China's top coal producers are shifting their focus to power generation due to declining mining profits caused by falling fuel prices.

Companies like China Shenhua Energy Co. and China Coal Energy Co. are responding to a weakened market, with benchmark coal prices dropping by nearly 8% this year.

The mining sector is facing significant challenges, with industry-wide profits falling by 22%. This downturn is attributed to an oversupply of coal resulting from recent expansions in coal mining across the country.

As China prioritizes electrification in its low-carbon transition, coal companies are adjusting their strategies to align with the changing energy landscape.