China Shenhua released April 2026 operational data showing mixed performance across business segments following the consolidation of newly acquired assets.

Coal • Commercial coal production fell 2.90% year-on-year (YoY) to 40.60 million tonnes; the four-month total dropped 4.00% to 165.50 million tonnes. • Coal sales were largely stable at 51.10 million tonnes (+0.20% YoY), lifting the January–April volume 1.30% to 199.20 million tonnes.

Transportation • Self-owned rail turnover increased 6.70% YoY to 28.70 billion tonne-kilometres; the cumulative figure rose 7.60% to 107.00 billion tonne-kilometres. • Huanghua Port loading held flat YoY at 19.00 million tonnes, but the four-month tally climbed 7.40% to 73.80 million tonnes. • Tianjin Coal Dock loading advanced 2.60% YoY to 4.00 million tonnes, taking the cumulative rise to 10.20% at 15.10 million tonnes. • Shipping volume edged up 0.90% YoY to 23.20 million tonnes, pushing the January–April total 5.10% higher to 80.60 million tonnes. Shipment turnover added 0.40% YoY to 24.50 billion tonne-nautical miles; cumulative growth reached 5.90% at 80.60 billion tonne-nautical miles.

Power • Gross power generation surged 14.80% YoY to 22.22 billion kWh in April, supported by newly commissioned units and a low prior-year base. Year-to-date output expanded 9.20% to 93.22 billion kWh. • Total power output dispatch mirrored this trend, up 14.60% YoY to 20.84 billion kWh in April and 9.20% higher at 87.56 billion kWh for the first four months.

Coal Chemicals • Polyethylene sales declined 6.00% YoY to 86.80 thousand tonnes, though the cumulative volume grew 2.30% to 333.30 thousand tonnes. • Polypropylene sales slipped 4.20% YoY to 93.50 thousand tonnes, resulting in a 1.30% decrease to 381.40 thousand tonnes year-to-date.

Management noted that monthly operational variability can stem from weather, maintenance, seasonal factors and safety checks. The prior-year data were retrospectively adjusted to reflect asset consolidation completed by the end of April 2026.