What is the establishment of Shenhua’s formal employees?

The company’s employees are state-owned enterprises.

Shenhua Group Co., Ltd. was approved by the State Council in October 1995 and established in accordance with the "Company Law" as a wholly state-owned company. It is a large-scale comprehensive energy enterprise and a state-owned enterprise. Its employees are state-owned enterprises.

The establishment of state-owned enterprises refers to the establishment of formal employees of state-owned enterprises. Personnel in the establishment of state-owned enterprises enjoy direct allocations from the state, five insurances and one housing fund, and various state-mandated benefits.