Shanxi Blue Flame Holding Company Limited

Shanxi Blue Flame Holding Company Limited, listed on the Shenzhen Stock Exchange since 2000, is a prominent player in the mining sector, specifically focusing on petroleum and natural gas extraction. The company was established on December 22, 1998, and is primarily engaged in coal mine gas prevention and control, as well as the exploration, development, and utilization of coalbed methane (CBM). Its main product, coalbed methane, is a high-quality clean energy source primarily composed of methane, which is distributed to customers in Shanxi and surrounding areas through various methods, including pipeline transportation, compression, and liquefaction. The company has developed a comprehensive business chain that encompasses coalbed methane exploration, production, engineering design, gas well operation, and transportation, storage, and wholesale sales. It has established stable production bases in key regions and has implemented a technical system for surface extraction of coalbed methane, supported by independent intellectual property rights. Shanxi Blue Flame Holding is recognized as a key enterprise in the coalbed methane sector, contributing to greenhouse gas reduction and safety in coal mining while aligning with national goals for carbon peaking and carbon neutrality.

As a key enterprise in the development and utilization of coalbed methane throughout the country, the company has initially formed a relatively complete business chain ranging from coalbed methane exploration, production, engineering design, gas well operation, to coalbed methane transportation, storage and wholesale sales. A technical system for surface extraction of coalbed methane with independent intellectual property rights has been formed, and a new model for gas prevention and control in coal mines has been established, which integrates gas production and coal mining. It has undertaken 30 provincial and ministerial science and technology projects, including National Science and technology major projects, Shanxi Province Science and technology major projects. It has a number of internationally leading core technologies and 56 national patents. Through large-scale extraction and utilization of coalbed methane, the company can greatly reduce the release of gas in the mining process of coal mines, and can also develop and utilize the gas in the goaf and abandoned mine to reduce the destruction of ozone layer caused by gas release, which is conducive to greenhouse gas reduction and safety production of coal mine. Replacing high emission energy with low emission intensity energy is an effective way to achieve carbon neutrality. As unconventional natural gas, coalbed methane has lower carbon emission intensity than coal and oil. Large-scale extraction and utilization will play an important role in the process of China's energy structure adjustment and “Carbon peaking and carbon neutrality goals”.