Founded in 1997, Yankuang Energy Group Company Limited (“Yankuang Energy” or “The Company”) takes mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics as pillar industries. It is the only mega-sized energy enterprise in China that enjoys four major listing platforms in China and beyond (Shanghai, Hong Kong, New York, Australia).In 2021, the Company produced 105million tons of salable coal and 5.79 million tons of chemicals. In accordance with Chinese Accounting Standards, the Company achieved an operating revenue of RMB152 billion and the net profit attributable to theShareholdersof the Company reached RMB16.3 billion for the year 2021. As at the end of 2021, the Company registered a total asset of RMB288.7 billion and the net asset attributable to theShareholdersof the Company amounted to RMB68.2 billion.
Adhering to the corporate mission of “developinggreen energy to lead energy revolution”, Yankuang Energy actively integrates into”Carbon Peaking & Carbon Neutrality” strategy of China, upholds integrity, promotes innovation and accelerates industrial reform and transformation. Yankuang Energy has established three operating bases in Shandong, Shaanxi & Inner Mongolia and Australia, and is moving fast to build itself into a clean energy supplier and a world-class enterprise.
By the end of 2021, Yankuang Energy recorded 62,000 employees in total and 4.874 billion shares of share capital. Shandong Energy Group Co., Ltd, the controlling shareholder, ranks 69th on the 2022 Fortune Global 500 List and 23rd among China Top 500 Companies and holds 55.76% of the total share capital of the Company.With excellent performance, sound management, strong international competitiveness and exemplary performance of social responsibility, the Company has been widely recognized by the industrial peers across the world as well as the domestic and international capital markets.The Company has been selected as one of the “Two Hundred Enterprises” under the SOEs reform project initiated by SASAC of the State Council and has won “National Quality Award”for two times. It is also the only energy enterprise in China that has won the Asian Quality Excellence Award and the Global Performance Excellence Award.In 2022, the Company is selected as the constitute stock of the CSI 300 Index as well as the SSE 180 Index. The Company also secured its place in the Forbes 2022 China ESG50 list and ranked 93rd among the Fortune China Top 500 companies.