Xinjiang Guanghui New Energy Co., Ltd.

Xinjiang Guanghui New Energy Co., Ltd. was registered and established in September 2006 in Yiwu County, Hami Prefecture, with an initial registered capital of RMB 1.1 billion, and the enterprise's registered capital will ultimately reach RMB 3 billion. The company invests in the construction of a project in Naomaohu Town, Yiwu County, Hami, with an annual output of 1.38 million tons of methanol / 840,000 tons of dimethyl ether, and 550 million cubic meters of coal-to-liquefied natural gas. The company plans to invest RMB 60 billion to 65 billion in four phases, using 10 years (2007 to 2017) to build a coal chemical and coal-to-natural gas production base with an annual output of 4.38 million tons of methanol / 2.69 million tons of dimethyl ether, and 8 billion cubic meters of coal-to-natural gas, aiming to become a large-scale coal chemical and coal-to-natural gas industrial base in Xinjiang and even the whole country. As the first coal-to-methanol/dimethyl ether project initiated and implemented in the autonomous region, it has been listed as a national coal chemical demonstration project by the National Development and Reform Commission.