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Jinneng Holding Equipment Manufacturing Group information


"Jin Coal Group" redirects here. For another Shanxi coal company, see Shanxi Coking Coal Group.
Jincheng Anthracite Mining Group
Trade name
Chinese: 晋煤集团; lit. 'Jin Coal Group'
Company typeState-owned enterprise
IndustryEnergy and chemical
PredecessorJincheng Mining Bureau
Founded
  • 1958 (as mining bureau)
  • 2000 (as limited company)
Headquarters
Jincheng
,
China
Area served
China
Key people
He Tiancai (Chairman & Party Committee Secretary)
ProductsAnthracite, coal mine methane, electricity
Revenue
  • Increase CN¥194.1 billion (2014)
  • Decrease CN¥173.3 billion (2015)
Operating income
  • Decrease (CN¥384 million) (2014)
  • Decrease (CN¥1,033 million) (2015)
Net income
  • Decrease CN¥608.5 million (2014)
  • Decrease (CN¥966.9 million) (2015)
Total assets
  • Increase CN¥210.2 billion (2014)
  • Increase CN¥211.8 billion (2015)
Total equity
  • Increase CN¥24.4 billion (2014)
  • Decrease CN¥23.3 billion (2015)
Owner
  • SASAC of Shanxi (62.570%)
  • China Development Bank (20.364%)
  • China Cinda (17.066%)
Number of employees
142,741 (2015)
ParentSASAC of Shanxi Government
SubsidiariesJAMG International Trading (100%)
Chinese name
Simplified Chinese晋能控股装备制造集团有限责任公司
Traditional Chinese晉能控股裝備製造集團有限責任公司
Jinneng Holding Equipment Manufacturing Group
Simplified Chinese晋能控股装备制造集团
Traditional Chinese晉能控股裝備製造集團
Literal meaningJincheng Coal Industry Group
Second alternative Chinese name
Simplified Chinese晋煤集团
Traditional Chinese晉煤集團
Literal meaningJin Coal Group
Footnotes / references
in a consolidated basis (2014 figures restated)[1][2][3][4]

Jinneng Holding Equipment Manufacturing Group Company Limited, formerly name Shanxi Jincheng Anthracite Mining Group Co., Ltd. (JAMG) is a Chinese state-owned coal mining conglomerate based in Jincheng, Shanxi. It was owned by the State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government [zh]. JAMG was ranked 386th in 2016 Fortune Global 500.[5] The company also known as Jin Coal Group (Chinese: 晋煤集团) in China, which "Jin" was the short name of both Jincheng and Shanxi Province, as both named after the ancient Jin. Jincheng was located in one of the 13 important coal mining sites of China, namely "Jin East", which fellow state-owned enterprise Yangquan Coal Industry Group and Lu'an Mining Industry Group were also located in "Jin East".[6]

According to a publication of the National Energy Administration,[7] JAMG had a coal mining capability of 54.55 million tons in 2015, despite the list was incomplete. (The figure also included the mines from Taiyuan Coal Gasification Group) According to the company itself, the company produced 70.4 million tons of coal in 2015.[8]

According to the International Energy Agency, JAMG was ranked 11th in 2006 in China by sales mass.[9] According to UNESCO, the group had one of the representative coal gasification plant in China in 2007, with an output of 100,000 tons.[10] The group also had the world largest coal mine methane power plant of 120 MegaWatts, at the Sihe Mine (Chinese: 寺河矿).[11] The engine of the power plant was constructed by Caterpillar[12] and the project was partly financed by a loan from Asia Development Bank[13] and the Prototype Carbon Fund that was managed by the World Bank.[14]

  1. ^ "2014年年度报告" [2014 Annual Report] (PDF). Jincheng Anthracite Mining Group (JAMG) (in Chinese). Shanghai Clearing House. 30 April 2015. Retrieved 6 November 2016.
  2. ^ "2015年年度报告 (第一部分)" [2015 Annual Report (cover page)] (PDF)). JAMG (in Chinese). Shanghai Stock Exchange. 8 June 2016. Retrieved 6 November 2016.
  3. ^ "2015年年度报告 (第二部分)" [2015 Annual Report (auditor's report and financial statements)] (PDF)). JAMG (in Chinese). Shanghai Stock Exchange. 8 June 2016. Retrieved 6 November 2016.
  4. ^ "2015年年度报告 (第三部分)" [2015 Annual Report (Notes on financial statements)] (PDF)). JAMG (in Chinese). Shanghai Stock Exchange. 8 June 2016. Retrieved 6 November 2016.
  5. ^ "384 Shanxi Jincheng Anthracite Coal Mining Group". Fortune. 2016 [circa]. Retrieved 6 November 2016.
  6. ^ "国家发展改革委关于大型煤炭基地建设规划的批复" [National Development and Reform Commission approved the master plan of large coal mining sites] (in Chinese). National Development and Reform Commission. 2 March 2006. Retrieved 6 November 2016.
  7. ^ "山西省煤矿生产能力情况(截至2015年底)" [Production capability of coal mines in Shanxi Province (as at 31 December 2015)] (PDF) (in Chinese). National Energy Administration. 28 April 2016. Retrieved 2 November 2016.
  8. ^ "晋煤集团2015年度财务等重大信息" [publication of 2015 financial and other key figures] (in Chinese). JAMG. 30 June 2016. Retrieved 6 November 2016.
  9. ^ "Cleaner Coal in China" (PDF). International Energy Agency. 2009. Retrieved 7 November 2016.
  10. ^ "Report on applying gasification technologist in China's coal chemical industry" (PDF). UNESCO. 2007. Retrieved 7 November 2016.
  11. ^ "Coal Mine Methane in China: A Budding Asset with the Potential to Bloom" (PDF). International Energy Agency. 2009. Retrieved 7 November 2016.
  12. ^ "Power Profile - Jincheng Coal Mining Group". Caterpillar. Retrieved 7 November 2016.
  13. ^ "Methane: from Pollution to Solution". Asia Development Bank. 18 March 2010. Retrieved 7 November 2016.
  14. ^ "CN-PCF Jincheng Coal Bed Methane Project". World Bank. Retrieved 7 November 2016.

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