www.chinaservicesinfo.com

Enterprises

Huaibei Coal Mining Group

Updated: Aug 30, 2019 www.chinaservicesinfo.com Print
Share - WeChat
Huaibei Coal Mining Group is a large-scale State-owned enterprise. [Photo/hbcoal.com]

Huaibei Coal Mining Group was founded in 1958 and has developed into a large-scale State-owned enterprise focused on coal power, chemical engineering and modern services.

Located in Huaibei, East China's Anhui province, the group enjoys a convenient transport system integrating railways, highways and waterways. With a mining area of 9,600 square kilometers, the group stretches across Anhui's Huaibei, Suzhou, Bozhou, and Chuzhou, and it has coal reserves of 8.5 billion metric tons, of which scarce coal resources such as fat coal, coking coal and lean coal account for more than 85 percent of the total reserves.

Over 60 years of development, it has now grown into a cross-regional and multi-industry group with a total asset volume of more than 92 billion yuan ($12.84 billion) and more than 67,000 staff members. Its annual coal production totaled 35 million tons and carbon coke production was 4.4 million tons.

The group has created a modern logistics system integrating coal marketing, material trading, shipping and ports, and e-commerce. In 2017, it realized an operational revenue of 60 billion yuan and ranked 18th in the China Top 50 coal enterprises in 2018.

In the first half of 2019, the operation revenue of the group hit 30.5 billion yuan, a decrease of 11.75 percent year-on-year, while its net profit was 1.93 billion yuan, growing by 16.98 percent year-on-year.

Address: Middle 276 Renmin Rd, Huaibei, Anhui province
Tel: +86-561-4951292/4952468
E-mail: hbkyrczx@163.com
Official website: https://www.hbcoal.com/index.htm

Copyright©2024 China Daily. All rights reserved.

京ICP备13028878号-6

京公网安 京公网安备 11010502032503号