Xishan Coal Electricity Group

Xishan Coal Electricity (Group) Co., Ltd.

Company type	Subsidiary
Industry	Coal mining, Coke manufacturing, Power generation
Predecessor	Xishan Mining Bureau
Founded	1956 (as Xishan Mining Bureau), 1998 (as limited liability company)
Fate	Subsidiary of Shanxi Coking Coal Group
Headquarters	Taiyuan , China
Area served	China
Products	Coal, coke, electricity, coal mining machinery, electrical equipment maintenance
Owner	Shanxi Coking Coal Group (52.34%)
Parent	Shanxi Coking Coal Group

Xishan Coal Electricity (Group) Co., Ltd. operates as a subsidiary under the state-owned Shanxi Coking Coal Group, which holds a majority ownership of 52.34%. The company is headquartered in Taiyuan, Shanxi, and focuses its business on coal extraction, coke manufacturing, and power generation.

Originally serving as the parent entity of the publicly traded Xishan Coal and Electricity Power, all shares were reverted to Shanxi Coking Coal Group ownership in 2001.

Recognized as the largest producer of coking coal in China and the second-largest worldwide, Xishan Coal Electricity Group also engages in manufacturing machinery for coal mining and provides maintenance services for electrical equipment.

In 2015, production figures included 47.5 million tons of coal, 5.471 million tons of coke, alongside electricity output reaching 12.09 billion kilowatt-hours.

History

Xishan Coal Electricity (Group) Co., Ltd. traces its origins back to 1956 when it was established as Xishan Mining Bureau. It transitioned into a limited liability company in 1998. The subsidiary Xishan Coal and Electricity Power was created in 1999 and subsequently listed on the Shenzhen Stock Exchange in 2000. This entity acquired three mines located in Gujiao along with three coal preparation facilities from the parent group. Capital raised through the initial public offering was utilized to purchase an additional mine and two factories from the parent company.

In 2001, control of Xishan Coal Electricity Group shifted under Shanxi Coking Coal Group, which also took over the listed company's shareholdings.

A tragic explosion occurred in one Gujiao mine in 2009 resulting in fatalities. During that year, the group divested its coking plant producing coke and coal gas to the listed subsidiary; this plant was the exclusive supplier of coal gas for Gujiao.

Not all mining operations were transferred to the listed company; certain mines remained under Xishan Coal Electricity Group’s management, including two located in Gujiao. These assets are distributed across three regions: Xishan, River East, and West Huo. According to data from China's National Energy Administration, combined production capacity for three mines reached 1.8 million tons annually as of 2015. Concurrently, two Gujiao mines with an aggregate capacity of 9 million tons were registered under Shanxi Coking Coal Group. It should be noted that official statistics may be incomplete and do not necessarily represent full operational capacities.

Equity investments

As of 2015, Xishan Coal Electricity Group maintained a minority equity position in Shanxi’s Coca-Cola bottling enterprise, reflecting diversification beyond its core sectors of mining and energy.

Shareholders

Prominent shareholders included China Construction Bank, China Cinda Asset Management, and China Orient Asset Management. These institutions acquired their stakes through debt-to-equity conversions as part of strategic financial restructuring initiatives.