Founded in March 1988, Inner Mongolia Yitai Group Co Ltd is a large enterprise engaged in the production, transportation and sales of coal. It integrates the railway transport and coal chemical industries, supplementing them with non-coal industries such as real estate development, ecological restoration and organic agriculture.
Its subsidiary Inner Mongolia Yitai Coal Co Ltd is listed on the B-share market of the Shanghai Stock Exchange and Hong Kong Stock Exchange's H-share market.
Yitai Group ranked No 348 and No 19 in the list of China's Top 500 enterprises and Top 50 coal enterprises this year. It also tops Inner Mongolia's coal producers.
By the end of 2016, the Group had 65 subsidiaries and 13 coal mines and 3,700 employees. It controlled some 500km of self-operated rail routes, a coal transport station and 3,700 employees. Its total assets have reached 110 billion yuan and its business has expanded to Xinjiang, Beijing, Tianjin, Hong Kong, the US and Russia.
The Group has also been No 1 for several consecutive years among the local enterprises in Ordos in term of economic contribution to the city. It was rewarded by the former Ministry of Coal Industry for its excellent field management.