Baofeng Energy
宝丰能源
Heavy Industry, Machinery & ChemicalsYinchuan · Northwest (Shaanxi · Ningxia)
Business focus
Heavy Industry, Machinery & Chemicals
Description
Ningxia Baofeng Energy Group (宝丰能源) was founded on November 2, 2005, headquartered at the Ningdong Energy and Chemical Base in Yinchuan, Ningxia. It specializes in coal chemicals — coal-to-olefins, coking and fine chemicals — holding roughly a third of China's coal-to-chemicals capacity. It listed on the Shanghai Stock Exchange in May 2019 (ticker 600989); revenue now exceeds $7 billion, ranking 414th on the 2025 Fortune China 500.