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Shenhua Group Corporation Limited (Shenhua
Group in abbreviation) is a state-othe groupd enterprise, founded in
October 1995 with the approval of the State Council, pursuant to
Corporate Laws. Shenhua Group is a diversified energy enterprise with
major businesses concentrating on coal production, sales, electricity
& thermal generation, coal liquefaction & coal chemicals,
railway and port transportation.
Shenhua Group is the most competitive unified energy company in China.
Pursuing a multi-faceted strategy, the group have integrated segments of
coal, railway, power and ports, and have integrated our coal production,
transportation and sales. the group own 54 coal mines with a total
capacity of 200 million tons, 1369 kilometers of dedicated railways with
a total transportation capacity of 128 million tons/kilometer, power
plants with a total installed capacity of 16080 MW. The CTL and coal
chemicals project is progressing on schedule.
Shenhua Group opens up a new era of China’s coal industry. Now the group
is the largest coal provider in the world. the group have been awarded
“China Grand Award of Industry”, which is the highest honor in
China. Many world records have been achieved by Shenhua Group in coal
production and coal production of a single team working at a single
face.
In 2006, under the guideline of scientific development philosophy and
our objective of “to expand, restructure, grow and prosper”, Shenhua
Group actively pushed forward the building an enterprise featuring
safety performance, quality & efficiency, technology &
innovation, resource preservation and harmonious development, enhanced
management & innovation, therefore the group achieved greater
profitability, and took the lead China’s work safety. China
Shenhua’s share price went up steadily. Shenhua Group substantially
increased its total installed capacity, completed stage objective of DCL
project, greatly improved transportation capacity of our railways and
ports, and attained significant results in self-innovation. These
achievements have laid a solid foundation for our development in the
Eleventh Five-Year Plan.
Shenhua Group carried out reform to assure a creative development. the group
acquired Ningxia Coal Industry (Group) Corporation Ltd, and restructured
our non-listed technological entities. China Shenhua was among the few
companies with the best financial performance in the international
capital market in 2006.
Shenhua Group also achieved good results in separation of auxiliary
businesses from major businesses, in restructuring of auxiliary
businesses and in separation of social function from the corporate
entity. As at 31st Dec. 2006, the group had 150,447 thousand employees
with registered capital of RMB 246.4 billion.
Focusing on the development philosophy of “to expand, restructure,
grow and prosper”, Shenhua Group strived to build an enterprise
featuring safety performance, quality & efficiency, technology &
innovation, resource preservation and harmonious development. Shenhua
Group is becoming a coal-based, super-large globally competitive energy
giant.
Coal
In 2006,
by balancing production and optimizing production procedure, Shendong Coal
Branch’s coal production totaled 114.68 million tons, marking the
seventh year in a row of 10-million annual production increase,
which contributed significantly to Shenhua Group’s overall production.
Shendong Coal Branch’s total coal production efficiency amounted to 124
tons/manshift, and working face production efficiency 603 tons/manshift.
The annual coal production of three comprehensive mining teams and six
mines in Shendong exceeded 10 million tons.
Shendong
Coal Branch made 72 new records, such as monthly coal production of 10.22
million tons and monthly coal production of 1.07 million tons for a single
comprehensive mining team. Bulianta Mine became the first underground mine
in the world with a capacity over 20 million tons. By upgrading opencast
mining equipment and expanding transportation capacity of Dazhun Railway,
Shenhua Zhunge’er Energy Company’ s commercial coal production reached
23.6 million tons. Several new records have been set in raw coal
production and coal loading. Heidaigou Opencut Mine became the only mine
in China with an annual production of 20 million tons.
Shenhua Ningxia Coal Industry
(Group) Corporation accelerated its technical innovation and promoted
utilization of continuous miner to improve coal production of a single
team working at a single face. The coal production amounted to 28.28
million tons, a year on year increase of 22%.
By intensifying production and management, Shenhua Xinjiang Coal Company
improved its coal production to 8.5 million tons, a 34% increase year on
year.
Shenhua Baorixile Coal Company
increased coal roduction of its opencut mines to 5.8 million tons, a 30%
increase year on year.
Shenhua Haibowan Coal Mining
Company and Shenhua Wuda Coal Mining Company improved mining mechanization
and coal production of a single team working at a single face and adjusted
production mix to have set a new high in coal production. Shenhua Beidian
Shengli Energy Company made great efforts on infrastructure and
management. The coal production amounted to 2.77 million tons, a 69%
increase year on year.
