The company was founded on June 30, 2001, with Kailuan Group as the main sponsor. It was jointly established with China Cinda, Shanghai Baosteel, China Huarong, China National Institute of Coal Science and Technology, and Southwest Jiaotong University. The company's main business includes coal mining, raw coal washing and processing, coking and the production and sale of coal chemical products. The company's main products include refined coal, coke and chemical products such as methanol, pure benzene, adipic acid, and polyformaldehyde.
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