(accec.org)
Updated: 2008-04-29 11:31

With rich coal resource, and more than 2000 years of mining history, the annual output of unsorted coal in Henan province amounts to more than 145 million tons a year, with a total value of more than 60 billion Yuan.

The coal outpu in Henan accounts for nearly 10% of the country's total, ranking second in China. There are 40 large coal mines with production capacity of 600,000 tons in Henan province. Five coal bases of Pingdingshan, Jiaozuo, Hebi, Yima and Zhengzhou has been set up. Coal industry has developed into a backbone industry in the province.

Five-year developing target of the province's coal industry

Plan to increase production capacity of more than 3 million tons to keep the annual output of unsorted coal at a steady level of 150 million tons or so;

Plan to make coal washing rate more than 50%, and coal recycling rate more than 60%. Establishing 5 large coal-based chemical industry bases, making coal-based chemical industry a newly emerging backbone industry;

Plan to make sure the mortality in coal production no more than 2% per million tons;

Speed up the construction of coal base, making the output of backbone coal enterprises account for 80% of total coal output of the province.

Brief introduction of major enterprises

Yongcheng Coal & Electricity (Group) Co., Ltd

Main business scope

Coal mining, coal-based chemicals, coal-based power, etc.

Yongcheng Coal & Electricity (Group) Co., Ltd is a newly emerging large enterprise group, with annual capacity of 10 million tons. It is the one of the 6 largest blind coal bases in China. The output and profit has increased fast in recent years, the annual total volume of profits has reached 10 billion Yuan. The top management of corporation plans to achieve the goal of annual profit of 30 billion Yuan within 5 years, and change Yongcheng Coal & Electricity Co., Ltd into a modern, comprehensive energy group corporation in near future.

Pingdingshan Coal Co., Ltd

Main business scope

Coal mining, coal-based chemicals, coal-based power and machinery manufacturing, etc.

Pingdingshan Coal Co., Ltd is an extra large coal base founded in 1955. It is the biggest coking coal base of Central & South China, one of the 520 nationwide key enterprises and the biggest industrial enterprise of Henan Province. The miming area, with full variety of coal sorts and good quality coal, extends more than 50 kilometers.

The main coal products include coking coal cleans, 1/3 coking coal and fat coal, while non-coal products mainly include building materials, explosives, coal coke, coal gas, carborundum, graphite electrode, leather, etc.

At present, it has total assets of 8.8 billion Yuan, annual sales revenue of 6 billion yuan and 53 branch companies with 133,000 workers and staff members.

Yima coal Industry (Group) Co., Ltd

Main business scope

Coal mining, coal-based chemicals, coal-based power, coal-based building materials, metal and machinery manufacturing, etc.

Yima coal Industry (Group) Co., Ltd is a large coal base, with annual unsorted coal output of 160 million tons, and total assets of 6 billion Yuan. The company is extending its business activity into disparate fields. The industrial chain with coal-based power, coal-based aluminum, coal-based chemicals and coal-based building materials is under construction. The total operating volume is expected to break through 10 billion Yuan by 2010.

Zhengzhou Coal Industry Group Co., Ltd.

Main business scope

Coal mining, coal-based chemicals, coal-based power, metal, machinery manufacturing and railway transportation, etc.

It now possesses total assets of 6.4 billion Yuan, with 45 thousand employees, 46 branches and subsidiary companies, and production capacity of 10 million tons per year. A structure with coal as its main business and building materials, power station, railway and machinery manufacturing as subsidiary business has been formed.

Jiaozuo Coal (Group) Co. Ltd.

Main business scope

Coal mining, coal-based chemicals, coal-based power and machinery manufacturing, etc.

Jiaozuo Coal (Group) Co. Ltd is one of the most important bases of blind coal production, and one of the 500 biggest companies in China. Now it has more than 46 thousand employees, including 4,656 professional Engineers, and with total assets of 2,557 million Yuan and fixed assets of 1,746 million. It not only operates coal, but also electric power, smelt, constructional stuff, chemical industry.

Hebi Coal Industry (Group) Corporation Limited

Main business scope

Coal mining, coal-based chemicals, coal-based power and machinery manufacturing, etc.

Hebi Coal Industry (Group) Corporation Limited (HBCG hereinafter) is a large enterprise group reformed from former Hebi Mining Bureau founded in 1957. It is one of the 520 national key state-owned enterprises, one of the 100 most comprehensive strength enterprises in Henan Province. In 2004, the total assets of HBCG is 4.636 billion Yuan, and the total volume of profits and tax reached 434 million Yuan, among which, the sales income from coal is 1.754 billion Yuan.

Mining area covers an area of 150 square kilometers. At present, the demonstrated reserve of coal is 1.341 billion metric tons, the available reserve is 1.088 billion metric tons, and the workable reserve is 429 million metric tons. There are 4 coal preparation plants with annual coal washing capacity of 4.05 million metric tons.

For many years, based on efficient management and high prestige in business, the corporation has won the following titles: China Excellent Enterprise, China Coal Industry Excellent Enterprise, Quality Standardization Mining Bureau, Coal Quality-Trusted Enterprise, Contact-Honored and Promise-Kept Enterprise, Advanced Enterprise in Safety Production and May 1 Labor Medal, etc.