In 2011, the Shandong Coal Exchange had orders for 17.73 million tons
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Yankuang Group, which was merged into Shandong Energy Group last year, once produced more than half of Shandong's coal output. After experiencing short-term difficulties at the end of the last century, in 2011, Yankuang Group produced 4.1 million tons of clean coal and lump coal, which increased by 40% year-on-year and increased by 230 million yuan based on structural adjustment.
At the same time, the Shandong Luzhou Coal Trading Center, which was the first coal trading center in Shandong Province controlled by the Yanzhou Mining Group in 2011, held the first coal trade fair in Shandong Province with a total order volume of 17.63 million tons, including non-logistics. The coal industry has occupied half of the company's sales revenue. In 2011, the non-coal industry achieved a sales income of 15.1 billion yuan and a profit of 356 million yuan, an increase of 64% and 118% year-on-year respectively.
It is reported that in 2008, Yankuang Group's sales revenue exceeded 10 billion yuan for the first time. Then in three years, the group achieved a leap from 10 billion to 20 billion yuan.