Energy

Shanghai Yueda New Industrial Group Co., Ltd.

Founded in Shanghai in April 2003 and restructured in August 2006, Shanghai Yueda New Industrial Group Co., Ltd. is a state-owned enterprise invested and established by Jiangsu Yueda Group Co., Ltd. to explore new room for development. Positioned as an energy base-led independent investment and financing entity, and the Group’s Shanghai regional headquarters, the company has developed over more than two decades a diversified and coordinated industrial layout covering coal mining, integrated coal-power operations, photovoltaic new energy, LNG clean energy and energy storage.

At present, the company holds controlling and participating interests in 9 traditional energy physical enterprises (including 7 coal mining companies and 2 enterprises extending the coal industrial chain), and owns 9 emerging energy physical enterprises (4 photovoltaic enterprises, 2 energy storage enterprises, 1 natural gas enterprise, 1 power sales service enterprise and 1 wind power enterprise). It has been assigned an AA+ long-term issuer credit rating.

Actively responding to the national carbon peaking and carbon neutrality goals, the company advances both traditional and emerging energy sectors, and advances capital-driven growth alongside technology empowerment. It promotes mutual integration between green development and AI intelligent manufacturing, and coordinated progress between efficiency improvement and low-carbon transition. It is gradually building a high-quality development system featuring clear structure, rational allocation, highlighted priorities and coordinated linkage, striving to build a regional development platform integrating energy project operation, industrial investment and platform management.


Hengshan Tianyun Coal Mine Co., Ltd.

Located in Yulin City, Shaanxi Province, Hengshan Tianyun Coal Mine Co., Ltd. boasts a new mine field covering an area of 67.10 square kilometres with geological reserves of 104 million tons and an annual production capacity of 1.5 million tons. The coal features low ash content, low moisture, ultra-low sulphur, medium phosphorus and high calorific value. As high-quality coal, it serves well as power coal, coking blending coal and coal for low-temperature carbonization.

Tianyun Coal Mine Co., Ltd. is located in Hengshan county, Yulin City, Shaanxi Province.The current production capacity of the mine is 1.5 million tons, the mining area is 67.10 square kilometers, and the reserves are 104 million tons. The product has the characteristics of low ash, low moisture, ultra-low sulfur, medium phosphorus and high calorific value. It is a good coal for power, blending coking and low-temperature carbonization of coal.


Ordos Bayanmengke Coal Co., Ltd.

Established in September 2006 and situated in Dongsheng District, Ordos City, Inner Mongolia Autonomous Region, Ordos Bayanmengke Coal Co., Ltd. operates an open-pit coal mine. The mine field spans 5.11 square kilometres with geological reserves of 40 million tons and an annual production capacity of 1.2 million tons.

Ordos Bayinmengke Coal Co., Ltd. was established in September 2006 and is located in Dongsheng District, Erdos City, Inner Mongolia Autonomous Region. It is an open-pit coal mine with a minefield area of 5.11 square kilometers, geological reserves of 40 million tons, and an annual production capacity of 1.2 million tons.


Inner Mongolia Yahai Energy Development Co., Ltd.

Founded in September 2014 in Otog Front Banner, Ordos City, Inner Mongolia Yahai Energy Development Co., Ltd. focuses on the development, utilization, research, production and sales of new energy and clean energy. Its completed 600,000-ton LNG project can supply peak-shaving gas and LNG filling stations for cities within an 800-kilometre radius, effectively lifting local supply capacity of natural gas clean energy.


Jiangsu Runyang New Energy Technology Co., Ltd.

Founded in May 2013, Jiangsu Runyang New Energy Technology Co., Ltd. specialises in the R&D, production and sales of high-efficiency solar cells. It has built production bases in Yancheng Economic Development Zone and Jianhu County of Jiangsu Province, as well as overseas bases in Thailand, the United States and other locations.

Since its establishment, the company has accumulated a large number of proprietary technologies. Thanks to forward-looking strategic layout, continuous independent innovation, efficient execution and refined process management, its solar cells maintain leading industry performance in photoelectric conversion efficiency and cost control. The company has been recognised as one of the Global Top 500 New Energy Enterprises, a national-level Specialized, Refined, Differential & Innovative "Little Giant" Enterprise and a provincial unicorn enterprise.


Jiangsu Yueda Low-Carbon Technology Development Co., Ltd.

