100% - TodayIR.com
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Management Received Strong Support from<br />
Relevant Institutions<br />
Cooperation with Renowned National Institution<br />
Specialized in Design and Safety of Coal Mines<br />
and Gas Operations<br />
<br />
Up Energy considers safety a crucial issue to mine<br />
operation. Ping’an Coal Mine and Gas (Methane)<br />
Engineering Research Ltd., led by Mr. Yuan Liang (a<br />
prestigious expert and professor in the industry), will<br />
provide consultation services to Up Energy that<br />
includes the design and planning, environmental<br />
protection and safety, exploration and exploitation of<br />
mines, etc.<br />
Strategically Allied with Market Leader Baosteel<br />
Resources<br />
<br />
Baosteel Resources, a wholly-owned subsidiary of the<br />
Baosteel Group, will work with Up Energy to assess<br />
and explore upstream and downstream acquisition<br />
opportunities of local and foreign resources. Both<br />
parties will also work hand-in-hand on production<br />
technology, logistics, supply chain, and sales and<br />
marketing of coal products. This strategic cooperative<br />
enhances our <strong>com</strong>petitiveness amongst all rivals.<br />
32<br />
Management Successfully Introduced<br />
Large Funds as Shareholders<br />
Pingán<br />
Gas<br />
Merrill<br />
Lynch<br />
Ospraie<br />
Deutsche<br />
Bank<br />
(as of 2012/10/31)<br />
ICBC<br />
Baosteel<br />
Resources<br />
Credit<br />
Suisse<br />
CCB<br />
© 2005-2013 Up Energy Development Group Limited.<br />
All rights reserved.
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