At Shanxi Yangmei Group Taihua Qingxu Chemical New Materials Base, we saw technical reform personnel working on site with the project design contractor Sailing Company designers. This is a concrete action for Yangmei Coal Group to eliminate backward chemical capacity and commit to low-carbon technology. It is reported that Yangmei Group aims to “low-carbon development in high-carbon industries†and will invest 100 billion yuan in the “12th Five-Year Plan†period. Through a series of measures including multi-industry development, technology upgrades, and project-led development, Yangmei will build a batch of landmark projects. Leading exemplary projects, we will vigorously upgrade the industrial technology level, extend the industrial chain, and strive to become the vanguard of Shanxi's transformation. According to reports, Yangmei Coal Group will use coal and coal chemical industry as the two leading industries, and it will build the country's largest production and supply base of 100 million tons of anthracite in 2015. At the same time, it will further extend the industrial chain and build a million-ton coal electric aluminum industrial base in Jindong, realizing the strategic transformation from primary raw materials to sophisticated products. In addition, supporting industrial clusters will be developed to build the largest complete set of coal machinery generators in Shanxi, and cultivate 8 to 10 strategic emerging industries such as new metal materials and energy conservation and environmental protection. Yangmei Group will invest 1.2 billion yuan for technology research and development this year. In the future, this figure will increase at an average annual rate of 30%. By 2015, science and technology investment will reach 2.6 billion yuan. At present, a series of key research projects in the coal field, such as coal seam underground gasification tests, have been gradually launched. In the coal chemical industry, Yangmei Group strives to enlarge and strengthen the three major sectors of new chemical, fine chemical, and chemical new materials to increase the added value of its products. This year, Yangmei Coal Group has locked its investment target at over 25 billion yuan, and has been focusing on new energy, new materials, new processes, high-end manufacturing and other strategic emerging industries and high-tech fields to carry out project construction. This year, a large number of projects such as the “24·40†urea project, the 1 million-ton power plant project and the 700,000-ton alumina second-phase project will soon be put into trial production. By 2015, Yangmei Group will invest 100 billion yuan to concentrate on the completion of 30 coal projects, the construction of 8 major chemical bases, a coal-fired aluminum recycling economy park, 3 to 4 coal machine projects, and 8 to 10 A strategic emerging industry project. Using new projects to drive the Group's transformation and development.
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