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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 ]

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Company Profile

Members of the Board of Directors

Mr. Li Wei, born in September 1966, is a research fellow in applied engineering technology and holds a doctoral degree in engineering. Currently, Mr. Li Wei serves as the Chairman of the Company, the Secretary of the CPC Shandong Energy Committee and Chairman of Shandong Energy Group Co., Ltd. Mr. Li Wei joined the predecessor company in 1988, took office as the Vice General Manager of Baodian Coal Mine of the former Yankuang Group in December 1996 and was appointed as the Director of Restructuring Division of Strategic Resource Development Department of former Yankuang Group in May 2002. In September 2002, he was appointed as the Secretary of the CPC XilinNeng Hua Committee, Chairman and General Manager of YankuangXilinNeng Hua Co., Ltd. Mr. Li Wei started to preside over works at Baodian Coal Mine in March 2004 and later became the Deputy Secretary of the CPC Baodian Coal Mine Committee and the General Manager in September 2004. He became the Deputy Secretary of the CPC Nantun Coal Mine Committee and the General Manager of Nantun Coal Mine, Deputy Chief Engineer and Deputy Director of the Safety Supervision Bureau of former Yankuang Group in August 2007 and August 2009 successively. Mr. Li Wei took positions as the Vice General Manager and Director of the Safety Supervision Bureau of former Yankuang Group in April 2010, and was employed as Deputy Secretary of the CPC Yankuang Committee, Director and General Manager of former Yankuang Group in May 2015. He was promoted as the Vice Chairman of the Board of the Company in June 2016, the Deputy Secretary of the CPC Hualu Holdings Committee, Director and General Manager of Hualu Holdings Co., Ltd in August 2020 and the Secretary of the CPC Shandong Energy Committee and the Chairman of Shandong Energy Group Co., Ltd in June 2021. In August 2021, Mr. Li Wei took the position as the Chairman of the Company. Mr. Li Wei graduated from University of Science and Technology Beijing.