Lu'an Chemical Group is a key state-owned enterprise for coal-chemical integration established by the Shanxi Provincial Party Committee and the Provincial Government to promote the professional strategic restructuring. In July 2020, Lu'an Chemical Group was established with a registered capital of 20 billion yuan and was officially listed on November 26, 2020.

At present, the group has 181 subsidiaries at all levels, including two listed companies: Lu'an Environmental Energy and Yangmei Chemical, with 120,000 registered employees, with 6 national innovation platforms, 13 national high-tech enterprises, and 15 provincial-level Science and technology innovation institution. Lu'an Environmental Energy was selected to create a world-class industry-leading demonstration enterprise and was rated as a specialized and new demonstration enterprise of the State-owned Assets Supervision and Administration Commission of the State Council. Lu'an Chemical Machinery has been selected as a national service-oriented manufacturing demonstration enterprise and a national green factory. The province's largest underground diameter shield machine "Lu Dun 1" has been put into use, and Taihang Lubricant has achieved the first application of one million kilowatt steam turbine units. The group has achieved coal production exceeding 100 million tons and total profit exceeding 10 billion yuan for two consecutive years.

During the 14th Five-Year Plan, Lu'an Chemical Group is based on serving the national strategy and the overall transformation of Shanxi, focusing on high-quality development goals and tasks, bravely shouldering the "three missions" of energy revolution, clean and efficient use of coal, and transforming and development, and insisting on the "three major missions" of energy revolution, clean and efficient use of coal, and bridging a new path, and adhering to the "three major missions" of energy revolution, clean and efficient use of coal, and bridging a new path of transformation and development. The core values ​​of "value makes you and me" will be systematically implemented in a "account-keeping" culture guided by lean ideas, build a modern industrial system of "strengthening coal and optimizing new development", and accelerate the construction of a first-class energy and chemical enterprise group with high-quality development.