Ningxia Baofeng Energy Group Co., Ltd. is a leading enterprise in green manufacturing of high-end chemical materials, listed on the main board of the A-share market (stock code: 600989). Staying true to the Party's leadership and committed to building the country through industry, the company actively responds to major national and regional strategic plans, upholds a green development philosophy of "resource conservation and environmental friendliness", and devotes itself to industries the country needs most. It works to develop new quality productive forces and to make a positive contribution to safeguarding national energy security and leading the industry's green transformation.

The company is dedicated to building a technology-driven, green and intelligent manufacturing enterprise defined by "technological innovation, technological leadership, industry leadership and world-class standards". Applying globally advanced processes, technologies and equipment, it produces polyolefins at scale by replacing petroleum with coal and fossil energy with new energy. At the Ningdong and Ordos national energy bases, it has built a modern coal chemical circular-economy industrial cluster that is the largest in China, the most complete in industrial chain and the most advanced in technology. With upstream and downstream links closely connected and mutually reinforcing, the cluster can produce more than 100 chemical products, achieving intensive resource use and clean, efficient utilization. Its capacity includes 300 million cubic meters of green hydrogen, 7 million tonnes of coke, 14 million tonnes of methanol, 6 million tonnes of polyolefins and 1.35 million tonnes of fine chemicals per year, substituting more than 30 million tonnes of oil imports and nearly 6 million tonnes of olefin product imports annually, and actively safeguarding national energy security.

Committed to self-reliance in science and technology, the company has joined forces with renowned academicians and expert teams, leading research and design institutes, and equipment manufacturers to tackle key problems. Through continuous technology iteration and equipment upgrading, it has achieved domestic substitution across its full range of processes and equipment, with 23 core technologies and items of equipment reaching internationally leading levels and multiple bottleneck issues resolved, driving China's modern coal chemical equipment from reliance on imports to independent leadership and supporting the building of a manufacturing powerhouse. Deeply integrating next-generation information technologies such as artificial intelligence, big data, the Internet of Things and cloud computing, the company has created a digital plant that is "fully sensing, fully connected, covering all scenarios and fully intelligent". Its self-developed industrial AI large model empowers every link of the business — industrial manufacturing, process R&D, equipment and energy management, safety and environmental protection, product development, cost and supply chain management — making it a benchmark for the deep integration of AI and industry.

Aligned with the "dual carbon" goals, the company has built a globally leading "wind-solar-storage" green hydrogen project and coupled green hydrogen with the modern coal chemical industry. Using new energy to replace fossil energy, it produces green methanol, green ammonia, green olefins and other green fuels and raw materials, replacing coal with hydrogen and cutting carbon at the source, and has explored a scientific pathway to carbon neutrality for the low-carbon transition of the energy and chemical industry.