Yankuang Group Co., Ltd. is an extra-large Provincial State-Owned-Enterprise (SOE) mainly engaged in coal mining & sales, coal chemical industry, electrolytic aluminum, machinery manufacturing and financial investment. The mining area commenced development in 1966; and Yanzhou Coal Mining Bureau was established in July 1976. It was restructured into a sole State-owned company in March 1996, and further developed into Yankuang Group Co., Ltd. in May 1999.
During the development and construction for more than 40 years, Yankuang Group has always been adhering to the concepts of "worldwide competition, casting the brand, first-class achievement"; Sticking to "common promotion of values of enterprise and staff"; Continuously optimizing the development strategy; Deepening the reformation of the systems and mechanisms; Speeding up the industrial structure adjustment and transformation upgrades; Striving to build the new-type, internationalized and integrated energy group and industry & finance group featuring "scientific management, industrial coordination, strong impetus and prominent superiority". Currently a development layout has been formed containing “Four Bases” including Shandong, Guizhou, Shaanxi and Inner Mongolia and “Two New Regions” including Xinjiang and Canada. At present, the professionalized managements have been implemented in five professional companies including Yanzhou Coal Mining, Coal Chemicals, Business Development, Donghua, Aluminum and three Energy & Chemical companies including Guizhou, Xinjiang, and Shaanxi Future, and companies directly under Yankuang Group including Donghua Heavy Industry, Donghua Construction, Donghua Logistics, Zhongyin Real Estate, etc.. As the controlled subsidiary of the Group, Yanzhou Coal Mining Co., Ltd. has been listed in four stock exchanges at home and abroad: New York, Sydney, Hong Kong and Shanghai.
By the end of July 2014, Yankuang Group ranked the 131st among China’s Top 500 Enterprises and the 16th among China’s Top 100 Coal Companies with 92,000 employees and total assets of RMB192.36 billion. Yankuang Group has been honored with various Awards and Titles, such as the “National Excellent Enterprise Award” (or “Golden-Horse Award”), National “May Day Labor Award”, National “Contract Abiding & Trustworthy Enterprise”, “China’s Ministry of Industry Awards”, “Special Award for China’s Advanced Enterprise in Product Quality”, “China Environmental-friendly Coal Enterprise”, “National Quality Award for Project Construction”, “National Meritorious Enterprise for Energy saving and Emission Reduction”, “National New Pilot Enterprise for Innovation”, “National Advanced Basic-level Party Organization”, “National Advanced SOEs for Building Top Management”, etc..