Summary by Futu AI
China Shenhua Energy Co., Ltd. ('China Shenhua') released its main operation data for May 2024 on June 16, 2024. The report shows that the production of commodity coal increased slightly to 27.4 million tons compared to the same period last year, while coal sales volume decreased slightly to 36.4 million tons. The turnover of self-owned railway transportation and Huanghua Port loading increased by 6.6% and 22.0% respectively, while the loading volume of Tianjin coal wharf and shipping cargo volume decreased by 5.0% and 8.7% respectively. The total power generation and total electricity sales both achieved growth, reaching 1.626 billion kilowatt-hours and 1.529 billion kilowatt-hours respectively. In terms of coal chemical industry, the sales volume of polyethylene and polypropylene decreased significantly, mainly due to the planned maintenance of coal-based olefin production equipment. The company emphasizes that operational data may vary between months due to various factors, and investors should not overly rely on such information as the basis for investment decisions.