State Development & Investment Corporation (SDIC), China's largest state-owned investment holding company, has reported ¥22 billion in revenue and ¥2.1 billion in profit for the first half of 2009, with its coal division contributing over 60% of the profits. It invested ¥1.1 billion in coal operations and currently runs 14 coal producers with an annual capacity of 21.2 million tons altogether. It has another 33.3 million ton capacities under construction. SDIC also funneled ¥6.6 billion to the power generation segment in the year through June, and boasts a 26.2 million kW capacity.
$1 = ¥6.8