Information Details


Benchmarking drives development, and exchanges foster mutual improvement.

Release date:

2022-02-21

  2022 On February 15, China celebrated the traditional Lantern Festival. On this special occasion, Chairman Meng Xiaodong led a delegation of eight from his company to Alxa League, where they joined forces with Chairman Chen Liqun and his team from Shaanxi Yuteng Energy & Environmental Protection Technology Co., Ltd. to convene the 2022 Strategic Development Symposium. The meeting was chaired by Chairman Chen Liqun of Shaanxi Yuteng Energy & Environmental Protection Technology Co., Ltd., and attended by Longye Company Chairman Meng Xiaodong, Chief Expert Ma Xibo, Vice President Wang Qin, General Manager of the Finance Department Wang Yanli, General Manager of Jiaohuan Company Pan Yongjun, Deputy General Manager Zhang Shouchen, as well as a deputy general manager from Yuteng Group. Liu Degang, Liu Huifang, General Manager of Nenghuan Company, Chen Xuexi, Executive Deputy General Manager, and Xiao Yafeng, Chief Financial Officer, Chairman’s Assistant He Yafei, Wang Xiaoping, head of the Yinchuan Office Wait for the leaders to attend.

At the meeting, the two teams engaged in an in-depth exchange across several key areas, including corporate management, product manufacturing technologies, and the development of the dry quenching‑for‑coking business. Chen Liqun, Chairman of Shaanxi Yuteng Energy & Environmental Protection Technology Co., Ltd., noted that after five years of collaboration, the two companies have forged a bond akin to that of brothers, rooted in a commitment to sincerity and win‑win cooperation throughout their partnership. As the dry quenching‑for‑coking business continues to expand, he expressed hope that this valuable spirit of collaboration will endure, enabling both sides to reap mutual benefits and achieve shared growth amid new opportunities. Meanwhile, Chairman Meng Xiaodong of our company fully commended the fruitful outcomes of the past years’ cooperation, extending special gratitude to the Yuteng team—under the leadership of Chairman Chen Liqun—for their comprehensive support across all fronts. He urged both teams to continue learning from one another, further strengthen the bonds of cooperation, and drive high‑quality development, together writing a new chapter of commercial success.

The meeting concluded successfully in a warm and harmonious atmosphere. The leaders of both sides expressed full appreciation for the outcomes achieved and unanimously agreed to convene regular strategic development symposiums.

Latest Updates

April Market Overview and Operational Dynamics of the Coking Industry

According to economic data released by the National Bureau of Statistics, in April, the value added of industrial enterprises above designated size increased 4.1% year on year and 0.05% month on month; total retail sales of consumer goods reached RMB 3.7247 trillion, up 0.2% year on year; nationwide fixed asset investment (excluding rural households) declined 2.36% month on month; profits of industrial enterprises above designated size rose 24.7% year on year; as of the end of April, accounts receivable for such enterprises stood at RMB 27.44 trillion, up 7.2% year on year, while finished goods inventories totaled RMB 6.95 trillion, an increase of 6.7%. From January to April, the value added of industrial enterprises above designated size grew 5.6% year on year; total retail sales of consumer goods amounted to RMB 16.4941 trillion, up 1.9% year on year; nationwide fixed asset investment (excluding rural households) reached RMB 14.1293 trillion, down 1.6% year on year; and the total profits of industrial enterprises above designated size totaled RMB 2.43584 trillion, up 18.2% year on year. Among these, the ferrous metal smelting and rolling industry (the steel sector) reported total profits of RMB 7.58 billion, a 51.5% year-on-year decline, while the petroleum, coal, and other fuel processing industry (including coking) posted total profits of RMB 40.42 billion, compared with a loss in the same period last year.