China Coal Energy

China National Coal Group Corporation
中国中煤能源集团公司
Type State-owned enterprise
Industry Coal mining
Founded 1999
Headquarters Beijing, People's Republic of China
Area served People's Republic of China
Key people Zhang Baoshan (Chairman)
Products Coal
Subsidiaries China Coal Energy Company
Website
China Coal Energy Company Limited
中国中煤能源股份有限公司
Public
Traded as 1898
Industry Coal mining
Founded 2006
Headquarters Beijing, People's Republic of China
Area served People's Republic of China
Key people Wang An (Chairman)
Products Coal
Parent China National Coal Group Corporation
Website

ChinaCoal, officially China National Coal Group Corporation (former name: China National Coal Industry Import and Export Corporation),[1] is a coal mining company controlled by State Council of the People's Republic of China. It is the second largest state-owned coal mining enterprise in Mainland China, and the third largest in the world, just after Shenhua Group.[2] It is engaged in coal production and sales, coal chemicals, coal mining equipment manufacturing, coal mine design and related engineering services.

Its subsidiary company, China Coal Energy Company Limited (Shanghai Stock Exchange. It owns 12 coal mines (9 in operation, 3 under development), 13 coal processing plants, 5 coking plants, 4 coal mining equipment manufacturing plants, and 2 mine design institutes. The chairman is Wang An.

On 16 December 2006, it was listed in the Hong Kong Stock Exchange as H share. On 12 March 2007, China Coal joined Hang Seng China Enterprise Index Constitute Stock. On 7 September 2007, China Coal announced that it would issue A share in the Shanghai Stock Exchange. The capital collected from investors will be used to invest and develop coal mines in Inner Mongolia, Heilongjiang, Hebei and Shanxi. On 24 January 2008, China Coal announced to issue A share at ¥16.83 Chinese yuan per share, with its historical P/E 43.71 times. It was listed in the Shanghai Stock Exchange on 1 February 2008.

See also

  • Coal power in China

References

External links

  • China National Coal Group Corporation
  • China Coal Energy Company Limited
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