Shanxi enterprises rank top 50 in coal machinery industry
Updated: 2025-07-03
Seven Shanxi-based companies have been included in the list of the Top 50 Coal Machinery Industry Enterprises in China for 2024, underscoring the robust development momentum and market competitiveness of Shanxi's coal machinery enterprises.
Jinneng Holding Equipment Manufacturing Group secured the fourth spot, standing out as the largest and most powerful coal equipment manufacturing group in Shanxi, and being the only Shanxi-based company on the list with sales surpassing 10 billion yuan ($1.4 billion).
Taizhong Coal Machinery Co ranked 19th with a revenue of 2.81 billion yuan, showcasing profound expertise in coal mining equipment manufacturing. Its leading product, a coal mining machine, has achieved multiple national firsts, positioning it as a technological frontrunner.
Shanxi Coal Mining Machinery Manufacturing Co focuses on the R&D and manufacturing of coal mining comprehensive excavation and conveying equipment. With leading products, such as a scraper conveyor and belt conveyor, it secured the 35th spot with revenue of 1.29 billion yuan.
Shanxi Pingyang Coal Machinery Equipment Co claimed the 37th spot and is recognized as a national-level specialized and innovative "little giant" enterprise. Primarily engaged in hydraulic support production, overhauls, and parts manufacturing, its product quality and technical services have earned market acclaim.
The inclusion of these companies in the list not only showcases their efforts in technical innovation, market expansion, and management enhancement but also underscores the significant position and development potential of Shanxi's coal machinery industry on a national scale.