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Baofeng Energy: A Leading Enterprise in the High-End Coal-Based New Materials Industry Chain

Mar 6, 2025

As the primary energy source in China, coal has not only robustly supported the rapid development of the national economy and society but also served as the "ballast stone" for China's energy security.

Ningxia Baofeng Energy Group Co., Ltd. is a leading enterprise in the high-end coal-based new materials industry chain and the world's largest modern industrial group for coal-to-olefins. The company is committed to contributing to the nation through industrial development, dedicating itself to industries most needed by the country. Upholding the green development philosophy of "resource conservation and environmental friendliness," Baofeng Energy leverages technological innovation to deeply promote the clean and efficient utilization of coal with a full industry chain mindset. It has set a benchmark for green and low-carbon development in the industry, making significant contributions to advancing new industrialization processes and ensuring national energy security.

Baofeng Energy is dedicated to building a technologically advanced, green, and intelligent manufacturing enterprise that is "innovative, technologically leading, industry-leading, and world-class." By widely adopting the most advanced global processes, technologies, and equipment, the company has established operations in the Ningdong National Energy Base in Ningxia and the Ordos National Energy Base in Inner Mongolia. Here, it replaces petroleum with coal and fossil fuels with new energy sources to produce hundreds of high-end chemical products essential for national economic development, achieving import substitution. The company focuses on the development of a circular economy, continuously extending, supplementing, and strengthening its industrial chain. It has built a coal-based new materials circular economy industrial cluster integrating "coal, coke, gas, methanol, olefins, polyethylene, polypropylene, fine chemicals, and new energy." The upstream and downstream sectors of the industrial chain are closely linked and mutually reinforcing. The high-end products produced, such as methanol, polyolefins, EVA, vinyl acetate, styrene, and needle coke, are of high quality, comprehensive in variety, and widely applicable, earning strong market favor.

Moreover, Baofeng Energy has fully integrated artificial intelligence, big data, 5G, cloud computing, and the Internet of Things (IoT). Notably, it has successfully deployed mainstream large models like DeepSeek-R and LLaMa onto its self-developed AI-enabled platform, creating a modern, intelligent, and digital factory. The company's industrial layout, production capacity, process technology, equipment level, energy consumption, operational efficiency, and intelligent manufacturing all lead the industry.

Baofeng Energy innovatively develops strategic emerging industries, deeply applying green technologies, green raw materials, and green products. By utilizing "wind-solar integration" to generate "green electricity" for producing green hydrogen, the company uses green hydrogen to manufacture green methanol, green ammonia, and green olefins. Through the coupled and synergistic innovation development model of "green hydrogen + modern coal chemical industry," Baofeng Energy continuously stimulates and releases new productive forces, achieving green substitution at the source. It serves as a demonstration for driving green and low-carbon development across multiple industries and is the world's only green chemical enterprise that uses green hydrogen to replace fossil energy for large-scale production.

The company is committed to promoting the upgrading and high-end advancement of domestic equipment, technology, and processes in the modern coal chemical industry. The 3-million-ton coal-to-olefins project in Inner Mongolia Baofeng has achieved complete import substitution for its equipment, with all devices independently produced and manufactured in China. Among them, 23 key core pieces of equipment have reached international top-tier levels, making a significant contribution to the high-quality development of China's equipment manufacturing industry. Through a series of technological innovations and breakthroughs, Baofeng Energy supports the construction of a "manufacturing powerhouse," showcasing the progress and achievements of transforming "Made in China" into "Created in China."

A new era opens a new journey, and a new era calls for new actions! As a striver and dream-chaser in the new era, Baofeng Energy earnestly practices the great call of "Socialism is built through hard work." By deeply cultivating industries most needed by the nation and driving development through innovation to strengthen new productive forces, the company continuously advances the high-end, intelligent, and green development of the modern coal chemical industry. Baofeng Energy is dedicated to leading the industry's green and high-quality development and ensuring national energy security.


Chemical raw material
Polypropylene (PP)
Polyethylene (PE)
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