Hidili Industry International Development Limited is an investment holding company primarily engaged in the coal mining sector in the People's Republic of China. The company's core products and services encompass the manufacture and sale of raw coal, clean coal, coke, and related coal chemical by-products. It also provides coal washing services and transportation services linked to its coal operations. The company operates mechanized and intelligent mines that integrate mining, excavation, underground monitoring, gas extraction, and clean power generation. Hidili's business segments include coal mining, coking, and other related operations such as the manufacture and sale of alloy pig iron. The company conducts its operations mainly in domestic Chinese markets.
Founded in 2000 and headquartered in Panzhihua, China, Hidili has expanded its coal mining assets through acquisitions, including coal mines and exploration rights in Guizhou and Yunnan provinces. It offers a diversified product portfolio, including clean coal, high-ash thermal coal, coke, and alloy pig iron, servicing industrial and energy sectors. The company has focused on modernization and comprehensive mining technologies to enhance operational efficiency.
In recent developments, Hidili Industry International completed a major onshore debt restructuring valued at approximately USD 1.5 billion in 2023, indicating efforts to stabilize and improve its financial structure. In 2024 and 2025, Hidili reported production growth alongside continued operational improvements. The company announced a gross profit of RMB 141.5 million for 2024, despite some revenue decline, and has implemented strategic measures to optimize production capacity in key coal mine locations. These efforts were accompanied by increased gains from net exchange differences in the recent period. Hidili continues to focus on sustaining production levels while navigating financial challenges to maintain operational continuity.
Overall, Hidili Industry International Development Limited remains a significant player in China's coal mining industry, offering an integrated range of coal products and related services, with ongoing efforts to strengthen its financial position through strategic debt restructuring and operational adjustments.
This description includes the company's core business activities, product lines, geographic focus, historical background, and recent key operational and financial changes based on up-to-date public information.