Jinneng Holding Group is a Chinese state-owned energy company based in Jinzhong, Shanxi. The Group controls total assets of $US 151.8 billion, including a coal production capacity of approximately 468 million tons and an installed power generation capacity of 23.28 GW.[2][3] With 439,051 employees, the company is one of the largest employers in the world.[4][5]
| Company type | State-owned enterprise |
|---|---|
| Industry | Energy |
| Founded | 2020 |
| Headquarters | , China |
Area served | China |
| Products | Anthracite, coal, electricity, chemicals |
| Revenue | US$ 63.640 billion (2023)[1] |
| US$ 12.127 billion (2023)[1] | |
| US$ 994 million (2023)[1] | |
| Total assets | US$ 159.091 billion (2023)[1] |
| Total equity | US$ 10.658 billion (2023)[1] |
Number of employees | 439,051 (2023) |
| Parent | SASAC of Shanxi Government |
History
editJinneng Holding Group was formed in 2020 through the merging of the Datong Coal Mine Group, the Shanxi Jincheng Anthracite Coal Mining Group, the old Jinneng Group, the coal and electricity business and coal equipment manufacturing-related assets of Lu'an Group and Huayang New Materials Technology Group, and the restructured China Taiyuan Coal Trading Center Company.[2][6][7]
Structure
editJinneng Holding Group has established six subsidiaries:[2][8]
- Jinneng Holding Coal Industry Group
- Jinneng Holding Power Group
- Jinneng Holding Equipment Manufacturing Group
- China Taiyuan Coal Trading Center
- Jinneng Holding Shanxi Science and Technology Research Institute Ltd.
- Jinneng Holding Finance Company
References
edit- ^ a b c d e "Jinneng Holding Group". Fortune Global 500. Fortune. Archived from the original on 2022-08-13. Retrieved 2024-08-24.
- ^ a b c "JINERGY-About The Group". Archived from the original on 2023-06-17. Retrieved 2023-06-17.
- ^ "Jinneng Holding Power Group Co Ltd - Company Profile and News". Retrieved 2023-06-17.
- ^ "20 Biggest Companies in the World by Employees". 2022-10-28. Archived from the original on 2023-06-17. Retrieved 2023-06-17.
- ^ "000767.SZ - | Stock Price & Latest News". Reuters. Archived from the original on 2023-11-29. Retrieved 2023-11-29.
- ^ Sidney Leng, Su-Lin Tan (2020-10-06). "China's Shanxi province embarks on coal mega merger in efficiency drive". South China Morning Post. Retrieved 2023-11-29.
- ^ "Workers' interests sidelined as China pushes ahead with coal mining consolidation". China Labour Bulletin. 2020-10-28. Archived from the original on 2023-11-29. Retrieved 2023-11-29.
- ^ "Jinneng Holding Power Group Co Ltd - Company Profile and News". Bloomberg. Retrieved 2023-11-29.