Guanghui Energy Co., Ltd. reports a **174% year-over-year net profit increase** in Q1–Q3 2026, fueled by rising prices in coal, coal chemicals, and natural gas. The company’s diversified energy portfolio—including coal and gas—delivers strong financial performance amid market conditions. Executives cite price-driven revenue growth as the primary driver of profitability.
Guanghui Energy is building two integrated storage and distribution bases in Xinjiang to address coal shipment delays caused by railway congestion. The move targets improving logistics efficiency for coal transport out of the region. The company aims to mitigate long-standing bottlenecks hindering supply chains.
Guanghui Energy secures approval to build a **200,000 cubic meter LNG storage tank** at **Nantong Port**, Jiangsu province. The project marks a significant expansion of liquefied natural gas infrastructure in China’s eastern coastal region. Approval was granted by the **Jiangsu Development and Reform Commission**, enabling construction to proceed.
Total supplies 0.7 million tonnes of LNG annually to Guanghui under a 10-year agreement. The deal formalizes a long-term sale and purchase arrangement between the French energy company and the Chinese independent firm. This contract supports Guanghui’s energy procurement strategy while expanding Total’s LNG market presence in Asia.