Information Details


Jiangsu Longye Energy-Saving Technology Co., Ltd. and Shanxi Jinxin New Energy Co., Ltd. have successfully signed a contract for a 2.79 million tons per year coking upgrade and retrofitting project.

Release date:

2024-09-10

On August 21, 2024, Jiangsu Longye Energy-Saving Technology Co., Ltd. and Shanxi Jinxin New Energy Co., Ltd. held a signing ceremony for the EPC contract of a project to upgrade and retrofit a coking facility with an annual capacity of 2.79 million tons, including waste heat recovery from the riser of four 53‑cell, 6.73‑meter coke ovens, as well as associated water treatment systems. The ceremony was attended by Meng Xiaodong, Chairman of Jiangsu Longye Energy-Saving Technology Co., Ltd., along with Liu Qi, Lu Chao, and Cheng Guoxia from the Marketing Department, and by Shanxi Jinxin New Energy Co., Ltd. Chairman Qian Chongbo, together with Bu Pengrui, Bai Pengwei, and Luo Chengqiang.

Signing ceremony between Shanxi Jinxin New Energy Co., Ltd. and Jiangsu Longye Energy-Saving Technology Co., Ltd.

The project is located in the Shuangxin Industrial Park in Fushan County, Linfen City, with a total investment of RMB 8 billion. Key facilities under construction include four 6.73-meter top‑charging coke ovens, an LNG production unit with an annual capacity of 250,000 tons, and an integrated hydrogen energy utilization facility capable of producing 200 million cubic meters of hydrogen per year (including 120,000 tons of liquid ammonia for hydrogen storage and distribution). Aligned with the strategic positioning of “high‑end intelligence, energy efficiency and carbon reduction, and green emissions control,” and adhering to the standards of “first‑class equipment, first‑class environmental protection, and first‑class energy efficiency,” the project will establish a company whose energy intensity and carbon emissions reach domestically advanced levels, while its technological innovation, environmental performance, and energy‑saving and consumption‑reduction efforts remain at the forefront internationally. Our company has won the bid to construct supporting projects, including waste heat recovery from riser pipes and water treatment systems, with a total investment of approximately RMB 700 million.

We extend our heartfelt gratitude to Shanxi Jinxin New Energy Co., Ltd. for its high regard and unwavering trust in our company. Upholding the philosophy of “integrity as the foundation, customer satisfaction as our pride,” Jiangsu Longye Energy-Saving Technology Co., Ltd. leverages technological innovation and brand strength to deliver premium services, thereby contributing to the successful completion of Shanxi Jinxin New Energy Co., Ltd.’s 2.79-million-ton-per-year coking upgrade project.

The successful signing of an agreement with Shanxi Jinxin New Energy Co., Ltd. marks another solid step forward for our company in market expansion and strategic cooperation. Moving ahead, we will continue to pool our wisdom and strength, striving tirelessly to achieve even higher and more ambitious goals.

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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.