The company was approved by the Shandong Provincial People's Government, and was jointly established in July 2002 by five legal entities, including Yankuang Group Co., Ltd., China Coal Energy Group Corporation (formerly China Coal Industry Import and Export Group Corporation), Zibo Mining Group Co., Ltd., Shanxi Lu'an Mining (Group) Co., Ltd., and Shanxi Jincheng Anthracite Mining Group Co., Ltd. It mainly engages in the handling, storage and transit business of bulk goods and miscellaneous goods such as metal ore, coal and its products, containers, food, timber, steel, non-metallic ores, cement, etc., and logistics value-added services such as port cargo transportation agency and warehousing. Corporate honors include the 14th Golden Round Table “Special Contribution Award for Board Governance”, the 2nd China Excellent IR “Best Credit Award”, and the 7th China Listed Company Integrity Forum “2018 Honest Brand for Listed Companies”, which won honors such as the National Model Workers' Home and the “Top Ten Workers' Homes Trusted by Employees” in Shandong Province.
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