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Shenhua Group

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Shenhua Group

former Chinese coal company

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About Shenhua Group

Shenhua Group Corporation Limited was a Chinese state-owned mining and energy company. Shenhua Group was founded in October 1995 under the auspices of the State Council of the People's Republic of China. It was the largest coal-producing company in China. In 2014 Shenhua Group produced 437 million tons of coal and sold 588 million tons of coal. In 2014, Shenhua Group's revenue was 328.6 billion yuan, and the company ranked 196th in the Global Fortune 500. The same year the Shenhua Group's profit was 64 billion yuan. On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group would be jointly restructured, with Shenhua Group becoming China Energy Investment Corporation and absorbing China Guodian Corporation.

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People's Republic of China

Headquarters

Beijing

Inception

October 1995

Website

http://www.shenhuagroup.com.cn/, http://www.shenhua.cc

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