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China Shenhua actively donates to the community and facilitates local employment and corporate development through “win-win” cooperation with the community.
 
The Company has formulated measures including “(Provisional) Administrative Measures on Donations of China Shenhua Energy Company Limited” to define provisions on the content, amount and procedures of donations. In 2009, the community donation made by China Shenhua amounted to over RMB40 million, involving the donation to the construction of local infrastructure and homes for the elderly, education funds and schools with financial aid, and financial aid to the local households to ensure heat supply in winter. After the occurrence of Typhoon Morakot, China Shenhua donated money and supplies of up to RMB10 million to help people in the affected area in China Taiwan to relieve and rebuild homes.
 
In terms of recruiting graduates and arranging employment, the Company gives priority to people from the place where the business operates to help with local employment. In terms of project construction and procurement, the Company endeavors to ensure local interests whilst maintaining equality and quality.
 
The Company has actively participated in the joint development between the enterprise and the local community and cooperated with the community where the Company operates its business, benefiting the people in the local community. In 2009, China Shenhua officially commenced the construction of Shenhua New Village in Ordos, Inner Mongolia. Shenhua New Village is the landmark project in relation to joint development of a new rural village between the Company and the local government. The Shenhua New Village project will focus on Shenhua Shendong Coal Group’s resettlement of more than 1,000 rural households are expected to be relocated in the coming five years, which can effectively solve the housing settlement issue of the rural households in the affected mines and is highly recognized by the local government and the local households.
 
In growing its business, China Shenhua actively supports the poor community, unschooled children and deprived undergraduates through the establishment of donation and education projects namely “Caring Fund”, “Jinqiu Education” and “1+1 Hope Education Project” to contribute to the education development in the places where it operates. In 2009, China Shenhua and all of its branches and subsidiaries raised a total fund of approximately RMB16 million, assisted to build school premises and replace school desks and other facilities and provided direct assistance to 677 deprived children and undergraduates in support of the local education development.

 




Updated on 2010-03-12
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