I. Company Introduction

China Shenhua Energy Company Limited (referred to as China Shenhua) was established on November 8, 2004. It is a subsidiary of China Energy Investment Corporation Limited and its headquarters is located in Beijing, China. As of the end of 2022, the total number of employees is 83,000, the asset scale is 621.7 billion yuan, and the total market value is 523.5 billion yuan. Its H-shares and A-shares were listed on the Hong Kong Stock Exchange on June 15, 2005, and on the Shanghai Stock Exchange on October 9, 2007, respectively.

Official Website: http://www.csec.com/

II. Main Business Segments

1. Coal Industry: Its coal production accounts for about 7% of the national total, reaching 310 million tons. It has built the first 200-million-ton coal production base and a group of ten-million-ton mines in China. The mechanization rate of mining and excavation is 100%. It promotes the construction of green and intelligent mines, with many indicators reaching the world's advanced level. The coverage rate of safe and efficient mines is 100%, and the production capacity of green mines is leading.

2. Power Industry: The total installed power generation capacity is 42.95 million kilowatts, including coal-fired, gas-fired, and hydropower. It actively promotes green and low-carbon development. The coal-fired power generation units and conventional coal-fired power units have achieved 100% desulfurization, denitrification, and ultra-low emissions respectively. It has outstanding projects in the energy and power market along the Belt and Road Initiative.

3. New Energy Industry: To achieve the "dual carbon" goal, it promotes the development of new energy from two aspects: project development and investment funds. The planned, under construction, and commissioned new energy projects have a capacity of 2.27 million kilowatts. It has invested in the establishment of relevant funds to drive the implementation of nearly 10 million kilowatts of wind power and photovoltaic projects.

4. Coal Chemical Industry: The Baotou coal-to-olefins project is a national strategic priority and the world's first industrial demonstration project of coal-based methanol-to-olefins. The production capacity is 600,000 tons per year, and the products include polyethylene, polypropylene, etc. It has also successfully developed raw materials for medical protective products.

5. Railway Industry: The total operating mileage of railways is 2,408 kilometers, and the freight volume is 470 million tons. It is the second-largest railway operator in China. It promotes informatization and intelligent construction and has many technological achievements, such as jointly developing high-power electric locomotives and building intelligent operation and maintenance preparation lines.

6. Port Industry: It owns 3 professional companies with a designed handling capacity of 270 million tons per year. Huanghua Port leads in the technical application and intelligent control of coal terminals. Its labor productivity and per capita profit rank first among domestic ports, and it has won many honors related to green ports.

7. Shipping Industry: It has 40 cargo ships with a deadweight capacity of 2.18 million deadweight tons and an annual transportation capacity of 55 million tons. All of its own ships are covered by shore power facilities, and the shipping routes cover the main domestic ports. The fleet size and operating efficiency rank among the top in national shipping enterprises.

III. Technological and Business Advantages

1. Industrial Integration Advantage: It operates seven major business segments, including coal and power. It implements a vertical integration development and operation mode across industries and industries, enhancing synergistic effects and risk resistance capabilities.

2. Advanced Technology: Each business segment focuses on technology research and development and application, such as intelligent mining in the coal industry and intelligent operation and maintenance in the railway industry. Many technologies have reached the world's or domestic advanced levels.

3. Scale Advantage: It has a large scale in terms of coal production, power generation installed capacity, railway mileage, port handling capacity, and shipping deadweight capacity, and has strong competitiveness in the industry.

4. Brand and Honors: It has won many honors in the domestic and international energy industries, such as the Platts Energy Information ranking, the Fortune China 500 ranking, and brand value evaluation, with a large brand influence.

IV. Development History