- Business
- Henan Jinma Energy Company Limited (6885.HK) is a China-based company principally engaged in the production of coke and the processing of coking by-products; it operates through segments including coke production and sales, refined benzene and coal tar chemicals, energy products such as coal gas, liquefied natural gas (LNG), and hydrogen, as well as trading of coal, coke, hydrogen, LNG, and nonferrous materials. The company manufactures products at a scale of 2.65 million tons of coke, 180,000 tons of tar, 200,000 tons of crude benzene, 300 million cubic meters of hydrogen, 123 million cubic meters of LNG, and 600 million cubic meters of industrial gas; it also provides multimodal transportation, warehouse, and distribution services for coal products, along with steam, water, catering, fire prevention, electricity, and heat energy production. Founded in 2003 and headquartered in the Chemical Industry Park of Jiyuan High-tech Industrial Development Zone, Henan Province, China, the company employs over 2,000 people across a 1.4 million square meter area and maintains a vertically integrated coal chemical industry chain focused on green, low-carbon development.
In recent developments, Jinma Coking (BVI), the controlling shareholder, entered a conditional sale agreement with Beijing Weigang New Energy, announcing a possible change in controlling shareholder. The company invested in coking equipment upgrading projects amounting to RMB12.433 million during the six months ended June 2025, alongside other property, plant, and equipment purchases totaling RMB27.439 million to ensure compliance with recent regulations. It continues to advance its "14th Five-Year Plan" strategy, emphasizing fine chemicals, energy chemicals, new materials, hydrogen energy, and industrial cluster expansion for clean coal utilization.