Exhibit 8



Subsidiaries of the Registrant



|                                                        |                                         |                                                                
|------------------------------------------------------- | --------------------------------------- | ---------------------------------------------------------------
|Name                                                    | Jurisdiction of Incorporation           | Percentage Ownership                                           
|Bijie Feishang Energy Co. Ltd.                          | Peoples Republic of China              | 100% (held by Guizhou Puxin)                                   
|China Coal Mining Investments Limited                   | Hong Kong Special Administrative Region | 100% (held by Registrant)                                      
|Feishang Dayun Coal Mining Limited                      | Hong Kong Special Administrative Region | 100% (held by Pineboom)                                        
|Feishang Mining Holdings Limited                        | British Virgin Islands                  | 100% (held by Registrant)                                      
|Feishang Yongfu Mining Limited                          | Hong Kong Special Administrative Region | 100% (held by Newhold)                                         
|FMH Corporate Services Inc.                             | Florida                                 | 100% (held by Registrant)                                      
|Guizhou Dayun Mining Co. Ltd.                           | Peoples Republic of China              | 100% (held by Yangpu Dashi)                                    
|Guizhou Fuyuantong Energy Co. Ltd.                      | Peoples Republic of China              | 100% (held by Smartact)                                        
|Guizhou Nayong Dayuan Coal Mining Co. Ltd.              | Peoples Republic of China              | 99% (held by Guizhou Puxin)                                    
|Guizhou Puxin Energy Co. Ltd.                           | Peoples Republic of China              | 100% (held by Guizhou Fuyuantong)                              
|Guizhou Yongfu Mining Co. Ltd.                          | Peoples Republic of China              | 70% (held by Guizhou Puxin)                                    
|Hainan Yangpu Dashi Industrial Co. Limited              | Peoples Republic of China              | 100% (held by Guizhou Puxin)                                   
|Hong Kong Smartact Limited                              | Hong Kong Special Administrative Region | 100% (held by Wealthy Year)                                    
|Jinsha Baiping Mining Co. Ltd.                          | Peoples Republic of China              | 70% (held by Guizhou Puxin)                                    
|Jinsha Juli Energy Co. Limited                          | Peoples Republic of China              | 100% (99% held by Guizhou Puxin and 1% held by Beijie Feishang)
|Liuzhi Linjiaao Coal Mining Co. Ltd.                    | Peoples Republic of China              | 99% (held by Guizhou Puxin)                                    
|Liuzhi Xinsong Coal Mining Co. Ltd.                     | Peoples Republic of China              | 99% (held by Guizhou Puxin)                                    
|Nayong Gouchang Coal Mining Co. Ltd.                    | Peoples Republic of China              | 99% (held by Guizhou Puxin)                                    
|Newhold Investments Limited                             | British Virgin Islands                  | 100% (held by Registrant)                                      
|Pineboom Investment Limited                             | British Virgin Islands                  | 100% (held by Registrant)                                      
|Shenzhen Chixin Information and Consulting Co. Limited  | Peoples Republic of China              | 100% (held by Guizhou Puxin)                                   
|Shenzhen Feishang Management and Consulting Co. Limited | Peoples Republic of China              | 100% (held by Yunnan Mining)                                   
|Silver Moon Technologies Limited                        | British Virgin Islands                  | 80% (held by Registrant)                                       
|Sunwide Capital Limited                                 | British Virgin Islands                  | 100% (held by Registrant)                                      
|Wealthy Year Limited                                    | British Virgin Islands                  | 100% (held by Registrant)                                      
|Wuhu Feishang Mining Development Co. Ltd.               | Peoples Republic of China              | 100% (held by Feishang Mining)                                 
|Yangpu Lianzhong Mining Co. Ltd.                        | Peoples Republic of China              | 100% (held by China Coal)                                      
|Yangpu Shuanghu Industrial Development Co. Limited      | Peoples Republic of China              | 100% (held by Feishang Yongfu)                                 
|Yunnan Feishang Mining Co. Ltd.                         | Peoples Republic of China              | 100% (held by Wuhu Feishang)