About ARES ASIA Company

Anyu Asia Limited (stock code: 645) is an investment holding company listed on the Hong Kong Stock Exchange. Through our own coal trading platform, we focus on developing the rapidly growing hot coal industry while seeking strategic investment opportunities in the mining and resources industry to create value for our shareholders. The company's new leadership team all have rich investment and operation experience in the Asian resources industry. Under the leadership of this team, the company strives to grasp the value curve of the mining and resources industry and create long-term value for shareholders. Given the continuing trend of industrialization and urbanization in major developing countries such as China and India, and thermal coal is the main fuel in the energy mix of many developing countries, the company believes that demand for resources in these countries remains strong. As Indonesia is the lowest-cost producer in the region, the company believes Indonesia will benefit from continued growth in global thermal coal consumption. Thanks entirely to the company's strategic and deep relationships and local knowledge with Indonesia, the world's largest exporter of thermal coal, and its listing platform in Hong Kong, which is close to mainland China, the world's largest coal market, the company has a leading edge in developing this industry.