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Home > News > Policy & Regulation > Tongmei Group: First quarter revenue reached 47.5 billion yuan

Tongmei Group: First quarter revenue reached 47.5 billion yuan

ECHEMI 2019-04-24

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Reporters from Shanxi Datong Coal Mine Group (referred to as "Tongtong Coal Group") learned that since this year, the new and old kinetic energy of Tongtong Coal Mine Group has accelerated transformation, a number of new projects have started construction, the first quarter business income completed 47.5 billion yuan, an increase of about 6.3 billion yuan over the same period last year. The headquarters of Tong Coal Group Co., Ltd. is located in Datong City, Shanxi Province. It is one of the 100 million tons of power coal production enterprises in China. It has formed six industrial systems including coal, power, finance, modern coal chemical industry, cultural tourism and logistics. Since this year, Tongshan Coal Group has actively adjusted the output structure of each mine in coal production and sales, vigorously promoted advanced mining technology, and put into operation the second ten million ton intelligent fully mechanized mining face 8222 fully mechanized caving face in Tashan Coal Mine. In the first quarter, coal production reached 37.17 million tons and coal sales reached 48.82 million tons. In the

power sector, relying on scientific and technological innovation to reduce coal consumption of unit power supply, strengthen fuel procurement management, implement centralized and unified procurement, strengthen power marketing management, improve the level of electricity sales price, and achieve power quality and efficiency. In the first quarter, when 9.4 billion kilowatt-hours of power generation were completed, the added value of the power industry reached 570 million yuan, which exceeded the plan by 3.6%. The transformation and development of non-coal industry has achieved remarkable results. In the first quarter, the added value of Tongmei Group's non-coal industry reached 1.6 billion yuan, which exceeded the plan by 6.7%. In March this year, a total investment of 9.8 billion yuan and an annual output of 600,000 tons of olefins started construction. This project is a strategic modern coal chemical industry project with the largest investment scale, the highest scientific and technological content and the cleanest and most efficient utilization of coal in recent years. It aims to cultivate and strengthen the methanol and its derivatives industry chain, build a modern coal chemical industry cluster and build a coal chemical industry base in North Shanxi. Since this year, Tongmei Group has also started to build a "double-creation center" to deepen the energy revolution, actively promoting cultural and tourism industry development, management and operation of development zones, industry poverty alleviation and health industry, Shanbei Logistics Land Port, photovoltaic base, Datong General Aviation and other projects.

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