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Suneng Co., Ltd.: Develop new quality productivity and strive to enter the world-class enterprise

author:Jiangsu Economic News

In the spring of 2023, Jiangsu Xukuang Energy Co., Ltd. (hereinafter referred to as "Suneng Co., Ltd.") successfully landed in the capital market. The century-old dream of listing Xu Mine has become a reality, drawing a rafter for the listing of the main board of the national coal industry.

Suneng Co., Ltd.: Develop new quality productivity and strive to enter the world-class enterprise

Over the past year since its listing, Suneng has adhered to the equal emphasis on scale and efficiency, expanded the industry track externally, activated the green engine internally, accelerated the modernization of the safety production governance system and governance capacity, and embarked on a high-quality development path of "one core and two poles" with "coal-based industry as the core, development and utilization of strategic mineral resources and the development of new energy as the growth pole", and continuously contributed higher value to investors and society.

Serve the security of energy resources in Jiangsu

"You have to keep your energy in your own hands." As the main force in the security of energy resources in Jiangsu Province, Suneng Co., Ltd. has taken advantage of the opportunity of coal base resource integration brought about by the strategic planning of "Xinjiang Coal Electrification", "Shaanxi Power Transmission to Suzhou" and "Mongolian Power Transmission to Suzhou", and has made in-depth layout and construction of "six major energy bases", further improving market supply capacity, serving the energy needs of Jiangsu's economic and social development with high quality, and escorting economic development and improvement of people's livelihood.

From the north and south of the Tianshan Mountains to the banks of the Wei River, from the land of Gupeng to the grassland of Tianbian and the Hexi Corridor, Suneng's major energy bases are booming, with a new coal production capacity of 12.1 million tons and an installed power capacity of 4.32 million kilowatts, 65% of the total construction volume of the Wulagai Power Plant Project of Xilin Gol League has been completed, and 50% ×of the underground pipe network construction volume of the 266,600 kilowatt power generation project of Baiyinhua has been completed...... A number of major projects related to the transformation and development of enterprises have been implemented one after another.

At the same time, 12 new strategic mineral resources such as nickel, aluminum, lithium, iron, and cobalt are being developed and promoted simultaneously to increase resource reserves and production, and stabilize the supply of mineral resources in Jiangsu.

In the past year since the listing of Suneng shares, we have been heart-to-heart, hand in hand, shoulder to shoulder, breathing and sharing destiny, working together, struggling and fighting together, jointly realizing the highlight moment of Suneng's dream of a hundred years, and jointly promoting the gorgeous butterfly change of traditional energy enterprises.

Work together to build a new force! This year, Suneng Co., Ltd. handed over a "report card" of high-quality development to the capital market - the profitability of the enterprise continued to improve, the energy supply guarantee tasks issued by the Jiangsu Provincial Party Committee and the Provincial Government were completed with high quality, the construction of major fund-raising and investment projects was accelerated, the construction of new energy projects made breakthroughs, and the development of strategic mineral resources was non-stop, showing Suneng's responsibility in serving the security of energy resources.

Go green and light up the background color of development

The wind of "dual carbon" is rising, and the connotation of energy security in the new era is undergoing profound changes. To this end, Suneng Co., Ltd. takes the initiative to serve the national strategy, deeply embeds its own development into the national green and low-carbon transformation and development map, extends and expands based on resource endowment and industrial base, highlights the development and utilization of strategic mineral resources, the construction of a new energy system for wind, solar and hydrogen storage, and the breakthrough of major technological innovation in energy resources, and "takes the lead and sets an example" in the tide of developing new quality productivity.

At present, 55 new energy projects have been approved and 22 have been completed, among them, the main civil work of the Yuancheng energy storage power station project has been completed, and a series of new energy projects such as the 400 MW wind and solar project in Inner Mongolia Ximeng and the 100 MW photovoltaic project in Linyou in Shaanxi are in full swing to start construction.

Suneng Co., Ltd.: Develop new quality productivity and strive to enter the world-class enterprise

Suneng Co., Ltd. invested 5.6 billion yuan to cooperate with the local government to manage 230,000 acres of coal mining subsidence land, turning the coal mining site into "green water and green mountains, gold and silver mountains", comprehensively solving the "three major problems" of industrial continuity, personnel placement and ecological governance, and creating the "three major samples" of the transformation of the old coal industrial base, the rebirth of the closed mine and the ecological restoration of the aging mining area, leading the century-old mine to successfully embark on a new road of transformation and rebirth.

Develop new quality productive forces in accordance with local conditions

During the two sessions of the National People's Congress this year, "new quality productivity" is one of the hot words that have attracted much attention. "The new quality of productivity is the quality of the advanced productivity in which innovation plays a leading role, and the key to grasping the new quality of productivity is to twist the 'bull's nose' of scientific and technological innovation." Feng Xingzhen, Secretary of the Party Committee and Chairman of Xu Mining Group and Chairman of Suneng Co., Ltd., said that Suneng Co., Ltd. attaches great importance to the competitiveness and influence of enterprises in scientific and technological innovation, knowledge output, and enterprise innovation. Last year, the company won the 7th China Industry Award for its "Demonstration Project of Innovative Technology and Model for the Transformation and Development of Resource-exhausted Mining Areas"; It has successively built 12 national, provincial and ministerial innovation platforms, 1 achievement won the special prize of science and technology of China's coal industry, and 6 technologies were awarded "China's good technology".

In particular, Suneng Technology Co., Ltd., which was recently established in Nanjing, serves the Jiangsu Energy Resources Industry Research Institute, which will provide strong support for Suneng to enhance the innovation influence in the field of energy resources in the province and create a source of original technology. In addition, Suneng has also set up a science and technology innovation fund to fully support the daily research and development of the research institute, and serve the security of energy resources with high-level scientific and technological self-reliance and self-reliance.

Suneng Co., Ltd.: Develop new quality productivity and strive to enter the world-class enterprise

In the past year since its listing, Suneng has been constantly subverting people's stereotypes of traditional energy companies, from the green and low-carbon governance of "mines are not like mines, coal mining is not visible, and coal production is not used for coal" to the construction of a new energy system of "cross-border integration and multi-energy complementarity", from improving the quality of information disclosure to building and strengthening corporate governance capabilities, and accelerating the march to a world-class enterprise. Recently, the "2023 Jiangsu A-share Listed Companies Dividend List" was released, and Suneng Co., Ltd. paid a dividend of 2.824 billion yuan, ranking 7th on the list and 2nd among provincial state-owned enterprises. It is particularly noteworthy that the annual cash dividend ratio of Suneng shares is as high as 117.87%, allowing all shareholders to share the fruits of enterprise development.

The capital market also gave a positive evaluation - it was ranked among the "Top 500 Listed Enterprises in China by Market Capitalization", obtained the highest credit rating of AAA, successfully entered the "CSI 500" index, ranked among the top 8 listed coal enterprises in the industry, and won the model of corporate social responsibility in Jiangsu and the benchmark of high-quality development in Jiangsu...... Singing all the way and handing over an industry-leading report card.

Guanshan is thousands of miles, and the original heart is like a rock. Shouldering the yearning of 40,000 Xu Mine family members for a better life, and shouldering the care and trust of the majority of investors, Suneng Co., Ltd. has continuously stimulated new quality productivity with the help of the power of the capital market, continuously refreshed the "Suneng speed" on the road to building a world-class enterprise, wrote the "Suneng answer sheet", and painted a new chapter in the modernization of Xinxu Mine.

Yao Tianyu Zheng Xiaomin

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