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Jizhong Energy

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(Redirected from Jinniu Energy) Chinese coal mining company
Jizhong Energy Group Company Limited
Company typeState owned
IndustryCoal mining
HeadquartersXingtai, Hebei, People's Republic of China
Key peopleWang Sheping, CEO
ProductsCoal
SubsidiariesJizhong Energy Resource (SZSE: 000937)
Websitewww.jznyjt.com

Jizhong Energy Group Company Limited is a state-owned coal company located in Hebei, China. It is among the seven largest Chinese coal companies. In 2011, the company mined slightly over 100 million metric tonnes of coal in 2011, of which about 26 million metric tonnes were metallurgical coal. This makes it China's second-largest metallurgical coal miner after Shanxi Coking Coal Group.

The company was created in June 2008 by merging Jinniu Energy Group and Jizhong Energy Fengfeng Group. In addition to the coal industry, the company is engaged in the medicine, electric, chemical, mechanical and structural material industries. It has eight fully owned subsidiaries and three listed companies. In the 2013 Forbes Global 2000, Jizhong Energy Resource was ranked as the 1631st -largest public company in the world.

One of the main subsidiaries, Jizhong Energy Resource (formerly Hebei Jinniu Energy Resources Co, Ltd.), is listed on Shenzhen Stock Exchange (SZSE: 000937). In 2008, the company produced 12 million metric tonnes of raw coal and 4.92 million metric tonnes of clean coal, as well as selling approximately 9.67 million metric tonnes of commercial coal.

References

  1. "China's 7 Coal Mining Companies Realized Production Capacity of 100 Mln Tonnes in 2011". China Mining Association. 2012-02-01. Archived from the original on 2012-08-04. Retrieved 2012-06-02.
  2. Le, Reggie (2012-04-05). "China's Jizhong Energy mines 31 million mt of coal, up 10% on year". Platts. Retrieved 2012-06-02.
  3. "Jizhong Energy Group Co., Ltd". China.org.cn. Archived from the original on 2012-05-23. Retrieved 2012-06-02.
  4. "Forbes Global 2000". Forbes. Retrieved 31 October 2020.
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