On April 14, 2025, the China Coking Coal and Coke Brand Cluster held a joint Chairman and Vice Chairman Unit meeting at Risun Group headquarters, Risun Tower. The meeting reviewed and approved the Cluster Charter, Cluster Management Measures, and the candidate list for the specialized committees. It also explored market strategies, fostering consensus on advancing high-quality development within the coking industry.
Focusing on Fundamentals and Defining Core Strategies
The representatives unanimously acknowledged that the coking industry is facing increasing market volatility and low industry concentration, requiring a collaborative brand cluster mechanism to establish unified rules, optimize market strategies, and enhance overall industry competitiveness.
The meeting pointed out that the industry's concentration rate is only 12.8%, significantly lower than that of steel and coal industries, and the formation of the cluster aims to break this bottleneck.
It emphasized the gradual implementation of the cluster's management measures, ensuring a step-by-step approach from simple to complex policies while maintaining key advantages such as prepaid sales and laboratory testing rights to safeguard cash flow and profit stability during industry downturns.
Strengthening Consensus and Clarifying Action Plans
Through extensive discussions, the meeting reached several key agreements:
Building Specialized Committees: Optimizing market, technical, and supervision committee candidates, balancing representation from Northern and Southern enterprises, and prioritizing technically strong and industry-influential companies for leadership roles.
Gradual Development Approach: Initially adopting a small but high-quality membership structure, gradually expanding impact through benchmarking exchanges and small-scale observations to enhance the cluster’s collective capabilities.
Standardizing Rules: Recommending harmonization between Northern and Southern markets regarding coke pricing mechanisms and trading rules, finding common ground to strengthen the industry's competitive position.
Moving Forward Together for Mutual Success
Building on the Cluster Charter and Management Measures, the meeting further focused on fully utilizing the brand cluster's advantages to:
Increase industry concentration, enhance self-regulation, and improve operational management.
Strengthen the China coking industry's brand influence, expanding its presence within the black industry chain to boost market authority.
Make active contributions to China’s modernization efforts through industry-driven initiatives.
The meeting reached a consensus on the following key action points:
Chairman and Vice Chairman units will lead by example, strictly following the cluster’s regulations and driving regional enterprises to maintain industry health.
Preserving and reinforcing existing market positioning and competitive advantages.
Cluster members will actively benchmark with one another, engage in knowledge-sharing, and mutually improve capabilities.
Jointly advancing the high-quality development of cluster members, facilitating industry consolidation and strengthening.
The meeting emphasized that a thriving industry ensures strong enterprises. The China Coking Coal and Coke Brand Cluster remains committed to industry-wide progress and mutual success, with this meeting marking a solid step toward standardization and collaborative operations. Looking ahead, the cluster will deepen cooperation, ensuring a healthy industry ecosystem, and striving for a stronger, more proactive, and competitive presence in the global market.
Participants in the meeting included Risun Group Vice President and Chairman of Dingzhou Industrial Park, Wang Yingqi; Risun Group Director and General Manager of Risun Marketing Co., Ltd., Chen Zhisheng; Risun Group Market Management Department General Manager, Wang Hanshuang; Risun Marketing Co., Ltd. Deputy General Manager and General Manager of the Coke Division, Lu Libin; Shanxi Coking Coal Group Party Committee Member and Vice General Manager, Hu Wenqiang; Jinding Steel Coking Co., Ltd. President, Sun Shuquan; Pingmei Shenma Group Coking Sales Co., Ltd. Chairman, Li Jiang; Linhuan Coking Co., Ltd. Party Deputy Secretary and General Manager, Guo Ping; Shanxi Meijin Group Sales Department Director, Li You; and Shaanxi Black Cat Coking Co., Ltd. Assistant General Manager, Li Kang.
