Is Inner Mongolia Huineng Coal and Electricity Group Co., Ltd. a state-owned enterprise?

Not a state-owned enterprise. Inner Mongolia Huineng Coal and Electricity Group Co., Ltd. is not a state-owned enterprise, but a comprehensive joint-stock enterprise. Its main business includes coal, coal chemical industry, financial services, real estate development, construction and operation, water source, electric power, roads and bridges, transportation and other fields.

Hui Neng Coal and Electricity Group is not a state-owned enterprise, and has a prominent position in the industry. In the ranking of the top 50 coal enterprises in China in 2022, Inner Mongolia Huineng Coal and Electricity Group Co., Ltd. ranked 27th in terms of operating income, output 19 and tax payment1. Among the top 500 private enterprises in China in 2022, the company ranked 362nd.