Shenhua Group Co., Ltd

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Shenhua Group Co., Ltd. (hereinafter referred to as Shenhua Group) is a state-owned wholly-owned company established in October 1995 with the approval of the State Council in accordance with the Company Law. It is a large-scale comprehensive energy enterprise whose main business activities include coal production and sales, electricity and heat generation and supply, coal-to-oil conversion and coal chemical processing, as well as related transportation services such as railway and port operations. Shenhua Group is the most competitive comprehensive energy enterprise in the country. It adopts a diversified development strategy, carrying out integrated development of mining, transportation, power generation, and ports, as well as a one-stop operation model for production, transportation, and sales. It owns 54 coal mines with a total production capacity of 200 million tons, railway lines totaling 1,369 kilometers with a transport capacity of 128 million tons-kilometers, and power plants with an installed capacity of 16.08 million kilowatts. Projects related to coal-to-oil conversion and coal chemical processing are under accelerated construction. Shenhua Group has ushered in a new era for China’s coal industry, becoming the world’s largest coal seller and winning China’s highest honor for industrial enterprises, the \"China Industry Award.\" Indicators such as coal production capacity and output per unit area have set world records. In 2006, Shenhua Group earnestly implemented the Scientific Outlook on Development, adhered to the \"16-character\" guideline, actively promoted the development of \"five-type enterprises\", strengthened management and accelerated innovation. Its economic performance improved steadily, safety in production remained at a high level, Shenhua’s performance in the Chinese market was excellent, the installed capacity for power generation increased significantly, the construction of projects for direct coal liquefaction was completed on schedule, port and transportation capacities were greatly enhanced, and significant achievements were made in terms of independent innovation. This led to a good start for the development of Shenhua’s business during the 11th Five-Year Plan period. Shenhua Group has been committed to reform and innovative development, acquiring Ningmei Coal Group Company and restructuring unlisted technology enterprises. The listed companies achieved remarkable results, with China Shenhua becoming one of the best-performing listed companies in the international capital markets in 2006. The separation of core and auxiliary operations, the restructuring of auxiliary businesses, and the removal of enterprises’ social functions are being advanced in a proactive and steady manner. By the end of 2006, Shenhua Group had 150,447 employees on its payroll, with total assets amounting to 246.4 billion yuan. Centering around the development strategy of \"expanding territory, restoring the country’s landscape, growing stronger and larger, and achieving excellence,\" Shenhua Group is actively promoting the establishment of \"five-type enterprises\" that are characterized by inherent safety, quality and efficiency, technological innovation, resource conservation, and harmonious development. It aims to gradually become a large-scale energy enterprise with international competitiveness. List of directly affiliated entities under Shenhua Group: Beijing Land and Resources Remote Sensing Company, Guohua Power Branch, Guohua Energy Investment Co., Ltd., Jinci Technology Industry Development Company, Shenhua International Trade Co., Ltd., Shenhua Jinfeng Coal Co., Ltd., Shenhua Tianhong Trading Company, Shenhua Materials Trading Co., Ltd., China Shenhua Coal-to-Oil Company, China Shenhua Energy Corporation, China Xinhua Airlines, Shendong, Wanli, Ningmei, Shenhua Junggar, Hulunbuir Na, Wuhai City in Inner Mongolia, and so on