The company was founded in 1988 and is a Sino-foreign cooperative management enterprise jointly funded by Shandong Jinan Light Bike General Factory, Hainan State-owned Guilin Yang Farm, and Hong Kong Wanlejia Co., Ltd. It was restructured into a joint stock enterprise in 1992, and the company's shares were listed on the Shenzhen Stock Exchange in 1994. The main business is the extraction and sale of coal. The main product is coal. Company Honors: Rated as “National AAAA Logistics Enterprise”, “Shanghai Famous Brand Logistics Enterprise”, etc.
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