PERENNIAL ENERGY HOLDINGS LIMITED

Perennial Energy Holdings Limited is a company listed on the main board of the Hong Kong Stock Exchange Limited (Stock Code: 2798). We are a coal mining company based in Guizhou Province, China. We currently operate two underground coal mines in the Songshan coal field in western Panzhou City, Guizhou Province, China, namely, the Hongguo Mine and the Baogushan Mine, and one underground coal mine located in Pan County coal field, Panzhou City, Guizhou Province, China, namely, Xiejiahegou Mine. Our mines are located next to the local transport highway, Hongguo Mine and Baogushan Mine are approximately 5 km to the Huajiazhuang Railway Logistics Center while the Xiejiahegou Mine is approximately 80 km to Huajiazhuang Railway Logistics Center... We believe our success and future prospects are underpinned by a combination of competitive strengths including (a) our mines are strategically located in Guizhou Province, a key producer of coking coal and 1/3 coking coal in Southwest China; (b)..