Recreating a New Pengfei || Pengfei Group and Jindi Coal & Coking Sign a Successful Strategic Cooperation Agreement

On November 25, Pengfei Group and Shanxi Jindi Coal & Coking Co., Ltd. held a strategic cooperation signing ceremony and a resumption-of-work event for their coking project at the Wenshui County Economic Development Zone. Attending the event and taking their seats on the rostrum were Wang Feng, Deputy Secretary of the Wenshui County Party Committee and Acting County Mayor; Liu Dapeng, Deputy Secretary of the County Party Committee; Yan Qiming, Chairman of the County Political Consultative Conference; Fan Fabin, Member of the Standing Committee of the County Party Committee and Vice County Mayor; Zhao Zhichang, Vice County Mayor; Zheng Peng, Chairman of Pengfei Group; Zhang Li, Chairman of Jindi Coal & Coking Co., Ltd.; and Hu Jinhui, Vice Chairman of the company.

In his address, Hu Jinhui stated that the strategic cooperation signing ceremony between Pengfei and Jindi, jointly coordinated and hosted by the Wenshui County Party Committee and County Government, along with the resumption of work on the coking project, marks a milestone and a turning point in Jindi’s development. It represents a new starting point for Pengfei’s renewed ascent and a significant initiative and fresh highlight for Wenshui in improving its business environment and driving regional economic growth. The implementation of this project will establish a circular‑economy model characterized by energy conservation, reduced consumption, comprehensive resource utilization, complementary strengths, and interconnected production processes, enabling the shared use of natural, human, technological, and market resources, and making a new contribution to Wenshui’s economic takeoff.

Chairman Zheng Peng, on behalf of the Lüliang Private Entrepreneurs Federation, the Lüliang Coking Industry Association, and Pengfei Group, extended a warm welcome and heartfelt gratitude to all leaders and distinguished guests for witnessing the joint endeavor to advance the integrated development of diverse economic sectors and to embark on a new journey of sincere cooperation, mutual benefit, and shared success. He also outlined Pengfei’s development trajectory, its current scale and operations, its guiding principles, and its industrial footprint both within and beyond the province. Furthermore, he shared the numerous national, provincial, and municipal honors that Pengfei has earned, as well as the pride of having entered the ranks of China’s Top 500 Private Enterprises.

It is believed that today’s project initiative represents the tangible results of the Wenshui County Party Committee and County Government in delivering on their commitments, achieving concrete outcomes, and undertaking ambitious undertakings. It serves as a true reflection of the Party Committee and Government’s commitment to “remain true to our original aspiration and keep our mission firmly in mind” during the thematic education campaign, embodying the spirit of “studying and applying new thinking to make contributions in the new era.” Moreover, it fully demonstrates the resolve of the Wenshui County Party Committee and County Government to respond to the Fourth Plenary Session of the 19th CPC Central Committee, to improve the socialist market economy, to refine the systems and mechanisms for scientific and technological innovation, and to build a higher‑level, open economic system.

Pengfei will adhere to world-class standards in both planning and construction, ensuring that the project is commissioned on schedule with the highest quality. We will work in unity—sharing a common vision and moving forward together—to see this collaboration yield early and tangible results, thereby making our due contribution to the development of a beautiful and prosperous Wenshui.

In his address, Wang Feng stated that the strategic cooperation between Pengfei and Gemdale represents a major and welcome development in Wenshui’s economic and social progress. It is a concrete step taken by the Wenshui County Party Committee and County Government to earnestly carry out the thematic education campaign on staying true to our original aspiration and keeping our mission firmly in mind, and to effectively deliver the “three services.” This partnership marks a significant breakthrough in accelerating Wenshui’s development, strengthening investment promotion, and advancing the construction of transformation‑oriented projects. It also provides crucial support for Wenshui to implement the spirit of the province‑wide conference on high‑quality industrial development and to build a new‑type industrial development zone. As such, it will undoubtedly inject fresh, robust momentum into Wenshui’s economic and social growth, expedite the establishment of a high‑end coking‑chemical industrial park within the Wenshui Economic Development Zone, set another benchmark for the county’s new‑type industrial development, and help propel Wenshui’s emerging industries onto a path of high‑quality growth, driving the county’s economy toward exponential expansion and leapfrog development.

Wang Feng stated that supporting the development of enterprises is our inescapable responsibility. The County Party Committee and the County Government will steadfastly uphold the principles of “openness and inclusiveness, magnanimity and generosity, integrity and righteousness, and a business‑friendly, secure environment,” further fostering a new type of government‑business relationship. They will provide the most favorable policies, the best possible environment, and the highest‑quality services to ensure that signed projects commence construction at an early date and achieve production and full operational efficiency as soon as possible. At the same time, he urged all levels and departments in Wenshui County—particularly the Management Committee of the Economic Development Zone—to elevate their political awareness, cultivate a sense of the bigger picture, proactively fulfill their duties, and deliver comprehensive support and safeguards. They should do everything within their power to help enterprises overcome practical difficulties, remove any obstacles they encounter in lawful operations, and resolutely ensure their sound and sustainable development.

Subsequently, Fan Fabin, Zheng Peng, and Zhang Li signed a strategic cooperation agreement. The ceremony concluded successfully in an enthusiastic atmosphere, marking the official resumption of the coking project and signaling Pengfei’s formal entry into the Wenshui County Economic Development Zone, thus ushering in a new era of high‑quality, green, and innovative coking development in Wenshui.