Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 01088)

THIRD QUARTERLY REPORT FOR THE YEAR 2018

Pursuant to the rules and regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange, China Shenhua Energy Company Limited is required to announce this quarterly report. This announcement is made pursuant to Rule 13.09(2) and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") is pleased to announce the results of the Group for the nine months ended 30 September 2018 prepared in accordance with the International Financial Reporting Standards ("IFRSs"). Such results have not been audited or reviewed by the independent auditors.

1. IMPORTANT NOTICE

  • 1.1 The Board and the supervisory committee of the Company together with the directors, supervisors and the senior management of the Company guarantee that the contents of the quarterly report are true, accurate and complete and do not contain any false representation, misleading statement or material omission, and shall jointly and severally accept legal liability.

  • 1.2 This report was approved at the fourteenth meeting of the fourth session of the Board of the Company. 9 out of 10 eligible directors (each a "Director") attended the meeting in person. Gao Song, a Director, requested for leave due to business engagement and approved Mi Shuhua, a Director, to attend the meeting and vote on behalf of him.

  • 1.3 Ling Wen, Chairman of the Board of the Company, Zhang Kehui, Chief Financial Officer of the Company and Ban Jun, Head of the Accounting Department of the Company, guarantee the truthfulness, accuracy and completeness of the financial statements contained in this quarterly report.

  • 1.4 The financial statements of the third quarterly report of the Company are prepared in accordance with IFRSs, but have not been audited. Please refer to section 2.2 of this report for the major differences between the financial statements prepared under the IFRSs and those under the Accounting Standards for Business Enterprises of PRC.

2. COMPANY PROFILE

From January to September 2018, China Shenhua adhered to the leadership of the Party, strengthened the establishment of the Party, advanced the Company's high-quality development and maintained at high level in various operating indicators. China Shenhua ranks fifth in the S&P Global Platts Top 250 Global Energy Company Rankings for 2018.

2.1 Major financial data

January to September 2018

January to September 2017

Percentage change

(%)Revenue(RMB million)

Profit before income tax(RMB million)Profit for the period(RMB million)Profit attributable to equity holders of the Company for the period

194,084 58,249 45,572 37,207

182,535 6.3

56,797 2.6

45,760 (0.4)

38,610 (3.6)

(RMB million)

Basic earnings per share (RMB/share) Net cash generated from operating activities(RMB million)

Net cash generated from operating activities excluding the impact of Shenhua Finance Company(RMB million)

1.871 67,822 58,233

1.941 (3.6)

83,814 (19.1)

71,038 (18.0)

Net cash inflow per share generated from operating activities(RMB/share)

3.41

4.21 (19.1)

As at 30

As at 31

Percentage

September 2018

December 2017

change

(%)

Total assets(RMB million)

603,946

571,602

5.7

Total liabilities(RMB million)

198,282

192,497

3.0

Total equity(RMB million)

405,664

379,105

7.0

Equity attributable to equity holders of

324,647

305,541

6.3

the Company(RMB million)

Shareholders' equity per share

16.32

15.36

6.3

(RMB/share)

2.2 Major differences of financial statements prepared under different accounting standards

Unit: RMB million

Net profit attributable to Net assets attributable to equity holders of the Company equity holders of the Company

January toJanuary toAs at 30As at 31SeptemberSeptemberSeptemberDecemberItems

2018201720182017

Under the Accounting Standards for Business Enterprises Adjustment:

35,278

35,649

320,929301,487

Simple production maintenance, production safety and other related expenditures Under IFRSs

1,929

2,961

3,7184,054

37,207

38,610

324,647305,541

Explanation:Pursuant to the relevant regulations of the related government authorities in the PRC, provisions for simple production maintenance, production safety and other related expenditures are accrued by the Group in profit or loss for the current period and separately recorded as a specific reserve in shareholders' equity. On utilisation of the specific reserve for formation of fixed assets within the stipulated scope, the cost of the relevant assets and the full amount of accumulated depreciation should be accounted for at the same time. Under IFRSs, these expenses are recognized as and when incurred. Relevant capital expenditure is recognized as property, plant and equipment when incurred and depreciated according to the relevant depreciation method. The effect on deferred tax arising from such difference is also reflected.

2.3 Major operational data

Operational indicators

Unit

(I) Coal

1 Commercial coal production million tonnes

2018

July to January to

2017

July to January toPercentage change(%)

July to January toSeptember SeptemberSeptember September September September

2. Coal sales

million tonnes

74.2 114.7

220.0 340.0

69.6 107.8

221.3 328.3

6.6 (0.6) 6.4 3.6

(II) Power generation

  • 1. Gross power generationbillion kwh

  • 2. Total power output dispatch billion kwh

80.07 75.06

213.66 200.44

c74.61 69.76

c196.66 184.19

7.3 8.6 7.6 8.8

(III)Coal chemical

  • 1. Sales volume of polyethylene

  • 2. Sales volume of polypropylene

kilo tonnes

67.8

239.4

c79.9

c251.7

(15.1) (4.9)kilo tonnes

60.7

221.0

67.4

237.8

(9.9) (7.1)

(IV)Transportation

  • 1. Turnover of self-owned railway transportation

  • 2. Seaborne coal

    Of which: Via Huanghua

    Port

    Via Shenhua

    Tianjin Coal

    Dock

  • 3. Shipment volume

  • 4. Shipment turnover

billion tonne km

72.8

211.4

c69.3

c205.7

5.1 2.8

million tonnes million tonnes

69.6 50.7

199.1 142.7

63.9 45.4

195.7 137.1

8.9 1.7 11.7 4.1

million tonnes

11.1

33.8

11.5

32.7

(3.5) 3.4

million tonnes billion tonne nautical miles

26.5 22.5

78.1 67.6

24.1 20.4

70.1 60.3

10.0 11.4 10.3 12.1

2.4

Total number of shareholders and shareholding of top ten shareholders and top ten holders of tradable shares (or shares not subject to selling restrictions) at the end of the reporting period

Name of shareholder (in full)

Total number of shareholders

187,276

Including: Holders of A shares (including China Energy)

185,114

Registered holders of H shares

2,162

Unit: shares

Shareholding of top ten shareholders

Number

of shares

Number of shares held at the end of the period

China Energy Investment Corporation Limited HKSCC NOMINEES LIMITED

China Securities Finance Corporation Limited Central Huijin Asset Management Ltd Hong Kong Securities Clearing Company Limited Bank of Communications - E Fund 50 Index Securities Investment Fund Industrial & Commercial Bank of China - SSE Index 50 Trading Open-end Index Securities Investment Fund Monetary Authority of MacaoÑOwn fund Haitong Securities Co., Ltd. National Social Security Fund

113 Package (Ό਷ٟڭ ਿږɓɓɧଡ଼Υ)

14,530,574,452

held subject to selling restrictions

Shares pledged or frozenStatus of

Percentage

sharesNumber

Nature of shareholder

(%)

73.06 17.05

  • 0 NilN/AState

    3,390,518,296

    594,700,485 110,027,300

    2.99 0.55 0.32 0.10

    0 0 0 0

  • 0 UnknownNil

N/AN/AForeign legal person Others

Nil

N/AState

64,491,581 20,280,967

Nil

N/AForeign legal person

Nil

N/A

Others

17,357,308

0.09

0

Nil

N/A

Others

10,144,552

10,000,414 9,257,986

0.05 0.05

0.05

0 0

0

Nil Nil

NilN/A N/A

N/AForeign legal person Others State

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CSEC - China Shenhua Energy Company Ltd. published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 14:51:27 UTC