How about Shaanxi Yulin Energy Group Co., Ltd.? What is the relationship between this unit and Shenhua Group?

How about Shaanxi Yulin Energy Group Co., Ltd.? What is the relationship between this unit and Shenhua Group? This question is more difficult, hehe. To be exact, Yulin Shenhua Energy is a state-owned enterprise controlled by central enterprises. The reason for this is the following：

1. Yulin Shenhua Energy Co., Ltd. located in Yulin Economic Development Zone was formally established on April 28th, 2008. Established by China Shenhua Energy Co., Ltd. (with a capital contribution ratio of 50. 1%) and Shaanxi Coal Chemical Group Fugu Energy Investment Co., Ltd. (with a capital contribution ratio of 49.9%), with a registered capital of 65,438 billion yuan, mainly engaged in coal production, processing, sales and power generation.

2. China Shenhua Energy Co., Ltd. (HKEx: 1088) (SSE: 60 1088), referred to as China Shenhua Energy, China Shenhua, Shenhua Energy and Shenhua, is the largest coal producer in China and the second largest listed company in the global coal industry (second only to Bodi Energy in the United States). Mainly engaged in coal mining and power generation business, and has railways, ports and other related transportation networks, forming a relatively complete industrial chain. China Shenhua Energy Co., Ltd. is a holding subsidiary of Shenhua Group Co., Ltd. The predecessor of Shenhua Group is Huaneng Clean Coal Company, which was established in 1985 and belongs to Huaneng Group. 1995 In order to better develop Shenmu-Fugu-Dongsheng Coalfield located at the junction of northern Shaanxi and Inner Mongolia, the State Council, China decided to separate Huaneng Clean Coal Company from Huaneng Group and set up Shenhua Group, specializing in the development of Shendong Coalfield. Since then, Shenhua Group has started the construction process of coal, iron, port and electricity integration. In 2004, Shenhua Group reorganized its major assets, initiated the establishment of Shenhua Energy Company, and listed H shares on the Hong Kong Stock Exchange the following year.

Yulin Shenhua Energy Co., Ltd. was formally established on April 28th, 2008. It is a limited liability company jointly funded by China Shenhua Energy Co., Ltd., Shaanxi Coal Chemical Industry Group and Fugu Energy Investment Co., Ltd. in accordance with the spirit of the Framework Agreement on Cooperative Development of Coal Resources signed by Shenhua Group and Shaanxi Provincial Government.

It can be concluded from the above that Yulin Shenhua is a limited liability company jointly invested by Shenhua Energy, a central enterprise, and Shaanxi Coal Chemical Group, a state-owned enterprise controlled by central enterprises.