Yankuang Group Company Limited, restructured from Yanzhou Mining Bureau, was established in 1976. It is the fourth largest coal mining state-owned enterprise in People's Republic of China. In 1999, Yanzhou Mining Bureau was renamed to Yankuang Group Company Limited. It is not only engaged in coal production and sales, coal chemicals, civil engineering, machinery manufacturing, transportation and electricity, but also garment business and trade. Its headquarters is located at Jining, Shandong.
Its subsidiary company, Yanzhou Coal Mining Company Limited, is listed on New York Stock Exchange, Hong Kong Stock Exchange and Shanghai Stock Exchange respectively in 1998.
Famous quotes containing the word group:
“It is not God that is worshipped but the group or authority that claims to speak in His name. Sin becomes disobedience to authority not violation of integrity.”
—Sarvepalli, Sir Radhakrishnan (1888–1975)