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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. Liu Qiang, born in October 1972, a senior engineer and holds a Master’s degree of engineering, currently is a Director of the Company, a member of the CPC standing committee and the vice general manager of Shandong Energy. Mr. Liu joined Shandong Lunan Chemical Fertilizer Factory in 1995, was appointed as the vice general manager of Yankuang Cathay Coal Chemical Company Limited in October 2009. Mr. Liu took office as the vice general manager of Yankuang Lunan Chemicals Co., Ltd. in May 2012 and took office as the chairman of the CPC committee, the general manager and an executive director of Yankuang Coal Chemical Engineering Company Limited in April 2014. Mr. Liu took office as the vice chairman of the CPC committee and general manager of Yankuang Lunan Chemicals Co., Ltd. in March 2016 and the deputy secretary of the CPC committee, the chairman and the general manager of Yankuang Lunan Chemicals Co., Ltd. in May 2017. Mr. Liu took office as the vice general manager of Yankuang Chemical Engineering Company Limited and the secretary of CPC committee and chairman of Yankuang Lunan Chemicals Co., Ltd. in September 2019. Mr. Liu was appointed as the vice general manager of the Company in September 2021, then was appointed as a member of the CPC standing committee and the vice general manager of Shandong Energy in March 2022. He became the Director of the Company inJune2023. Mr. Liu graduated from East China University of Science and Technology and Zhejiang University.