Hebi Coal Industry (Group) Corporation Limited (HBCG hereinafter) is a large enterprise group reformed from former Hebi Mining Bureau founded on June 3, 1957. It is one of the 520 national key state-owned enterprises, one of the 500 most powerful industrial enterprises in China, one of the national grade one large enterprises, one of the 100 most comprehensive strength enterprises in Henan Province. At present, the geological reserves of coal in Hebi and XingGong mining areas is 8 billion tons, recoverable reserves 3.8 billion tons. There are ten pairs of production mines, 3 pair of mines under construction with annual designed capacity of 1.8 million tons, 0.6 million tons and 0.6 million tons respectively. In addition, HBCG possess 2×135MW thermal power plant, 2×600MW power plant and the methanol project under construction with annual output of 0.6 million tons. The yearly output of environment protection power and metallurgical coal is more than 7 million tons with high calorific, low ash, lowest sulfur. The main coal varieties include clean coal for metallurgical industry, PCI, screened mixed coal, and etc., The annual washing capability is 4.65 million tons. “Hexiang” brand blending coal and meager clean coal are awarded as National Customers Satisfied Product and Henan Provincial Famous Product. Besides the main business of the coal and electricity, the accessorial businesses involve in medical and healthy service of joint venture, construction, building materials, railway transport, chemical industry, mechanical manufacture and cultural tourism, etc. Based on efficient management and high prestige in business, the corporation has won honors many times: China Excellent Enterprise, China Coal Industry Excellent Enterprise, Coal Quality-Trusted Enterprise, Contact-Honored and Promise-Kept Enterprise, Advanced Enterprise in Safety Production, National Corporate Culture Excellent Achievement and Henan May 1st Labor Prize, Special Prize of Henan Industry Innovation and etc..

In the recent years, HBCG focuses on corporation management inside, setting up images outside, implementing REM Management, and has formed sound and energetic corporate culture system with HBCG characteristics. In Aug 2005, Only HBCG was awarded as the honor of Successful Enterprise on Corporate Culture Construction in China coal industry on the Second Bo’ao Corporate Culture Leaders Summit. In Nov 2006 HBCG was awarded as 2006 National Corporate Culture Excellent Achievement Prize. HBCG insists on relying on science and technology progress, taking the new industrialized path, and devoting great efforts to the recycling economy development. It has cooperated with more than 30 famous companies in the world in the fields of coal, electricity, machinery manufacture, coal and chemical industry, health and medical service etc.. By the end of 2010, the annual coal production capacity will exceed 10 million tons, the total assets and operating revenue will be more than 10 billion Yuan respectively, and the corporation will realize the sound and sustainable development.