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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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| 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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(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