Kairuide Holding Co., Ltd. (002072.SZ) engages primarily in coal trading in China. The company operates through three main segments—coal, property leasing, and internet acceleration—offering procurement and sales of coal products including coke, coke foam, and coal; external leasing and management of investment real estate; internet traffic procurement and bandwidth optimization technical services; wholesaling and retailing of coke, daily sundries, metallic and non-metallic ores; as well as textiles spinning, weaving, wholesaling, retailing, importing, and exporting. Founded in 1958 as Shandong Demian Incorporated Company and renamed Kairuide Holding Co., Ltd. in November 2014, it is headquartered in Jingmen, Hubei Province, China, with additional offices in Beijing, and conducts all operations domestically. It targets industrial buyers, real estate tenants, and internet service users primarily in China. In recent developments, the company signed an equity transfer agreement to acquire a 51% stake in Beijing Shengtong Heng'an Technology Co., Ltd., expanding into technology sectors; terminated a planned major asset restructuring involving at least 29.01% of State Grid Technology shares valued at no less than 387 million yuan RMB in October 2024 amid market volatility and financial losses; and saw Chairman and General Manager Ji Xiaowen detained for suspected bribery in September 2024 before his release and resumption of duties.