A Brief Introduction of SCIEG
Founded in 1980, Shanxi Coal Import & Export Group Co., Ltd.(SCIEG) is one of the seven phalanxes that are entitled to merge, recombine and consolidate the local middle and minor mines, and the provincial level pioneer enterprise in transformation and comprehensive reformation, who owns the coal export franchise and dealership of coal sales in domestic market .Its main business includes coal production, domestic trade, international trade, financial investment, real estate development, technical research and development, modern agriculture, non-coal trade, and hotel services, marine transportation, electric power and chemical industry etc. By the end of 2015, it has 102 wholly-owned and controlling subsidiaries,21 affiliated companies, 17,000 employees and total assets of nearly 85 billion Yuan. In 2009, SCIEG had successfully listed in A-Share stock market and it is the first China enterprise to overall list its major coal business. Over the years, SCIEG has steadily ranked in “China Top 500 Enterprises”, ”China Top 100 Coal Enterprises ”, “China Top 50 Coal Production Enterprises” and “China Top 500 Service Enterprises”. In 2015, it ranked 139th among “China Top 500 Enterprises” and 52th among “China Top 500 Service Enterprises”.
SCIEG owns 20 coal mines and has coal reserves of 2.76 billion tons as well as an annual design production capacity of 30 million tons. With its coal pits located in Datong, Xinzhou, Jinzhong, Linfen, Changzhi and Jincheng, SCIEG has formed four large coal production bases including steam coal, coking coal, anthracite and semi-anthracite. Besides, SCIEG has 80 coal railway dispatching stations with an annual dispatching capacity of over 100 million tons, and has established Taihang Mountain Sea Transportation fleet with its transportation capacity of 600,000 DWTs. In nine major ports such as Qinghuangdao and Jingtang port, subordinate companies have been set up in east China and Central China as well as South China, and its annual transit capacity at ports is over 50 million tons. Coal reserve and distribution bases have also been built, by which SCIEG has established an independent and complete transportation sales network that channels production from all major bases through main transportation lines to crucial estuaries, and build up steady long-term cooperative relationships with many domestic customers and oversea customers.
Uphold the spirit of “Not to be the biggest, but to be the best”, insist the “Five Concept and Six Development”, focus on the best economic benefit as the central work centrality tightly, rely on technology innovation and management innovation, refine on coal and non-coal business constantly, promote the transition of industry, product, marketing pattern and profit model, SCIEG will realize the global competitive strategy and create a first-rate modernized group company.