Yankuang Group Co., Ltd. · Zhoucheng, Shandong China
Company Description
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This link will open in a new window Yankuang Group seeks the proverbial diamond in its coal-mining operations. Established in 1996, Yankuang Group operates primarily through majority-owned subsidiary Yanzhou Coal Mining . That company operates a half dozen coal mines in Eastern China, producing about 35 million tons annually. It agreed to buy the Australian miner Felix Resources in 2009 for about $2.7 billion. Yankuang was restructured from the former Yanzhou Mining Bureau -- founded in 1976 -- and was tapped by the State Council as the first mining enterprise to enter China's modern enterprise system. In 1999 Yanzhou Coal Mining began to trade publicly. To read the full description, subscribe now.
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Key Yankuang Group Co., Ltd. Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $24,402.0 |
| Employees | 95,000 |
Yankuang Group Co., Ltd. Executives
1 executives listed for Yankuang Group Co., Ltd.'s Zhoucheng, Shandong location.
| Title | Name & Bio | Contact |
| Chairman | Jiahuai Di | Network |
Competition
Competitive Landscape for Yankuang Group Co., Ltd.
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as the product is a commodity sold on the basis of price. Small companies can compete if they hold long-term contracts or if they supply local customers. Big companies have large economies of scale in production and distribution. The industry is capital-intensive and highly automated: average annual revenue per employee is almost $300,000. To read the full description, subscribe now.Top Yankuang Group Co., Ltd. Competitors
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