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.
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.
Enterprise OA
Corporate Email Address
