Pingdingshan Tianan Coal. Mining Co., Ltd. authorizes a Buyback Plan.

Pingdingshan Tianan Coal Mining Co Ltd is a China-based company principally engaged in the coal mining, washing, processing and sales. The Company's main products include smelted clean coal and blended coal. The smelted clean coal is mainly used in the iron and steel manufacturing industry, and the blended coal is mainly used in industries such as electric power, petrochemicals and building materials. The Company is also engaged in the sales of materials and geological prospecting. The Company mainly operates its businesses in the domestic market.