Energy

Yueda Group

Yueda Group started its business with coal operation. In recent years, actively responding to the national strategies of peaking carbon emissions and carbon neutrality and accurately grasping the development trend of the energy industry, the Group has accelerated the transformation of its energy industrial structure from traditional coal to high-quality resources, new energy, clean energy and integrated coal-power sectors, delivering steadily enhanced development momentum and comprehensive benefits.

Shanghai Yueda New Industry Group Co., Ltd.

Founded in Shanghai in April 2003 and restructured in August 2006, Shanghai Yueda New Industry Group Co., Ltd. is a state-owned enterprise invested and established by Jiangsu Yueda Group Co., Ltd. to expand new development space. Positioned as an energy base-led independent investment and financing entity serving as Yueda’s Shanghai regional headquarters, the company has basically formed a new industrial pattern featuring coordinated development of traditional energy, emerging energy and capital operation.

At present, the company holds controlling or equity stakes in 8 coal mining enterprises with a total coal resource reserve of nearly 5 billion tons and recoverable reserve exceeding 3 billion tons, supporting an annual production capacity of almost 20 million tons. Its portfolio also includes 6 non-coal energy enterprises and 1 electricity sales service enterprise.

Actively responding to carbon peaking and carbon neutrality requirements, the company will speed up its transformation from a traditional energy-dominated entity to a new energy-focused enterprise. It will further deepen external cooperation, strengthen technological innovation, grow and strengthen Yueda’s energy sector, and gradually foster a high-quality development pattern with diversified factors, interconnected industries and mutually complementary sectors.

Shaanxi Huangling No.2 Coal Mine Co., Ltd.

Located in Shuanglong Town, Huangling County, Shaanxi Province, Shaanxi Huangling No.2 Coal Mine Co., Ltd. operates one of the large backbone mines planned under the overall development scheme of the Huangling Mining Area. Construction of the mine kicked off in May 2004, with recoverable reserves of 640 million tons. Its coal covers No.1 fat-gas coal and No.2 weakly caking coal featuring low to medium ash, low sulfur, low phosphorus, medium volatile matter, high calorific value and medium caking property, plus abundant 1/3 coking coal. Serving as high-quality eco-friendly thermal coal and coking blending coal, it can also be used as raw material for coal deep processing such as gasification and low-temperature carbonization, boasting broad market prospects. The mine has an approved annual production capacity of 8 million tons, supported by a dedicated railway line with an annual transport capacity of 20 million tons and a coal preparation plant with an annual washing capacity of 8 million tons. Since commissioning, it has been awarded numerous honors including the National Civilized Coal Mine, National Class-A Standardized Safe & Quality Coal Mine and National Coal Industry Corporate Culture Demonstration Mine.

Shaanxi Huangling Power Generation Co., Ltd.

The 2×660 MW power plant project of Shaanxi Huangling Power Generation Co., Ltd. is a key project under Shaanxi Province’s 13th Five-Year Plan and a critical power supply pillar for the north Shaanxi–Hubei UHVDC transmission line. Situated in Baishi Village, Diantou Town, Huangling County and covering over 560 mu, it is a typical integrated coal-power pithead power plant. Adopting a suite of advanced technologies including high-efficiency ultra-supercritical coal-fired generating units, two-unit-one-tower indirect air cooling, plasma ignition, full-load SCR denitrification and deep wet desulfurization, the plant achieves leading domestic benchmarks among similar units in terms of coal consumption rate for power supply, auxiliary power consumption ratio and flue gas pollutant emission indicators, distinguished by eco-friendliness, ultra-clean emissions, energy efficiency and cutting-edge technology.

Inner Mongolia Yahai Energy Development Co., Ltd.

Established in September 2014 and located in Otog Front Banner, Ordos City, Inner Mongolia Yahai Energy Development Co., Ltd. focuses on the development, utilization, R&D, production and sales of new and clean energy. Its completed 600,000-ton LNG project can supply peak-shaving gas and LNG refueling stations for cities within an 800-kilometer radius, effectively boosting local supply capacity of natural gas as clean energy. The project helps improve atmospheric quality, optimize the energy mix and advance sustainable development.

Jiangsu Runyang New Energy Technology Co., Ltd.

Founded in May 2013, Jiangsu Runyang New Energy Technology Co., Ltd. specializes in the R&D, production and sales of high-efficiency solar cells, and has been recognized as a High-tech Enterprise and Jiangsu Provincial Demonstration Intelligent Workshop. Since its establishment, the company has accumulated a large number of proprietary technologies. Supported by forward-looking strategic layout, sustained independent innovation, efficient execution and refined process management, it leads the industry in photoelectric conversion efficiency and cost control of solar cell products. The company’s monocrystalline PERC cell capacity reaches 21 GW, with full production capacity for large-size cells of 182 mm and above, precisely aligning with industrial technological trends and downstream market demand, winning wide market recognition and a solid industry reputation.

Shaanxi Zhongneng Coalfield Co., Ltd.

