Enterprise OA Corporate Email Address

Company Profile

Founded in 1997, Yankuang Energy Group Company Limited (“Yankuang Energy” or “The Company”) takes mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics as pillar industries. It is the only mega-sized energy enterprise in China that enjoys four major listing platforms in China and beyond (Shanghai, Hong Kong, New York, Australia).In 2021, the Company produced 105million tons of salable coal and 5.79 million tons of chemicals. In accordance with Chinese Accounting Standards, the Company achieved an operating revenue of RMB152 billion and the net profit attributable to the Shareholders of the Company reached RMB16.3 billion for the year 2021. As at the end of 2021, the Company registered a total asset of RMB288.7 billion and the net asset attributable to the Shareholders of the Company amounted to RMB68.2 billion.[ more]

Business Overview

Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasison industrial operation and capital operation, fostering five major industries of mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics, and building three major operating bases of Shandong, Shaanxi &Inner Mongolia and Australia. Looking ahead, it will work to achieve an annual coal production capacity of 300 million tons in 5-10 years, and build more than 8 green and intelligent mining coal mines each with a production capacity ofover 10 million tons.The annual output of chemicals products will exceed 20 million tons. The vision is to realize 3million kW of installed capacity of wind and solar power by the end ofthe “fourteenth five-year plan” (2021-2025), and 10million kW in 5-10 years.[ more ]

Company News

Investor Relations

The Company always adheres tohigh standards in building good investor relations, continues to enrich and optimize communication channels and methods such as performance roadshow, investment strategy meeting, on-site meeting, telephone meeting, investor hotline, company email and SSE E-Interactive, and constantly improves the effectiveness and timeliness of the interaction with investors, and proactively launches news reports, performance reports, performance roadshow materials and other information through the website, WeChat and other new media platforms, which has realized positive interaction between the Company and the capital market.[ more ]

Sustainable Development (ESG)

Yankuang Energy is firmly committed to green, low-carbon and sustainable developmentconstantly with a highly responsible attitude towards customers, employees, shareholders, suppliers, partners and society.As one of the firstgroupcompanies publicly disclosed both inShanghai Stock Exchange and Hong Kong Stock Exchange,it has voluntarily disclosed the ESG Report for 14 consecutive years so far. In 2021, it ranked the first in China's coal industry in the international Carbon Disclosure Project (CDP) and the fifth in the global coal industryin the S&P Global Corporate Sustainability Assessment (CSA), winning the title of industry model among China's carbon companies. In 2022, it was selected on the list of the Forbes 2022 China ESG 50.[ more ]

Contact Us

Current position： Home| Company News| Company news|
Company Profile

Yankuang Energy's net profit for the first three quarters increased by 135.25% as compared with that of the corresponding period of the previous year, which is attributable tothe new strategic transformation

Release date：2022/10/30 Source：


On October 29, Yankuang Energy released its results report for the third quarter of 2022. In the first three quarters of this year, the Company achieved the operating revenue of RMB151.347 billion, the net profit of RMB27.128 billion attributable to shareholders of the listed Company and net profit of RMB26.84 billion attributable to shareholders of the listed Company after deducting non-recurring gains and losses, increasedby 44.09%, 135.25% and 128.26%respectively as compared with the corresponding period of the previous year.

In the first three quarters of this year, the prices of the Company's main products remained high due to the rising energy prices at home and abroad. The Company continues to promote lean management for hedging the impact of rising costs, which enables the significant improvement of the Company's performance.

Since 2022, the Company has accelerated the pace of strategic transformation and upgrading, and promoted the concentration of advantageous resource factors to “five majorindustries”, in order to ensure continuous optimization of the industrial structure and significant enhancement of competitive strength.