China Shenhua Energy Company
China Shenhua Energy Company Limited (SEHK: 1088, SSE: 601088) (simplified Chinese: 中国神华能源公司; traditional Chinese: 中國神華能源公司; in short form China Shenhua or Shenhua) is the largest coal mining state-owned enterprise in Mainland China, and the largest coal mining enterprise in the world. It is a subsidiary of Shenhua Group. It is engaged in the production and sale of coal and the generation and sale of electric power in the PRC. It operates coal mines as well as an integrated railway network and a seaport that are primarily used to transport its coal. It also operates power plants in the PRC which are engaged in the generation and sales of coal-based power to provincial and regional electric companies.
Recent History
On August 15, 2005, China Shenhua Energy joined Hang Seng China Enterprises Index Constitute Stock.
On August 23, 2007, China Shenhua Energy announced that it will issue not more than 1.8 billion A share to provide rooms for its parent company, China Shenhua Group, to inject the capital into it for its long-term development.