Article: GANSU JINGYUAN NOT ENGAGED IN COAL GANGUE POWER GENERATION


AsiaInfo Services
05-11-2009
Gansu Jingyuan Not Engaged in Coal Gangue Power Generation

BAIYIN, May 11, 2009 (SinoCast Daily Business Beat via COMTEX) -- Gansu Jingyuan Coal Industry and Electricity Power Co., Ltd. (SZSE: 000552) today announces that it does not have any coal gangue power generation, coal water mixture and powder production, and wind power project now.

Recently, sources said that the Shenzhen-listed company could profit CNY 20 million from a coal gangue power plant per year, that a batch of profitable coal water mixture, coal water mixture powder, and wind power generation projects would start running in 2010, and that Gansu Jingyuan's controlling shareholder was brewing ...

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