The company was owned by State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government [zh].

However, Shanxi SASAC granted fellow state-owned enterprise Jincheng Anthracite Mining Group (JAMG) to manage their stake since 2011.

In September 2016 Taiyuan Coal Gasification Group sold 24.26% stake of the listed company to JAMG for CN¥856.13 million (CN¥6.87 per share).

The assets and liabilities of the listed company before 31 January 2016 would sold back to Taiyuan Coal Gasification Group.

In 2005 Taiyuan Coal Gasification Group was in the enterprise list in line with Coking Industry Access Condition (first batch) of the National Development and Reform Commission.

[10][11] Xuangang (a subsidiary of Tangsteel Group), the second largest shareholder of Shenlong Energy Coking, had invited company to make an offer for their 33.21% stake in 2007, for a base price of CN¥28.905 million.

[20] In August 2012, the coal gangue thermal power station and the number 2 coking factory of the listed company were closed down due to urban renewal policy of Taiyuan.

[30]: 15 In 2016, a plan to sell all of the assets and liabilities at 31 January 2016 of the listed company to Taiyuan Coal Gasification Group was announced.

[32] China Coal Group later acquired 3.9% stake from China Cinda to become the controlling shareholder, but in 2013 16.18% stake was transferred to State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government [zh], making Shanxi SASAC became the largest shareholder, jumping from the second.