Yankuang to grow against the trend: Li Xiyong

(chinadaily.com.cn )| Updated : 2020-05-21

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"Yankuang Group will strive to complete its development goal for 2020 despite the challenges posed by the COVID-19 pandemic," said Li Xiyong, chairman of Yankuang Group, a mining conglomerate based in East China's Shandong province.

Li, deputy to the 13th National People's Congress, made the remarks during a recent interview.

According to Li, Yankuang Group aims to produce 170 million tons of coal and more than 10 million tons of coal chemicals products in 2020, with operating income hitting 300 billion yuan ($42.23 billion).

"As a state-owned company, Yankuang Group will ramp up its efforts to realize continuous growth against a global economic downtrend and contribute to the economy recovery," said Li.