- Business
- Inner Mongolia Yitai Coal Co., Ltd. engages in the mining, production, transportation, and sale of coal primarily in China. The company operates through three main segments: coal, involving the mining and sale of thermal coal for industries such as thermal power, construction materials, and chemicals; coal-related chemical products, encompassing the production and sale of coal-based synthetic fuels including common diesel fuel, industrial sulfur, liquefied petroleum gas, coal-based synthetic wax, F-T synthetic liquid paraffin, light hydrocarbon, and F-T synthetic diesel fuel; and transportation services, providing road and railway transport via key assets like the Zhundong Railway, Huzhun Railway, and Suancigou Mine special line. It also offers ancillary services such as cargo warehousing, supply chain management, coal and oil quality testing, technology promotion, commercial factoring, energy management, petroleum product distribution, hotel management, and pharmaceutical manufacturing; additionally, the company explores, produces, and sells oil and natural gas. Founded in 1997 and headquartered in Ordos, Inner Mongolia, China, it maintains a subsidiary relationship with parent Inner Mongolia Yitai Group Co., Ltd. and conducts operations mainly in North China, South China, and East China with a comprehensive road-rail network for coal distribution. Recent developments include the completion in May 2025 of a tender offer acquiring a 50.11% stake in Shandong Xinchao Energy Corporation Limited (ST New Trend) for approximately CNY 11.6 billion to expand energy reserves and optimize its industry chain with overseas oil and gas assets; in September 2025, a planned capital increase of CNY 3.11 billion in 90.2%-owned subsidiary Yitai Yili Energy Co., Ltd. alongside the parent group; and an agreement to sell a 51% stake in its Hu Zhun Railway unit for about CNY 6.3 billion.