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Is Yankuang Energy Group Co., Ltd. a state-owned enterprise?

Yes, Yankuang Energy Group Co., Ltd. is a state-owned enterprise.

Yankuang Energy Group Co., Ltd. is a state-owned large-scale energy enterprise founded in 1997 and headquartered in Zoucheng, Shandong Province.

The company's leading industries include mining, high-end chemical new materials, new energy, high-end equipment manufacturing, and smart logistics. It is the only large-scale energy company in China with four domestic and overseas listing platforms including Shanghai, Hong Kong, New York, and Australia.

The company's business integrates coal mining and washing, coal chemicals, and efficient, clean and comprehensive utilization of coal. It implements cross-regional, cross-industry, and diversified operations. It is a diversified new energy enterprise that comprehensively develops coal and coal chemicals. It is also a Yankuang Energy

Focus on building the "three major energy bases".

In 2021, the output of commercial coal is 105 million tons, and the output of chemical products is 5.79 million tons; according to Chinese accounting standards, the operating income is 152 billion yuan, and the net profit attributable to the parent company is 16.3 billion yuan; the total assets at the end of the year are 288.7 billion yuan, and the net assets attributable to the parent company are 68.2 billion yuan.

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The company adheres to the corporate mission of "creating green momentum and leading the energy revolution", actively integrates into the national "double carbon" strategy, focuses on integrity and innovation, accelerates reform and transformation, and builds three major operating bases in Shandong, Shaanxi and Mongolia, and Australia, accelerating its global expansion

First-class, sustainable clean energy leads demonstration enterprises to move forward.

The company actively participates in the green and low-carbon transformation of global energy, building three major industrial chains of "coal, coal chemical industry, and new energy" to achieve "coal-chemical-new energy" circular and efficient development, and strives to build a domestic first-class and internationally renowned company by 2035.

Clean energy companies.