Shanxi Tongbao Energy Co., Ltd.

Shanxi Tongbao Energy Co., Ltd. (通宝能源) is a Chinese company established on 29 September 1992 as a joint-stock enterprise jointly sponsored by nine units including the Xishan, Yangquan, Lu'an and Jincheng mining bureaus, China National Coal Industry Import & Export Corporation, Shanxi Unified Coal Distribution Company, Shanxi Coal Mining Machinery Plant, Taiyuan Coal Gasification Company and Shanxi Provincial Trust & Investment Company. It was one of Shanxi's first key standardized joint-stock pilot enterprises. The company states that it will focus on the energy industry, advocate clean development and pursue sustainable operation, aiming to become an integrated energy investor, operator and service provider. Its website lists power generation enterprises and power distribution enterprises, and its stock is quoted under code 600780.

Shanxi Tongbao Energy Co., Ltd. was established on 29 September 1992. It was newly formed as a joint-stock enterprise jointly sponsored by nine units: Xishan Mining Bureau, Yangquan Mining Bureau, Lu'an Mining Bureau, Jincheng Mining Bureau, China National Coal Industry Import & Export Corporation, Shanxi Unified Coal Distribution Company, Shanxi Coal Mining Machinery Plant, Taiyuan Coal Gasification Company and Shanxi Provincial Trust & Investment Company. It became one of Shanxi Province's first key standardized joint-stock pilot enterprises.

• 1992

  Shanxi Tongbao Energy Co., Ltd. was formally established on 29 September 1992 as a joint-stock enterprise jointly sponsored by nine units: Xishan Mining Bureau, Yangquan Mining Bureau, Lu'an Mining Bureau, Jincheng Mining Bureau, China National Coal Industry Import and Export Corporation, Shanxi Unified Coal Distribution Company, Shanxi Coal Mining Machinery Factory, Taiyuan Coal Gasification General Company and Shanxi Provincial Trust and Investment Company.

• 1992

  The company became one of Shanxi Province's first batch of key standardized joint-stock pilot enterprises.

Focus on the energy industry, advocating clean development and pursuing sustainable operation, aiming to become an integrated energy investor, operator and service provider.

• Coal-related business (implied by the mining bureaus and coal industry sponsors that founded the company)

  The company was founded by major coal mining bureaus and coal industry entities, indicating coal-related operations as a core business line.

• Energy business (implied by the company name 'Tongbao Energy')

  The company name indicates a focus on energy, though specific product lines are not detailed in the available evidence.

• 2022

  Retrospective Correction of Accounting Errors Draws SSE Warning; Stock Price Manipulated by Four Individuals

  In June 2022, Tongbao Energy changed its electricity sales revenue from the gross method to the net method and retrospectively corrected three 2021 periodic reports; the company and its then chief accountant received a regulatory warning from the Shanghai Stock Exchange. In September 2023, the Shenzhen Securities Regulatory Bureau penalized Li Guoyuan and three others for manipulating Tongbao Energy stock (total fines RMB 2.4 million). Regulatory warning.

  Source

Read more

1. 1山西通宝能源股份有限公司600780.com.cn
2. 2公司概况600780.com.cn
3. 3山西通宝能源股份有限公司600780.com.cn
4. 4Shanxi Tongbao Energywikidata.org
5. 5通宝能源zh.wikipedia.org
6. 6Retrospective Correction of Accounting Errors Draws SSE Warning; Stock Price Manipulated by Four Individualsvip.stock.finance.sina.com.cn
7. 7Retrospective Correction of Accounting Errors Draws SSE Warning; Stock Price Manipulated by Four Individualsm.ce.cn