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Xinjiang Shenhuo’s cumulative profit for January–October has exceeded RMB 1 billion!
2026-03-10
“With the wind at our backs and waves to conquer, we shall hoist our sails and cross the vast sea!” In October, Xinjiang Shenhuo Company is expected to post a profit of RMB 177.8 million, continuing its strong streak of monthly profits exceeding RMB 100 million for the seventh consecutive month since April. As a result, the company’s cumulative profit from January to October has surpassed RMB 1 billion, with all key performance indicators reaching their highest levels since the company’s inception.
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 safety‑standardized work teams and conducted a fourth‑quarter safety campaign, ensuring stable and safe production; second, intensified inspections of environmental protection equipment, with all online monitoring hourly averages meeting regulatory standards; third, continued to optimize operational indicators, recording an anode carbon block consumption of 468 kg per ton of aluminum ingot, a standard coal consumption of 340 g/kWh, and an anode carbon block pass rate of 99.1%; and fourth, actively expanded external sales of carbon products and liquid aluminum, shipping 3,676 tons of prebaked anodes and 6,834 tons of liquid aluminum during the month.
◆Coal Company: October profits expected to exceed 100 million yuan.
As the coal market recovers and prices continue to rise, Shenhuo Coal Industry’s performance has steadily improved. The company has maintained its upward earnings trend since June of this year, with October profits expected to surpass the 100-million-yuan mark, reaching an estimated 112 million yuan.
News Link: In October, the price increase of Shenhuo coal reached a record high.
Driven by national policies aimed at reducing excess coal capacity, environmental regulations, and transportation initiatives, coupled with robust demand from downstream steel and coking plants, refined coal achieved a balance between production and sales in October, with prices surging past the RMB 1,000 mark and posting the highest monthly gain on record.
Among them, Yongcheng smokeless premium coal: by rail, prices were raised twice—on October 1 and October 15—by a cumulative RMB 260 per ton, with the delivered‑at‑rail price now at RMB 990 per ton, up 35.62% month-on-month and 44.83% year-on-year; for local sales, prices were increased twice—on October 9 and October 14—by a cumulative RMB 170 per ton, with the mine‑gate price now at RMB 1,000 per ton, surpassing the RMB 1,000 mark, up 36.99% month-on-month and 47.79% year-on-year.
Xuchang Lean Coal: For rail shipments, prices were raised by a cumulative RMB 250 per ton on October 1, 10, and 20, with the ex‑rail‑car price now at 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 mine‑gate 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‑mine coal price, excluding taxes, stood at RMB 713.34 per tonne (excluding power plants), up RMB 330.35 per tonne year over year and RMB 247.93 per tonne month over month. Year-to-date, the cumulative tax‑exclusive price was RMB 434.84 per tonne, RMB 38.04 per tonne higher than the planned tax‑exclusive price of RMB 396.8 per tonne.
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