A view of the headquarters building of Shandong Energy Group in Ji'nan city, east China's Shandong province, 28 August 2016.
China Construction Bank Corp (CCB) , the country's second-largest lender, said on Tuesday (15 November 2016) that it has signed a 21 billion yuan ($3.1 billion) agreement to conduct a debt-for-equity swap with Shandong Energy Group Co. State-owned Shandong Energy is one of China's biggest coal producers. Its coal production was more than 130 million tonnes in 2015, according to a statement released on CCB's website.Da qing—Imaginechina/AP