|
 |
 |
| |
FAQ |
|
| |
1. Could you explain the recent resources tax raise
by Chinese government and its impact on China Shenhua?
A: China State Administration of Taxation raises the resources tax
paid by coal producers in Inner Mongolia from RMB2.3 to 3.2 starting
1st January.
Inner Mogolia's production will occupy about half of China Shenhua’
s total sales volume in 2006.China Shenhua will pay resources tax
according to the new tax rate. But since that is not a huge increase,
it will not affect China Shenhua’s profit a lot.
2. Could you introduce the recent situation of shutting down small
mines?
A: According to the news reported by China State Administration of
Work Safety, there are 12990 small mines has been stopped production
and 5290 small mines has been shut down by 3rd January, 2006.
3. Q: Where is CSEC's registered office?
A:CSEC's registered office is at Shenhua Tower 22 Andingmen Xibinhe
Road, Dongcheng District, Beijing China.
4. Q: Where is CSEC's principal place of business?
A: CSEC's principal place of business is at Zhouji Tower, 4th Floor
16 Ande Road, Dongcheng District, Beijing China.
5. Q: What is CSEC's business address in Hong Kong?
A: CSEC's business address in Hong Kong is Unit B, 60th Floor Bank
of China Tower, 1 Garden Road, Central Hong Kong.
6. Q: On which date did Shenhua's stock start being listed?
A: H share was on June 15th, 2005 and A share was on October 9th,
2007.
7. Q: What’s the offer price of Shenhua's share?
A: The H share offer price is HK$7.50 per share and the A share offer
price is RMB36.99 per share.
8. Q: What's the current share structure of China Shenhua?
A: China Shenhua has a total of 19.89 billion shares with Shenhua
Group’s holding of 14.69 billion, representing 73.86% interest
and H shares of 3.40 billion, representing 17.09% interest and A shares
of 1.80 billion, representing 9.05% interest.
|
| |
|
