stock code of 600508, also a 62.43%-owned subsidiary of the Company, reported the press-centre of China Coal Energy.
Yaoqiao Mine, Xuzhuang Mine and Longdong Mine, upon a thorough and multi-level safety inspection by Shanghai Energy, have met the requirement for resumption of normal production and resumed their respective normal production since the evening of 12 April 2012.
The Company is of the opinion that, the short-term suspension of production for rectification of four mines owned by Shanghai Energy would not have material impact on the production and the operation of the Company.
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