Shenhua Group opens up a new era of China’s coal industry. Now we are the largest coal provider in the world. We have been awarded “China Grand Award of Industry”, which is the highest honor in China. Many world records have been achieved by Shenhua Group in coal production and coal production of a single team working at a single face.In 2006，under the guideline of scientific development philosophy and our objective of “to expand, restructure, grow and prosper”, Shenhua Group actively pushed forward the building an enterprise featuring safety performance, quality & efficiency, technology & innovation, resource preservation and harmonious development, enhanced management & innovation, therefore we achieved greater profitability, and took the lead China’s work safety. China Shenhua’s share price went up steadily. Shenhua Group substantially increased its total installed capacity, completed stage objective of DCL project, greatly improved transportation capacity of our railways and ports, and attained significant results in self-innovation. These achievements have laid a solid foundation for our development in the Eleventh Five-Year Plan. Shenhua Group carried out reform to assure a creative development. We acquired Ningxia Coal Industry (Group) Corporation Ltd, and restructured our non-listed technological entities. China Shenhua was among the few companies with the best financial performance in the international capital market in 2006. Shenhua Group also achieved good results in separation of auxiliary businesses from major businesses, inrestructuring of auxiliary businesses and in separation of social function from the corporate entity. As at 31stDec. 2006, we had 150,447 thousand employees with registered capital of RMB 246.4 billion.

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