Mission Statement, Vision, & Core Values (2026) of Shougang Fushan Resources Group Limited.

Discover how Hong Kong-listed Shougang Fushan Resources Group Limited (0639.HK) anchors its corporate identity in a clear mission to supply quality coking coal while safeguarding employees and maximizing partner and shareholder value, operating three coking coal mines in Liulin County, Shanxi with a combined annual capacity of 5.25 million tons; as a subsidiary of Shougang Holding (Hong Kong) it supplies major steelmakers such as Hebei Iron and Steel Group, Shougang Group and Taiyuan Iron & Steel (Group) and in 2024 was honored as a "Shanxi Province Model Collective" for safety production-evidence of its stringent safety and employee-rights focus-while pledging to advance green, low-carbon transformation aligned with national "Dual Carbon" goals through stronger ESG practices, resource-efficiency measures and technological innovation to build a modern, socially responsible mining enterprise that actively contributes to local economic and ecological governance

Shougang Fushan Resources Group Limited (0639.HK) - Intro

• Primary business: exploration, mining, processing and sale of coking coal and related products;
• Operational footprint: three mines in Liulin County, Shanxi Province - combined capacity 5.25 million tonnes/year;
• Key customers: Hebei Iron and Steel Group Co., Ltd., Shougang Group, Taiyuan Iron & Steel (Group) Co., Ltd.;
• Parent: Shougang Holding (Hong Kong) - strategic focus on resources and infrastructure;
• Recognition: 2024 Shanxi Provincial Government awards for safety (e.g., 'Shanxi Province Model Collective');
• Sustainability: active initiatives in green and low‑carbon mining transformation and safety management.

• Mission: Ensure stable supply of high‑quality coking coal to support China's steel industry while upholding rigorous safety, environmental and community standards.
• Vision: To be a leading, responsible metallurgical coal supplier advancing sustainable mining practices and low‑carbon transformation across Shanxi and beyond.
• Core values:
  • Safety first - continuous improvement in production safety and risk control;
  • Operational excellence - efficient, high‑quality mining and processing;
  • Environmental responsibility - carbon reduction, reclamation and emissions management;
  • Customer partnership - long‑term, stable supply relationships with major steelmakers;
  • Integrity and compliance - transparency, regulatory adherence and community engagement.

Shougang Fushan Resources Group Limited (0639.HK) - Overview

• Provide clients with a reliable range of quality coking coal and related side products, targeting stable supply contracts and product specifications aligned with steelmaking needs.
• Establish and maintain a safe, healthy, and comfortable working environment for employees across mining, processing and support functions.
• Maximize mutual benefits for business partners through long-term supply agreements, logistics integration and joint operational improvements.
• Create satisfactory investment returns for shareholders by pursuing operational efficiency, cost control and disciplined capital allocation.
• Maintain a sustainable operational environment for society by reducing emissions, conserving resources and investing in community programs.
• Integrate sustainable development into daily operations via improved resource efficiency, pollutant-emission reductions and strengthened safety measures.

• Quality and Reliability - consistent product specifications, on-time delivery and customer service oriented supply chains.
• Safety First - embed safety culture through training, hazard reduction, and measurable KPI-driven safety programs.
• Mutual Benefit - foster long-term partnerships with steelmakers, traders and logistics providers to share efficiencies and risk.
• Shareholder Value - disciplined capital allocation, cost control and operational excellence to drive returns.
• Sustainability - lifecycle resource stewardship, emissions reduction, reclamation and community engagement.
• Compliance and Integrity - transparent governance, regulatory compliance and anti-corruption measures in all jurisdictions.

• Contracting: secure multi-year offtake agreements to stabilize revenue and ensure consistent quality specifications for clients.
• Safety governance: implement leading indicators and technology (real-time monitoring, remote operations) to reduce incident rates.
• Environmental measures: invest in dust suppression, wastewater treatment upgrades and energy-efficiency retrofits to meet emissions targets.
• Operational efficiency: adopt process optimization, yield improvements and logistics integration to reduce unit costs.
• Stakeholder engagement: structured community programs and reporting to track progress on social and environmental commitments.

Shougang Fushan Resources Group Limited (0639.HK) - Mission Statement

• Deliver stable, high-quality coking coal supply to domestic steelmakers while optimizing product mix and logistics efficiency.
• Advance green transformation in line with China's Dual Carbon goals (carbon peaking by 2030, carbon neutrality by 2060).
• Ensure zero-tolerance safety culture and continuous improvements in occupational health and environmental performance.
• Create long-term value for shareholders through disciplined capital allocation, operational efficiency and selective growth investments.
• Contribute to local communities via employment, regional development and targeted social programs.

• Strategic positioning: evolve from a coal producer to an integrated resource partner for the steel industry, optimizing upstream mining, midstream logistics and downstream customer services.
• ESG leadership: strengthen environmental, social and governance systems to support high-quality growth and investor confidence.
• Technology & efficiency: scale automation, digital mine systems and energy-efficiency measures to improve safety and lower emissions intensity.
• Ecological governance: implement progressive land rehabilitation, water management and emissions control to reduce local environmental footprint.
• Shared prosperity: support regional employment, skills training and community well-being through targeted initiatives and local procurement.

• Intensify mine digitalization and mechanization to lift productivity and reduce safety incidents.
• Accelerate energy-saving retrofits at major sites and integrate renewable power purchases where feasible.
• Enhance environmental monitoring, waste management and land reclamation programs to meet increasingly stringent regulatory standards.
• Strengthen corporate governance: transparent disclosures, board oversight on ESG, and stakeholder engagement.

Shougang Fushan Resources Group Limited (0639.HK) - Vision Statement

• Employee-first orientation: protecting legitimate rights and interests of employees through welfare, training, and workplace protections.
• Zero-tolerance safety culture: implementing a comprehensive safety responsibility system, continuous improvement of safety standards and monitoring.
• Environmental stewardship: executing an Environmental Management System for planning, prevention and remediation of environmental impacts.
• Resource efficiency: optimizing energy and water consumption via conservation measures and deployment of efficiency technologies.
• Social responsibility: engaging in charity, local infrastructure support and targeted economic development measures.
• Community harmony: fostering constructive relations with local stakeholders and ensuring transparent, recurrent community engagement.

• Embed employee protection into KPIs: link compensation, training and promotion metrics to retention, safety performance and grievance resolution times.
• Operationalize safety through layered controls: combine real-time monitoring, formal safety audits and legacy-asset upgrades to reduce incident frequency.
• Measure environmental outcomes: implement measurable targets (e.g., emissions intensity, wastewater reuse rates, land rehabilitation hectares) and report progress in annual disclosures.
• Drive resource efficiency investments: quantify ROI on energy- and water-saving retrofits; prioritize projects with short payback and measurable conservation impact.
• Scale social investment: align charitable spend with local economic multipliers (education scholarships, small-business grants, health clinics) and measure community satisfaction metrics.
• Public transparency: publish periodic, verifiable performance metrics to build stakeholder trust and strengthen license to operate.

• Safety & training: mandatory annual safety certification, simulator training for high-risk roles, and KPI-linked contractor safety oversight.
• Environmental actions: progressive mine reclamation plans, wastewater recycling pilots, and phased dust-control systems at handling sites.
• Resource optimization: deployment of variable-frequency drives on key fans and pumps; metering and sub-metering to track electricity and water use.
• Community engagement: scholarship schemes, rural clinic sponsorships, and periodic public forums to discuss mine plans and rehabilitation progress.