{"id":51,"date":"2023-11-30T08:05:03","date_gmt":"2023-11-30T08:05:03","guid":{"rendered":"https:\/\/www.kineticme.com\/?page_id=37"},"modified":"2024-04-11T01:51:33","modified_gmt":"2024-04-11T01:51:33","slug":"company-profile","status":"publish","type":"page","link":"https:\/\/www.kineticme.com\/en\/company-profile\/","title":{"rendered":"Company Profile"},"content":{"rendered":"\n<div class=\"wp-block-group about about-profile inside-page\">\n<div class=\"wp-block-group side-menu\"><div class=\"wp-block-group__inner-container\"><ul class=\"list-link theme_color_button side-menu-menu\">\n        <li class=\"list-link__item\"><a class=\"link-default\" href=\"https:\/\/www.kineticme.com\/en\/company-profile\/\" target=\"\"><span style=\"color:white;'\">Company Profile<\/span><\/a><\/li>\n        <li class=\"list-link__item\"><a class=\"link-default\" href=\"https:\/\/www.kineticme.com\/en\/corporate-structure\/\" target=\"\">Corporate Structure<\/a><\/li>\n        <li class=\"list-link__item\"><a class=\"link-default\" href=\"https:\/\/www.kineticme.com\/en\/directors-senior-management\/\" target=\"\">Directors &#038; Senior Management<\/a><\/li>\n        <li class=\"list-link__item\"><a class=\"link-default\" href=\"https:\/\/www.kineticme.com\/en\/corporate-governance\/\" target=\"\">Corporate Governance<\/a><\/li>\n        <li class=\"list-link__item\"><a class=\"link-default\" href=\"https:\/\/www.kineticme.com\/en\/development-strategy\/\" target=\"\">Development Strategy<\/a><\/li>\n    <\/ul>\n\n\n\n<div class=\"wp-block-group side-menu-info\"><div class=\"wp-block-group__inner-container\">\n<div class=\"image__module \">\n                                                \n\n                                <picture>\n                    <source media=\"(min-width: 320px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 480px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 600px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 900px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">\n\t\t\t\t<source media=\"(min-width: 1200px)\" srcset=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\">                    <img decoding=\"async\" src=\"https:\/\/www.kineticme.com\/assets\/2023\/12\/user.png\" alt=\"\"\n                         title=\"\" class=\"image__image\"\/>\n                <\/picture>\n\n                                                        <\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>ABOUT US<\/strong><\/strong><\/h2>\n\n\n\n<p>Kinetic Development Group Limited<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group profile-content max-width-page\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group page-title\"><div class=\"wp-block-group__inner-container\">\n<h1 class=\"wp-block-heading\">Company Profile<\/h1>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container\">\n<p>Kinetic Development Group Limited (\u201cKinetic Development\u201d or the Group\u201d was incorporated in Cayman Island in July 2010.\u00a0 Its shares were listed on the main board of Hong Kong Stock Exchange (Stock code #1277) in March 2012.<br><br>The Group is an integrated coal enterprise.\u00a0 Its activities cover the whole coal industry chain from coal production and through coal loading and transportation, all the ways to coal trading.<br><br>The Group\u2019s vision is to become a leading integrated coal provider in China.<br><br><br><strong>Coal Resources<\/strong><br><br><em><strong><u>Inner Mongolia \u2013 Dafanpu Coal Mine<\/u><\/strong><\/em><br>Kinetic Development has been delicated to developing the Dafanpu Coal Mines since its establishment.\u00a0 The Dafanpu Coal Mines is an underground thermal coal mine located in Zhunge\u2019er Banner, Ordos City, Inner Mongolia, China, occupying a concession area of approximately 9.6KM<sup>2<\/sup>.<br><br>As at 31 December 2023 the Dafanpu Coal Mine has coal resources of approximately 367.57 million tonnes, comprising 150.69 million tonnes of Measured Coal Resources and 198.55 million tonnes of Indicated Coal Resources and 18.33 million tonnes of Inferred Coal Resources.