China Coal Energy

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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
Traditional Chinese 中國中煤能源股份有限公司
China Coal Energy
Simplified Chinese 中煤能源
Traditional Chinese 中煤能源

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.[citation needed] 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,[citation needed] 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.[citation needed] It was listed in the Shanghai Stock Exchange on 1 February 2008.

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