The CCEF-30 2017 Autumn Summit was held in International Conference Center, Beijing on 17 September. This summit is an essential part of 2017 China Energy Research Society Meeting. The major theme of this summit was "pushing forward marketized debt-to-equity swap in a scientific manner and lower leverage ratio of coal enterprises in a vigorous but prudent way" and representatives from governments, colleges and universities, coal enterprises and financial institutions attended the summit.
Mr. Li Wei, general manager of Yankuang Group, delivered a keynote speech on the debt-to-equity swap. Mr. Li introduced measures by Yankuang to lower leverage ratio in various ways, especially conditions and difficulties on the marketized debt-to-equity swap, capital operations of Yancoal Australia Limited and experiences gained and put forward feasible suggestions in difficulties facing debt-to-equity swap.