In 2011, the industrial and commercial tax revenue of the tobacco industry was over 750 billion yuan. China Tobacco, while fully shrinking its diversified investment front, needs to find capital for huge cash flows. Energy investment is an important direction for China Tobacco’s diversification to “strengtheningâ€. Since the beginning of 2007, China Tobacco Heavy Gold has entered the Shanghai Temple Energy and Chemical Industry Base in Inner Mongolia. China Tobacco’s diversified investment is now moving from the “downsizing†stage to the “strengthening†stage, and the development of energy projects has become the main direction of “strengthâ€. The person in charge of China Tobacco Investment once stated that coal is the most important primary energy source and its status in the domestic energy structure is difficult to change. Therefore, tobacco capital must be entered in large numbers. The development of the Shanghai Temple Energy and Chemical Industry Base in Ordos, Inner Mongolia, is a major step in the diversification of China Tobacco's investment. In December 2007, China National Tobacco Corporation and the People's Government of Inner Mongolia Autonomous Region signed a cooperation framework agreement for the development and construction of the Shanghai Temple Energy and Chemical Industry Base. The base has been approved by the National Development and Reform Commission and is a national-level large-scale energy and chemical base. According to previous media reports, as of the end of 2011, Shanghai Temple Energy Chemical Base has implemented a total project investment of more than 40 billion yuan, base operating income of 7 billion yuan. In 2008 alone, China Tobacco made a massive investment of 5 billion yuan. Liu Dongnao, analyst of Zhuochuang Information Coal, said that tobacco is keen to invest in coal chemical industry mainly during the 12th five-year period. The country strongly supports coal, especially coal chemical industry, and the profit rate of the coal industry is relatively high. China Tobacco invests in state-level energy bases. The government has many preferential policies for paying taxes and companies. In terms of resources, the coal industry just needs to be fixed and the investment risk is small. Located at the junction of Mongolia, Shaanxi and Ning provinces, Shanghai Miao Town belongs to the Etuokeqian Banner of Erdos. The coal field has an area of ​​more than 1,200 square kilometers, with an initial forecast of more than 10 billion tons of reserves and more than 250 billion cubic meters of proven natural gas reserves. “Inner Mongolia and Xinjiang have now become new coal production bases with little competitive pressure and huge market potential. The former major coal producing areas were Shanxi, Henan, and Shandong provinces. The coal reserves of coal remained smaller and the potential for potential mining continued to decline. Jiang Xinmin, deputy director of the Energy Economic Development Strategy Research Center of the Energy Development Research Institute of the National Development and Reform Commission said. After the agreement was signed, China Tobacco’s investment in infrastructure construction and key industrial projects at the base was in force. As of the end of 2011, infrastructure projects involving key industrial projects invested more than 11 billion yuan and more than 15 billion yuan respectively. In order to form a large-scale development and construction condition, China Tobacco Investment completed the first phase of the Yellow River Water Supply Project with a daily water supply capacity of 200,000 cubic meters. The Sanxin Railway and a 500-kilovolt power transmission station were completed. The gas supply project was completed and put into use to form a township town. frame. In addition, China Tobacco took the lead in integrating the 24 mining rights in the Shanghai Miao Mining Area and jointly developed the Eastern Mining Area of ​​the Base with Shenhua Group, Shandong Energy Lining Group and Shanxi Jinmei Coal Group. Gmc Android Car Dvd
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