Company News

Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasison industrial operation and capital operation, fostering five major industries of mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics, and building three major operating bases of Shandong, Shaanxi &Inner Mongolia and Australia. Looking ahead, it will work to achieve an annual coal production capacity of 300 million tons in 5-10 years, and build more than 8 green and intelligent mining coal mines each with a production capacity ofover 10 million tons.The annual output of chemicals products will exceed 20 million tons. The vision is to realize 3million kW of installed capacity of wind and solar power by the end ofthe “fourteenth five-year plan” (2021-2025), and 10million kW in 5-10 years.

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Business Overview

New energy

Relying on industrial clusters in Shandong, Shaanxi-Inner Mongolia, Xinjiang and other regions, the Company focuses on onshore wind and solar power generation and the upstream and downstream industries of photovoltaic, and orderly implements resource integration and professional management. It currently operates one Fengwei photovoltaic power plant in Inner Mongolia, with a total installed capacity of 100MW. The Luxi Smart Manufacturing Park has achieved the "direct connection to green electricity", and Yankuang Tai’an Port’s “zero-carbon park” in has been constructed with high standards, achieving full coverage of clean energy and dynamic carbon neutrality. The projects are developed, including “source, grid, load and storage”, hydrogen production with green power projects of Rongxin Chemicals and Xinjiang Neng Hua.