China Coal Energy
Public | |
Traded as | |
Industry | Coal mining |
Founded | 2006 |
Headquarters | Beijing, China |
Area served | China |
Key people | Wang An (Chairman) |
Products | Coal |
Parent | China National Coal Group (58.36%) |
Website | chinacoalenergy.com |
China Coal Energy Co., Ltd. | |||||||
Simplified Chinese | 中国中煤能源股份有限公司 | ||||||
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Traditional Chinese | 中國中煤能源股份有限公司 | ||||||
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China Coal Energy | |||||||
Simplified Chinese | 中煤能源 | ||||||
Traditional Chinese | 中煤能源 | ||||||
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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.