Yankuang Group Co., Ltd., is an extra-large State-Owned-Enterprise (SOE) mainly engaged in coal mining & sales, coal chemical industry, power generation & aluminum production and machinery manufacturing. The mining business commenced development in 1966 and Yanzhou Coal Mining Bureau was established in 1976. It was restructured into a sole State-owned company in 1996, and further developed into Yankuang Group Co., Ltd. In 1999. Now Yankuang Group is the largest coal exporter & producer integrated with coal further-processing in Eastern China, and one of the three chemical industry bases in Shandong Province.

Yankuang Group, with its mission of "Creating value and Dedicating light & heat to the society", has experienced an extraordinary development for years by applying the scientific outlook on development, restructuring business and transforming growth patterns. Yankuang has developed the new growth situation with 3 Industrial Parks in Yankuang HQs areas and 5 Production Bases outside Shandong respectively located in Yulin (Shaanxi), Ordos (Inner Mongolia), Guizhou province, Xinjiang Province and Australia, which involves coal mining & sales, coal chemical industry, power generation & aluminum and machinery manufacturing. In 2010, Yankuang ranked 115th among China's Top 500 Enterprises with total assets of RMB 110 billion and 94, 600 employees.