On December 5, Shanxi Coking Coal Group inked a framework agreement of strategic cooperation with Shanxi Coal Imp & Exp Group in the hope of establishing a long-term cooperation in the trusteeship of coal mines and coal preparation plants.

According to the agreement, the two parties agree to follow the principle of “complementary advantages, long-term partnership, jointly innovation, mutual benefits and win-win cooperation” with the support of the Shanxi Provincial Party Committee and the Provincial Government and the guidance of the higher management, give full play to their respective advantages in personnel, technology and resources, and carry out strategic cooperation in the hosting of coal mines and coal preparation plants.

Shanxi Coking Coal Group will organize professional teams to carry out a comprehensive management of the safety, production, and technologies of the coal mines and coal preparation plants which meet the requirement for trusteeship.

The two parties agree to take business development needs as the guide, establish a mechanism of talent joint training, exchange and cooperation, and assign cadres and young employees to each other in their respective advantageous business areas to work in shifts and learn from each other, so as to jointly promote the development of the enterprise.