China Coal Energy Company
The China Coal Energy Company Limited (SEHK: 1898),(SSE: 601898) (Traditional Chinese:中國中煤能源有限公司, Simplified Chinese: 中国中煤能源有限公司) (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. Wang An.
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 historical P/E 43.71 times. It was listed in the Shanghai Stock Exchange on 1 February 2008.
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