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Ningxia Baofeng Energy Group Co 600989.SS · CNY

Materials · Shanghai · 🇨🇳 China

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21.33

+0.42%

Close of 9 Nov 2026, in CNY

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About Ningxia Baofeng Energy Group Co

Its shares trade on Shanghai under the ticker 600989.SS. It has been listed since 16 May 2019. In the fiscal year to 31 December 2025, it reported revenue of CN¥47.85bn and net income of CN¥11.35bn. At that date it held total assets of CN¥90.15bn and shareholders' equity of CN¥48.39bn.

Ningxia Baofeng Energy Group Co., Ltd. engages in the manufacturing and sale of coal chemical products. The company is headquartered in Yinchuan, Ningxia. The company went IPO on 2019-05-16. The firm's main products include olefin products, coking products and fine chemical products. Olefin products mainly include polyethylene, polypropylene and olefin by-products. Coking products mainly include coke and coal coking by-products. Fine chemical products mainly include pure benzene, modified asphalt, industrial naphthalene, eucalyptus oil and MTBE. The firm mainly conducts its businesses in domestic market.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Chemicals
Listed since
16 May 2019
Employees
16,113

Leadership

Pay as last reported

  • Mr. Yanbao DangChairman of the Board, since 2005
  • Mr. Yuanguan LiuPresident, Director, since 2012CN¥5.8m
  • Mr. Dongxu WangChief Financial Officer
  • Mr. Jianjun GaoExecutive Vice President, Director, since 2012CN¥5.4m
  • Mr. Yu GaoVice President, Director, since 2019CN¥3.0m
  • Mr. Junfeng KongVice President, Director, since 2022CN¥3.2m
  • Mr. Zhaoyuan ChenVice PresidentCN¥4.8m
  • Mr. Huashan HanVice President
  • Mr. Zhibin LiVice PresidentCN¥3.7m
  • Mr. Lin ShaoVice PresidentCN¥3.2m
  • Mr. Jiangxue SongVice PresidentCN¥3.1m
  • Mr. Min WangVice PresidentCN¥3.0m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
73
Environment
93
Social
55
Governance
71
Direct emissions (scope 1)
15,460,000 t
Energy emissions (scope 2)
1,860,000 t
Women in the workforce
4.87702%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Ningxia Baofeng Energy Group employs 16,113 full-time staff members across its operations.
  • The company manufactures diverse olefin products including polyethylene and polypropylene for the market.
  • Fine chemical products like pure benzene and MTBE support the domestic sales strategy.

Weaknesses

  • The firm relies exclusively on the domestic market for its business activities.
  • Operations are concentrated in Yinchuan, which may limit geographic diversification efforts.
  • The company went public on 16 May 2019, indicating a relatively recent market presence.

Opportunities

  • Expanding the range of coking products such as coke and coal by-products could boost revenue.
  • Increasing production of industrial naphthalene and modified asphalt offers new growth avenues.
  • Leveraging the 16,113 employee base can enhance operational efficiency and output capacity.

Threats

  • Dependence on the domestic market exposes the firm to regional economic fluctuations.
  • Volatility in coal prices directly impacts the cost structure of chemical manufacturing.
  • Competition in the materials sector may pressure margins for olefin and fine chemical products.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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