| Oil, Gas & Consumable Fuels Industry | Energy Sector | - CEO | HKEX Exchange | KYG4064U1013 ISIN |
| Hong Kong Country | 454 Employees | - Last Dividend | 21 Oct 2014 Last Split | - IPO Date |
Grand Ocean Advanced Resources Company Limited stands as a pivotal player in the coal industry of Inner Mongolia, the People's Republic of China. Initially established in 2000 and known as DeTeam Company Limited, the entity rebranded to its current name in June 2015, marking a new phase in its development. With its headquarters based in Hong Kong, it operates primarily as an investment holding company, intertwining its business operations within the domain of coal mining. This strategic position allows Grand Ocean Advanced Resources Company Limited to delve into the production and sales of coal, alongside providing specialized management services to its clientele. The transformation from DeTeam Company Limited to Grand Ocean Advanced Resources Company Limited signifies not just a change in name, but a broader shift towards embracing advanced resources and technologies in the coal mining sector.
As the cornerstone of its operations, Grand Ocean dedicates significant efforts to the extraction and production of coal. This involves the deployment of state-of-the-art mining technologies and methodologies to ensure efficient and environmentally responsible extraction processes. The coal produced caters to a wide range of industries, underscoring its role as a key energy source in China's burgeoning economy.
The company not only focuses on the production of coal but also actively engages in its sale, supplying to both domestic and international markets. This includes a strategic approach to distribution, ensuring that coal reaches various industries that rely on this critical resource for energy production and manufacturing processes.
In addition to its core activities in coal mining, Grand Ocean Advanced Resources Company Limited offers a spectrum of management services. This encompasses operational management, strategic planning, and logistical support, tailored to meet the complex needs of the mining sector. These services are integral to maintaining efficiency, safety, and sustainability in operations, providing value beyond mere resource extraction.