600,000 tons of coal-to-olefin project of Beijing Haohua Energy Limited Company sign the contract with Hangjinqi on April 25, 2018.　　
　　A 600,000 tons of coal-to-olefin project framework cooperation agreement is signed between Beijing Haohua Energy limited company and the government of Ordos and Hangjinqi, with a total investment of 16 billion yuan.
It is estimated that 3.76 million tons of coal will be converted every year after the completion of the project, with annual sales revenue of 5.83 billion yuan and annual tax revenue of 370 million yuan.
　　At present, the project planning site selection and other preliminary issues are underway. It plans to complete the legal formalities of the project in 2018 and to begin construction in March 2019. It is estimated that the project will be operational by 2022.