[North International Signed Uzbekistan Rail Supply Project]During the first China-Central Asia Summit Forum, witnessed by Kudratov, Minister of Investment, Industry and Trade of Uzbekistan, Mahkamov, Minister of Communications, and Wang Qiang, Vice Mayor of Xi'an, the general manager of North International Cooperation Co., Ltd. Shan Jun signed a 130,000-ton rail supply project contract with Uzbekistan Railways President Hasilov. In recent years, with the development of the country's economy, Uzbekistan has increased interconnection and cooperation with neighboring countries, such as the China-Kyrgyzstan-Uzbekistan Railway, Uzbekistan-Afghanistan-Pakistan-Pacific Corridor and other construction projects are actively advancing, so the demand for railway equipment such as tracks urgent. Uzbekistan Highly recognizes the strength of North International, and is willing to use this project to start in-depth cooperation with North International. The two parties also signed a framework agreement on railway wagon production capacity cooperation. Edit/Ma Xue
The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting
Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting