By China Coal Overseas Development Co., Ltd.

On November 2, Vice President Mr. Dai Qiuliang led the?team to attend the tripartite work exchange meeting held by the South African Embassy, the China Chamber of Commerce for Import and Export of Machinery?and Electric Products (“CCCME”)?and China Coal Overseas Development Co., Ltd.(“CODCO”), and had an in-depth exchange of views on promoting the cooperation between China Coal and South Africa.

Vice president of CCCME Mr.?Liu Chun thanked for the coming?of the South African Embassy Minister Counsellor Joseph and China Coal Team, briefly introduced the CCCME?and pointed out that CCCME?has played an important role in promoting exchanges between South African and Chinese enterprises in recent years. He hoped to promote further cooperation between Chinese and South African enterprises through Minister Joseph.

The Minister Counsellor briefly introduced the basic situation of the Mining market in South Africa, welcomed China Coal Group to invest in South Africa, contract projects and promote the cooperative manufacturing of coal machine equipment, and suggested that China Coal Group should take South Africa as the fulcrum to radiate the whole southern African market.

Vice President Mr. Dai Qiuliang introduced the basic situation of China Coal Group and CODOC, demonstrated?the rich experience and unique advantages of China Coal Group in the fields of coal production, power generation, coal chemical industry, coal machine manufacturing and coal mine construction and design, etc.?and mainly introduced?the "Going Global" strategy and overseas business development of China Coal Group, and hoped?to deeply participate in the construction of mining industry in South Africa and develop the mining market in South Africa.