37 Coal Enterprises in Guangxi Disqualified from Operation

According to the information of the Guangxi Zhuang Autonomous Region’s Industry and Commerce Committee, a few days ago, after the annual review of the committee, 37 coal companies in Guangxi were disqualified from operating and could not continue to engage in coal operations.

According to reports, according to the relevant provisions of the "People's Republic of China Coal Law", "Measures for Coal Business Supervision" and "Guangxi Zhuang Autonomous Region Regulations on Coal Operation" (First Revision), a few days ago, the Guangxi District Committee of Industry and Information Technology The enterprises in the region that passed the 2008 annual inspection and obtained the coal business qualification from October 1, 2008 to September 30, 2009 conducted the 2009 annual audit. Of the 933 companies that should participate in the annual review, 642 are qualified for annual review, 254 are basically qualified for annual review, and 37 have not applied for annual review and unqualified annual review.

At present, the Guangxi District Industry and Information Technology Commission has warned 254 companies that have basically passed the annual review and have not achieved the annual business volume requirement. For 37 enterprises that have not submitted annual review materials or have failed the annual review, they are required to cancel their coal business qualifications in accordance with the relevant regulations, and require the municipal working committees to strengthen supervision.