sxcoal cordially invites you to participate in the 4th Coking Coal Blending Technology and Market Forum to be held in Changsha city, central China's Hunan province over June 2-3, 2021.

2021 is the first year of China's 14th Five-Year Plan and the 100th anniversary of the founding of the Communist Party of China. It is also a year of special importance in China's modernization drive. As emphasized in the Central Economic Work Conference 2021 to maintain continuity, stability and sustainability of the macroeconomic policy, China will continue to implement a proactive fiscal policy and a prudent monetary policy this year so as to provide necessary support for economic recovery. A series of key tasks put forward at the economic conference aimed to promote stable and sound development of the Chinese economy will help fuel continued growth in the county's coal demand.

China has strengthened energy conservation, emission reduction and environmental governance, and the substitution of new and renewable energy for coal has further enhanced, which in turn will curb the growth of coal consumption. In the context, China's coal demand is expected to increase slightly in 2021.

Meanwhile, China will continue to release high-quality coal mining capacity in main northern coal production areas, while phasing out backward coal capacity in the south. China's coal production is expected to maintain growth momentum in 2021, with the increment further concentrated in Shanxi, Shaanxi, Inner Mongolia and Xinjiang. In terms of import, China's coal import sources will become more diverse, and the import volume is estimated to be roughly stable with the previous year.

With the government's pledge for carbon peak by 2030 and carbon neutrality by 2060, the Chinese coal industry, while continuously optimizing its supply structure and quality, needs to adhere to the high-quality development path, and achieve effective management in aspects of intelligent coal blending, resource management, production control, price forecasting and inventory management through technological innovation and resource optimization, thus assisting companies' decision-making in procurement, production and sales. Relying on full-factor and full-process management and control, coal demand for economic and social development can be precisely met with increasingly lower social cost.

How can coal upstream and downstream companies take the initiative and actively respond in the new era? How will they deploy business under the new "Dual Circulation" development pattern? How can they cut cost and lift efficiency to enhance internal strength and competitiveness in the face of complex development environment? A host of issues concerning development of the coal upstream and downstream industries require expert judgment through in-depth discussion.

We will invite experts from coal and coke industries and participants from upstream and downstream companies in the coal, coke and steel sectors, discussing and sharing insights on supply and demand fundamentals in domestic and international coke and steel markets, coking coal/coke price trends, development strategies of coal and coke producers, digitalization and intelligent development of coal and coking industries.

We look forward to meeting you at the Forum.