Puneet Varma (Editor)

China Coal Energy

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Type
  
Public

Area served
  
China

Products
  
Coal

Founded
  
2006

Industry
  
Coal mining

Key people
  
Wang An (Chairman)

Headquarters
  
Beijing, China

China Coal Energy httpsuploadwikimediaorgwikipediaenee3Chi

Traded as
  
SSE: 601898 (A share) SEHK: 01898 (H share)

Stock price
  
601898 (SHA) CN¥ 6.02 -0.04 (-0.66%)3 Mar, 3:00 PM GMT+8 - Disclaimer

Parent organizations
  
China National Coal Group, State Council of the People's Republic of China

Subsidiaries
  
Shanghai Datun Energy Resources Co. Ltd.

China Coal Energy Co., Ltd., is a publicly traded company listed on the Hong Kong Stock Exchange and the 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 Enterprises 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.

References

China Coal Energy Wikipedia