Huaibei Mining Holdings Co Ltd. Stock Analysis 600985.SS

Huaibei Mining Holdings Co., Ltd. engages in the production and sale of industrial explosives and detonators. The company is headquartered in Huaibei, Anhui and currently employs 39,570 full-time employees. The company went IPO on 2004-04-28. The firm's main business includes coal mining, washing, processing and sales, and the production and sales of coal chemical products. The firm's coal products mainly include coking clean coal and thermal coal. The main use of coking clean coal is to refine coke, and the main use of thermal coal is to provide power heat source for heating, power generation, building materials, chemical industry, etc. The firm's coal chemical products mainly include coke and ethanol, and the remaining products include tar, refined benzene, dimethyl carbonate.