Shenhua Group Corporation Ltd.

Updated: October 20, 2016 Source: sasac.gov.cn
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The Shenhua Group Corporation Ltd. was set up in October 1995. Being a coal-based large multinational energy company engaged in power generation, railway and port transportation, shipping, coal-to-liquid and coal chemicals with integrated production, transportation and sales operations, Shenhua is also known asthe largest and most modern coal enterprise in China and the largest coal supplier in the world.

Shenhua Group is mainly engaged in the operation and development of resources such as coal; investment and management in power generation, thermal power, port and railway transportation, shipping, coal-to-liquid and coal chemicals; planning, organization, coordination and management of subsidiary companies in production and operations.

Shenhua Group is ranked 196th among the 2015 global Fortune 500.Headquartered in Beijing, China Shenhua Energy Company Ltd. created by Shenhua Groupis listed in Hong Kong and Shanghai.

By the end of 2015, Shenhua Group had 21 wholly owned and holding subsidiaries, had invested in 54 coal mines and power plants and had a total installed electricity production capacity of 78.51 million kilowatts, it owned 2,155-km of self-operated railways, ports and coal docks with a total throughput of 270 million tons. The group also controls a shipping company with a fleet of 40 ships. The group’s total assets were worth RMB931.4 billion at the end of that year with a registered staff of 208,000.

In 2015, Shenhua Group worked as one and actively adapted to the new normal situation of China’s economy but narrowing its focus on clean energy development strategy and making remarkable achievements in production and operation. The group produced 401 million tons of coal, sold 485 million tons of coal, generated 317.1 kilowatt hours of electricity and transported 364 million tons of freight through its railways. The group also produced 8.07 million tons of major oil-based chemical products. It realized a port throughput of 176 million tons, cargo shipments totaling 67.87 million tons and generated revenues of RMB236.4 billion and total profits of RMB 31.8 billion. The economic contribution rate of the company has topped the coal industry in China for several years. The company is among the most profitable among enterprises of its kind in China while maintaining one of the safest work environments in the world.

Editor: Song Lifang