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600997
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Shanghai Composite
Over the past 12 months, Kailuan Energy Chemical Co Ltd has underperformed Shanghai Composite, delivering a return of -6% compared to the Shanghai Composite's +25% growth.
Stocks Performance
600997 vs Shanghai Composite
Performance Gap
600997 vs Shanghai Composite
Performance By Year
600997 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Kailuan Energy Chemical Co Ltd
Glance View
Kailuan Energy Chemical Co. Ltd., rooted in the historic Kailuan Group established in the late 19th century, embodies a modern incarnation of China's rich industrial legacy. Set in the bustling coal-producing region of Tangshan, Hebei Province, Kailuan Energy is a testament to evolving economic paradigms. The company primarily engages in the extraction and processing of coal, which remains a linchpin of China's energy infrastructure. Coal mining is not just a foundational business for Kailuan; it is an intricate process where geological surveying, excavation, and rigorous safety measures culminate in the bulk production of this critical energy resource. By integrating advanced technologies to enhance operational efficiency and safety, Kailuan has carved a niche in a sector often characterized by its challenges. Beyond its core activities, Kailuan Energy Chemical Co. Ltd. has diversified into the production of chemicals and the generation of electric power. This strategic diversification leverages the by-products of coal processing, turning potential waste into revenue streams. The company's chemical division transforms coal derivatives into valuable industrial chemicals, thus optimizing resource use and minimizing environmental impact. Simultaneously, its power generation units supply electricity, bolstered by a dependable coal supply, to meet regional demand. By weaving together these interconnected operations, Kailuan Energy not only fortifies its bottom line but also plays a pivotal role in propelling the economic engine of its locale. Such a broad operational tapestry illustrates Kailuan's ability to adapt and sustain growth amidst the evolving demands of a modern economy.
