Yitai Coal Industry Co., Ltd. is the first B-share listed company in the coal industry. Yitai is the first well-known trademark in China in the coal industry, and Yitai clean coal has been recognized as a national inspection-free product by AQSIQ, which is the only product in the coal industry that satisfies users all over the country.
Yitai Group has 14 large and medium-sized coal mines. The coal produced and operated has the characteristics of low ash, ultra-low phosphorus, ultra-low sulfur and medium-high calorific value, and is a natural "environmental protection" high-quality power coal. At present, the company has built 72.6 kilometers of Zhundong electrified railway (with a transportation capacity of 3 1 10,000 tons/year), Shanghai-Zhun railway 124. 18 kilometers (with a transportation capacity of 0/0.6 million tons) and Cao Yang highway 122 kilometers (complex). The second phase of Zhundong Railway with a total length of 65.5 kilometers and the special railway line of Suancigou Coal Mine with a total length of 26.8 kilometers are under construction.
After the completion of the ongoing coal mine construction project, the company's coal production capacity will be increased to 28.05 million tons/year. After the completion of Yitaidai and Talahao coal mine projects approved by the 11th Five-Year Development Plan of the national coal industry in 2008 and 2009, the raw coal production capacity of Yitai Group will exceed 50 million tons per year.
Yitai Group actively carried out scientific and technological innovation, organized scientific researchers to tackle the technical problem of "safe recovery of sluggish coal pillars under room mining conditions", and passed the results appraisal organized by the State Administration of Work Safety. This technology liberates a large number of dull coal pillars, improves the recovery rate of coal resources, solves the geological disasters caused by the sudden collapse of the roof of dull coal pillars under mine pressure, and the problems of spontaneous combustion of waste coal polluting the environment and destroying the ecological balance, which has remarkable economic and social benefits.
In 2006, with the approval of the Development and Reform Commission of Inner Mongolia Autonomous Region, the first demonstration production line of coal-based synthetic oil products in China (with an annual output of 480,000 tons in the first phase) started construction, and it is planned to be completed and put into operation in September 2008.
According to the idea of diversified development, Yitai Group has now formed complementary industries such as real estate, biopharmaceuticals and solar energy in non-coal fields. Yitai Real Estate has successfully developed Jingtai Huafu and Yitai Huafu real estate projects by using the existing land resources, which will become the company's new economic growth point after completion. Yitai Pharmaceutical Co., Ltd. relies on Yitai Long Dan and Shenglong, two GMP-certified pharmaceutical bases, to produce 8 dosage forms of Chinese and Western medicines, 176 varieties.
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