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Shenergy Co., Ltd. was established from restructuring of the former Shenergy Electric Power Development Company. In April, 1993, the company’s stock was listed in Shanghai Securities Exchange, and became the first listed company in the electric power and energy industry in China. As of Dec 31, 2013, the company had total equities of 4,552,038,316 shares. The company’s main business includes the investment, construction, operation and management of electric power, petroleum and natural gas. With the operation idea of “Sharp Exploration and Stable Operation”, after twenty years of development, the company has been continuously expanding its industrial scale and stably increased its profitability. As of the end of 2013, the company had total assets of RMB 41.41 billion and net assets of RMB 21.14 billion. In 2013, the company realized net profit of RMB 2.45 billion with earnings per share of RMB 0.537. The company currently has installed capacity of equity-participating generator units of 7.27 million KW and installed capacity of controlled generator units of 6.67 million KW, accounting for about 1/3 of the total installed capacity of generator sets in Shanghai. In 2013, the company completed equity-participating electricity production of 30.75 billion KWH, and the company’s average net coal consumption rate in the system is 289.57g/KWH, which is in advanced level in the industry in China. In 2013, the company produced 79.4 thousand tons of crude oil, 235 million mof natural gas; the pipe network company supplied 6.871 billion mof natural gas.
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