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(a joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 01088)
ANNOUNCEMENT ON THE MAJOR OPERATIONAL DATA
OF OCTOBER 2019
(Overseas Regulatory Announcement)
The board of directors of China Shenhua Energy Company Limited (the "Company") together with the directors thereof guarantee that the information contained in this announcement does not contain any false statements, misleading representations or material omissions, and all of them jointly and severally accept responsibility as to the truthfulness, accuracy and completeness of the content of this announcement.
2019 | 2018 | YoY Change (%) | |||||||
OperationalIndicators | Unit | ||||||||
Oct. | Accumulative | Oct. | Accumulative | Oct. | Accumulative | ||||
Total | Total | Total | |||||||
(I) Coal | |||||||||
1.Commercial coal production | Milliontonnes | 21.5 | 235.6 | 25.6 | 245.6 | (16.0) | (4.1) | ||
2.Coal sales | Milliontonnes | 33.7 | 365.4 | 38.4 | 378.4 | (12.2) | (3.4) | ||
(II)Transportation | |||||||||
1. Transportationturnoverof | Billiontonne | 23.4 | 238.1 | 23.6 | 235.0 | (0.8) | 1.3 | ||
self-owned railways | kilometres | ||||||||
2.Seaborne coal sales | Milliontonnes | 21.1 | 220.5 | 22.5 | 221.6 | (6.2) | (0.5) | ||
Of which: viaHuanghuaPort | Milliontonnes | 15.0 | 155.2 | 15.8 | 158.5 | (5.1) | (2.1) | ||
via Shenhua Tianjin | Milliontonnes | 3.6 | 37.0 | 3.9 | 37.7 | (7.7) | (1.9) | ||
Coal Dock | |||||||||
3.Shippingvolume | Milliontonnes | 9.0 | 92.5 | 9.2 | 87.3 | (2.2) | 6.0 | ||
4.Shipment turnover | Billiontonne | 7.2 | 75.0 | 8.2 | 75.8 | (12.2) | (1.1) | ||
nautical miles | |||||||||
(III)Power | |||||||||
1. Gross powergeneration | Billionkwh | 10.97 | 127.62 | 21.45 | 235.11 | (48.9) | (45.7) | ||
2. Total power output dispatch | Billionkwh | 10.34 | 119.68 | 20.05 | 220.49 | (48.4) | (45.7) | ||
(IV) CoalChemicals | |||||||||
1.Polyethylene sales | Thousandtonnes | 3.8 | 265.0 | 25.7 | 265.1 | (85.2) | (0.0) | ||
2.Polypropylene sales | Thousandtonnes | 4.4 | 245.7 | 25.0 | 246.0 | (82.4) | (0.1) |
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In October 2019, the main reason for the year-on-year decreases in commercial coal production of the Company is that the output of commercial coal in Shengli No.1 open-pit mine decreased, affected by the land acquisition progress of the mining site; the output of commercial coal in Wanli No.1 Mine decreased, due to the progress of the renewal of production certificates; and the output of commercial coal in Bu'ertai Mine decreased, as a result of the change of geological mining conditions; and therefore the coal sales of the Company presented a year-on-year decrease in October 2019. The Company is actively taking measures to promote related work.
In October 2019, the main reason for the year-on-year decreases in power generation and power output dispatch of the Company is that the assets contributed by the Company are no longer consolidated to the consolidated financial statements upon completion of the transaction of the establishment of a joint venture company. For details, please refer to the H shares announcement dated 31 January 2019 and the A shares announcement dated 1 February 2019 of the Company, respectively.
In October 2019, the main reason for the year-on-year decreases in sales of polyethylene and polypropylene of the Company is that the production lasted for only four days as a result of the planned overhaul of coal-to-olefin equipment of Shenhua Baotou Coal Chemical Co., Ltd., a subsidiary of the Company.
The major operational data above were calculated based on the internal settled statistics of the Company. Operational data may show major differences from month to month. The factors giving rise to such differences include, among others, changes in weather, equipment overhaul, seasonal factors and safety inspection. The major operational data may somewhat differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.
By order of the Board
China Shenhua Energy Company Limited
Huang Qing
Secretary to the Board of Directors
Beijing, November 21, 2019
As at the date of this announcement, the Board comprises the following: Mr. Wang Xiangxi, Dr. Li Dong, Mr. Gao Song and Mr. Mi Shuhua as executive directors, Mr. Zhao Jibin as non-executive director, and Dr. Tam Wai Chu, Maria, Dr. Peng Suping, Dr. Jiang Bo and Ms. Zhong Yingjie, Christina as independent non-executive directors.
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CSEC - China Shenhua Energy Company Ltd. published this content on 21 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2019 09:30:08 UTC