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)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 | 2015 | 2014( Restated) | YoY Change (%) | |||
Dec. | Accumulative Total | Dec. | Accumulative Total | Dec. | Accumulative Total | ||
(I)Coal | |||||||
1.Commercial coalproduction | Mi liontonnes | 25.2 | 280.9 | 25.5 | 306.6 | -1.2 | -8.4 |
2.Coalsales | Mi liontonnes | 33.1 | 370.5 | 40.7 | 451.1 | -18.7 | -17.9 |
Ofwhich:export | Mi liontonnes | 0.2 | 1.2 | 0.1 | 1.6 | 100.0 | -25.0 |
import | Mi liontonnes | 0.0 | 0.2 | 0.2 | 6.9 | -100.0 | -97.1 |
(II)Power | |||||||
1. Grosspowergeneration | Billionkwh | 20.92 | 225.79 | 22.55 | 234.38 | -7.2 | -3.7 |
2. Total poweroutputdispatch | Billionkwh | 19.51 | 210.45 | 21.15 | 218.42 | -7.8 | -3.6 |
(III)Coal Chemicals | |||||||
1.Polyethylenesales | Thousandtonnes | 22.7 | 319.2 | 32.0 | 265.5 | -29.1 | 20.2 |
2.Polypropylenesales | Thousandtonnes | 23.2 | 312.9 | 28.6 | 268.1 | -18.9 | 16.7 |
(IV)Transportation | |||||||
1. Transportationturnoverof self-owned railways | Billiontonne kilometres | 19.3 | 200.1 | 18.2 | 223.8 | 6.0 | -10.6 |
2.SeaborneCoal | Mi liontonnes | 18.5 | 203.8 | 21.6 | 235.8 | -14.4 | -13.6 |
Ofwhich:Seabornecoalat HuanghuaPort | Mi liontonnes | 10.4 | 111.6 | 11.4 | 131.6 | -8.8 | -15.2 |
Seabornecoal at ShenhuaTianjin CoalDock | Mi liontonnes | 3.9 | 40.3 | 4.3 | 36.6 | -9.3 | 10.1 |
3.Shippingvolume | Mi liontonnes | 6.4 | 79.8 | 7.6 | 87.7 | -15.8 | -9.0 |
4.Shipmentturnover | Billiontonne nauticalmiles | 5.0 | 64.1 | 6.0 | 72.2 | -16.7 | -11.2 |
Notes: In October 2015, China Shenhua Energy Company Limited (the "Company") completed the acquisition of 100% equity interest in Ningxia Guohua Ningdong Power Generation Co., Ltd., 100% equity interest in Guohua Xuzhou Power Generation Co., Ltd. and 51% equity interest in Shenhua Guohua (Zhoushan) Power Generation Co., Ltd. held by Shenhua Group Corporation Limited, the controlling shareholder of the Company, and the acquisitions are business combinations under common control. The operational data of the Company from January to December 2015 have included the corresponding data of companies acquired under the above acquisitions, and the operational data from January to December 2014 have been restated. The gross power generation and total power output dispatch of the above three companies from January to December 2015 are 19.27 billion kwh and 18.09 billion kwh respectively; of which, the gross power generation and total power output dispatch of December 2015 are 1.67 billion kwh and 1.57 billion kwh respectively.
The main reasons for the 17.9% year-on-year decrease in coal sales of the Company in 2015 are as follows: firstly, domestic coal consumption decreased year-on-year due to the impact of factors such as the slowdown demand from down-stream industries, the weather and the adjustment of energy structure in China; and secondly, the Company moderately reduced the production of some low-profit margin mines and sales of trading coal based on market conditions. The main reasons for the 3.6% year-on-year decrease in total power output dispatch are as follows: firstly, growth rate in electricity demand slowed down in society as a whole; secondly, faster growth in power generation by non-fossil energies nationwide, such as
hydropower further, took place of some market share of coal-fired power generation；and
thirdly, utilization hours continued declining given the rapid increase in installed capacity of thermal power generators.
The major operational data above were calculated based on the internal statistics of the Company. As a result, operational data may show major differences between months. The factors giving rise to such differences include, without limitation to, bad weather, equipment overhaul, seasonal factors, and safety checkup and so on. 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.
Beijing, 22 January, 2016
By order of the Board
China Shenhua Energy Company Limited Huang QingSecretary to the Board of Directors
As at the date of this announcement, the Board comprises the following: Dr. Zhang Yuzhuo, Dr. Ling Wen and Mr. Han Jianguo as executive directors, Mr. Chen Hongsheng as non-executive director, and Ms. Fan Hsu Lai Tai, Mr. Gong Huazhang and Mr. Guo Peizhang as independent non-executive directors.
CSEC - China Shenhua Energy Company Ltd. issued this content on 2016-01-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-22 09:34:17 UTC
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