Henan Shen Huo Coal & Power Co., Ltd.
神火股份
000933
Shenzhen Stock Exchange
Company Profile
Aluminum Industry (1)Cost Advantages Xinjiang Electrolytic Aluminum Project: Benefiting from abundant coal resources and low mining costs, Xinjiang offers stable electricity prices, making it the region with the most competitive power costs among China’s major electrolytic aluminum production bases. The company’s Xinjiang electrolytic aluminum project is located in the middle of the Zhundong Coalfield, the largest integrated coalfield in China. To fully leverage the cost advantages for power generation efficiency, the company has constructed supporting facilities, including an annual 400,000-ton anode carbon block production line and 4×350 MW coal-fired power generating units. This forms a 800,000-ton annual electrolytic aluminum industrial chain. Additionally, a coal conveyor belt corridor connects coal mining areas to power plants, significantly reducing logistics costs while ensuring long-term, stable coal supply unaffected by seasonal or environmental factors. Yunnan Electrolytic Aluminum Project: The company’s Yunnan electrolytic aluminum project utilizes clean hydropower as its primary energy source. Located just 120 kilometers from Baise, Guangxi—a major alumina production hub—the project is strategically positioned near the high-demand aluminum markets of South China, the rapidly growing western regions, and key aluminum-consuming countries in Southeast and South Asia. This proximity ensures clear logistics cost advantages. (2)Low-Carbon Advantages Thanks to its high proportion of green electricity from hydropower, Yunnan Shenhuo Aluminum Industry Co., Ltd became one of China’s first enterprises certified to produce and sell green electricity-aluminum products, giving it a distinct low-carbon edge. In Xinjiang, the company has partnered with China Power International Development Limited to jointly invest in an 800 MW wind power project aimed at replacing coal power with green electricity. Once operational, this project will significantly increase the "green" and reduce the carbon footprint of its aluminum products. II. Coal Industry (1) Product Advantages The company is a leading supplier of pulverized coal injection (PCI) for blast furnaces in China’s metallurgical industry. Its primary products—anthracite and lean coal—are rare coal types with a premium clean coal yield of approximately 75%, ranking among the highest in the industry. Coal from the Yongcheng Mining Area is high-calorific, low-sulfur, low-phosphorus, and medium-low ash anthracite, making it an ideal clean fuel for metallurgy, power generation, and chemical industries. The “Yongcheng” brand anthracite enjoys strong market recognition. Lean coal from the Xuchang Mining Area has a high caking index, enabling its use as a blending coal for coking coal, which meets robust market demand. The company’s superior product quality and brand reputation underpin its competitive market position. It has established stable strategic partnerships with major domestic metallurgical enterprises such as Baowu Steel Group. (2) Geographic Advantages The company’s active coal mines are located in Yongcheng and Xuchang, Henan Province, adjacent to economically developed regions in Central and East China. With well-developed road and rail networks, the mines benefit from stable market demand and significant geographic advantages. Anthracite from Yongcheng is primarily sold to Jiangsu, Anhui, and Zhejiang. Lean coal from Xuchang (near Wuhan) is mainly supplied to Hubei, Hunan, and Jiangxi. The company also operates dedicated railway lines, further reducing logistics costs and enhancing economic efficiency. III. Aluminum Foil Industry (1) First-Mover and Advanced Equipment Advantages Since entering the aluminum foil industry in 2004, the company has cultivated a team of skilled professionals in R&D, production, sales, and management. Using Achenbach Buschhütten GmbH & Co. KG’s aluminum foil rolling mills, which excel in precision, efficiency, and smart manufacturing. This advanced setup enables diversified product layouts, high yield rates, and reduced operational risks and costs. These strengths support long-term client relationships and lay the foundation for expanding market share. (2) Product Advantages The company specializes in high-end aluminum foil products, including precision battery foil, dairy/food packaging foil, and pharmaceutical foil. Over 20 years of R&D and innovation have secured partnerships with top-tier global clients. Notably, the company has achieved stable mass production of ultra-thin 4.5μm foil and 8μm both shiny-sided battery foil, which are highly sought after by downstream customers. Sunho New Materials Technology Co., Ltd’s battery foil is reliably supplied to leading battery manufacturers in China, backed by its exceptional product quality.
Full description
The company's core business encompasses the production, processing, and sales of aluminum products and coal, as well as power generation and supply. Aluminum Business: Primary products include electrolytic aluminum and its deep-processed derivatives, renowned for superior quality. Electrolytic aluminum products: Liquid aluminum and aluminum ingots, primarily used in construction, power, and transportation industries. Aluminum foil products: Food-grade foil, pharmaceutical foil, and high-precision electronic electrode foil, mainly applied in food packaging, pharmaceuticals, and new energy battery sectors. The company and wholly-owned subsidiary "Xinjiang Shenhuo Carbon Products Co., Ltd" produce anode carbon blocks. Wholly-owned subsidiary Xinjiang Shenhuo Coal Co., Ltd. and majority-owned subsidiary Yunnan Shenhuo Aluminum Industry Co., Ltd specialize in electrolytic aluminum production. Capacity (as of December 31, 2024): Electrolytic aluminum: 1700,000 tons/year (Xinjiang Coal & Power: 800,000 tons/year; Yunnan Shenhuo: 900,000 tons/year). Power generation capacity: 1,400 MW. Anode carbon blocks: 400,000 tons/year (with an additional 400,000 tons under construction at Yunnan Shenhuo). Coal Business: Products include coal and formed coke, characterized by low sulfur, low phosphorus, medium-low ash content, and high calorific value. Product categories: Clean coal, lump coal, washed mixed coal, and formed coke, primarily serving metallurgy, chemical, and power industries. The company maintains a complete coal mining and processing infrastructure. Capacity (as of December 31, 2024): Controlled coal reserves: 1.286 billion tons (proven recoverable reserves: 587 million tons). Annual coal production: Over 8.55 million tons/year, distributed across Yongcheng, Zhengzhou, Xuchang, and other regions. Aluminum Processing Business: Sunho New Materials Technology Co., Ltd: Produces high-precision electronic electrode foil. Shanghai Sunho Aluminum Foil Co., Ltd: Produces food-grade and pharmaceutical foils. Shangqiu Yangguang Aluminum Material Co., Ltd.: Supplies aluminum foil base materials. Capacity (as of December 31, 2024): Aluminum foil: 140,000 tons/year (Shenhuo New Materials: 115,000 tons/year; Shanghai Aluminum Foil: 25,000 tons/year; with an additional 110,000 tons under construction at Yunnan New Materials). Aluminum foil base materials: 155,000 tons/year.