\u00a0 Estimated Coal Reserves are approximately 165.61 million tonnes, comprising 79.17 million of Proven Coal Reserves and 86.44 million tonnes of Probable Coal Reserves.<br><br>The Group has mining rights of the Dafanpu Coal Mines, and they can be renewable upon application with the relevant PRC authorities prior to their expiration in November 2039.<br><br><em><strong><u>Ningxia\u00a0<\/u><\/strong><\/em><em><strong><u>\u2013 Yongan &amp; Weiyi Coal Mines<\/u><\/strong><\/em><br>In June 2022, the Group became the sole operator of Ningxia Yongan and Weiyi Coal Mines by acquiring 100% equity of Ningxia Sunshine Mining Co., Ltd. The Yongan and Weiyi Coal Mines are underground coal mines. The coal types are coking coal, 1\/3 coking coal and fat coal. They are located in Wuzhong City, Ningxia, China, with mining areas of approximately 21.7 KM<sup>2\u00a0<\/sup>and 26.7 KM<sup>2<\/sup>, respectively.<\/p>\n\n\n\n<p>As at 31 December 2023, the Yongan Coal Mine has coal resources of approximately 224.22 million tonnes, comprising 63.22 million tonnes of Indicated Coal Resources and 161.00 million tonnes of Inferred Coal Resources.\u00a0 Estimated Coal Reserves are approximately 33.20 million tonnes (Probable Coal Reserves). The Weiyi Coal Mine has coal resources of approximately 118.61 million tonnes, comprising 38.09 million tonnes of Indicated Coal Resources and 80.52 million tonnes of Inferred Coal Resources.\u00a0 Estimated Coal Reserves are approximately 15.02 million tonnes (Probable Coal Reserves).<\/p>\n\n\n\n<p>According to the construction and production plan, it is expected that Yongan Coal Mine and Weiyi Coal Mine will be put into operation in the second half of 2024, with approved annual production capacities of 1.2 million tons and 900,000 tons respectively, and reach full production in 2026.<br><br><strong>Coal production<\/strong><br><br>The Group strikes high efficiency and safety in coal mining.<br><br>The Dafanpu Coal Mine currently adopts a comprehensive mechanized top-coal caving mining method which allows mining a full height of coal seams at one time, replaced the original top coal caving technology of mining coal seams layer by layer. It enables the Group\u2019s mining efficiency leading in the industry. Attributing to the Dafanpu\u2019s comprehensive mechanization in production, the optimized structure of the Group\u2019s production workforce, the Group\u2019s staff costs always maintain at a low level in the industry. Furthermore, a washing plant with over 6.5 million tonnes annual capacity is constructed in the Dafanpu Coal Mines. The Group plans to build a coal washing plant at Ningxia Yongan Coal Mine Industrial Factory with an annual processing capacity of 2.4 million tonnes to support the operation of Yongan and Weiyi Coal Mines.<br><br>Besides, the Group\u2019s owns 45% equity in Xiaojia station and its associated spur lines. Xiaojia Station is about 1200 metres north of the industrial square of the Dafanpu Coal Mines; the geographical area is advantageous and convenient.\u00a0 The average handling capacity for Xiaojia station is approximately 5,000 tonnes per hour.\u00a0 It enables the Group to transport the self-produced coal from the Dafanpu Coal Mine and coal procured from third parties to Qinhuangdao via Datong-Zhungeer Railway and Datong-Qinhuangdao Rail Line, satisfies the logistic demands for the Group\u2019s continuous growth in the coal sales and trading business.<br><br>The Group has developed a coal trading centre in Qinhuangdao. Coal prices at Qinhuangdao port are higher than pithead coal prices of Inner-Mongolia.\u00a0 Through increasing the average selling price quoted at the Qinhuangdao port, the gross profit margin grows significantly. Furthermore, the Group directly participates in the coal trading business; keep abreast of trends in price fixing, marketing and transportations, technology, safety and management in order to strengthen profitability and efficiency, which consolidates the Groups leading position in the coal industry.