- MEDIA CENTER
Jinyuan was registered on Nov 6, 2000, with 600 million yuan ($98 million). It was restructured into a shareholder system in 2002 under the approval of the Guizhou provincial government. The company expanded its registered capital by 1.4 billion yuan and 3 billion yuan in 2005 and 2008, respectively.
By the end of 2006, it had an installed total capacity of more than 9.7 million kilowatts.
Altogether, 16 coalmine projects are wholly or partly-owned by Jinyuan. Its total production is expected to reach 9.15 million tons every year, boosting Guizhou province's west-east power transmission project.
With total assets of 36 billion yuan, Jinyuan is a key contributor to Guizhou's economy.