The company is a large-scale energy enterprise owned by China Coal Group and a combination of coal power and new energy sources. It is also one of the four major coal enterprises in Anhui Province. The company was developed and constructed in December 1989. It was originally a local coal mining enterprise in Huainan City. In 1994, it was transferred from a local enterprise to a central enterprise. In 2007/12, the company's A shares were successfully listed on the Shanghai Stock Exchange. In September 2016, the company was managed by 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 of the company and entrusted 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 two industries: coal and electric power. The company's main products are thermal coal and electricity. Thermal coal is mainly used for thermal power generation, boiler combustion, etc.
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