ABOUT US
1993---Future
Pengfei Group is a pioneering, green, low‑carbon technology enterprise that leads the way in achieving the “dual carbon” goals. Founded in 1993 with an initial investment of RMB 25,000, the company upholds the corporate mission of “creating happiness for those who are committed to Pengfei’s cause” and pursues the vision of “becoming a globally leading smart clean‑energy enterprise.” Today, it has evolved into an integrated, digital, circular, and green energy conglomerate encompassing raw coal mining, premium coal washing and beneficiation, coke production, modern coal chemical processing, commercial vehicle manufacturing, core hydrogen‑energy equipment manufacturing, zero‑carbon smart logistics, as well as cultural, commercial, and tourism services, alongside 5G‑based intelligent applications. With total assets of RMB 150 billion and more than 30,000 employees, the Group has been listed among China’s Top 500 Enterprises for five consecutive years. It is recognized as a “Shanxi Province Demonstration Enterprise for the Integration of Informatization and Industrialization,” Shanxi’s first DCMM‑certified enterprise, the “leading enterprise of Shanxi’s hydrogen‑energy industrial chain,” the “presiding unit of the All‑China Federation of New Energy Chambers of Commerce,” the “chairman unit of the Shanxi Hydrogen‑Energy Industry Alliance,” and the “presiding unit of the Shanxi Association for Resource Conservation and Protection.”
Strong
It has ranked among the Top 500 Chinese Enterprises for five consecutive years.
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The company has over 30,000 employees.
hundred million
The company’s assets amount to RMB 150 billion.
Pengfei Group is proactively embracing change to bolster its growth momentum. Centered on the digital transformation of manufacturing, it has built a world-class computing‑power center based on Deepseek and deployed six major computing‑power application scenarios, achieving objectives such as cost reduction and efficiency gains. In 2025, in collaboration with Shanxi Mobile, it established the nation’s first AI‑driven industrial intelligence joint laboratory in the operator sector, leveraging multiple technologies and large‑scale models to launch several pioneering projects nationwide. Its smart factory application system and the Pengfei Group’s 5G‑enabled Central Dispatch and Command Management Center were selected as pilot demonstration projects under the 2022 Industrial Internet initiative, and the company was recognized as a pilot enterprise for “Industrial Internet + Safe Production,” thus forging a distinctive “Pengfei Path” toward digital transformation in manufacturing.
Since 2019, Pengfei Group has been strategically developing the hydrogen energy industry. Building on its expertise in the coal‑coking chemical sector, the company has established a comprehensive value chain spanning hydrogen production, storage, transportation, refueling, end‑use applications, R&D, and equipment manufacturing. As a result, it has become the world’s first enterprise to integrate all stages of the hydrogen energy ecosystem—production, application, R&D, and system integration. Today, its hydrogen‑production facilities, which employ both coke‑oven gas reforming and water electrolysis, are steadily supplying a reliable hydrogen supply, and two national standards involving the company have already been officially released. Four integrated hydrogen‑refueling energy islands are operating smoothly, while 1,561 hydrogen‑powered vehicles now in service meet both freight and passenger transport needs; among them, 900 hydrogen‑fuel‑cell heavy trucks can reach five prefecture‑level cities within the province and extend beyond to Yulin in Shaanxi and the port of Tianjin. These vehicles have collectively logged 60 million kilometers, reducing carbon emissions by more than 40,000 tons. Meanwhile, the Pengfei Zhichuang Automotive Manufacturing Industrial Park, featuring five production lines, has been completed. The hydrogen‑fuel‑cell heavy trucks independently developed and manufactured by Pengfei have earned strong market recognition and trust, establishing a zero‑carbon demonstration base that boasts the largest number of hydrogen‑powered vehicles, the longest operational mileage, the broadest range of application scenarios, and the most complete array of hydrogen‑energy industry components. At present, leveraging Xiaoyi in Lüliang, Shanxi as its strategic hub, Pengfei is charting a development blueprint to “connect a ten‑thousand‑kilometer hydrogen energy corridor, deploy one million hydrogen‑fuel‑cell heavy trucks, build a one‑million‑ton hydrogen supply base, establish a thousand integrated energy islands, and foster a hydrogen‑energy industrial cluster worth hundreds of billions.”
Rich yet mindful of our roots, ever striving for progress, Pengfei embraces a sense of social responsibility that requires no prompting, dedicating itself to the cultural, commercial, and tourism sectors. Guided by the vision of delivering a higher‑quality, more fulfilling way of life, it illuminates diverse lifestyle scenarios. In the cultural‑tourism segment, Pengfei has comprehensively planned the Xiangyu Ancient Fort Scenic Area and the Liu Family Residence Scenic Area in Qinsui County, Jin City, forging a new landscape for tourism in Qinsui. The company is also passionately developing the Xiaoyi Old Town project, a key cultural‑tourism initiative of the Xiaoyi government, which officially opened on October 1, 2025. Additionally, in collaboration with Xinhuanet, Xinhua News Agency’s Shanxi Branch, and Game Science, Pengfei has launched the world’s first offline experience store for “Black Myth: Wukong.” On the real estate front, Pengfei Group leverages high‑quality educational resources in Tianjin to develop premium residential communities such as Nankai Academy and Tianyi Ge in Hedong District. Meanwhile, it is building high‑standard residential complexes in central areas of cities including Lüliang, Jin City, Changzhi, and Yangquan in Shanxi, ensuring that those who support Pengfei’s mission enjoy a stronger sense of fulfillment and more sustainable happiness. In the hospitality sector, Pengfei is committed to establishing a brand of “regionally leading, top‑tier luxury hotels,” with a chain of properties spanning Tianjin’s Progress Plaza, Adora Hotels, Holiday Inn, Taiyuan’s Jinxī Garden Hotel in the ancient county town, Wuxiang Hotel, Pengfei State Guest Hotel, Pengfei Friendship Hotel, and Jinyuan International Hotel, among others. Upholding the principle of “virtue carries all things” has been both Pengfei’s past and its future. From cultural heritage to modern settings, from physical spaces to spiritual enrichment, Pengfei’s integrated cultural‑commercial‑tourism ecosystem is reshaping the industry across all dimensions, so that everyone who cares about Pengfei can experience the warmth and beauty of life.
After more than thirty years of steady progress through both challenges and opportunities, Pengfei Group has embarked on a transformative journey toward higher quality, greater sustainability, and enhanced safety. With the courage and sense of responsibility of a reformer, the company is firmly committed to a development path characterized by high-end innovation, differentiation, intensive resource utilization, circularity, environmental friendliness, and international cooperation—building competitive advantages and distinctive strengths. In doing so, it is accelerating China’s energy sector toward high‑quality growth and modernization, while forging ahead as a globally leading smart‑energy enterprise.