The holding is engaged in the coal and related resources extraction (natural gas mostly), build materials, mechanical and electrical production and repairing, mining equipment maintenance, environmental protection, logistics, financial services, real estate and agricultural business operations.
It was founded in 1999 in Lupanshui and engaged mostly in extraction, processing and sale of coal in China and abroad.
The shares of the group's subsidiary, Panjiang Refined Coal, are traded on the Shanghai Stock Exchange.
In the early 2010s, its companies produced about 15 million tons of raw coal annually, constantly increasing the volume.
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