China Coal Energy Company Limited (China Coal Energy), a joint stock limited company,was exclusively initiated by China National Coal Group Corporation on August 22, 2006. China Coal Energy was successfully listed in Hong Kong on December 19, 2006 and finalized A Share issue in February 2008.
China Coal Energy has been one of the large energy conglomerate which integrates relevant engineering and technological service businesses comprising coal production and trading, coal chemical, coal mining equipment manufacturing, pit mouth power generation, coal mine design etc. China Coal Energy boasts abundant coal resources and its coal reserves rank the fifth place among all the listed coal enterprises in the world and the second place in China. Coal production of China Coal Energy reached 100.37 million tons in 2008 and China Coal Energy is the second largest coal enterprise and the largest manufacturer of coal mining equipment in China. It also enjoys the title of one of the largest coal exporter and independent coking enterprises in China.
After several years of accumulation and development, China Coal Energy has excelled in the aspects of admirable advantage of resource, integrated business structure, advanced coal mining and washing technology, powerful network of marketing and customer services, a solid management team with rich operating experiences, reputable product brands. China Coal Energy which shall be energy-oriented will seize the market opportunity, rely on the science and technology progress, accelerate the pace of development, strive for steady growth of revenue and profit, and maximize long-term profits for shareholders