Thanks to its new non-coal businesses, the Jincheng Anthracite Mining Group (JAMG) realized an income of 8.83 billion yuan ($1.44 billion) in the first half of 2013, exceeding expectations at a time when the coal industry was in a recession.
Jinchen Anthracite Mining Group (JAMG) was built in 1958 and established itself as the largest coal chemical enterprise. It is an important production base of quality anthracite.
The Taiyuan Heavy Machinery Group Co Ltd was founded in 1950 as the first state-owned heavy machinery company, both designed and constructed by the government since 1949.
Shanxi Coking Coal Group is partnering with Shuanghui Group, China's largest meat processing company, to enter the meat processing industry as the company strives to diversify its business.