The group established an
overall marketing framework and increased our market shares. the group
coordinated the common market of CSEC and non-listed entities within
Shenhua. the group gave more priority to our key customers by ensuring
coal quality, service and full implementation of contracts. the group
supervised the loading process to keep the reputation of “Shenhua Coal
Brand”. the group overperformed in the purchase of external coal and
coal blending. Efforts have also been made to the promotion of the coal
products of non-listed entities with Shenhua. the group sold brow coal of
Shenhua Baorixile Energy Company to Huaneng Yinkou and Guohua Suizhong
power plants, coordinated coal export and coal payment back of Shenhua
Xinjiang Coal Company, helped Shenhua Ningxia Coal (Group) Industry
Corporation with its external coal sales and transportation, and developed
market in eastern and northern China for “western Five” Coal
Company’s high calorific and high sulfur fat coal.
| coal
quality index |
|
|
| Shenhua
mixed coal 1# |
Shenhua mixed
coal 2# |
Shenhua mixed
coal 3# |
blending coal 1# |
blending coal 2# |
carboniferous 1# |
carboniferous 2# |
carboniferous 3# |
meager lean
coal |
Wuhai mixed coal |
| total
moisture(Mt,%)
|
<17 |
<20 |
<20 |
<16 |
<15 |
<10 |
<15 |
<10 |
<12 |
<10 |
| ash(Aar,%) |
<12 |
<16 |
<20 |
<15 |
<30 |
<25 |
<30 |
<40 |
<28 |
<40 |
| volatile
matter(Var,%) |
23-32 |
21-30 |
21-30 |
24-33 |
22-31 |
24-31 |
22-31 |
22-31 |
10-20 |
10-20 |
| total
sulfur(St,ar,%) |
<0.6 |
<0.8 |
<0.8 |
<0.8 |
<1.0 |
<3.0 |
<1.0 |
<1.5 |
<2.0 |
<0.6 |
| calorific
value(Qnet,ar,kcal/kg) |
>5500 |
>5200 |
>4800 |
>5400 |
>5000 |
>5400 |
>4800 |
>4200 |
>5300 |
>4500 |
| softening
temperature(ST,℃) |
1150 |
1150 |
1150 |
>1250 |
>1300 |
>1400 |
>1350 |
>1400 |
>1400 |
>1400 |
| Hardgrove
grindability index(HGI) |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
50-60 |
| particle
size(mm) |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
0-50 |
| remarks |
|
|
|
considering
coal blending operation cost |
|
|
|
|
including
minerals |
|
|
|
|
|
|
|
|
|
|
|
| coal
quality index |
series
of special species |
series
of Zhunger mixed |
| coal
of special low ash content |
coal for chemical
industry |
coal for coal
water mixture |
washed lump 1# |
washed lump 2# |
washed lump 3# |
Zhunger mixed
coal 2# |
Zhunger mixed
coal 3#(5500) |
Zhunger mixed
coal 3#(5000) |
Zhunger mixed
coal 5# |
| total
moisture(Mt,%)
|
<16 |
<17 |
<15 |
<16 |
<16 |
<16 |
<13 |
<17 |
<17 |
<13 |
| ash(Aar,%) |
<6.5 |
<8 |
<15 |
<12 |
<12 |
<12 |
<23 |
<12 |
<16 |
<35 |
| volatile
matter(Var,%) |
30-37 |
30-37 |
30-37 |
24-33 |
24-33 |
24-33 |
23-31 |
23-32 |
21-30 |
21-30 |
| total
sulfur(St,ar,%) |
<0.5 |
<0.6 |
<0.6 |
<0.6 |
<0.6 |
<0.6 |
<0.8 |
<0.6 |
<0.6 |
<0.8 |
| calorific
value(Qnet,ar,kcal/kg) |
5850-5950 |
5650-5750 |
5650-5750 |
>5500 |
>5500 |
>5500 |
4900-5000 |
>5500 |
>5000 |
>4300 |
| softening
temperature(ST,℃) |
1200 |
<1280 |
>1250 |
|
|
|
>1400 |
1150 |
1150 |
>1400 |
| Hardgrove
grindability index(HGI) |
50-60 |
50-60 |
50-60 |
|
|
|
50-60 |
50-60 |
50-60 |
50-60 |
| particle
size (mm) |
0-50 |
0-50 |
0-50 |
30-100
100-300 |
0-300 |
0-500 |
0-100 |
0-50 |
0-50 |
0-100 |
| remarks |
based
on dry basis |
not port
screening |
raw coal |
|
|
|
|
|
Power
By enhancing production &
management and internal control under international practice, in 2006,
China Shenhua Guohua Power Branch’s power generation increased by 50% to
69 billion kwh with operating installed capacity reaching 14160 MW. Guohua
Energy Investment Company assures stable operation of wind power
generation units, and became the one of best in China. Shenhua Shendong Power
Company, Shendong Coal Branch, Shenhua Zhunge’er Energy Company and
Shenhua Ningxia Coal Industry (Group) Corporation’s power segment
actively lobbied for more generation load, increased profit with a total power
generation of 5.5 billion kwh for the year.
