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China National Coal Group Corporation (hereinafter referred to as China Coal Group), previously known as China National Coal Import and Export Corporation which was established in July 1982,is the key state-owned enterprise under the Sate-owned Assets Supervision and Administration Commission of the State Council. China Coal Group’s core businesses comprise: coal production and trade, coal chemical, pit-mouth power generation, coal mine construction, coal mining equipment manufacturing and relevant engineering technical services. China Coal Group solely initiated the establishment of China Coal Energy Company Limited which was listed in Hong Kong Stock Exchange in December 2006 and returned to Shanghai Stock Exchange in February 2008.

China Coal Group, a large coal producer in China,now has 63 coal mines with the total production capacity of 288 million tons which are mainly distributed in provinces and autonomous regions such as Shanxi, Shaanxi, Inner Mongolia, Jiangsu,Anhui, Heilongjiang as well as Xinjiang. Meanwhile China Coal Group has 38 coal washing plants with washing capacity of 280 million tons. With over 30 years history in coal and coke import and export trade, China Coal Group has owned comprehensive logistics dispatch centers and distribution networks.The coal chemical business has established fixed scale. The coal chemical projects relating to coal-based olefin with annual designed capacity of 1.2 million tons, coal-based methanol with annual designed capacity of 1 million tons as well as coal-based urea with annual designed capacity of 2 million tons have yielded investment return. Scale of coal conversion has continued to expand, which has come on stream as new growth drivers. Through building new power plants and carrying out equity investment, China Coal Group has been promoting the integrated development of coal and electricity.34 power plants have been put into operation and under construction. The total installed capacity controlled by China Coal Group exceeds 10,000 megawatts. Coal mining equipment manufacturing business ranks No.90 in domestic machinery industry and No.1 in coal mining equipment industry and has the design and manufacturing capacity for complete set of underground mining and excavation equipment, which has taken the leading place in technical level and market share nationally. Coal mine design and construction enterprises undertake design and construction tasks for the majority of 10 million tons coal mining areas, 10 million tons coal mines of high yield and ef?ciency and large scale coal preparation plants,which represent the industry's highest level. At the end of 2016, China Coal Group had 54 subsidiaries of wholly-owned, controlled or equally shared and 4 overseas of?ces. Total assets of China Coal Group reached 314.2 billion Yuan and employees in total amounted to 120,000.

In the past several years,coal enterprises encountered operation difficulties against the backdrop of GDP growth slowdown, severe oversupply of coal mining capacity, volatile fluctuation of coal market. Thanks to the correct leadership of the Sate-owned Assets Supervision and Administration Commission of the State Council,China Coal Group fully implemented the guidelines of 18th National Congress of the Communist Party and subsequent plenary sessions. By upholding the general guideline of making progress while keeping stability, China Coal Group carefully performed various tasks concerning stable growth, structural adjustment and reform promotion, emphasized the market development, accelerated structural adjustment, strengthened safety supervision, tapped the potentialities and improved ef?ciency, promoted management enhancement, deepened reform and innovation, preformed social responsibility,which resulted in new progress and achievement in production operation and reform development. In 2016, China Coal Group produced 133 million tons of raw coal. The sales volume of coal reached 166 million tons. The production volume of olefin and urea amounted to 1.174 million tons and 2.135 million tons respectively. The operating revenue of China Coal Group reached 77.6 billion Yuan.

During the 13th Five-Year Plan period, China Coal Group will implement the dedicated strategy of building itself into the clean energy supplier and energy comprehensive service provider with relatively strong international competiveness. China Coal Group will stick with the development guideline of“12355”. China Coal Group will hinge around one center, namely to adopt market-oriented and efficiency-centered approach. China Coal Group will focus on establishing two business lines, namely new circular economy business line incorporating coal mining, electricity generation and coal-based chemical in addition to the new business line of energy comprehensive service comprising engineering construction, equipment manufacturing and design consultancy, research and development and relevant services. China Coal Group will deal with correctly three major relationships, namely the relationships of the present and the future, the reform and stability, management control and vitality. China Coal Group will focus on five tasks,namely safety stability, enhancement of quality and efficiency, transformation and upgrading,reform and adjustment, and consolidation of the fundamental and foundation. China Coal Group will implement voluntarily five concepts, namely innovation, coordination, green development,opening-up and mutual share. Looking into the future, China Coal Group will strive to double the revenue compared to that of 2015, achieve profit exceeding 10 billion Yuan and realize the objective of establishing clean energy supplier and energy comprehensive service provider by the end of 2025.

 
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