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China National Coal Group Corp – headquarters base

( chinadaily.com.cn )

Updated: 2012-04-25

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China National Coal Group Corp is a state-owned key enterprise (ministerial level) under the State Council State-owned Assets Supervision and Administration Commission. It is developed on the basis of the China National Coal Import and Export Corporation, which was established in July 1982.

The China National Coal Group Corp was restructured into the China Coal Industry Import and Export Group Corporation, with China National Coal Import and Export Corporation as its core in April 1997. In May 1999, it was reconstructed into a large enterprise under the Central Enterprise Working Committee. In 2003, China Coal Construction Group was integrated into the corporation and renamed into China National Coal Group Corp. In 2006, the China National Coal Group Corp set up the China National Coal Group Co, Ltd and floated equity shares in Hong Kong and Shanghai respectively. It was 58th among China’s top 500 industrial companies in 2005. It rose to the 52nd in 2006. It stood at the 67th in 2007, and 77th in 2008. It ranked 34th for the top 200 companies in terms of economic benefits, and 52nd for the top 200 in paying taxes.