(Hong Kong, May 3 2023) ? China Risun Group Limited (“Risun Group”
or the “Group”, stock code:1907) , a leading global integrated coke, coking
chemicals and refined chemicals producer and supplier and relevant operation
management services provider in China, announced today that coke oven no. 6 at
its Huhhot Production Base, a coking chemical and hydrogen production
comprehensive utilization project with annual output capacity reaching three
million tonnes (the “Base” or the “Project”), has begun operation.
Following the no. 3, 4 and 5 coke ovens, the latest coke oven is
the fourth completed and in operation on schedule, marking the Project’s
three-million-tonne coking facility going into full operation. The supporting
coke-oven-gas-based hydrogen production plant that can produce 300,000 tonnes
of synthetic ammonia a year will also be completed and in operation in the near
future, and the entire Project will close in on the finishing line.
Established in 2019, China Risun’s Huhhot Production Base was planned
heeding the situations of economic, social and industrial development of the Inner
Mongolia Autonomous Region and Huhhot City, and drawing on the Group's nine
core capabilities and nine major competitive edges built over the past more
than two decades, plus its patents and proprietary technologies. Addressed in
the Tuoqing Economic Development Zone in Inner Mongolia, the modern, smart circular
economic base, which covers coal chemical, new energy and new materials, carries the mission of bolstering the coking chemical
industrial chain in the region.
The Project has been named among key projects in
the work report of the Huhhot Municipal Government for three consecutive years.
It is crucial to promoting the quality transformation and development of the
coking industry and is also a major project in the modern industrial clusters to
be built in the Inner Mongolia Autonomous Region and Huhhot City. It entails four
6.78m tamping coke ovens, and a relevant supporting coke-oven-gas-based
hydrogen facility that can produce 300,000 tonnes of synthetic ammonia per
year, plus other provisions including China’s largest 2×260t/h coke dry
quenching ("CDQ") and 2×35MW power generation facilities.
The Project affords an annual output value as
high as RMB10 billion and offers more than 2,000 direct jobs, in turn creating more
than 10,000 employment opportunities in related industries. It employs the
world's most advanced tkIS-6.78-I (with a 65-hole coking chamber) tamping coke
oven designed by ThyssenKrupp AG from Germany, the EnviBAT single-hole coking
chamber pressure regulation system and Cokemaster automation system, enabling
it to achieve in-check but unmanned operations, as well as automated basement
inspections and automatic coke oven heating and temperature measurement. It was
built in accordance with Risun Group’s "integrated, scalable, intensive,
ecological and smart” standards for production bases, and adopts the
"unified planning and development, unified infrastructure, unified
operation and management, unified energy management, unified logistics and
transportation, unified safety and environmental protection and unified R&D
innovation" management mode. Equipped with “six centers”, it has a complete
industrial chain allowing it to put out more than 40 products. It has pipelines
of the different coking and chemical devices all connected, upstream and
downstream industrial chain all linked up, facilitating sharing of raw
materials, products, technologies and common supplies, as well as integrated
use of by-products/exhaust gas/waste water/waste residues/residual heat
/residual energy. It is an example of an industry-leading and technologically
advanced green, smart and highly efficient circular economy and city-friendly
project. In the core of the city clusters around Hohhot, Baotou, Erdos and
Yulin, overlooking the coal-based chemical base in Ordos on the riverside
across, the Base has dedicated railway and [dual-purpose wagon tippler for open
wagons and containers]. The additional exclusive coking railway line planned
for the Base has been included in the "14th Five-Year Plan" of the Autonomous
Region. When completed, it will markedly enhance the railway transportation and
logistics capacity of the production base. Moreover, the Project has outstanding advantages
in aspects including new energy, new materials, hydrogen energy guarantee and
industrial integration.
After establishing presence in Huhhot in August 2019, China Risun
has not only revitalized assets received and achieved the industry miracle of
"signing contracts, resuming production and making profit” all in the same
year, but also saw in September 2020 the Project starting operation amid adversities.
A strong foundation was laid for the Huhhot Production Base to grow and make breakthroughs
in annual output value. With an ever-strengthening foundation, the Group will
be the first enterprise making more than RMB10 billion in revenue in the
Tuoqing Economic Development Zone to help it realize the goal of developing
into an industrial park that worth more
than RMB100 billion. On February 8 this year, the Huhhot Municipal Committee of
the Communist Party of China and the People’s Government of Huhhot Municipality
named Risun China Gas Energy Limited a "Chain-leader Enterprises of
Huhhot’s Six Major Industrial Clusters". On February 11, Huhhot City and
China Risun reached new consensus on a conjoint project, creating a broader
layout and more favorable conditions for the Huhhot Production Base to develop
and China Risun to expand its businesses in Inner Mongolia.
Next, China Risun and the Huhhot Production Base will focus on
ensuring the latter quickly meet the three-million-tonne coke output and hydrogen
production efficiency targets, then seizing the opportunities arising from
Inner Mongolia developing into an important energy and strategic resource base
of the country. It will keep making deployment in Huhhot, consolidate its best
resources and give full play to its advantages ? industrial, technological and in
innovation ? to improve the operation and development of completed projects,
vigorously push to start construction of subsequent projects as soon as
possible. It will also continue to extend, supplement and strengthen its
industrial chain to buttress circular economy industry clusters, as well expand
effective industrial investment and enhance capacity. It will, as a leading
enterprise and chain-leader enterprise helping Huhhot City develop her "Six
Major Industrial Clusters", champion initiatives to draw more related
upstream and downstream industries to invest in Huhhot, thereby speed up the development
of modern chemical industry, scientific and technological R&D, and green
energy and new materials, and ultimately make greater contribution to the transformation
and upgrade and high-quality development of the economy in the region.
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