11 Followers HKEX:1088 - China Shenhua Energy Co Ltd China Shenhua Energy Co Ltd
Sector: Energy, Industry: Coal & Consumable Fuels
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HKD 14.86    -0.040 (-0.27%)
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3 Aug 2021


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General

CEO: Mr. Xiangxi Wang

IPO: 2005-06-15

Headquarters: HK

Employees: 76,182

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Description

With annual production of over 280 million metric tons and marketable coal reserves of 14.6 billion metric tons, China Shenhua is the largest coal producer in China. The company runs a balanced portfolio of assets compared with other coal producers, with integrated coal, coal-fired power generation, and coal transportation network that comprises railway, port and shipping businesses. As of 2020, the coal, power, and transportation segments accounted for 56%, 14%, and 28% of the company’s gross profit, respectively. Its 53%-owned Shuohuang Line is one of the most important coal rail-transport corridors, delivering coal from western China to the coast.