According to Tik Tok Encyclopedia, Ningxia Baofeng Energy Group Co., Ltd. is one of the large private enterprises in Ningxia with a registered capital of 2 billion yuan. It is a large-scale group company with coal production, processing, utilization, management and sales as the leader and real estate, commercial storage and transportation, warehousing and logistics distribution as the main body.
In 2023, the list of "2022 Forbes Top 50 Sustainable Industrial Enterprises in China" was released, and Ningxia Baofeng Energy Group Co., Ltd. was selected.