The 2019 National Coal, Steel and Coking Coal Medium and Long-term Contract Negotiations Conference was held in Chengdu City recently, during whichYankuang Group held the symposium on independent supply and demand, communicated with key domestic customers and coal enterprises, and formally joined China Coking Coal Cluster Brand Alliance (CCCCBA).
Yankuang achieved a lot in this conference. Firstly, the long-term contracted volume of coking coal was more than 80% of next year’s production within headquarters, which laid a foundation for the balance and stability of annual production plan of next year. Secondly, Yankuang signed long-term contracts with more than 10 large state-owned steel or coking enterprises of nearly 6 million tons, an increase of 1 million tons year-on-year basis, achieving a significant breakthrough in sales. Thirdly, China Coal Transport and Marketing Association had officially approved Yankuang to join CCCCBA, forming the strategic sales alliance of top 9 China coking coal enterprises.
As China’s largest gas coal and fine coal supplier, Yankuang will rely on coal scientific research, washing and other technical advantages, implement quality and brand strategy, focus on coal technologies such as type and quality, gas coal and fine coal blending ratio, intensify one-to-one customized production, provide integrated energy solutions, accelerate the construction of high-quality coking coal mines, and return customers with more abundant coal resources, excellent product quality, and more satisfactory after-sales service. At the same time, Yankuang will optimize its industrial layout structure, expand the logistics supply system, build an online and offline integrated service chain, so as to provide better services.