China Shenhua Energy : ANNOUNCEMENT ON THE MAJOR OPERATIONAL DATA OF NOVEMBER 2019

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(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01088)

ANNOUNCEMENT ON THE MAJOR OPERATIONAL DATA

OF NOVEMBER 2019

(Overseas Regulatory Announcement)

The board of directors of China Shenhua Energy Company Limited (the "Company") together with the directors thereof guarantee that the information contained in this announcement does not contain any false statements, misleading representations or material omissions, and all of them jointly and severally accept responsibility as to the truthfulness, accuracy and completeness of the content of this announcement.

			2019		2018	YoY Change (%)
OperationalIndicators	Unit
Nov.		Accumulative	Nov.		Accumulative	Nov.	Accumulative
				Total			Total		Total
(I) Coal
1.Commercial coal production	Milliontonnes	22.9		258.5	25.7		271.3	(10.9)	(4.7)
2.Coal sales	Milliontonnes	37.8		403.2	38.7		417.1	(2.3)	(3.3)
(II)Transportation
1. Transportationturnoverof	Billiontonne	23.9		262.0	25.3		260.3	(5.5)	0.7
self-owned railways	kilometres
2.Seaborne coal sales	Milliontonnes	23.3		243.8	23.4		245.0	(0.4)	(0.5)
Of which: viaHuanghuaPort	Milliontonnes	15.6		170.8	17.1		175.6	(8.8)	(2.7)
via Shenhua Tianjin	Milliontonnes	3.6		40.6	3.2		40.9	12.5	(0.7)
Coal Dock
3.Shippingvolume	Milliontonnes	8.6		101.1	8.6		95.9	0.0	5.4
4.Shipment turnover	Billiontonne	7.6		82.6	7.4		83.2	2.7	(0.7)
	nautical miles
(III)Power
1. Gross powergeneration	Billionkwh	11.73		139.35	23.33		258.44	(49.7)	(46.1)
2. Total power output dispatch	Billionkwh	11.02		130.70	21.98		242.47	(49.9)	(46.1)
(IV) CoalChemicals
1.Polyethylene sales	Thousandtonnes	22.0		287.0	28.2		293.3	(22.0)	(2.1)
2.Polypropylene sales	Thousandtonnes	26.1		271.8	26.8		272.8	(2.6)	(0.4)

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In November 2019, the main reason for the year-on-year decrease in commercial coal production of the Company is that the output of commercial coal in Shengli No.1 open-pit mine decreased, affected by the progress of procedures for mining land of the mining site. At present, the procedures for mining land have been completed and the stripping operation has been resumed, resulting in gradual recovery of output; the output of commercial coal in Heidaigou open-pit mine and Bu'ertai Mine decreased, as a result of the change of geological mining conditions; and the output of commercial coal in Wanli No.1 Mine decreased, due to the progress of procedures for mining certificates. The Company is actively taking measures to promote related work.

In November 2019, the main reason for the year-on-year decreases in power generation and power output dispatch of the Company is that the assets contributed by the Company are no longer consolidated to the consolidated financial statements upon completion of the transaction of the establishment of a joint venture company. For details, please refer to the H shares announcement dated 31 January 2019 and the A shares announcement dated 1 February 2019 of the Company, respectively.

In November 2019, the main reason for the year-on-year decrease in sales of polyethylene of the Company is that the production systems of polyethylene had not yet resumed normal operation completely, due to the overhaul of coal-to-olefin equipment in October 2019.

The major operational data above were calculated based on the internal settled statistics of the Company. Operational data may show major differences from month to month. The factors giving rise to such differences include, among others, changes in weather, equipment overhaul, seasonal factors and safety inspection. The major operational data may somewhat differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

By order of the Board

China Shenhua Energy Company Limited

Huang Qing

Secretary to the Board of Directors

Beijing, December 17, 2019

As at the date of this announcement, the Board comprises the following: Mr. Wang Xiangxi, Dr. Li Dong, Mr. Gao Song and Mr. Mi Shuhua as executive directors, Mr. Zhao Jibin as non-executive director, and Dr. Tam Wai Chu, Maria, Dr. Peng Suping, Dr. Jiang Bo and Ms. Zhong Yingjie, Christina as independent non-executive directors.

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