Located in the Central Hulunbeir grassland and within the administrative region of Abaerhuqi, Shenhua Baorixile Energy Co., Ltd , is a large-scale key coal enterprise of new-shareholding and diversified technology co-funded by Shenhua Group, Hangzhou Guangda Investment Group, Har ' erbin Railway Branch, Daqin Petroleum Administration Bureau etc.
As one of the emerging mine areas in Northeast region, Baorixile has 3 subsidiary mine areas: Mine area 1 of Baorixile, Baoyan mine area and Lutian mine area. All of them boast of rich reservation. With simple geological formation, it has a shallow-buried and steady coal bed. The coal is high-quality lignite of relatively low sulphur, phosphor and ash, which can be applied to many industries such as power, heating, chemical industry, gas production and industrial boilers. The “ Lvbao ” -branded coal, which can be processed according to the need of customers, is purchased throughout Inner Mongolia, Heilongjiang, Jilin, Liaoning, Hebei, Henan, Shandong, and many other provinces. The perfect regional distribution network provides customers with all-round and full-time service. Bao Coal Company is well accepted by customers for the competitive price of its products, which are known as ‘ Economical Coal ' . The company has established strategic partnerships with many large coal-users, and its market share is increasing at an incremental pace of more than 18%.In 2005, Shenbao Company achieved an annual sales volume of 5 million ton while its pre-tax profits reached 200 million. Average employee incomes increased by 80.1%.Because of the concerted efforts of the whole company, it ran for 1210 successive days, creating the magic of producing thousands of millions of Lutian Coal in six months. Thus, tt successfully concluded all annual targets.
The implementation of the energy strategy in Inner Mongolia Autonomous Region and the revitalizing strategy in old industrial bases in northeast China provides a large room for the company ' s development. With in-depth processing, development and use of coal resources, the company is advancing towards the great goal of developping coal, power and oil together.
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