Form 6-K
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SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2018

Commission File Number:    1-12158

 

 

Sinopec Shanghai Petrochemical Company Limited

(Translation of registrant’s name into English)

 

 

No. 48 Jinyi Road, Jinshan District, Shanghai, 200540

The People’s Republic of China

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

 

 

 


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EXHIBITS

 

Exhibit

Number

    
99.1    Major Operating Data of the 2017 Financial Year.


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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED
Date: February 8, 2018     By:  

/s/ Wu Haijun

    Name:   Wu Haijun
    Title:   President


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Exhibit 99.1

 

LOGO

(A joint stock limited company incorporated in the People’s Republic of China)

Major Operating Data of the 2017 Financial Year

According to Rule 18 of the Guidelines of the Shanghai Stock Exchange for Industry Information Disclosure No.18—Chemical Industry, Sinopec Shanghai Petrochemical Company Limited (the “Company”) announced the major operating data for the twelve months ended 31 December 2017:

I. Major operating data of the 2017 financial year

 

Product

   Production
volume

(10,000 tons)
     Sales volume
(10,000 tons)
     Sales revenue
(1,000 RMB)
 

Petroleum products

 

Diesel note 1

     386.38        338.87        16,201,751  

Gasoline

     316.61        317.15        20,844,321  

Jet Fuel note 1

     157.41        75.13        2,679,144  

Intermediate petrochemicals

 

PX note 2

     63.29        41.32        2,385,401  

Benzene note 1

     34.06        31.97        1,812,902  

Ethylene Glycol note 2

     41.11        29.34        1,838,152  

Ethylene Oxide

     14.64        14.25        1,181,358  

Ethylene note 2

     76.69        0.55        48,084  

Resins and plastics

 

PE

     47.13        46.25        4,343,010  

PP

     48.18        44.02        3,568,570  

Polyester chips note 1 note 2

     41.26        31.52        2,090,735  

Synthetic fibres

 

Acrylics

     13.19        13.26        1,721,908  

Polyester

     4.58        3.93        330,425  

Note 1: Sales exclude materials processed on a sub-contract basis.

Note 2: Part of the difference between the production volume and sales volume is internal use.

The above data for sales volume and sales revenue do not include the data for the Company’s trading of petrochemical products.


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II. Change in prices of major products and raw materials in the 2017 financial year

Unit: RMB yuan/ton

 

Product

   The average price
in the 2017
financial year
     The average price
in the 2016
financial year
     Change  

Diesel

     4,781        4,614        3.63

Gasoline

     6,572        5,951        10.45

Jet Fuel

     3,566        2,841        25.52

Ethylene

     8,743        6,875        27.16

PX

     5,772        5,282        9.28

Benzene

     5,671        4,310        31.57

Ethylene Glycol

     6,264        4,751        31.85

Ethylene Oxide

     8,290        7,234        14.60

PE

     9,390        8,491        10.58

PP

     8,107        7,336        10.50

Polyester chips

     6,634        5,593        18.62

Acrylics

     12,983        10,795        20.27

Polyester

     8,413        6,322        33.08

Raw material

   The average
processing cost in
the 2017 financial
year
     The average
processing cost in
the 2016 financial
year
     Change  

Crude oil

     2,581.35        1,979.58        30.40

III. Other Matters

The above-mentioned operating data was calculated based on the internal statistics of the Company and are intended to provide an overview of the production and operation of the Company to the investors on a timely basis. The operating data is unaudited and does not make any express or implied forecasts or guarantees in respect of the Company’s future operating conditions. Investors are advised to exercise caution when using such information.

 

By Order of the Board

Sinopec Shanghai Petrochemical Company Limited

Guo Xiaojun

Joint Company Secretary

Shanghai, the PRC, 6 February 2018