Founded in August 2023 and wholly owned by Jiangsu Yueda Investment Co., Ltd., Jiangsu Yueda Low-Carbon Technology Development Co., Ltd. focuses on investment, construction, operation, maintenance of new energy projects as well as comprehensive energy services. Adhering to the principles of standardisation, conservation and high efficiency, it administers 14 companies including Yueda New Energy, Yuehai New Energy, Yuexiang New Energy, Xingyue New Energy, Pingluo Yuening and Xinneng Xinyue, with a total planned investment of approximately RMB 6 billion.

Deeply engaged in the new energy market, the company concentrates on investment and construction of centralized and distributed photovoltaic projects, develops integrated comprehensive energy services such as intelligent operation & maintenance and power sales, and deploys projects near provincial and municipal power load centres and regions with rapid power consumption growth to forge a differentiated high-quality development path.

The company consistently builds projects to high standards, actively develops model projects, sets industry benchmarks and fosters new productive forces. At present, it has invested in and operated multiple new energy photovoltaic power stations in Yancheng, Dafeng, Xiangshui of Jiangsu and Pingluo of Ningxia. Among them, the 378 MW Huafeng fishery-solar complementary photovoltaic project, as well as the 150 MW and 310 MW Guandong Salt Field fishery-solar complementary photovoltaic projects, have been listed as major energy projects in Jiangsu Province.


Jiangsu Yueda Energy Storage Technology Co., Ltd.

Officially put into operation in September 2023, Jiangsu Yueda Energy Storage Technology Co., Ltd. is a wholly-owned subsidiary of Jiangsu Yueda Investment Co., Ltd. with a registered capital of RMB 300 million. Its core business covers investment and operation of photovoltaic, energy storage, PV-storage-charging and source-grid-load-storage power stations, providing customers with multi-scenario green energy solutions.

The company has put into operation shared energy storage of 520 MWh and industrial & commercial microgrid projects of 170 MW(h), with total investment of roughly RMB 500 million. Its Textile Park Intelligent Microgrid Project, which establishes a coordinated "Photovoltaic + Energy Storage" operation system, has been named a demonstration benchmark microgrid project by Jiangsu power grid authorities.

Looking ahead, the company will seize opportunities arising from the construction of the new power system and further develop the green intelligent microgrid sector. Relying on its proprietary virtual power plant management platform, it will comprehensively boost profitability across the whole green energy industrial chain. Meanwhile, it will conduct R&D and sales of household PV-storage products to steadily expand market coverage, strengthen core competitiveness and strive to become a first-class national smart energy service provider.


Jiangsu Yueda Biomass Technology Co., Ltd.

Founded in March 2024, Jiangsu Yueda Biomass Technology Co., Ltd. is an innovative enterprise focusing on the collection, storage and processing of biomass straw. It supplies biomass pellet feedstock complying with ISCC certification standards for downstream green methanol projects. Phase I features a designed total annual capacity of 450,000 tons, with a completed intelligent low-carbon straw pellet production line of 100,000 tons per year. By 2030, the company will achieve an annual supply capacity of 750,000 tons of biomass pellets, consuming over 2 million tons of biomass straw annually from Yancheng and surrounding regions.

Guided by its development philosophy of Green Leadership, Global Vision, Sustainable Development and Shared Future, the company aims to become an outstanding enterprise in the biomass straw processing and utilisation industry and make greater contributions to social and environmental sustainability. It currently supplies relevant products and services to power plants under Shenergy Group and Everbright Group.


Jiangsu Yueda Green Hydrogen Technology Co., Ltd.

Established in September 2023, Jiangsu Yueda Green Hydrogen Technology Co., Ltd. serves as Yueda Group’s core business carrier to explore the hydrogen energy track and develop the green new energy industry.

Targeting the core technical routes of “Hydrogen-Electric coupling” and “Hydrogen-Carbon coupling”, the company focuses on comprehensive development and utilization of green hydrogen, integrated technology R&D and multi-scenario application demonstration. It has completed demonstration projects including an integrated hydrogen production, hydrogen refueling and fuel cell testing station, and successfully landed two core industrialization projects: Organic liquid hydrogen storage and Geopolymer low-carbon cementitious materials. Meanwhile, it jointly built the Green Hydrogen Branch Center with Jiangsu Coastal Renewable Energy Technology Innovation Center, continuously accumulating practical experience for the large-scale rollout of the hydrogen energy industry.

In the future, closely following the national green and low-carbon development strategy and focusing on the development direction of Green Hydrogen + New Energy, the company will build a collaborative development platform for new materials, new technologies and new equipment. It will fill gaps in the Group’s green energy industrial chain and empower high-quality development of the hydrogen energy industry in Yancheng and the Yangtze River Delta region.