Shenhua Group Corporation Limited (Shenhua Group in abbreviation) is a state-owed enterprise, founded in October 1995 with the approval of the State Council, pursuant to Corporate Laws. Shenhua Group is a diversified energy enterprise with major businesses concentrating on coal production, sales, electricity & thermal generation, coal liquefaction & coal chemicals, railway and port transportation.
Shenhua Group is the most competitive unified energy company in China. Pursuing a multi-faceted strategy, we have integrated segments of coal, railway, power and ports, and have integrated our coal production, transportation and sales. We own 54 coal mines with a total capacity of 200 million tons, 1369 kilometers of dedicated railways with a total transportation capacity of 128 million tons/kilometer, power plants with a total installed capacity of 16080 MW. The CTL and coal chemicals project are progressing on schedule.
Shenhua Group opens up a new era of China’s coal industry. Now we are the largest coal provider in the world. We have been awarded “China Grand Award of Industry”, which is the highest honor in China. Many world records have been achieved by Shenhua Group in coal production and coal production of a single team working at a single face.
In 2006，under the guideline of scientific development philosophy and our objective of “to expand, restructure, grow and prosper”, Shenhua Group actively pushed forward the building an enterprise featuring safety performance, quality & efficiency, technology & innovation, resource preservation and harmonious development, enhanced management & innovation, therefore we achieved greater profitability, and took the lead China’s work safety. China Shenhua’s share price went up steadily. Shenhua Group substantially increased its total installed capacity, completed stage objective of DCL project, greatly improved transportation capacity of our railways and ports, and attained significant results in self-innovation. These achievements have laid a solid foundation for our development in the Eleventh Five-Year Plan.
Shenhua Group carried out reform to assure a creative development. We acquired Ningxia Coal Industry (Group) Corporation Ltd, and restructured our non-listed technological entities. China Shenhua was among the few companies with the best financial performance in the international capital market in 2006.
Shenhua Group also achieved good results in separation of auxiliary businesses from major businesses, in
restructuring of auxiliary businesses and in separation of social function from the corporate entity. As at 31st
Dec. 2006, we had 150,447 thousand employees with registered capital of RMB 246.4 billion.
Focusing on the development philosophy of “to expand, restructure, grow and prosper”, Shenhua Group strived to build an enterprise featuring safety performance, quality & efficiency, technology & innovation, resource preservation and harmonious development. Shenhua Group is becoming a coal-based, super-large globally competitive energy giant.