Jincheng Anthracite Mining Group of aforementioned deal, which JAMG and Taiyuan Coal Gasification Group may owned 40.05% and 13.38% stake respectively, with new investors owned 20%. The shareholders of JAMG, as at 31 December 2015 were the State-owned Assets Supervision and Administration Commission (SASAC) of , China Development Bank (via a wholly owned subsidiary) and China Cinda Asset Management. The latter acquired the stake by debt-to-equity swap. On 29 January 2015 JAMG bought back 3.61% stake from China Construction Bank. The treasury stock was than canceled in mid-2015. Jincheng Anthracite Mining Group Shanxi Jincheng Anthracite Mining Group Co., Ltd. (JAMG) is a Chinese state-owned
Siberian Anthracite a part of the Alltech Group, which is the majority shareholder. The company is led by CEO Anastasia Poprygaeva. Siberian Anthracite dates back to the mid-1970s, having been founded in 1974 to supply a number of Soviet enterprises producing electrodes and metallurgical and ferroalloy plants. The company's assets were restructured in 2001 as CJSC Siberian Anthracite. In 2011, it was reported that the company planned to list its shares in London. Siberian Anthracite was a founder member of Novosibirsk-based professional ice-hockey club Sibir, and continues to sponsor the club. Siberian Anthracite Siberian Anthracite () is Russia's largest producer of ultra