Is Long Mei Group a state-owned enterprise?

Long Mei Group is a state-owned enterprise.

Long Mei Group was established at the end of 2004, which was formed by the integration of four state-owned key mining areas: Jixi, Hegang, Shuangyashan and Qitaihe. Among the four state-owned key mining areas under Long Mei Group, Jixi and Hegang have a history of 100 years, while Shuangyashan and Qitaihe have a history of more than 60 years.

At present, Long Mei Group has 17 subsidiaries, and Long Mei Co., Ltd., the largest ownership enterprise, was founded in 2009 by 13 state-owned and private shareholders, with Long Mei Holding Group holding 85.58% of the shares. The business scope of the enterprise is mainly coal mining, supporting the formation of washing processing, cogeneration, fireworks production, logistics trade, geological exploration, mine construction, real estate development and other related industries.

Enterprise development:

Long Mei Holding Group adheres to the thorough implementation of Scientific Outlook on Development, firmly grasps the strategic opportunity of the central government to revitalize the old industrial base in Northeast China and the construction of coal-fired power base in eastern Heilongjiang Province, and adheres to the strategic policy of "coal-based, diversified transformation, excellence, strength and harmonious development".

With the stock reform and listing and scientific and technological progress as the driving force, with the goal of building three industrial economic sectors of coal, coal-fired power and coal chemical industry, and with the model of building industrial parks and developing circular economy, we will comprehensively promote the strategic adjustment of industry, products and property rights structure, effectively strengthen environmental protection and comprehensive utilization of resources in mining areas, and actively promote the scientific development of enterprises.

Strive to achieve a total output of 654.38 billion tons of coal within a few years, and the proportion of non-coal economy will reach more than 30%. Long Mei Holding Group will be gradually built into three major industries of coal, coal-fired power and coal chemical industry, and its ability to control and develop resources, coal production transformation, investment and financing, capital operation, market regulation and anti-risk will be continuously enhanced.

The mega-100-million-ton coal enterprise group with diversified stock rights, flexible mechanism, standardized management, increased benefits, safety and stability, and rich workers' lives has become an important support for the coal-fired power base in eastern Heilongjiang Province and the core coal enterprises in Northeast China (Mengdong).

Baidu encyclopedia-Heilongjiang long coal mining holding group co., ltd