- Business
- Yunding Technology Co., Ltd. (000409.SZ) is a China-based company principally engaged in information technology services and industrial intelligent applications, providing digital solutions for mining, electricity, chemicals, new energy, and related industries. The company offers an extensive portfolio of core products and services, including industrial Internet platform products; artificial intelligence-related products; data governance and network security services; energy enterprise digital transformation services; intelligent software products; intelligent IoT products; intelligent positioning products; coal preparation plant automation system integration; intelligent coal preparation plant system solutions; intelligent online ash monitoring systems; intelligent high and low voltage power distribution equipment; intelligent engineering control and control systems; power production management systems; integrated wind and solar storage management systems; and production execution management systems. It operates primarily in China through segments such as intelligent mining, intelligent washing, smart power and new energy, and ERP implementation and operation and maintenance services, serving coal, power, petrochemical, and new energy sectors with a focus on customers including Shandong Energy Group affiliates.
Founded in 1993 and headquartered in Jinan, Shandong Province, the company, formerly known as Shandong Geo-Mineral Co., Ltd., transitioned to its current focus on smart mining and industrial digitization as an A-share main board listed entity under Shandong Energy Group. Geographically, Yunding Technology concentrates operations in China, with key projects in Shandong, Inner Mongolia, Gansu, Anhui, and other provinces, delivering solutions like AI-enabled mining platforms at sites such as Xinglongzhuang Coal Mine and intelligent photovoltaic systems for Lingtai Solar.
In recent developments, the company continues to secure major contracts, including the Shaanxi Yanlong Petroleum Kekai Coal Mine intelligent ventilation project worth RMB 9.87 million in early 2025, alongside advancements in AI training centers for National Pipeline Group (RMB 153 million) and Wanbei Coal Power Group (RMB 26.12 million). Earlier, it pursued strategic acquisitions such as 26.9948% of Beidou Tiandi shares for RMB 128 million in late 2023 to optimize asset quality and 50.10% equity in Shanneng Digital Technology for RMB 20.6 million in 2021, enhancing its industrial Internet and cybersecurity capabilities. These moves, coupled with honors like Top 20 Coal Industry IT Enterprises in 2023 and ongoing partnerships with Huawei and government entities, underscore its expansion in AI, 5G mining networks, and smart energy management.