Yanzhou Coal Mining Company

Yanzhou Coal Mining Company Limited (simplified Chinese: 兖州煤业股份有限公司; traditional Chinese: 兗州煤業股份有限公司), majority owned by Yankuang Group, is a coal mining company in Mainland China. It is engaged in underground mining coal preparation and sales, and railway transportation service of coal. Its products are mainly low-sulphur coal which is suitable for large-scale power plant and for use in pulverized coal injection.

Yanzhou Coal Mining Company Limited
兖州煤业股份有限公司
TypePublic (SEHK: 1171, SSE: 600188
IndustryMetals and Mining
Founded1997 (1997)
Headquarters
Jining, Shandong
,
People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Li Xiyong
ProductsCoal
ServicesCoal production
Number of employees
39,785[1]
Websitewww.yanzhoucoal.com.cn

Corporate governance

Its headquarters is located in Zoucheng, Jining, Shandong. Its chairman is Mr. Zhang Xinwen. The company's parent and ultimate holding company is Yankuang Group Corporation Limited (a state-owned enterprise).

Businesses

Yanzhou Coal is principally engaged in underground coal mining, preparation and processing, sales, and railway transportation of coal. The company is organized into three operating divisions: coal mining, coal railway transportation and methanol and electrical power.

The coal mining segment is engaged in the underground mining, preparation and sales of coal. The coal railway transportation segment is engaged in the provision of railway transportation services. The methanol and electricity power segment is engaged in the production and sales of methanol and electrical power.

The company operates six coal mines: Xinglongzhuang coal mine, Baodian coal mine, Nantun coal mine, Dongtan coal mine, Jining II coal mine (Jining II) and Jining III coal mine (Jining III), as well as a regional rail network that links these mines with the national rail network.

Subsidiaries

Yanzhou Coal's subsidiaries include Heze, Felix Resources,[2] Yancoal, Shandong Yanmei Shipping Co., Ltd., Yanzhou Coal Yulin Power Chemical Co., Ltd., Zhongyan Trade Co., Ltd, Shanxi Neng Hua, Shanxi Tianchi and Shanxi Tianhao. During the year ended December 31, 2008, the Company sold 37.56 million tons of salable coal. The customers of Yanzhou Coal are mainly located in Eastern China, Southern China and the East Asia such as Japan and South Korea.

Carbon footprint

Yanzhou Coal reported Total CO2e emissions (Direct + Indirect) for 31 December 2020 at 9,883 Kt (+3,875/+64% y-o-y).[3] Emissions have been growing strongly since 2018.

Yanzhou Coal's Total CO2e emissions (Direct + Indirect) (in kilotonnes)
Dec 2018Dec 2019Dec 2020
5,605[4]6,008[5]9,883[3]

References
  1. Yanzhou Coal Mining Company Information
  2. "FELIX RESOURCES LIMITED FLX - Profile and Status (Delisted from ASX 30/12/2009)". deListed Australia. Retrieved 28 June 2014.
  3. "Yanzhou Coal Mining Company Limited's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
  4. "Yanzhou Coal Mining Company Limited's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
  5. "Yanzhou Coal Mining Company Limited's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
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