China National Energy Group, formally known as China Energy Investment Corporation Co., Ltd. (国家能源投资集团有限责任公司), abbreviated as CHN Energy, was established on November 28, 2017, following the merger of China Guodian Corporation and Shenhua Group. It is the world's largest company in coal mining, thermal power, wind power, and coal-to-liquids industry, ranking 92nd on the Fortune Global 500 list in 2025.
Business Scope
CHN Energy operates across integrated industrial chains including coal, electric power, transportation, and chemical industries. As of early 2025, the company has total assets of 2.35 trillion yuan and employs 310,000 people. Its operations span all 31 provinces, autonomous regions, and municipalities across China, plus more than 10 countries including the United States and Canada.
Key Production Capacities
- Coal output: 700 million tons/year
- Total installed power capacity: 370 million kilowatts
- Railway transport: 4,251 kilometers (including 2,708 km of dedicated coal transport lines)
- Port throughput capacity: 290 million tons/year
- Chemical production: 29.18 million tons/year
Corporate Structure
Listed Subsidiaries:
The company has two A+H listed companies and four A-share listed companies. It is a state-owned enterprise directly administered by the central government, serving as a pioneer in SOE restructuring, state-owned capital investment reform, and efforts to build a world-class energy company:
- China Shenhua Energy Company Limited (中国神华能源股份有限公司) - dual-listed A+H shares
- CHN Energy Changyuan Electric Power Co., Ltd. (国家能源长源电力股份有限公司, stock code: 000966) - listed on Shenzhen Stock Exchange since March 16, 2000
- Four additional A-share listed companies
Coal Chemical and Conversion Subsidiaries:
- CHN Energy Ningxia Coal Industry Co., Ltd. (国家能源宁夏煤业有限公司)
- Located in East Ningxia Chemical Industry and Energy Base
- Operates China's largest coal-to-liquids (CTL) demonstration project
- Ranks first in China for CTL and aramid production capacity
- Ranks second in green hydrogen production capacity
- Contributes over one-fifth of China's coal-based olefins production
- Shenhua Yulin Coal Comprehensive Utilization Project
- Located in Yushen Industrial Park, Yulin, Shaanxi Province
- Operates 4 million tons/year coal-to-methanol capacity
- Produces 1.8 million tons/year polyolefins
- Other Chemical Operations:
- The East Ningxia Chemical Base alone achieved chemical product sales of 2.51 million tons from January to May 2024. This base is the first chemical industrial park in western China with annual output exceeding 100 billion yuan, accounting for nearly 30% of Ningxia's total industrial economy.
- The company also operates through CHN Energy Chemical Industry Co., Ltd. and various regional coal chemical complexes that integrate coal conversion technologies including coal-to-methanol, coal-to-olefins, coal-to-liquids, and CCUS (carbon capture, utilization, and storage) projects.
