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According to a report from Sinochem New Network, on February 3, reporters learned at the fifth session of the third employee representative congress held by Shaanxi Coal and Chemical Industry Group, as well as at the meeting regarding plans for 2026, that the group achieved operating revenue of 501.1 billion yuan in 2025, with profits amounting to 35 billion yuan. “During the 14th Five-Year Plan period, the supply of high-quality products increased significantly, the industrial structure continued to improve, and technological innovation played a key role in driving development. The total revenue reached 2.4 trillion yuan, while profits amounted to 223.9 billion yuan – figures that represented 30% and 58% of the total revenues and profits of enterprises under Shaanxi Province’s jurisdiction respectively, thus enhancing the province’s reputation for high-quality development. Over the past 5 years, Shaanxi Coal Group has produced a total of 1.2 billion tons of coal and 94.9 million tons of chemical products, representing year-on-year increases of 50% and 15.4% respectively. Among them, coal production ranked 5th in the country, accounting for 32.1% of the province’s total output ； In the chemical industry sector, the share of production from modern coal chemical products such as polyolefins, ethylene glycol, carbon fibers, and coal-to-oil processes increased to 13.1%. Ethylene glycol features a production structure divided between the south and the north; with less than one-fourth of the country’s total production capacity, it accounts for over one-third of the total output and nearly two-thirds of the profits. Over the past 5 years, Shaanxi Coal Group has invested a total of 156 billion yuan, of which 28.1% was allocated to strategic emerging industries, thereby facilitating a significant transformation in the industrial structure. The first-phase project of Yulin Chemical’s 15 million tons per year demonstration project for clean and efficient conversion of coal based on different quality levels, Pujie New Energy’s 40,000 tons per year production facility for ultra-high molecular weight polyethylene, and Yulin Hengshen’s 20,000 tons per year production facility for high-performance carbon fibers (Phase I) have been completed and put into operation. The second phase of Yulin Chemical’s projects, as well as Pujie New Energy’s polyolefin elastomer (POR) production facility, are being advanced at a rapid pace. The installed capacity in the field of new energy has achieved a \"zero breakthrough\", reaching 2.15 million kilowatts. Focusing on extending, supplementing, and strengthening the industrial chain, we actively explore the implementation of projects in niche areas such as specialty polypropylene and polyoxymethylene. Over the past 5 years, Shaanxi Coal Group has invested a total of 30.59 billion yuan in research and development, overcoming more than 200 key core technologies, obtaining 6,871 patents, and establishing 3 **-level and 35 provincial and ministerial-level innovation platforms. A number of scientific research achievements have driven innovation in the industry; 34 intelligent mines and 5 smart mining areas have been established, with intelligent coal production accounting for 97% ； It became the first national demonstration mining area achieving \"zero emissions\" of gas, with the comprehensive utilization rate of gas increasing by 17.5 percentage points ； Carbon fiber products have passed military application tests; progress has been made in the hydrogenation of coal tar distillates to produce special oils for aerospace use. Polyolefin elastomers produced by the ethylene process were synthesized on a large scale for the first time in the world, and the world’s first pipeline for transporting ten million tons of coal slurry has reached full operational capacity. These “firsts” reflect Shaanxi Coal Group’s transformation and development, as well as its efforts to foster new forms of productive capacity – a process akin to emerging from a cocoon as a butterfly. Faced with challenges such as insufficient effective demand in the domestic market and overcapacity in certain product areas, especially the polarization in the chemical products market, Shaanxi Coal Group focuses on optimizing its existing production capacity to leverage its strengths. It emphasizes internal and external coordination, implementing a comprehensive strategy to enhance cooperation within the organization and reduce costs while improving efficiency. In particular, since the launch of these targeted initiatives, efforts have been made in concert to control costs and revitalize idle assets; as a result, the weighted average costs per ton of coal, per unit of electricity, and for key chemical products decreased by 10.8%, 8%, and 24.7%, respectively. Ten types of expenses dropped by 24.4%, resulting in total savings of 15.76 billion yuan, while the overall value of internal collaborations reached 158.1 billion yuan.