CHINA SHENHUA ENERGY COMPANY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(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 MARCH 2017 (Overseas Regulatory Announcement)The board of directors of China Shenhua Energy Company Limited 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.
OperationalIndicators | Unit | 2017 | 2016 | YoY Change (%) | |||
Mar. | Accumulative Total | Mar. | Accumulative Total | Mar. | Accumulative Total | ||
(I)Coal | |||||||
1.Commercial coalproduction | Milliontonnes | 27.5 | 78.0 | 24.7 | 71.3 | 11.3 | 9.4 |
2.Coalsales | Milliontonnes | 41.7 | 113.3 | 48.4 | 92.5 | (13.8) | 22.5 |
(II)Power | |||||||
1. Grosspowergeneration | Billionkwh | 22.15 | 59.90 | 20.10 | 54.90 | 10.2 | 9.1 |
2. Total power outputdispatch | Billionkwh | 20.83 | 56.21 | 18.86 | 51.50 | 10.4 | 9.1 |
(III)Coal Chemicals | |||||||
1.Polyethylenesales | Thousandtonnes | 31.6 | 92.8 | 26.8 | 80.6 | 17.9 | 15.1 |
2.Polypropylenesales | Thousandtonnes | 29.9 | 85.5 | 24.4 | 75.8 | 22.5 | 12.8 |
(IV)Transportation | |||||||
1. Transportationturnoverof self-owned railways | Billiontonne kilometres | 24.2 | 67.9 | 22.1 | 60.8 | 9.5 | 11.7 |
2.Seabornecoal sales | Milliontonnes | 25.8 | 67.7 | 27.0 | 55.1 | (4.4) | 22.9 |
Of which:viaHuanghuaPort | Milliontonnes | 18.1 | 47.3 | 19.3 | 37.9 | (6.2) | 24.8 |
via Shenhua Tianjin CoalDock | Milliontonnes | 4.0 | 11.0 | 4.5 | 10.0 | (11.1) | 10.0 |
3.Shippingvolume | Milliontonnes | 8.1 | 22.0 | 6.1 | 17.9 | 32.8 | 22.9 |
4.Shipmentturnover | Billiontonne nauticalmiles | 7.3 | 18.9 | 4.7 | 14.1 | 55.3 | 34.0 |
From January to March 2017, the coal sales volume of the Company increased by 22.5% year-on-year, mainly due to the downstream demand of coal representing a year-on-year increase as influenced by factors such as stable and positive development of economic
situation as well as relatively small contribution of hydropower since the beginning of this year. The coal sales volume of the Company this March represented a year-on-year decrease of 13.8%, mainly due to the relatively high base of coal sales volume in March last year, given that the settlements of part of coal sales for January and February 2016 were postponed to March 2016 impacted by the negotiation progress of the contracts.
From January to March, the total power output dispatch of the Company increased by 9.1% year-on-year, mainly attributable to: firstly, a year-on-year increase of coal-fired power generation resulting from a year-on-year increase of electricity consumption throughout PRC and a year-on-year decrease of hydropower generation by power plants above-scale in PRC; secondly, an increase in installed capacity of power generators of the Company.
The major operational data above were calculated based on the internal statistics of the Company. As a result, 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, April 17, 2017 |
As at the date of this announcement, the Board comprises the following: Dr. Ling Wen, Dr. Han Jianguo and Dr. Li Dong as executive directors, Mr. Chen Hongsheng and Mr. Zhao Jibin as non-executive directors, and Ms. Fan Hsu Lai Tai, Mr. Gong Huazhang and Mr. Guo Peizhang as independent non-executive directors.
CSEC - China Shenhua Energy Company Ltd. published this content on 17 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 April 2017 08:03:15 UTC.
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