- Business
- Henan Shenhuo Coal Industry and Electricity Power Corporation Limited (000933.SZ) is a China-based company principally engaged in the production, processing and sale of electrolytic aluminum and coal products; power generation and supply; as well as trading and other related activities. The company produces liquid aluminum, aluminum ingots, aluminum alloys, aluminum profiles including cast-rolled coils, cold-rolled coils, food aluminum foil, pharmaceutical aluminum foil and high-precision electronic electrode aluminum foil; coal products such as anthracite, lean coal, lump coal, washed and mixed coal and coke; mechanical processing products; and carbon products including anode carbon blocks. It operates through segments encompassing electrolytic aluminum, coal, power generation, aluminum processing, trading and headquarters/other, with primary mining and production facilities in Henan province including Yongcheng, Xuchang and Zhengzhou areas, as well as operations extending to Xinjiang and Yunnan; the company generated majority of its sales from mainland China, supplemented by exports to other regions. Founded in 1998 and headquartered in Yongcheng, Henan province, the company changed its name from Henan Shenhuo Coal & Power Co., Ltd. to its current form in February 2024. Recent developments include the completion of acquisitions enhancing its stake in subsidiary Yunnan Shenhuo Aluminum Co., Ltd., an ongoing share repurchase program through which it acquired approximately 15.42 million shares representing 0.686% of total share capital for RMB 255 million as of October 2025, involvement in new coal projects such as subsidiary Xinjiang Coal and Power's development of the Zhundong Wucaiwan No. 5 open pit mine to boost resource self-sufficiency, joint establishment of a high-quality industrial investment and development partnership with a capital contribution of RMB 1.512 billion, and promotion of the spin-off listing of Henan Shenhuo Carbon New Materials Co., Ltd. to support aluminum processing expansion.