Yankuang Group Company Limited, restructured from Yanzhou Mining Bureau, was established in 1976. It is the fourth largest coal mining state-owned enterprise in People's Republic of China. In 1999, Yanzhou Mining Bureau was renamed to Yankuang Group Company Limited. It is not only engaged in coal production and sales, coal chemicals, civil engineering, machinery manufacturing, transportation and electricity, but also garment business and trade. Its headquarters is located at Jining, Shandong.
Its subsidiary company, Yanzhou Coal Mining Company Limited, is listed on New York Stock Exchange, Hong Kong Stock Exchange and Shanghai Stock Exchange respectively in 1998.
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“Caprice, independence and rebellion, which are opposed to the social order, are essential to the good health of an ethnic group. We shall measure the good health of this group by the number of its delinquents. Nothing is more immobilizing than the spirit of deference.”
—Jean Dubuffet (1901–1985)