Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasis on 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 major operating bases of Shandong, Inner Mongolia, Shaanxi &Gansu, Xinjiang and Australia. The Group strives to achieve an annual raw coal output of over 300 million tons by the end of the 15th Five‑Year Plan period.
On 9 September 2022, Yancoal Australia HKEX closed at HKD 39.55 per share with an increase of 13.32% on that day, and ASX at AUD6.91 per share with an increase of 5.34% on that day, both of which were at record levels. Based on the HKEX closing price, the market capitalization of the Company exceeded the HKD50 billion for the first time.
In the first half of 2022, Yancoal Australia achieved the sales revenue of RMB22.2 billion and total profit of RMB11.3 billion with respectivelyan increase of 169% and 1481%compared with the corresponding period of the previous year, and distributed interim dividend of RMB3.3 billion, with all three indicators hitting a record high.
Under the leadership of Shandong Energy Group and Yankuang Energy (600188.SH, 01171.HK), Yancoal Australia will adhere to the corporate governance philosophy of “transparency, compliance and efficiency”, persevere in the forward-looking strategic orientation and international vision, continue to build the company into the platform for the overseas investment management and control, corporate governance demonstration, business model innovation, international talent training, intelligent mine demonstration of Shandong Energy Groupand Yankuang Energy, and strive to build it into the best operationmodel among Australian coal enterprises.
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