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Member
Longin |
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About |
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China Shandong Xinwen Mining Group Co., Ltd is located within territory of Tai’an City and Laiwu City, which is a large enterprise with state-owned assets as its main body and a diversified ownership coexisting, taking coal industry as its main industry whose capacity of production of coal is above 14 million tons annually and with a diversified economy co-developing. With RMB 7.16 billion Yuan of sales income, and RMB 15.19 billion Yuan of total assets in the year 2003, the Xinwen Mining Group ranks 220th among National Large Enterprises, and 7th among National Top 100 Coal Enterprises. The Enterprise Credit Prestige of the Company has been graded as AAA. With implementation of the strategy of maintaining high development, reinforcing the core capacity, constructing the consolidated frame, readjusting the industrial structure and strengthening the development of diversified economy, Xinwen Mining Group is now striving for building the “1382” industrial structure, that is to say, one fundamental industry (coal industry), three pillar industries (power, chemical and building material industries) and eight supporting industries (logistics, machinery processing, textile, metallurgy, pharmacy, high-effective farming, financial service and paper making industries), and two would-be industries (high-tec industry and new labor intensive industry). By the year 2004, the total revenue of the Group Company will reach RMB 10 billion Yuan, RMB 15 billion Yuan by the year 2010, and RMB 30 billion Yuan by 2015. A large Group Company with strengthened main industry, strong competitive power and internationalization will be established in near future. |
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