Shandong Energy Group

Jinan-based energy and mining group; US$116.6bn revenue in 2025

Overview

Shandong Energy Group, based in Jinan and formerly known as Yankuang Group, is the only company in the Chinese top 25 that reported a net loss for 2025, of US$545.5m.[1] Fortune classifies it in mining and crude-oil production; its revenue fell 3.2% to US$116.6bn.[1]

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