China Shenhua Energy Raises China Railway's Annual Total Revenue Cap for Transportation Services

MT Newswires Live

2025/07/28

China Shenhua Energy (SHA:601088, HKG:1088) decided to increase this year's total revenue cap for China Railway Group (SHA:601390, HKG:0390) to a total of 15 billion yuan from 7.40 billion yuan amid plans to launch a new logistics business model, according to a Saturday disclosure on the Hong Kong bourse.

Shares of the Chinese coal mining company on the Hong Kong and Shanghai bourses both fell over 1% during Monday's morning trade.

The total revenue will be related to the provision of various products and services from China Shenhua Energy to the railway company.

The amount includes the provision of transportation services, which will be raised to 6 billion yuan from 200 million yuan, and the provision of other products and services to 2 billion yuan from 200 million yuan.

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