Songzai International Holding
Group, Inc. is engaged in coal production by exploring,
assembling, assessing, permitting, developing and mining
coal properties in the People’s Republic of China (“PRC”
or “China”). After obtaining permits from the
Heilongjiang Province National Land and Resources
Administration Bureau and the Heilongjiang Economic and
Trade Commission, we mine to extract coal minerals, and
then sell most of the coal on a per metric ton, basis in
cash on delivery. Through the end of March 2008, our
business consisted of the operations of Tong Gong coal
mine through our subsidiary, Heilongjiang Tong Gong
Mining Co., Ltd. ("Tong Gong"), in northern PRC. The
mine is located approximately 175 kilometers southwest
of the city of Heihe in the Heilongjiang Province.
On December 31, 2007, we entered into an agreement to
acquire two mining companies in the PRC, Heilongjiang
Xing An Group Hong Yuan Coal Mining Co., Ltd. (“Hong
Yuan”) and Heilongjiang Xing An Group Sheng Yu Ming Co.,
Ltd.. The Xing An Companies operate two coal mines, the
Hong Yuan and Sheng Yu mines, located in the city of
Mohe in Heilongjiang Province. We completed our
acquisition of the Xing An Companies on April 4, 2008,
after which our business now consists of the operations
of Tong Gong coal mine as well as the two Xing An coal
mines.
SongZai Incorporated in Nevada June 7,
2001
September 2003 SongZai Goes Public on OTCBB in the U.S.
September 2004 Tong Gong Mine commences operations
November 2004, SongZai acquires 100% interest in Tong
Gong Mine
In 2007 Ton Gong mine adds: 1.5m tons of In-place
Reserves 0.85m tons of Saleable Reserves
SongZai enters Stock Purchase Agreement to acquire Hong
Yuan coal mines from Xing An Group December 31, 2007
April 4, 2008 SongZai closes acquisition of Hong Yuan
Mines
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