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Five China Risun Group Companies Awarded as "Leading Enterprises" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster

Release time: 2024-01-05

 (Hong Kong, 18 December 2023) – China Risun Group Limited (“China Risun”, or the “Group”, stock code: 1907.HK), a leading global integrated producer and supplier of coke, coking chemicals and refined chemicals and related operation management services in China, has announcedthat the Department of Industry and Information Technology of Hebei Province has issued the Notice on Promulgating the List of "Leading" Enterprises and the Adjustment List of the First Batch of "Leading" Enterprises in the 2023 Hebei Province County-Level Characteristic Industrial Cluster. Hebei Risun Energy ("Hebei Risun"), Hebei China Coal Risun Energy Limited ("CNC Risun"), Xingtai Risun Chemicals Ltd. ("Xingtai Risun Chemicals"), Hebei Jinniu Risun Chemicals ("Jinniu Risun"), and Xingtai Risun Coal Chemicals Ltd. ("Xingtai Risun Coal Chemicals") have been approved and selected as "leaders" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster.

Hebei Risun was awarded the title of "Leader" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster, mainly based on its adherence to innovation-driven and technological leadership, active promotion of the demonstration and application of hydrogen fuel cell vehicles, and continuous promotion of the high-quality development of the new energy industry. At the same time, Hebei Risun has also been awarded honors and certifications such as National High-Tech Enterprise, National Green Factory, National Water Efficiency Leader, National CNAS Accredited Laboratory, and Environmental Performance A-level Enterprise, demonstrating the profound strength and heritage of Hebei Risun. Hebei Risun has always adhered to the development of industrial parks, integrated expansion, and connotative growth. The company has invested a total of 12 billion yuan, with a cumulative operating income of 140.3 billion yuan and a cumulative tax payment of 5.029 billion yuan. For six consecutive years, it has achieved sales revenue of over 10 billion yuan, and in 2021 and 2022, its revenue exceeded 15 billion yuan, with a total production capacity of five million tons, making it the largest independent coking enterprise in the country and one of the main contributors to the Group's establishment as the "world's largest independent coking producer and supplier". In addition, Hebei Risun continues to promote industrial upgrading through technological innovation, and owns research and development innovation platforms such as Hebei Provincial Technology Innovation Center, Enterprise Technology Center, Provincial Industrial Enterprise R&D Institutions, and Park Engineering Center.

CNC Risun won the title of "Leader" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster, mainly based on its commitment to intrinsic safety and intrinsic environmental protection, continuous deepening of scientific and technological innovation, and promotion of new energy industry development. CNC Risun has also won the honors and certifications of National High-Tech Enterprise, National Technological Progress and Innovative Coking Enterprise, National Green Factory, National Green Supply Chain Management Demonstration Enterprise, National Energy Efficiency "Leader", and National Water Efficiency "Leader". CNC Risun is a mixed-ownership enterprise jointly financed and established by Risun Group, Middling Coal Group and Delong Iron and Steel. It is managed and operated by Risun Group, with an accumulated investment of 5.672 billion yuan, an accumulated operating income of 99.064 billion yuan, and a tax payment of 3.879 billion yuan. Its main products include coke, tar, crude benzene, ammonium sulfate, and coal gas. CNC Risun has a leading domestic coking project of five million tons in the fourth phase. In addition, CNC Risun also has a supporting chemical production system, coke dry quenching and power generation equipment, SNG equipment, synthetic ammonia equipment, high-purity hydrogen equipment, hydrogenation station, carbon dioxide capture demonstration equipment, etc. CNC Risun has made remarkable achievements in technological innovation. It has a research and development center recognized by the Department of Industry and Information Technology of Hebei Province as a Class A research and development institution, and has made innovative achievements in the fields of closed vaporization coke quenching, carbon dioxide capture and utilization of coke oven flue gas, etc.

Xingtai Risun Coal Chemicals was awarded the title of "Leader" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster, mainly based on its significant achievements in scientific and technological research and innovation, coal chemical engineering technology, pollution reduction technology, and carbon-based material technology research and application. At the same time, the company has also obtained certifications and honors such as National High-Tech Enterprise, National Green Factory, National CNAS Accredited Laboratory, and Environmental Performance A-level Enterprise. Xingtai Risun Coal Chemicals is the operator and carrier of the first coal chemical project established and put into operation by Risun Group after establishing and implementing the strategies of "coke coal chemical" and "expanding from coke to chemical, achieving industrial leaps". Its main business is the deep processing of tar, and its production capacity accounts for 54% of the Group’s total. Xingtai Risun Coal Chemical has established several research and development platforms, achieved a series of innovative technological achievements, and supported the development of the tar industry. The company is also committed to promoting the development of environmental protection, conducting research on key technologies for water conservation and wastewater resource utilization in the coal coke chemical industry, as well as comprehensive treatment of coal chemical flue gas. With comprehensive advantages in product quality, safety and environmental protection, automation, informatization, digitization, and intelligence, Xingtai Risun Coal Chemical has become the largest coal tar deep processing enterprise in Hebei Province, making important contributions to regional scientific and technological innovation and high-quality industrial development.

Jinniu Risun was awarded the title of "Leader" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster, mainly based on its significant contributions in research and development innovation and industry leadership. The company has been awarded a number of national-level certifications and honors, including National High-Tech Enterprise, National Green Factory, and Environmental Performance A-level Enterprise. Jinniu Risun is jointly funded by Risun Group and Jizhong Energy. It uses coke oven gas, a by-product of CNC Risun, as raw material to synthesize methanol at low pressure. Jinniu Risun continuously upgrades and optimizes its technology, promoting green production and continuous high quality and high yield. Jinniu Risun has achieved many innovative technological achievements, including methanol synthesis technology, clean gas replacing traditional coal, etc. Jinniu Risun has also obtained a series of product certifications and export qualifications, enhancing its market competitiveness.

Xingtai Risun Chemicals was awarded the title of "Leader" in the 2023 Hebei Province County-Level Characteristic Industrial Cluster, mainly based on significant achievements in research and development innovation, energy conservation and consumption reduction, and clean production. Xingtai Risun Chemical has a series of certifications and honors, such as National High-Tech Enterprise, National Green Factory, and Environmental Performance A-level Enterprise. Xingtai Risun Chemical uses the naphthalene method or mixed method fixed bed gas phase catalytic oxidation method to produce phthalic anhydride. The process is advanced, clean and environmentally friendly, with a high degree of automation, excellent product quality, low investment, low energy consumption, and other advantages. The production capacity accounts for 44% of the Group’s total, making an important contribution to the establishment of the Group's position as the "largest industrial naphthalene to phthalic anhydride producer in China". Xingtai Risun Chemical is committed to technological progress to build production capacity, industrial support facilities, product quality, business collaboration, safety and environmental protection, automation, information technology, digitalization and intelligence, as well as comprehensive advantages in cost, logistics, and management. It has achieved a series of innovative technological achievements, such as wet electricity white feather removal technology for phthalic anhydride tail gas and separation technology for phthalic anhydride light components. It also ensures that all phthalic anhydride products meet national standards and are first-class products. Xingtai Risun Chemical fully promotes green and environmentally friendly manufacturing, and has built an efficient, clean, low-carbon, and circular manufacturing system.

The inclusion of five companies under Risun Group in the 2023 Hebei Province County-Level Characteristic Industrial Cluster "Leader" list is a recognition of past efforts and a direction for future development. Risun Group will continue to comprehensively integrate resources, make multidimensional comprehensive efforts, and contribute to the convergence and development of regional characteristic industrial clusters.

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