China Coal Energy Company
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- For a broader discussion of coal in China, see Coal power in China
China Coal Energy Company 中国中煤能源股份 |
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Type | State-owned enterprise |
Founded | 2006 |
Headquarters | Beijing, China |
Area served | People's Republic of China |
Key people | Chairman: Mr. Jin Tianliang |
Industry | Coal mining |
Products | Coal |
Services | Coal production |
Parent | China National Coal Group Corporation |
Website | China Coal Energy Company Website |
The China Coal Energy Company (SEHK: 1898),(SSE: 601898) (Traditional Chinese:中國中煤能源公司, Simplified Chinese: 中国中煤能源公司) (short form: China Coal or China Coal Energy) is the second largest coal mining state-owned enterprise in Mainland China, just after China Shenhua Energy Company, and the third largest coal mining enterprise in the world. 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 Mr. Jing Tianliang.
On 16 December, 2006, China Coal was listed in the Hong Kong Stock Exchange (SEHK: 1898) 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 historial P/E 43.71 times. It was listed in the Shanghai Stock Exchange on 1 February, 2008.