China Shenhua Energy : DELAY IN DISPATCH OF CIRCULAR

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(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01088)

ANNOUNCEMENT

DELAY IN DISPATCH OF CIRCULAR

Reference is made to the announcements of China Shenhua Energy Company Limited (the "Company") dated 28 March 2021 (the "Announcements") in relation to entering into the Financial Services Agreement. Capitalised terms used herein shall have the same meanings as ascribed to them in the Announcements unless the context otherwise requires.

As disclosed in the Announcements, a circular (the "Circular") will be dispatched to the Shareholders on or before 21 April 2021. As additional time is required by the Company for the preparation and finalization of the relevant information for inclusion in the Circular, the Company expects that the dispatch of the Circular will be postponed to a later date that is on or before 14 May 2021.

By order of the Board

China Shenhua Energy Company Limited

Huang Qing

Secretary to the Board of Directors

Beijing, 21 April 2021

As at the date of this announcement, the Board comprises the following: Mr. Wang Xiangxi, Mr. Yang Jiping and Mr. Xu Mingjun as executive directors, Mr. Jia Jinzhong as non-executive director, Dr. Yuen Kwok Keung, Dr. Bai Chong-En and Dr. Chen Hanwen as independent non-executive directors, and Mr. Wang Xingzhong as employee director.