Railway
Our rail network currently consists of four
lines, the Baoshen Rail Line, the Shenshuo Rail Line, the Shuohuang Rail
Line and the Dazhun Rail Line. The Shenshuo and Shuohuang Rail Lines
together form one of the two primary eastbound coal freight rail lines
in China and play a key role in providing supplies of coal to the
economically developed coastal isas of the country.
2006 On the condition of insufficient power and coal supply, Shenshuo
Railway Branch optimized its transportation program to achieve a seventh
year of transportation increment of 10 million tons. Great efforts have
been made to balance the transportation period and maintaining period,
to minimize the impact of construction on transportation, to ease
transportation bottleneck of Shenmu North Railway Station.
Transportation volume of Shuohuang Railway Development Company exceeded
110 million tons. Based on “maintaining current operation in the south
lines and increasing profit in the north lines”, Baoshen Railway
Company hit its objective. After technical innovation, Dazhun Railway
now operates trains with a capacity of ten thousand tons, therefore
substantially improved efficiency with daily transportation volume being
125 thousand tons now. China Shenhua Rolling Stock Brach strengthens
coordination with Beijing Railway Bureau and Huhhot Railway Bureau, and
improved the car turnover rate. The transportation volume of self-owned
fright cars at Gudiankou Station increased by 1.39 million tons year on
year, so as to accommodate the increased transportation requirement.
Port
In 2006, Huanghua Port achieved a seaborne
coal sales of 79.2 million tonnes, representing a year-on-year increase
of 12.1 million tonnes, or 18.0%.
Shenhua Huanghua Harbor Administration Company improved loading &
unloading operation and further dredged sailing channels to -13 meters,
assuring a 24-hour in-and-out sailing of vessels with a capacity of 50
thousand tons. The handling throughput increased by ten million tons for
a fourth year in a row.
The Shenhua Tianjin Coal Dock is located at the east end of Nanjiang
Port at Tianjin Port, having three berths. Its construction was
completed in October 2006. It is an important channel for seaborne
transportation in our transportation system. It has a designed annual
coal handling capacity of 35 million tonnes and it is estimated that by
the end of 2007 when the fourth unloading line is completed, its annual
coal handling capacity will be increased to 45 million tonnes. As it
benefits from the sound infrastructure of Tianjin Port, including the
deep water route of 200,000-tonne class and the professional port
services, the Shenhua Tianjin Coal Dock can accommodate one
150,000-tonne class and two 70,000-tonne class large vessels at the same
time.
Coal Chemicals
DCL project: Great efforts has
been made on the construction of the DCL project. Exerting our
intelligence and solving all kinds of problems, the group ensured on-time
delivery of super large equipment, successful installation of over-sized
equipment and completion of civil engineering for the overall framework. the group
have finished civil engineering and made major progress in the equipment
installation ensued, such as successful installation of CTL reactor,
gasifier and hydrogen reactor. The coal silo has been completed and
external water supply system has been finished. the group have finished
the detailed design of each phase and each part of the project, and the group
have finished purchasing of key equipment, large batches of material,
electronics and meters. Over 80% of the equipment and most of the
pipelines and electronic material is ready on site. The project HSE, as
well as its quality, progress and cost is all in control. The investment
for the year stood at RMB 436.9 million. Since the kick off the
construction, the accumulative investment has reached RMB 763.9 million
and 75.17% of the construction has been completed, following our
timetable.
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