- Business
- Daqin Railway Co., Ltd. (601006.SS) operates as a leading coal transportation company in China, primarily managing and maintaining the Daqin Railway line, one of the world's longest and heaviest-haul freight railroads dedicated to coal transport from Inner Mongolia and Shanxi Province to the Qinhuangdao port for domestic and export markets. The company provides comprehensive rail freight services, including coal hauling, rolling stock leasing, track maintenance, signaling systems, and logistics support; it also engages in electricity generation from self-supplied coal, port loading and unloading operations at Qinhuangdao, and ancillary services such as repair workshops and material supply for railway infrastructure. Founded in 2004 and headquartered in Taiyuan, Shanxi Province, Daqin Railway serves major coal producers and power utilities across northern China, with operations concentrated in the Shanxi, Inner Mongolia, and Hebei regions.
In recent developments, Daqin Railway has focused on capacity enhancements and technological upgrades, including the completion of the second phase of its intelligent railway project in 2024, which improved freight efficiency and safety through automated train control systems; the company also signed strategic cooperation agreements in late 2024 with China Energy Group and Shenhua Group to optimize coal supply chain logistics amid rising domestic energy demands. Additionally, Daqin reported record freight volumes exceeding 450 million tons in 2024, driven by expanded throughput at Qinhuangdao Port following infrastructure investments, and launched green initiatives such as electric locomotive deployments to reduce carbon emissions in line with national sustainability goals. These efforts underscore the company's strategic shift toward digital transformation and sustainable operations while maintaining its dominant position in China's coal rail transport sector.