Project No.22

    1.The project name: Preparing machine of clean coal

    2.Mode of cooperation: Joint venture, cooperation

    3.Period of cooperation: 20 years

    4.Total investment: 23 million RMB

    5.Form and quantity of Chinese investment: 13 million RMB including
land, equipment, technology and cash

    6.Form and quantity of foreign investment expected: 4 million RMB

    7. Period of returns on investment anticipated: 3 years

    8.Profile of the project: The machine combines and optimizes all the 
function of preparation of clean coal. A single machine can prepare the 
required clean coal continuously. As a result, desulphurization can be 
fulfilled in combustion, and full combustion can largely reduce coal cinder. 
After preparation of clean coal, sulfur in the flue gas will decrease 18 per 
ton, 10% of coal can be saved. This machine is not only suitable for the 
users, which take coal as major fuel, but also can survive 40% of 
high-sulfur coalmines.

    9.The project belongs to: foreign-invested industries permitted by
the State

    10.A brief introduction of Chinese party: The company was registered 
with registered capital of 0.5 million RMB on September 17 of 1999. It is 
a middle-sized enterprise. There are six technicians and thirty staff. The 
scientific personnel have created a particular way in preparing techniques 
of clean coal. It is estimated that the patent of preparing machine of clean 
coal is worth 16 million RMB and the patent of coal-preparing machine with 
parabolic gravity 6 million RMB.

    11.Contact With:
    Full Name: Xia Yu 
    Tel:  0086-335-3067809
    Fax:  086-335-3067810