On 18 June 2008, unveiling ceremony of CPI Ningxia Energy Company Limited was held in Yinchuan City. Wholly owned by CPI and with a registered capital of 1 billion RMB, the Company will be engaged in such main businesses as investment, development and operation of power generation projects, development and operation of coal mines and coal chemical industries, railway transportation, metal smeltery, fly ash utilization and so on.