Shandong Energy Group Co Ltd is a wholly State-owned company founded in March 2011 with registered capital of 10 billion yuan ($1.45 billion). It has been included in the Fortune Global 500 list since 2012.
With its headquarters in Jinan, the capital of Shandong province, the company owns subsidiary companies in more than 10 domestic provinces and autonomous regions and foreign countries, including Shanxi and Shaanxi provinces, Inner Mongolia autonomous region, Xinjiang Uygur autonomous region, Hong Kong, Australia, Thailand and Singapore.
The company is involved in a very wide range of business. Apart from the three traditional fields of coal, coal power and coal chemicals, it also covers the fields of high-end equipment manufacturing, new energy and new materials, medical rehabilitation, modern logistics and financial services.
The company has set goals that both its total assets and sales revenue should exceed 400 billion yuan by the end of the 13th Five-Year Plan (2016-20), and surpass 450 billion yuan by the end of the 14th Five-Year Plan (2021-25). The annual coal production capacity should stabilize around 200 million tons by 2025.
Address: No 10777 Jingshi Road, Jinan, Shandong province
Official website: http://www.snjt.com/index.htm
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