Recently, the China Enterprise Confederation and China Entrepreneurs Association announced the Top 200 Chinese Enterprises in terms of performance in 2010; Shaanxi Coal and Chemical Industry Group Co., Ltd. was listed once again, ranked as 142nd.

The Top 200 Chinese Enterprises in terms of performance is published by the China Enterprise Confederation and China Entrepreneurs Association, in order to fully reflect the achievements of the top 500 Chinese enterprises, and guiding them to achieve better performance. Every year, the top 500 China enterprises, the top 500 Chinese manufacturing enterprises, and the top 500 Chinese service companies are compared, from which the top 200 enterprises with the highest net profit are identified as the Top 200 Chinese Enterprises in terms of performance. Shaanxi Coal and Chemical Industry Group Co., Ltd. realized an operating income of over 32 billion yuan in 2010, ranked 195th among the top 500 Chinese enterprises; net profit amounted to more than 1.85 billion yuan, ranked 142nd.

In recent years, Shaanxi Coal and Chemical Industry Group Co., Ltd. has focused on a strategy of “developing a first-class safe and environment-friendly energy and chemical enterprise in China, based on coal exploration, driven by the coal chemical industry, and seeking diversified development”. The Group has seized the opportunity to carry out various measures to develop markets and further expand marketing channels; Group reforms have been deepened, innovative development models created, controls have been enhanced, and management levels improved. The Group has strengthened key project construction; strived to forcefully develop the enterprise through fixed asset investments; actively expanded financing channels to meet the demand for capital; strengthened restructuring and technological transformation while releasing the vitality of old enterprises; emphasized scientific and technological innovation; actively developed a recycling and a low carbon economy; assumed a strong interest in the lives of employees; and accepted its social responsibilities. The Group is in a good situation with sustainable, rapid and healthy development.

From its official establishment in 2004 to 2009, Shaanxi Coal and Chemical Industry Group Co., Ltd. realized fast sales growth from 6.7 billion yuan to 32 billion yuan. In 2009, it ranked as the 243rd in the Top 500 Chinese Enterprises with an operating income of 23.4 billion yuan, climbing 66 places compared with ranking 309th in 2008. It is the top enterprise in Shaanxi Province with the greatest leap in rank and highest growth rate in terms of operating income, and it is the first time that the Group was listed in the Top 200 Chinese Enterprises in terms of performance. In 2010, Shaanxi Coal and Chemical Industry Group Co., Ltd. ranked 195th, making it one of the Top 200 Chinese Enterprises, and it has also become one of the hundred Chinese enterprises with the fastest growth. In the same year, it was listed once again in the Top 200 Chinese Enterprises in terms of performance, ranked 142nd, and showing a very good development trend.

2010 is the last year of the 11th Five-Year Plan. The development target of Shaanxi Coal and Chemical Industry Group Co., Ltd. is to realize 90 million tons of coal output, sales revenue of 50 billion yuan, average employee income close to 50,000 yuan, and total profit and tax of 10 billion yuan, which will double the performance of the Group compared with 2008. (Xu Baoping)