CHINA COAL ENERGY(SH:601898) Zhong Guo Hua Gong Bao·2025-09-16 02:22Core Viewpoint - The National Energy Group's Yulin Circular Economy Coal Comprehensive Utilization Project has officially commenced, aiming to enhance national energy security and promote the development of strategic emerging industries [1] Project Overview - The project is part of China's "14th Five-Year Plan" and is one of 102 major projects, focusing on chemical and coal mining, as well as new energy [1] - It includes a total investment of approximately 79.8 billion yuan and covers an area of 559 hectares [1] Technological Innovations - The project will utilize advanced technologies such as coal direct liquefaction and co-processing of alcohols, integrating coal chemical and coal-to-oil processes [1] - It aims to achieve high-end, diversified, and low-carbon transformation of the Yulin coal chemical industry through deep processing of products and coupling with new energy [1] Infrastructure and Capacity - The project will construct 33 sets of process units and supporting public utility projects, including a coal mine with an annual capacity of 13 million tons, two 660 MW ultra-supercritical units, and a 3 million tons/year CCUS facility [1] - Additionally, it will include a 2,900 MW new energy project, with an expected completion and operational date set for 2028 [1]