JD Capital -invested Tian An Technology Listed on NEEQ
Recently, JD Capital-invested Shenyang Tian An Technology Co.,Ltd. (Tian An Technology, 834661) was officially listed on the National Equities Exchange and Quotations (NEEQ).
Tian An Technology mainly focuses on the R&D, manufacturing and sales of coal mine support and security equipment, coal washing and coal preparation equipment, as well as the transfer of related technologies. The company is a longtime provider of customized diagnostic solutions to coal mine production system. As a state-level hi-tech enterprise, the company has a scope of business covering R&D, design, production and service. With many intellectual property rights, it boasts strong core competence in the areas of coal mining equipment, security and environmental protection. The technical team of the company is equipped with decades of experiences in solving coal mine-related problems and enjoys high prestige in the industry. Some of its technical achievements are globally leading. As of now, Tian An Technology has been granted 43 patents, among which 15 are invention patents.
Tian An Technology belongs to the coal mine machinery and equipment manufacturing industry, which, as its name suggests, provides equipment and technological support to coal companies. Coal plays a dominant role in the energy structure of China, the largest coal mining and consuming country in the world. According to China Mineral Resources 2014, an annual report published by the Ministry of Land and Resources, coal occupies 75.6% of China’s energy consumption by the end of 2013. It can thus be inferred that the huge demand for coal consumption and for large-scale fixed assets still exits.
JD Capital purchased 9.7% shares of Tian An Technology in 2013. As of now, a total number of 49 JD Capital-invested companies have been listed on the NEEQ.