Recently, Beijing Exploration Resources Technology Co., Ltd. (“Beijing Exploration Company”), a subsidiary of Shandong Energy Group South America Company Limited, secured the approval to publicly list its shares on National Equities Exchanges and Quotations, which signified that Beijing Exploration Company formally secured its place in the Capital Market.
By far, Shandong Energy Group boasts a total of 12 domestically and internationally listed companies.
Back in 2009, inspired by the development mode of “Shenzhen Special Economic Zone”, we brought in a talent team with masters’ degrees from China University of Mining and Technology headed by Zhang Xin, and established the first Resources Exploration Research Institute among all Chinese coal industrial peers. In 2017, this Resources Exploration Research Institute was selected as the one of the first batch of pilot institutes under Shandong Provincial SASAC for mixed-ownership reform, and was renamed as Beijing Exploration Resources Technology Co., Ltd. and incorporated in Beijing. In 2023, Beijing Exploration Company was changed into a public limited company with the listing consent from NEEQ.
It is known that Beijing Exploration Company, with a total of over 70 professional technicians, has obtained more than 30 patents successively, and won over 30 awards at national, provincial and ministerial levels. Beijing Exploration Company has independently developed the lightweight and long-distance transient electromagnetic instrument YCS800, which serves as the domestic substitute for imported ones. By far, Beijing Exploration Company has been recognized as both the national and Z-park high and innovative technology enterprise, and also rated as the Beijing Innovative, Technological and Specialized and Sophisticated SMEs, and Beijing "gazelle enterprise" and so on.
Looking forward, Beijing Exploration Company will proactively apply for the accreditation as the National Level “Little Giant” Enterprise, and strive to become the first “Resources Exploration Tech Company” listed in Beijing Stock Exchange, and facilitate Shandong Energy Group in elevating the asset securitization rate and forging the “6+1+5” listing pattern.