Henan Energy and Chemical Group changed its name

Latest News: With the approval of the Henan Provincial Government, the approval of the State-owned Assets Supervision and Administration Commission of Henan Province and the approval of the Provincial Market Supervision Administration, on July 8, 2022, the name of Henan Energy was officially changed from “Henan Energy and Chemical Group Co., Ltd.” Changed to “Henan Energy Group Co., Ltd.”.

On July 11, Henan Energy held a video conference to arrange the follow-up work related to the deployment of the name change. The meeting emphasized that changing the name of the group company is an important task, and we must race against time to implement it and work hard.

On June 13 this year, Wang Kai, Governor of Henan Province, presided over a special meeting on Henan energy reform and development, emphasizing that the task of rebirth of Henan energy reform has been basically completed, and the focus of enterprise work should be shifted to promoting high-quality development and striving to build a world-class enterprise. The meeting pointed out that the renaming of Henan Energy is an overall, long-term and strategic arrangement based on the needs of serving the overall development of the province, improving development effectiveness, and building a world-class enterprise.

The meeting pointed out that in the future development, Henan Energy will further highlight its positioning in the overall situation of Henan and the national energy security, further enhance its influence in the energy industry, further expand new development space, and increase the development of coal and other energy resources. Establish a new brand, display a new image, and open up a new realm of high-quality development.

The meeting emphasized that it is necessary to make solid progress in various tasks according to the task list, implement them in strict accordance with the time nodes, and complete the follow-up work of the name change as soon as possible to ensure the normal operation of the enterprise during the change period.

According to Henan Energy’s official website information, Henan Energy has successively established a super-large energy and chemical group through two strategic reorganizations. On December 5, 2008, Henan Coal Chemical Group was reorganized on the basis of Yongmei Group, Coking Coal Group, Hemei Group, Zhongyuan Dahua and Henan Gas Group. On September 12, 2013, Henan Coal Chemical Group and Yimei Group were strategically reorganized to form Henan Energy Chemical Group Co., Ltd. with a registered capital of 21 billion yuan.

Henan is rich in energy resources and has industries such as energy, high-end chemicals, modern trade, modern finance, intelligent manufacturing and new alloy materials. It has 2 listed companies in Dayou Energy and Jiutian Chemical and 1 company listed on the New Third Board in Puyang Luyu New Materials. The coal resource reserves are more than 30 billion tons, and the varieties are mainly smokeless blast furnace injection coal and coking clean coal. The production capacity of chemical products is nearly 10 million tons, and the products mainly involve 18 categories such as methanol, ethylene glycol, acetic acid, dimethyl ether, new chemical materials carbon fiber, polyoxymethylene, BDO, PET, PBT, etc.

Since the reform and rebirth, Henan Energy has highlighted the two main businesses of coal and new chemical materials, and has completely withdrawn from non-ferrous metal industries such as alumina and molybdenum and real estate that do not have competitive advantages, and continues to consolidate the competitive advantages of the main business. Data shows that from January to May this year, Henan Energy achieved operating income of 49 billion yuan, a year-on-year increase of 41%, achieved a total profit of 2.5 billion yuan, an increase of 1.6 billion yuan year-on-year, and paid taxes and fees of 6.7 billion yuan. The economic benefits are the best in recent years. Level.