China Shenhua Energy, the listed flagship of the nation's largest coal producer. Shenhua Group, posted a 5.9 per cent year-on-year rise in first-quarter net profit, thanks to higher production and sales.
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.