Recently, Ningxia Baofeng Energy Group has pioneered a dual-driven approach—combining "fund investment" with "AI technology"—to spearhead a comprehensive transition from traditional coal-based chemical production toward a model centered on "green energy and digital intelligence." This initiative has successfully forged a new path for industrial transformation and upgrading, offering a replicable and scalable "Baofeng Model" for similar enterprises to follow. It also underscores the robust innovative vitality of businesses operating within the Ningdong Industrial Base. This strategic layout serves as a vivid embodiment of the development philosophy championed by Baofeng Energy Chairman Dang Yanbao: "empowerment through technology and innovation for a greener future."
Baofeng Energy focuses on two core objectives—green, low-carbon development and digital-intelligent efficiency—by pursuing targeted breakthroughs across multiple fronts. Regarding the transition to green energy, the company is replacing fossil-fuel-based feedstocks with green hydrogen. It is prioritizing the R&D and production of green methanol, green ammonia, and green olefins, thereby driving a low-carbon transformation of its production processes. In terms of digital and intelligent upgrades, the company employs AI-driven coal blending technology to effectively reduce production costs and enhance operational efficiency. Simultaneously, through an industrial acceleration fund, Baofeng Energy is fast-tracking the localization of green hydrogen equipment and accelerating technological iteration. This effort aims to drive down the cost of green hydrogen, facilitating its gradual, comprehensive replacement of "grey" hydrogen (hydrogen produced from fossil fuels). This initiative—replacing coal-based hydrogen and imported LNG with green hydrogen—not only alleviates energy supply pressures but also supports the Ningdong Base in achieving its "dual carbon" (carbon peaking and carbon neutrality) goals. It provides a practical, viable pathway for the green transformation of the traditional coal-chemical industry, serving as a compelling testament to how enterprises at the Ningdong Base are embracing innovation-led development.
Under the precise guidance and robust support of the "science-and-technology finance" service system established by the Ningdong Base Administrative Committee, the "Beijing Stock Exchange-Lingyue No. 2 Equity Fund"—spearheaded by Baofeng Energy—has successfully completed its business registration, with a total capital of 96.6 million RMB. The fund focuses strategically on three high-potential sectors: artificial intelligence, new energy, and high-end chemicals. Its core mission is to leverage AI technology to foster a deep integration between green hydrogen and the coal-chemical industry, driving a major industrial upgrade. By acting as a resource bridge, the fund enables the company to transcend the limitations of relying solely on internal R&D, seamlessly connecting external innovation vitality with internal industrial applications.
Looking ahead, Baofeng Energy will continue to advance its "Fund + AI" dual-engine strategy. By increasing investment in scientific and technological innovation and accelerating its green, low-carbon transition, the company aims to establish itself as a world-class green energy technology enterprise, making an even greater contribution to national energy security and high-quality economic and social development.
