Chinese Energy Low Leverage High Rewards

Shaanxi Coal Industry

Market Cap: CN¥240.4b

Engages in the production and sales of coal and electricity in China and internationally.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥27.5b

Engages in the production and sales of coal in China.

ZJMI Environmental Energy

Market Cap: CN¥6.7b

Sells coal products in China and internationally.

Inner Mongolia Dian Tou Energy

Market Cap: CN¥84.4b

Engages in the research, production, and sale of coal products in China.

Beijing Haohua Energy Resource

Market Cap: CN¥17.0b

Engages in the mining, washing, manufacturing, processing, export, and sale of coal in China.