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Xinjiang Shenhuo Posts Over RMB 1 Billion in Cumulative Profits for January–October!
2026-03-10
“When the strong winds finally part the waves, we shall hoist our sails and cross the vast blue sea!” In October, Xinjiang Shenhuo Co., Ltd. is expected to post a profit of RMB 177.8 million, continuing the impressive streak since April of seven consecutive months in which monthly profits have exceeded RMB 100 million. As a result, the company’s cumulative profit for January–October has now surpassed RMB 1 billion, with all key performance indicators reaching their highest levels since the company’s founding.
In addition to robust performance growth, Xinjiang Shenhuo Company has achieved record-high levels in both workplace safety and key product consumption metrics. In October, the company: first, launched initiatives to establish model standardized safety teams and conducted a fourth-quarter intensive safety campaign, thereby ensuring safe and stable production; second, strengthened inspections of environmental protection equipment, with all monthly average online monitoring values meeting regulatory standards; third, continued to optimize key performance indicators, recording an anode carbon block consumption of 468 kilograms per ton of aluminum ingot, a standard coal consumption for power supply of 340 grams per kilowatt-hour, and an anode carbon block qualification rate of 99.1%; and fourth, actively expanded exports of carbon products and liquid aluminum, shipping 3,676 tons of pre-baked anodes and 6,834 tons of liquid aluminum abroad in October.
◆Coal Company: October Profit Expected to Exceed RMB 100 Million
As the coal market recovers and prices continue to rise, Shenhuo Coal Industry Co., Ltd. has seen its financial performance steadily improve. The company has maintained the upward trend in profitability that began in June of this year, with October profits expected to surpass RMB 100 million, reaching an estimated RMB 112 million.
News Link: October Coal Price Increase at Shenhuo Hits Record High
Driven by coal-capacity-reduction initiatives, environmental protection measures, and transportation policies in beneficiary countries, as well as robust demand from downstream steel and coking plants, refined coal achieved a balance between production and sales in October, with coal prices breaking the RMB 1,000 per ton mark and posting the largest monthly increase on record.
Specifically, for smokeless refined coal in Yongcheng: by rail, prices were raised twice on October 1 and October 15, with a cumulative increase of RMB 260 per ton, bringing the ex-railhead price to RMB 990 per ton—up 35.62% month-on-month and 44.83% year-on-year; for local sales, prices were raised twice on October 9 and October 14, with a cumulative increase of RMB 170 per ton, setting the mine-gate price at RMB 1,000 per ton—a breakthrough above the RMB 1,000 mark—up 36.99% month-on-month and 47.79% year-on-year.
Xuchang Lean Coking Coal: For rail shipments, prices were raised by a cumulative RMB 250 per ton on October 1, 10, and 20, bringing the ex‑rail price to RMB 1,115 per ton—up 28.90% month on month and 47.62% year on year. For local sales, prices were increased by a cumulative RMB 250 per ton on October 9, 15, and 26, with the ex‑mine price now at RMB 1,190 per ton—up 26.60% month on month and 45.45% year on year.
As of October 24, the month-to-date average ex-factory coal price, excluding tax, stood at RMB 713.34 per tonne (excluding power plants), up RMB 330.35 per tonne year on year and RMB 247.93 per tonne month on month; the year-to-date cumulative ex-tax average was RMB 434.84 per tonne, RMB 38.04 per tonne above the planned ex-tax average of RMB 396.8 per tonne.
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