Hidili Industry International Development Limited is an investment holding company principally engaged in coal mining, manufacture, and sale of raw coal and clean coal, operating predominantly in the People’s Republic of China. The company’s core products include clean coal, raw coal, high-ash thermal coal, coke, coal-related chemicals, and alloy pig iron. It operates several modern, mechanized coal mines integrating intelligent monitoring, gas extraction, and clean power generation, alongside coal washing services. Hidili also provides coal mine operation and development services through its subsidiaries.
The company conducts its business mainly in Sichuan and Guizhou provinces, with operations encompassing coal mining, coking, manufacture and sale of coke and its by-products, and production of alloy pig iron. Founded in 2000, Hidili is headquartered in Panzhihua, China.
Recent major developments include the acquisition of 100% equity interests in Panzhihua City Huixing Industry and Commercial Co., Ltd and Panzhihua City Luhuan Industry and Commercial Co., Ltd. In 2024, the company undertook a debt restructuring effort involving offshore and onshore creditors to address bank borrowings totaling approximately RMB5.56 billion with extensions on repayment terms. Hidili increased capital expenditure on mechanized mining, reducing headcount and staff costs while improving production efficiency. The company’s 2024 coal production volume remained steady around 1.3 million tonnes with an expected increase in raw coal production for 2025 targeted between 5 and 5.3 million tonnes. Significant investments in mechanization signify a strategic shift towards operational efficiency and cost control.
Hidili’s operations focus on serving domestic markets with coal products used in power generation, industrial applications, and steel production. The company’s strategic moves in debt restructuring and expansion of mechanized mining underpin its efforts to stabilize and grow production capacity amid industry challenges. It maintains a portfolio of nine core consolidated mines with approved annual capacity around 3.6 million tonnes and has ongoing construction projects to enhance output capacity.
Hidili Industry International Development Limited is listed on the Hong Kong Stock Exchange under ticker 1393 and continues to leverage technological innovation and strategic acquisitions to strengthen its position in China’s coal and related industries.