About China Coal Xinji Energy Company

The company is a large-scale energy enterprise owned by China Coal Group and a combination of coal, electricity, and new energy sources. It is also one of the four largest coal companies in Anhui Province. The company was developed and built in December 1989. It was originally a local coal mining enterprise in Huainan City. It was controlled by the National Development and Investment Corporation in 1994, and changed from a local enterprise to a central enterprise. In December 2007, the company's A shares were successfully listed on the Shanghai Stock Exchange. In September 2016, the company was transferred to the management of China Coal Group. By the end of 2022, China Coal Group's shareholding ratio was 30.31%, Guohua Energy Company's shareholding ratio was 7.59%, Anhui Xinji Coal and Power Company's shareholding ratio was 7.18%, and other social shareholders held 54.92%; total assets were 32.9 billion yuan, and the total number of employees in the company and trustee enterprises was 18,348. The company mainly deals in energy projects focusing on coal mining, coal washing, and thermal power generation, and sells coal and electricity to foreign countries; the company's business involves the two industries of coal and electricity. The company's main products are thermal coal and electricity. Thermal coal is mainly used for thermal power generation, boiler combustion, etc.