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Home > News > Valuable News > Shaanxi coal: all coal mines are back to work

Shaanxi coal: all coal mines are back to work

ECHEMI 2020-02-21

On February 11, there was a rumor on the social media platform that Shaanxi coal group, the controlling shareholder of Shaanxi coal industry, which is the leader of power coal industry, was faced with difficulties in returning to work. The National Energy Administration required the coal mine to be started, but the local government implemented epidemic control. "On February 9, Shaanxi coal group orally informed all Xi'an cadres to rush to the north of Shaanxi by self driving to prepare for the commencement. More than 300 cadres of Shaanxi coal industry, a listed company, are all blocked at the lower entrance of Baomao expressway, unable to get off the expressway. At the same time, once they return from the exit of Xi'an and Tongchuan expressway, they need to be isolated for 14 days. All the leading cadres of the world's top 500 Shaanxi coal group wandered on the Baotou Maoming Expressway on the evening of February 10. " Senior executives of Shaanxi coal group told the interface news reporter on the evening of February 11 that the above rumors were untrue. During the Spring Festival in 2020, the coal chemical, steel and power enterprises affiliated to Shaanxi coal group did not stop production and have normal production. "Among the enterprises affiliated to the group, only the coal mines had a 7-day legal holiday for the Spring Festival, and most of the coal mines had been released. Then before February 8, the coal mines affiliated to the group were all back to work, and the coal mines in Northern Shaanxi had also been back to work."

 

On February 10, the above said, "a few returning employees had to wait in line to take their temperature at the lower entrance of Baomao Expressway Shenmu, and the waiting time was a little longer." After returning to work, the group will do a good job of epidemic prevention and control according to the relevant requirements of the government departments, require employees to wear masks, arrange employees to take temperature measurement in an orderly manner and carry out disinfection work on time. According to the official website of Shaanxi coal group, as of February 8, 30 of the 35 coal mines in the group have resumed production. At present, the Northern Shaanxi area of Shaanxi coal group mainly includes energy chemical enterprises such as Yubei coal industry company, Shanbei mining company, Yulin chemical company and Shenmu coal chemical company. Public information shows that Shaanxi coal group is the only provincial coal group in Shaanxi Province. As the only coal listing platform of Shaanxi coal group and Shaanxi Province, Shaanxi coal industry listed a shares at the beginning of 2014. In recent years, the coal output of Shaanxi coal industry ranks the third among the domestic listed coal enterprises. Shaanxi coal industry is mainly engaged in coal mining, washing, transportation, sales and production services. Coal products are mainly used in power, chemical and metallurgical industries.

 

In the first three quarters of 2019, Shaanxi coal industry realized revenue of 50.755 billion yuan, an increase of 23.4% year on year; the net profit attributable to shareholders of listed companies was 9.083 billion yuan, an increase of 2.47% year on year. Tianyan data shows that the actual controller of Shaanxi coal group is the state owned assets supervision and Administration Commission of the people's Government of Shaanxi Province. It has more than 60 wholly-owned and holding enterprises. There are nearly 120000 employees with a total assets of 500 billion yuan. In 2019, Shaanxi coal group once again entered the list of the world's top 500 with its 2018 revenue of US $42.419 billion (280.8 billion yuan), ranking 281. This is the fourth time since 2015 that Shaanxi coal group has been listed on the list of the world's top 500. According to the data on the official website of Shaanxi coal transportation and marketing group, from January 23 to February 8, the central China Office of Shaanxi coal transportation and marketing group, under the arrangement and deployment of Shaanxi coal group, shipped a total of 1056000 tons of coal in the area of "two lakes and one river", among which 128 trains of 459000 tons were delivered to the seriously affected Hubei area.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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