The company is a wholly-owned subsidiary of Ningxia Baofeng Energy Group Co., Ltd., having been acquired by the Group in 2013. Located within the Ningdong Baofeng Circular Economy Industrial Park, its primary facility features a 200,000-ton-per-year methanol production unit utilizing coke oven gas; the company also produces industrial gases such as oxygen and nitrogen. The entire output of methanol is supplied internally as feedstock for the Group’s olefin production units, while the coke oven gas used as raw material is sourced from the Group’s coking plants.

Serving as a pivotal link in the “coke oven gas–methanol–olefin” value chain, the company converts by-product gases from the coking process into olefin feedstock. This reduces reliance on external methanol procurement and plays a key role in the Group’s circular economy model by enabling the efficient conversion of by-product resources and securing a competitive cost advantage.