On 5 September 2018, the signing ceremony of cooperative project agreement between Yankuang Group and Institute of Engineering Thermophysics, Chinese Academy of Sciences (“CAS”) was held in Yankuang and YK-CAS Clean Energy Science & Technology Co., Ltd. (“Clean Energy Company”) was set up in Zoucheng City, aiming at jointly building an industrial base for clean and efficient utilization of coal, and promoting the development of this emerging industry.
Relying on the Recruiting Global Experts Program, Yankuang Group has fully promoted the implementation of "Blue-Sky Project", built a unique high-end R&D platform and production demonstration base for clean and efficient use of coal, initially developed the coal combustion system and explored a new path for clean and efficient utilization of coal.
CAS has devoted to the technical research in the fields of efficient and clean burning of coal, energy conservation and emission reduction for many years. Specialized in the clean and efficient combustion of ultra-low nitrogen coal fines, CAS has formed distinct technical advantages.
The newly- established Clean Energy Company will devote itself to the R&D and transformation of clean energy and environmental protection technology, R&D of environmental protection equipment and technology such as dust removal, desulfurization and de-nitration, as well as R&D, manufacturing, promotion and sales of new energy and energy-saving and environmental protection materials.