Yankuang Energy Group (OTCMKTS:YZCAY) Company Limited (OTCMKTS:YZCAY) is a leading Chinese state-owned enterprise engaged in the exploration, mining and processing of coal resources. Headquartered in Jining, Shandong Province, the company operates as an integrated energy and chemical producer, combining raw material extraction with downstream manufacturing and power generation. Its core activities include the procurement and sale of thermal and coking coal, alongside a diversified portfolio of chemical products derived from coal feedstock.
In its mining segment, Yankuang Energy Group focuses on both underground and open-pit operations, supplying key raw materials to steelmakers, power utilities and industrial consumers across China. Beyond coal, the company’s chemical arm produces methanol, fertilizers and other coal-to-chemical derivatives, while its power generation division operates several thermal power plants that provide electricity to regional grids. Yankuang Energy also maintains machinery manufacturing and engineering services that support its own operations and third-party projects.
The origins of Yankuang Energy Group trace back to provincial mining bureaus established in the 1960s, with a major corporate restructuring in the late 1990s that consolidated its assets and prepared the business for public listings in Shanghai and Hong Kong. Today, the company’s operations span multiple provinces, including Shandong, Inner Mongolia, Shanxi and Xinjiang, and it serves both domestic markets and export channels in neighboring Asian economies.
As a state-owned enterprise overseen by the Shandong Provincial State-owned Assets Supervision and Administration Commission, Yankuang Energy Group is governed by a board of directors and a management team with deep industry expertise. The company continues to pursue strategic initiatives in environmental management, operational efficiency and clean-coal technologies, aligning its growth plans with national energy and sustainability policies.
