Incorporated on November 8, 2004, China Shenhua Energy Company Limited (“China Shenhua” for short), a subsidiary of China Energy Investment Corporation (“CHN Energy” for short), was dual-listed in the Hong Kong Stock Exchange and Shanghai Stock Exchange (SSE) after initial public offering (IPO) on June 15, 2005 and October 9, 2007, respectively. The Company has maintained a Grade A rating in SSE’s information disclosure evaluation for 11 consecutive years. As of the end of 2024, China Shenhua had total assets of 658.1 billion Yuan, the total market value of 822.1 billion Yuan with 83,000 employees.
China Shenhua is a globally-leading coal-based integrated energy listed company, mainly engaging in six business segments, namely coal, electricity, coal chemical, railway, port handling and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants and coal chemical facilities to achieve cross-sector and cross-industry integrated development and operation. The Company was included in China ESG Listed Companies Pioneer 100 (2024) list, Forbes 2024 China ESG 50 list, Top 100 Most Valuable Listed Companies in SSE Mainboard and other lists, and won several honors such as the Best Investment Value Award of the Golden Bull Awards and the title of China Ethical Enterprise. China Shenhua, with a brand value of 224.6 billion Yuan, ranked the first among all listed energy companies in the China Brand Value Evaluation Information List on second occasion.
Coal: China Shenhua has an approved production capacity of 350 million tonnes, and has built the 10-million-tonne coal mine cluster and China’s first 200-million-tonne coal production base. The Company has reached a world-leading level in production, technology, quality, energy consumption and environmental protection. China Shenhua is actively building example smart mines and promoting the R&D of core technologies such as the intelligent integrated application platform, and has built 24 smart mines at or above the provincial level. China Shenhua owns 21 green mines at or above the provincial level, and has been conferred the title of Excellent Coal Producer in Energy Conservation and Emission Reduction by China National Coal Association for consecutive years.
Electricity: China Shenhua owns power plants with a total installed capacity of 46.26 GW, of which 43.18 GW are coal-fired, 2.19 GW are gas-fired, 125 MW are hydraulic and 761 MW are of the new energy. The Company successfully developed China’s first unattended operation system for coal-fired generating units. The 630 MW ammonia co-firing coal-fired power generation technology was selected into Top Ten Sci-tech Innovations of China Energy Industry in 2024. To accelerate the new energy development, the Company has invested 6 billion Yuan to co-establish Guoneng New Energy Industrial Investment Fund and Guoneng Green and Low-carbon Development Investment Fund, which will spur the launch of wind and PV power projects with a total capacity of nearly 10 GW. China Shenhua has been proactively and prudently promoting overseas business, and its low-emission coal-fired power projects in Indonesia have become a model and benchmark among Chinese companies seeking to “go global.”
Coal Chemical: The Baotou CTO (coal-to-olefins) project is the world’s first coal-based MTO (methanol-to-olefins) demonstration project, with an annual production capacity of 600,000 tonnes. Its main products are polyethylene, polypropylene and some side products. China Shenhua has successfully developed the raw materials for medical and protective supplies, including S2040 polypropylene high-melting spinning resin which has passed the GB test, the EU RoHS test and the US Food and Drug Administration (FDA) test. In 2024, the Baotou CTO project was awarded the honorary title of National Green Plant in Petroleum and Chemical Industry.
Railway: China Shenhua’s 2,408-kilometer railway network accommodates over 800 locomotives and over 50,000 self-owned wagons, making the Company the second largest rail operator in China with an annual transportation capacity of 530 million tonnes. China Shenhua has launched the world’s first 25,000-tonne heavy-haul train equipped with LTE-based mobile telecommunication system, built China’s first intelligent dedicated maintenance line and successfully finished the commissioning of China’s first large-power hydrogen-driven shunting locomotive. China’s first new intelligent heavy-haul electric locomotives initiatively developed by the Company was recognised as the “2024 Top Ten National Grand Equipment of Central Enterprises”. Its smart “3+0” locomotives pulling the 10,000-tonne heavy-haul train made it the first one in China.
Port Handling: China Shenhua owns three coal ports (terminals), including Huanghua Port, Tianjin Coal Terminal and Zhuhai Gaolan Port, with a combined annual handling capacity of 270 million tonnes. Huanghua Port is an important hub port for China’s coal transportation from west to east and from north to south. Its coal loading volume has maintained the largest in China for six consecutive years, and its sophisticated technologies in dust-suppression and intelligent control of ship-loading are second to none in China. It has been awarded the title of five-star China Green Port, and won APSN Green Port Award and Chinese Environment Award.
Shipping: China Shenhua owns 40 cargo vessels, with a total deadweight capacity of 2.24 million tonnes and an annual shipping capacity of 54 million tonnes. All of its self-owned ships can connect to the shore power facilities. It operates shipping routes covering China’s major coastal and riverine ports including Huanghua Port, Tianjin Port and Qinhuangdao Port. China Shenhua is one of the largest shipping companies in China measured by fleet size and profitability.