Founded in 2001 and based in Yulin City, Shaanxi Province, Shaanxi Zhongneng Coalfield Co., Ltd. launched relocation reconstruction and industrial upgrading in December 2013. The relocated Yuandatan Mine boasts geological reserves of 891.86 million tons, a designed annual production capacity of 5 million tons and a long-term target capacity of 8 million tons. It passed joint trial operation inspection and entered trial production at the end of 2019, and successfully completed project acceptance in early 2021.

The company fully advances an integrated and diversified strategic layout. Centered on developing fourth-generation mines, building entrusted operation brands and realizing value preservation through cross-sector transformation, it deepens benchmarking management and innovation-driven development. In implementing the new development philosophy and fostering a new development landscape, it has blazed a distinctive path featuring pioneering fourth-generation mine construction, early transformation of closed mines and diversified integrated coal mining development. It has received honors including National Coal Industry Corporate Culture Demonstration Mine, National Coal Industry Refined Management Demonstration Mine and National Class-A Standardized Safe & Quality Coal Mine.

Hengshan Tianyun Coal Mine Co., Ltd.

Hengshan Tianyun Coal Mine Co., Ltd. is located in Yulin City, Shaanxi Province, with a mining area of 67.12 square kilometers and coal reserves of 130 million tons. Its current annual production capacity stands at 600,000 tons, with a planned capacity of 900,000 tons. The coal features low ash, low moisture, ultra-low sulfur, medium phosphorus and high calorific value, making it premium fuel for power generation, coking blending and low-temperature carbonization. Thanks to superior coal quality, the mine has maintained sound profitability over the years.

Shaanxi Hancheng Mining Wangfeng Coal Mine Co., Ltd.

A key coal mine project scheduled for launch during Shaanxi Province’s 14th Five-Year Plan and a landmark cooperation project between Yueda Group and Shaanxi Coal and Chemical Industry Group, Shaanxi Hancheng Mining Wangfeng Coal Mine Co., Ltd. operates a mine in Sangshuping Town, Hancheng City. Covering an mine field area of 81.92 square kilometers, the mine holds total coal reserves of 560 million tons with recoverable reserves of 290 million tons and a designed annual production capacity of 3 million tons. Its coal types include lean coal and anthracite, ideal for power generation and blast furnace pulverized coal injection. With a service life of 70 years, the mine is matched with a 3-million-ton-per-year coal preparation plant. It obtained the mining license in June 2021 and officially resumed construction on July 26, 2021.

Ordos Bayin Mengke Coal Co., Ltd.

Established in September 2006 and situated in Dongsheng District, Ordos City, Inner Mongolia Autonomous Region, Ordos Bayin Mengke Coal Co., Ltd. runs an open-pit coal mine covering a mining area of 5 square kilometers with resource reserves of 40 million tons and a designed annual production capacity of 600,000 tons.

Inner Mongolia Simon Yueda Energy Co., Ltd.

Founded in 2013, Inner Mongolia Simon Yueda Energy Co., Ltd. is an energy enterprise jointly restructured by Inner Mongolia Simon Group and Jiangsu Yueda Group based on the Mandula Power Coal Mine and Wulanqu Coal Mine. The company operates two coal mines and one brick plant (Mandula Power Coal Mine, Wulanqu Coal Mine and a coal gangue brick factory). Its combined mine field area totals 16.5719 square kilometers with total retained coal reserves of 131.84 million tons. Among them, the Wulanqu Coal Mine covers 8.5569 square kilometers with retained reserves of 55.42 million tons and a designed annual open-pit production capacity of 600,000 tons; the Mandula Power Coal Mine spans 8.015 square kilometers with retained reserves of 76.42 million tons and a designed annual underground mining capacity of 1.2 million tons.

Yancheng Yueda Green Energy PV Power Co., Ltd.

A wholly-owned new energy subsidiary of Shanghai Yueda New Industry Group Co., Ltd., Yancheng Yueda Green Energy PV Power Co., Ltd. focuses on R&D of photovoltaic power generation technologies. Committed to low-carbon economy and green development and upholding the corporate spirit of harmony, innovation and pursuit of excellence, the company devotes itself to supplying clean energy and optimizing power supply mix. Taking new energy development platforms and equity investment in new energy projects as breakthroughs, it converts resource advantages into industrial strengths by leveraging rooftop resources of Yueda Group’s industrial enterprises in Yancheng.

Jiangsu Yueda Oriental Smart Energy Co., Ltd.

Registered in Yancheng in January 2017, Jiangsu Yueda Oriental Smart Energy Co., Ltd. mainly engages in electricity sales, energy performance contracting, energy-saving technology consulting, development and promotion services. As one of the first batch of qualified electricity retailers in Jiangsu Province in 2017 and the first in Yancheng City, the company participates in the national electricity retail reform by drawing on Yueda Group’s robust industrial foundation and massive power consumption base in Yancheng, plus numerous power-consuming enterprises in local development zones. Dedicated to cutting enterprises’ energy costs and boosting energy utilization efficiency, it provides electricity sales and energy performance contracting services.