Translator:Jiang Wenyu
Recently, Shanghai Landing Law Offices has received a notice from Gansu Energy Chemical Industry Investment Group Co., Ltd. (hereinafter referred to as Gansu Energy Chemical Group).
The legal team led by Senior Partners Zhang Weilin and Zhao Jie from Landing Law Offices was responsible for this entry. After comprehensive evaluation by Gansu Energy Chemical Group on the qualifications, scale, qualifications, experience, and expertise of the lawyers in the competing law firms, Landing Law Offices successfully entered the external lawyer resource pool of Gansu Energy Chemical Group.
Introduction of Gansu Energy Chemical Industry Investment Group Co., Ltd.
Gansu Energy Chemical Industry Investment Group Co., Ltd. is approved by the provincial government in November 2016, the integration of Jingyuan Coal Industry Group Group Co., Ltd. (referred to as Jingyuan Coal Company), Yaojie Coal and Electricity Group Co., Ltd. (referred to as Yaojie Company) and Gansu Coal Resources Development and Investment Co., Ltd. (referred to as Coal Investment Company), holding 100% of the equity of Jingyuan Coal Company, 75.38% of the equity of Yaojie Company, 51% of the equity of the Coal Investment Company as well as the provincial Department of Finance supporting the implementation of 100 million yuan in cash as a contribution to the formation of a large state-owned energy and chemical industry investment group, mainly responsible for the provincial coal enterprises, strategic management, financial control, marketing, safety supervision and other work, shouldering the provincial coal enterprises, asset reorganization, investment and financing, capital operation, restructuring, transformation and upgrading and other functions. The group company has more than 30,000 employees, total assets of 36-billion-yuan, net assets of 17.9-billion-yuan, registered capital of 5 billion yuan, the industry is mainly involved in coal and electricity, chemicals and fertilizers, infrastructure construction, equipment manufacturing, survey and design, trade and logistics, modern services and other fields, mainly located in Baiyin, Lanzhou, Zhangye, Qingyang, Tianshui and other areas.
In 2019, Gansu Energy Chemical Group ranked 44th and 31st among China's top 50 coal enterprises and top 50 coal producers, and ranked 202nd among the "2019 China Energy (Group) Top 500 List". In 2020, it once again made it to the list of the top 50 coal enterprises in China, ranking 43rd, and the top 50 coal production enterprises, ranking 32nd. In 2021, Gansu Energy Chemical Group entered the list of the top 500 energy enterprises in China, ranking 207th.
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