On August 7th, Li Changyun, chairman of Tianjin Hengyun Energy, took the company’s upper-level leadership and six people to the Guangxi Xinlong Group for investigation and research. The two parties discussed on the current economic situation of the coal industry and the desire to jointly develop coal resources.
In the morning, at the forum, Chairman Li Changyun first described the current economic situation in the coal industry. In the past year, due to the influence of the external financial environment and the inadequacy of internal policies, coupled with the slowdown in downstream demand, the coal market has been relatively weak due to factors such as electricity and coal demand represented by the steel industry. At present, with the coal market economy picking up, as a coal trading enterprise, we must profoundly analyze the situation and tasks facing the development of the company. On the one hand, we must regard the development of coal resources as one of the new economic growth points of Hengyun Company. The main means of core business development are actively developing strategic coal resources projects, seeking the best partners, integrating each other's advantages, obtaining the benefits of coal development, improving the profitability of the company, and strengthening the core competitiveness of the market. On the other hand, from the point of view of sustainable development, Hengyun Company has made a strategic decision to implement the development of coal resources. Through the development of coal resources, it is necessary to establish a main channel for coal supply and obtain the extended benefits of the industrial chain. At the same time, it is necessary to strengthen the core business and take into consideration the upstream and downstream industries so as to enhance the company's strength and competitiveness.
After listening to Li Changyun’s exposition, Chairman Li Long expressed the hope that the two parties will find a meeting point in the future to jointly develop coal resources and integrate the two sides with each other's advantages so as to increase the market share of both companies.
In the morning, at the forum, Chairman Li Changyun first described the current economic situation in the coal industry. In the past year, due to the influence of the external financial environment and the inadequacy of internal policies, coupled with the slowdown in downstream demand, the coal market has been relatively weak due to factors such as electricity and coal demand represented by the steel industry. At present, with the coal market economy picking up, as a coal trading enterprise, we must profoundly analyze the situation and tasks facing the development of the company. On the one hand, we must regard the development of coal resources as one of the new economic growth points of Hengyun Company. The main means of core business development are actively developing strategic coal resources projects, seeking the best partners, integrating each other's advantages, obtaining the benefits of coal development, improving the profitability of the company, and strengthening the core competitiveness of the market. On the other hand, from the point of view of sustainable development, Hengyun Company has made a strategic decision to implement the development of coal resources. Through the development of coal resources, it is necessary to establish a main channel for coal supply and obtain the extended benefits of the industrial chain. At the same time, it is necessary to strengthen the core business and take into consideration the upstream and downstream industries so as to enhance the company's strength and competitiveness.
After listening to Li Changyun’s exposition, Chairman Li Long expressed the hope that the two parties will find a meeting point in the future to jointly develop coal resources and integrate the two sides with each other's advantages so as to increase the market share of both companies.
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