Xinhua Net: Shanxi Pengfei Group Explores a New Model of Joint Development Between Enterprises and Localities, Paving the Way for a New Paradigm of Win-Win Growth.

Promoting the construction of smart mines, deepening its commitment to education‑related public welfare, and establishing itself as a key platform for local employment—over recent years, Shanxi Pengfei Group has aligned its efforts with regional development plans and overarching strategic frameworks, adopting a multi‑pronged approach. The group has consistently invested in county‑level cultural and tourism initiatives, job creation and income growth for local residents, and rural revitalization, guided by the overarching principle of shared prosperity and mutually beneficial cooperation between the enterprise and the local community, thereby driving high‑quality economic and industrial development at the county level.

Smart mines are driving new economic growth at the county level.

Qinhe Energy Group Co., Ltd. is a regional subsidiary of Shanxi Pengfei Group, with core businesses spanning coal mining and sales, hospitality, property management, and other sectors. It is also a leading enterprise in Qinsui County, Jincheng City.
In alignment with Jincheng City’s overall plan for the cultural and tourism sector, Qinhe Energy Group Co., Ltd. is developing a 1,000-mu tourism resource complex centered on the “Liu Family Residence,” with a proposed investment of nearly RMB 4 billion. The company will undertake upgrades and renovations across four major categories of resources—“Taihang Honggu,” “Xiangyu Ancient Fort,” “Liu Family Residence,” and “Lishan Scenic Area”—to comprehensively drive integrated, county‑wide tourism development and establish a new regional tourism brand.

Exterior of Qinhe Energy

Over the past two years, coal development has faced certain constraints due to factors such as tight energy supply and demand. In this context, Shanxi Pengfei Group has consistently pursued a dual‑pronged approach, rigorously ensuring adequate safety investments and proactively providing electricity‑coal supply‑guarantee and winter heating‑supply services to relevant enterprises, thereby contributing Pengfei’s strength to national energy security.

Yangquan Regional Branch

Since its establishment, the Yangquan Regional Branch of Pengfei Group has taken the energy revolution as its guiding principle, driving the green, efficient, and intelligent, intensive development of coal mines. To date, it has completed and passed acceptance inspections for both an intelligent fully mechanized mining face and an intelligent tunneling face. The commissioning of these smart working faces is expected to transform coal production—shifting it from high‑risk operations to intrinsic safety, from a focus on sheer volume to quality and efficiency, from labor‑intensive practices to technology‑driven innovation, and from conventional extraction to intelligent mining. Shanxi Pengfei Group will further elevate its level of intelligent manufacturing, expand the scope of its applications, accelerate the digitalization of industries and the industrialization of digital technologies, and foster new models and business formats that seamlessly integrate the digital and physical economies, thereby providing more exemplary cases to support high‑quality economic development.

Focusing on talent to propel rural revitalization, taking new steps forward.

As technology advances, talent management must keep pace. For years, Shanxi Pengfei Group has been steadily strengthening reforms to build a robust workforce of industrial workers, comprehensively cultivating, attracting, and effectively utilizing talent. The group has also established a “Talent Development Hub,” serving as a guiding force and ensuring the successful nurturing of its talent pool.

Donation ceremony site

Among these efforts, Qinhe Energy Group Co., Ltd. has strived to create a new hallmark for public‑benefit initiatives, actively engaging in local social development and charitable causes, and supporting the growth of philanthropic programs to bolster social security. Over the years, the company has donated more than 700 million yuan to the region, funding post‑disaster reconstruction, infrastructure projects, education and culture, poverty alleviation, environmental protection, and other areas—consistently giving back to society through concrete actions, fulfilling its social responsibilities, and contributing to the local economy and social progress. Through public‑welfare scholarship programs, financial donations, and dedicated participation in charitable endeavors, Pengfei Group’s Yangquan regional branch has continuously supported educational assistance initiatives in Pingding County, donating over 600,000 yuan to date and helping advance the county’s educational development. In 2023, the Yangquan branch contributed more than 300,000 yuan to sponsor over 20 “Stars’ Brilliance” square‑culture events and the fourth Pingding County All‑People Singing Competition, lending Pengfei’s strength to the county’s cultural‑development agenda. Shanxi Pengfei Group will remain committed to building a robust talent‑development platform, working to foster an environment where everyone aspires to succeed, strives to excel, has the opportunity to thrive, and can fully realize their potential, thereby forging a new chapter in rural revitalization.

Optimizing the employment environment to help local residents secure stable income growth.

Enterprises are thriving, and the benefits for the community are tangible. In recent years, as society continues to evolve, major companies have increasingly stringent requirements for industrial workers, leaving farmers without specialized skills struggling to find employment. In response, Shanxi Pengfei Group has stepped up to fulfill its social responsibilities, proactively addressing the challenge of local farmers’ access to jobs. By providing training and education to farmers in the areas where the company operates, the group helps them acquire marketable skills and take on roles that best suit their abilities.

The “Integrated Energy Island” developed by Shanxi Majunyu Coal & Coking Co., Ltd. in the local area.

At present, Shanxi Majunyu Coking Co., Ltd., a subsidiary of Shanxi Pengfei Group, employs over 3,000 workers, many of whom are local migrant workers who have grown into skilled industrial laborers, thereby further boosting the economic development of Qinyuan County in Changzhi City, where the company is located. Building a key platform for county‑level employment has been a longstanding priority for Qinhe Energy Group Co., Ltd. Guided by a talent‑driven corporate strategy, the group has created job opportunities through multiple channels and actively recruited workers from both urban and rural areas. Today, the company has 7,543 employees on its payroll, with more than 95 percent hailing from the local community. According to statistics, in the first half of 2023, the average annual income of Qinhe Energy Group’s employees reached RMB 48,900, making the company an important local employment hub.

Staff members of Qinhe Energy Group Co., Ltd. are at work.

Shanxi Pengfei Group will continue to align with the economic and social development plans of the regions under its jurisdiction, strengthen research and strategic planning, leverage its industrial strengths and specialized expertise, increase capital investment, and accelerate the commissioning of projects, thereby harnessing the power of scientific and technological innovation to drive industrial transformation, economic growth, and urban development at the county level. (Source: Xinhua Net)