Chen Biting, the chairman of China Shenhua Group, China’s top coal producer, said the state-owned company would transfer all of its coal-assets to its listed subsidiary China Shenhua Energy Co Ltd within two to three years and would conduct an IPO itself by 2010, China Business Net reported. Its remaining coal related assets include about 67 million tons of annual coal production capacity, the bulk of which is tied up in a 51-49 joint venture with the Ningxia government in Shenhua Ningxia Coal Industry (Group) Corporation. The rest were ...