Songzai International Holding Group, Inc. (OTCBB: SGZH), incorporated in Nevada in 2001, is a leading coal producer and supplier in the People’s Republic of China. After obtaining the mining permits from the Heilongjiang National Land and Resources Administration Bureau and Heilongjiang Economic and Trade Commission, we extract coal from properties we have the rights to mine, and sell most of the coal on a per ton basis for cash on delivery. Our primary customers are industrial power plants, cement factories, wholesalers and individuals for home heating.

China is currently the largest coal producer and coal consumer in the world, accounting for one-fourth of the world’s total coal consumption! IEA 07 World Energy Outlook projected a 120% increase in China’s coal consumption from 2006—2025. Moreover, as demand has risen in recent years, coal prices in China have boomed, up over 400% from 2003 to 2007, greatly benefiting coal producers in the region.

Through the end of March 2010, our business consisted of the operations of Tong Gong coal mine and Xian An coal mines in northern PRC.

Acquired in June 2004, the Tong Gong coal mine is located in Heihe City, Heilongjiang Province in Northeastern China. Through our subsidiary, Heilongjiang Tong Gong Mining Co., Ltd., we produce and supply high quality coal to large power plants, cement factories, wholesalers and individuals for home heating.

The Xian An coal mines, located in the DaXingAnLing Mountain Range in northern region of Heilongjiang Province near Russia border, were acquired in April 2008. Xing An consists of two coal mines, the Hong Yuan mine and Sheng Yu mine, located in the city of Mohe. Through our subsidiaries Heilongjiang Xing An Group Hong Yuan Mining Co., Ltd and Heilongjiang Xing An Group Sheng Yu Ming Co., Ltd., we produce and supply high quality coal to large industrial electric power plants, metallurgical mills and fuel trading companies.

We currently have 71 employees and maintain our U.S office in City of Industry, California.

 

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