All of our business operations are carried out by SC Coke, which is a vertically integrated coke producer whose facilities and operations are based solely in the PRC, principally in Henan Province.

SC Coke, which operates and derives its revenue solely in the PRC, is a vertically integrated coke producer, that has a coke production plant with current capacity of approximately 1.7 million tons of coke annually, equity ownership in a coal mine and two coal washing plants (producing refined coal). From our refined coal production process, byproducts such as medium coal and coal slurry are produced and sold. From coke production, SC Coke recycles and produces coke byproducts, including crude benzol, amsulfate, coal gas and tar. These coke byproducts are either marketed and sold, or recycled and consumed to provide electricity for its internal operations. For the purpose of this discussion, such refined coal and coke byproducts are referred to as “secondary products.”