• Thu
  • Nov 27, 2014
  • Updated: 11:49pm

China Shenhua Energy

China Shenhua Energy Co was incorporated in Beijing in 2004, and listed H shares in Hong Kong in June 2005, and A shares in Shanghai in 2007. China Shenhua’s main business includes production and sale of coal, railway and port transportation of coal-related materials, as well as power generation and sales. China Shenhua, with the largest coal reserves, is largest coal supplier and vendor in China. 

China Shenhua Energy to acquire plants from parent

China Shenhua Energy, the listed unit of the nation's largest coal producer Shenhua Group Corp, plans to acquire from its parent company 3,500 megawatts of "near-zero emission" coal-fired power plants as part of a five-year asset acquisition programme.

Tuesday, 26 August, 2014, 2:20pm

Shenhua slashes investment budget as net drops

China Shenhua Energy, the listed unit of the mainland's largest coal producer, Shenhua Group, has cut its capital investment budget by 19 per cent after posting a 21.6 per cent year-on-year drop in third-quarter net profit.

29 Oct 2013 - 4:50pm

China Shenhua Energy foresees tepid coal demand in second half

China Shenhua Energy, the mainland's largest coal producer, expects demand for the fossil fuel to remain lacklustre in the second half of the year and supply to fall.

24 Aug 2013 - 4:23am

China Shenhua Energy asks its coal mining units to cut production costs

China Shenhua Energy has asked its coal mining units to cut their production costs for each tonne of coal by 5 per cent, in the face of tough market conditions.

The listed unit of the nation's largest coal producer, Shenhua Group, has adopted a series of measures to reduce costs amid weak demand, said vice-president Zhai Guiwu.

17 Apr 2013 - 1:45am

Clive Palmer comes the iron man with Citic Pacific

Relations between the Australian mining billionaire Clive Palmer and the Hong Kong-listed but state-owned Citic Pacific are not getting any better. Their dispute centres on what can best be described as the "troubled" Sino Iron Ore project in Western Australia.

27 Mar 2013 - 4:32am 1 comment

China coal mine firms see sales in 2012 flat or falling

Mining majors China Shenhua Energy and Yanzhou Coal Mining are looking at flat or declining sales volumes this year, as falling coal prices see them cut procurement from third parties to make room for sales from their own mines.

26 Mar 2013 - 3:18am

China may scrap government-set coal contracts, paper says

China may reduce the government’s role in the thermal coal market by canceling state-directed term contracts signed annually between producers and buyers, Shanghai Securities News said today.

26 Nov 2012 - 11:48am

Higher costs erode China Shenhua Energy's third-quarter profit

China Shenhua Energy, the listed unit of the nation's largest coal producer Shenhua Group, posted a 4 per cent drop in third-quarter net profit, as lower coal selling prices and higher production costs offset increased sales.

27 Oct 2012 - 3:21am

On the right track to railway reform

In a sign of further reforms in the country's rail sector, China Shenhua Energy hopes to invest more than 10 billion yuan (HK$12.23 billion) in coal rail projects.

3 Sep 2012 - 3:30am

China Shenhua Energy takes on parent group's new coal, power assets

China Shenhua Energy, the listed unit of the nation's biggest coal producer, the Shenhua Group, plans to buy a coal-to-liquid fuel and chemicals project, coal mines, and coal and power assets recently acquired by its parent from the State Grid Corp of China.

28 Aug 2012 - 3:38am

China Shenhua predicts smaller sales growth

China Shenhua Energy, the listed unit of the mainland's largest coal producer Shenhua Group, saw its share price fall after it predicted small production and sales growth this year despite posting an annual result that was in line with market expectations.

27 Mar 2012 - 12:00am

Anglo American offers Shenhua stake for sale

Anglo American, the world's second-largest mining company, yesterday tried to sell its entire stake in China Shenhua Energy for as much as HK$5.63 billion through a share placement to end its shareholding relationship with the coal giant, market sources said.

29 Apr 2008 - 12:00am

China Shenhua eyes 66b yuan in A-share sale

China Shenhua Energy, the mainland's largest coal producer, will raise as much as 66.6 billion yuan from a domestic share sale, the biggest offering in the mainland.

Shenhua Energy's A-share deal will exceed that of China Construction Bank, which raised 58.05 billion yuan in a domestic initial public offering earlier this month.

24 Sep 2007 - 12:00am

Shenhua spends 870m yuan to expand capacity

China Shenhua Energy, the nation's largest coal producer, has agreed to spend 870 million yuan to raise its stakes in two power units, expanding its generation capacity 5.5 per cent.

12 Jun 2007 - 12:00am

Shenhua falls short with record 17.5b yuan profit

Firm sells more coal but lower sale prices affect margins

China Shenhua Energy, the world's second-largest coal producer by sales volume, posted an 11.8 per cent rise in net profit to a record 17.46 billion yuan for last year, although it was below market expectation due to lower than expected coal sale prices.

26 Mar 2007 - 12:00am