Perennial Energy Holdings Limited is an investment holding company engaged in the exploration and mining of coking coal in the People's Republic of China. It offers clean coal, middling coal, and sludge, as well as coalbed methane gas, and also operates a coal refinery. Its underground coal mines include Hongguo Coal Mine, Baogushan Coal Mine, and Xiejiahegou Coal Mine, located in Panzhou City, Guizhou Province. Incorporated in 2017 and headquartered in Liupanshui, China, the company operates as a subsidiary of Spring Snow Management, LTD.