Shanghai Yueda New Industrial Group Co., Ltd was registered in Shanhgai in April, 2003, and completed the reorganization in August 2006. And it is a large scale domestic capital enterprise invested and founded by Jiangsu Yueda Group Co., Ltd, to comply with the situation that China’s economy is rapidly developing, bring Yueda Group’ overall advantages into full play, make use of the advantages of Shanghai’s talented people, information, funds, policies and etc., enlarge and strengthen the enterprise scale and expand its new development space.
Shanghai Yueda New Industrial Group Co., Ltd is positioned as a group company with "energy base as the leading role, independent investment and financing body and Yueda group headquarters in Shanghai".After 18 years of development, it has basically formed an industrial pattern with traditional energy industry as the main industry and coordinated development of emerging energy and capital operation.At present, Shanghai Yueda New Industrial Group Co., Ltd holds 8 coal mining enterprises and shares them, with a total coal resource reserves of nearly 5 billion tons,recoverable reserves of more than 3 billion tons, and an existing production capacity of nearly 20 million tons; 6 non coal energy enterprises; and 1 electricity sales service enterprise. Since the 13th five-year plan, based on traditional energy, the company has actively developed non coal energy. Runyang Yueda Photovoltaic Technology Co., Ltd. has gradually become the benchmark of Yancheng photovoltaic industry. The newly invested Inner Mongolia Yahai Energy Development Co., Ltd. will be committed to the field of liquefied natural gas.Shaanxi Huangling power Generation Co., Ltd. will deeply cultivate the coal power integration project and continue to seek new and old energy coordinated development of coal and electricity to promote enterprise transformation and upgrading.
During the "14th five year plan" period, Shanghai Yueda New Industry Group Co.,Ltd will continue to actively respond to Yueda Group’s management deployment of "platform specialization"and requirements for enterprise transformation and upgrading,focus on the main energy industry, base on transformation and development, give full play to its advantages, seize the opportunity of national energy strategic development, further close foreign cooperation, strengthen scientific and technological innovation, and constantly improve, expand and strengthen Yueda energy industry, so as to gradually form a high-quality development pattern with diversified factors, industrial linkage and complementary promotion,and speed up the completion of a comprehensive energy company with coordinated development of traditional energy and new energy, coordinated development of coal and electricity, and integrated development of industry and capital.