Shaanxi Coal Industry Co., Ltd. (Chinese: 陕西煤业股份有限公司; abbreviated 陕西煤业 or Shaanxi Coal) is a large-scale, listed coal mining and processing enterprise headquartered in Xi'an, Shaanxi Province, China. It is the main listed subsidiary of Shaanxi Coal and Chemical Industry Group Co., Ltd. (SHCCIG) and one of the largest coal producers in China.
Founding & Listing
The company was established on December 23, 2008, jointly by five founding shareholders:
| Founding Shareholder |
Role |
| Shaanxi Coal and Chemical Industry Group Co., Ltd. (SHCCIG) |
Controlling founder |
| China Three Gorges Corporation (中国长江三峡集团公司) |
Co-founder |
| Huaneng International Power Development Co. (华能国际电力开发公司) |
Co-founder |
| Shaanxi Nonferrous Metals Group Co., Ltd. (陕西有色金属集团公司) |
Co-founder |
| Shaanxi Blower Group Co., Ltd. (陕西鼓风机集团公司) |
Co-founder |
The company was listed on the Shanghai Stock Exchange (SSE: 601225) on January 28, 2014. As of the latest filings, it has approximately 44,157 employees.
Ownership Structure
SHCCIG is the controlling shareholder with approximately 50.21–65.3% of shares. Shaanxi SASAC is the ultimate actual controller through SHCCIG. No other shareholder holds a significant publicly reported stake.
Core Business
Shaanxi Coal Industry is principally engaged in the mining, washing, processing, transportation, and sale of coal. Its coal is characterised by low ash, low sulphur, low phosphorus, and high calorific value, making it suitable for power generation, chemical feedstock, and metallurgical applications. Key product brands include Huangling (黄灵), Huangling No.1, Yuhua (玉华), and Hongliulin (红柳林).
Coal resources are distributed across 29 mine pairs in five major mining areas in Shaanxi Province:
- Shenfu Mining Area (神府矿区) — northern Shaanxi
- Yuheng Mining Area (榆横矿区) — Yulin area
- Huangling Mining Area (黄陵矿区) — central Shaanxi
- Binchang Mining Area (彬长矿区) — Xianyang area
- Weibei Mining Area (渭北矿区) — Weinan/Tongchuan area
The company also has operations in coal railway transport, coal chemical exploration, and power generation.
Relationship to SHCCIG Group
Shaanxi Coal Industry Co., Ltd. is the primary vehicle through which SHCCIG consolidates its coal mining assets and accesses public capital markets. SHCCIG retains its coal chemical, new energy, and other industrial assets either directly or through separate subsidiaries (such as Shaanxi Coal Group Yulin Chemical Co., Ltd. and Shenmu Fuyou Energy Technology Co., Ltd.) that sit alongside — not inside — Shaanxi Coal Industry Co., Ltd.