SouthGobi Resources Ltd. (“SouthGobi”) is publicly listed on the Toronto Stock Exchange (TSX: SGQ) and the Stock Exchange of Hong Kong (HKEX: 1878). SouthGobi is an integrated coal supplier, and aims to become a conglomerate with diversified businesses in Mongolia to bridge the business opportunities between China and Mongolia.
SouthGobi owns strategically located coal assets with logistics infrastructure and trading capabilities. Our flagship Ovoot Tolgoi coal mine is the closest coal mine to China and is located 46 km north of China-Mongolia border where coal can be transported through railway systems to major coal consuming hubs in China. We also hold the mining and exploration licences of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. For more details, please refer to the *Coal Section*.
SouthGobi has unique Chinese and Mongolian elements. SouthGobi’s largest shareholders are China Cinda Asset Management Corporation Limited and China Investment Corporation, both of them are state-owned financial institutions in China and provide strong strategic and financial supports to SouthGobi. SouthGobi has strong operational record in Mongolia and its subsidiary, SouthGobi Sands LLC, has received numerous awards since 2007 and is one of the largest and most recognized enterprises in Mongolia. For more details, please refer to the *Award Section*.
Leveraging on its unique Chinese and Mongolian elements and acting as a bridge between China and Mongolia, SouthGobi is well positioned to capture the business opportunities arising from the “One Belt, One Road ” strategy of China and “Prairie Road” program of Mongolia, particularly in resources, energy and infrastructure areas.