Anhui Wanbei Coal Power Group Co., Ltd

Wanbei Coal and power group company is one of 13 enterprise groups in Anhui Province. Its predecessor, Wanbei Coal Industry Company, was established in 1984, renamed Wanbei Mining Bureau in 1986, and restructured in 1998 to form Wanbei Coal Power Group Co., Ltd. After more than 30 years of construction and development, the enterprise has grown from small to large, from weak to strong, and its scale has been growing and its strength has been gradually improved. Its main business is coal, coal chemical industry and logistics trade. Its main industrial areas span seven provinces and 15 cities in China, and it has a listed company of Hengyuan coal power. It has initially formed a comprehensive enterprise group with integrated product trade and cross regional operation. It has 39000 employees and total assets of 51.8 billion yuan. In 2015, it produced 20.2 million tons of coal and 1.12 million tons of chemical products, with an operating income of 27 billion yuan.

Coal sector: it has 11 pairs of production mines with a production capacity of 20 million tons. Among them, Hengyuan coal power company was successfully listed in Anhui Province in 2004, and three pairs of Mines outside the province (Changheng, Hengsheng and Hengjin) with an annual output of about 5 million tons. It has two pairs of Mines under construction (Zhaoxian in Shaanxi and madiliang in Inner Mongolia), with an approved capacity of 6.4 million tons. It has a pair of early stage mines (Cuobei, Inner Mongolia), with an approved capacity of 10 million tons.

Chemical sector: Huaihua group, Zhongan coal chemical, northwest energy chemical three companies. Huaihua group is the former Huainan Chemical Plant purchased by the group company at a cost of 436 million yuan. It mainly produces synthetic ammonia and ammonia processing, concentrated nitric acid and nitrate. After that, it successfully developed high-purity rocket propellant nitrogen dioxide and water-soluble fertilizer products. The coal to ethylene glycol project is in trial production. Zhongan Coal Chemical Co., Ltd. is a cooperative project between Wanbei Coal Power Co., Ltd. and Sinopec, with an annual output of 1.7 million tons of methanol and converted olefins in Huainan; the annual output of 200000 tons of coal to methanol project of Northwest Energy Chemical Co., Ltd. has been put into commissioning in September this year, successfully producing high-grade refined methanol.

Material trade plate: it has 5 subsidiaries, including Wanmei international trade, Wanmei material Trade and Shanghai Tongcan. Anhui coal international trade is mainly engaged in coal trade, river and sea transportation, with an annual trading volume of 27 million tons, 10 seagoing vessels and a transportation capacity of 400000 tons; Anhui coal international trade is mainly engaged in steel procurement, storage and transportation, sales, electronic trade, chemical products trade, industrial and mining equipment trade, steel and other bulk material trade outside the group company, with an annual trade volume of 7 billion yuan. Shanghai Tongcan mainly uses e-commerce platform to carry out domestic and foreign spot trade, financing and goods financing, trade chain integration and other businesses, with an annual turnover of 1.5 billion yuan.

Power sector: it owns 3 coal gangue thermal power plants and 3 gas (coalbed methane) power plants, and shares 21% of Suzhou No.2 Thermal Power Co., Ltd. of China Guodian group. The total installed capacity of the three coal gangue thermal power plants is 69mw, the total installed capacity of the three gas (coalbed methane) power plants is 13.10mw, the current installed capacity of Suzhou No.2 Thermal Power Co., Ltd. is 2 × 350MW, and the installed capacity of qianyingzi power generation company under construction is 2 × 350MW, which will be connected to the grid in the fourth quarter of 2017. By the end of 2015, Wanbei Coal and power group had an installed capacity of 54mw, with an equity installed capacity of 200MW.