Xia Bin, Deputy General Manager of the Taiyuan Branch of China Minsheng Bank, and his delegation paid a visit to Pengfei for an inspection and research tour.

Release Date:

2020-04-09

On April 8, Zheng Peng, Chairman of the Board and President of Pengfei Group, met with Xia Bin, Deputy General Manager of the Taiyuan Branch of China Minsheng Bank, and his delegation, and accompanied them on a visit to Pengfei’s 5-million-ton coking production base, its methanol‑co‑produced LNG plant, and the Pengfei Multimedia Exhibition Hall for an inspection and research tour.

With fluffy blossoms drifting in the bright spring sunshine, on April 8, Zheng Peng, Chairman of the Board and President of Pengfei Group, met with Xia Bin, Deputy General Manager of the Taiyuan Branch of China Minsheng Bank, and his delegation. He then accompanied them on a visit to Pengfei’s 5-million-ton coking production base, its methanol‑co‑produced LNG plant, and the Pengfei Multimedia Exhibition Hall for an inspection and research tour.

Along the way, admiring the spring scenery of Xiaoyi and the greenery of Pengfei, Xia Bin remarked that this marks a new era for the coking industry—a fresh, green, and clean image that has shed the traditional industrial stigma of being “dusty and grimy.” He added that a clear, forward-looking development plan has laid the groundwork for Pengfei’s future growth, emphasizing the need to target efforts with precision, strengthen management, and reduce costs while boosting efficiency.

Chairman Zheng Peng stated that Pengfei is the only coking enterprise in Shanxi Province to have been recognized as a Green Factory. Guided by the principle that anything you can smell is waste and anything you can see is a loss, the company recovers all usable resources throughout its production process, truly achieving complete resource utilization.

In recent years, as the market economy has continued to deepen and a multi-tiered financial market has taken shape, small and medium-sized enterprises (SMEs) have increasingly become key partners for major commercial banks. This research initiative not only aims to facilitate the effective implementation of Shanxi Province’s support policies for SMEs during the pandemic, but also represents a sincere exchange between the two parties—seeking new avenues for value creation and pursuing mutually beneficial, win-win cooperation.