\u00a0<br><br><strong>Ancillary Business<\/strong><br>In recent years, the Group has successfully established an ecological industrial chain integrating agricultural product planting, fruit wine production and livestock breeding in the mine reclamation area, making it the reclamation and management representative benchmark in the Ordos mining area. On the basis of the steady growth of the principal business of coal, the Company will carry out the ancillary business of agriculture and animal husbandry to seek more profit returns for shareholders.<br><br>The Guangtaichang Original Breeding Pig Farm of Inner Mongolia Liangyun Animal Husbandry Development Co., Ltd. (\u201cLiangyun Animal Husbandry\u201d)(\u5167\u8499\u53e4\u91cf\u860a\u7267\u696d\u767c\u5c55\u6709\u9650\u516c\u53f8) has been built in2022, and 650 French original breeding pigs have been introduced from France. In the first phase, a breeding areais planned to be built, including a breeding farm and two fattening farms. Lijiata Fattening Farm (\u674e\u5bb6\u5854\u80b2\u80a5\u5834) was put into production in August 2023. Huajian Village Qianhao Breeding Farm (\u93f5\u5c16\u6751\u524d\u58d5\u64f4\u7e41\u5834) is expected to be completed and put into operation in the first half of 2024. Wulan Bulang Fattening Farm (\u70cf\u862d\u4e0d\u6d6a\u80b2\u80a5\u5834) is expected to be completed and put into operation at the start of 2025. The first phase of the project is expected to reach full capacity by the end of 2025, with 7,200 breeding pigs in stock and 170,000 pigs of various types marketed annually.<\/p>\n\n\n\n<p><strong>Honors &amp; Awards<\/strong><br><br>By leveraging its strong competitive edge\uff0cKinetic Development is frequently recognized by the capital market and the industry.<br><br>Dafanpu Coal Mine has been accredited \u201cClass A Coal Mine\u201d- the highest rating of Inner Mongolia Zhunge\u2019er Energy Bureau for several consecutive years.<br><br>Since 2014, Dafanpu Coal Mine has been awarded the title of \u201cSuper Safe and Efficient Mines by China National Coal Association.<br><br>Dafanpu Coal Mine has been awarded the title of \u201cClass 1 Safe Production Standardized Mine\u201d by National Mine Safety Supervision Bureau for several consecutive years.<br><br>Dafanpu Coal Mine was officially approved as \u201cGreen mines\u201d in Ministry of Natural Resources of the PRC.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group inside-footer\">\n<div class=\"wp-block-buttons\">\n<div class=\"wp-block-button is-style-fill subsidiary-btn\"><a class=\"wp-block-button__link wp-element-button\" href=\"http:\/\/www.kineticme.com.cn\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u2014Subsidiary link\u2014<\/a><\/div>\n<\/div>\n\n\n\n<p>\u00a9 2019 Kinetic Development Group Limited. All Rights Reserved. Disclaimer<br>Powered by EQS TodayIR<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"ABOUT US Kinetic Development Group Limited Company Profile Kinetic Development Group Limited (\u201cKinetic Development\u201d or the Group\u201d was incorporated in Cayman Island in July 2010.\u00a0 Its shares were listed on the main board of Hong Kong Stock Exchange (Stock code #1277) in March 2012. The Group is an integrated coal enterprise.\u00a0 Its activities cover the &hellip; <a href=\"https:\/\/www.kineticme.com\/en\/company-profile\/\">Continued<\/a>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-51","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/pages\/51"}],"collection":[{"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":17,"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/pages\/51\/revisions"}],"predecessor-version":[{"id":2529,"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/pages\/51\/revisions\/2529"}],"wp:attachment":[{"href":"https:\/\/www.kineticme.com\/en\/wp-json\/wp\/v2\/media?parent=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}