Huadian Coal Corporation and = Huadian=20 (Fujian) Power Generation Co., Ltd. jointly hold the signing ceremony of = Fujian=20 Huadian Storage and Transportation Co., Ltd. Both parties have reached = agreement=20 on assets reorganization of Huadian Storage and Transportation Center = and=20 dedicated terminals for Kemen Power Plant.
Fujian HST with holdings = controlled by=20 Huadian Coal Corporation was established in December 2004 that is in = charge of=20 construction and operation of the project of Huadian Kemen storage and=20 transportation center, which is the first port logistics project = invested by=20 this giant group. The completed 10# and 11# berths at Kemen Port boast = annual=20 design throughput of 18 million tons. According to the newly reached = agreement,=20 Huadian Coal Corporation will transfer 66% of shareholdings of Fujian = HST to=20 Huadian (Fujian) Company.