Form 6-K

 

 

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 July 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):  ☐

 

 

 


EXHIBITS

 

Exhibit
Number
    
99.1    Major Operating Data of the First Half of 2018.


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: July 19, 2018     By:  

/s/ Wu Haijun

    Name:   Wu Haijun
    Title:   President


Exhibit 99.1

 

LOGO

 

LOGO

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

Major Operating Data of the First Half of 2018

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 six months ended 30 June 2018:

 

I. Major operating data of the first half of 2018

 

Product

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

Petroleum products

Diesel

   194.73    190.34    9,762,647

Gasoline

   163.09    166.29    12,115,405

Jet Fuel note 1

   73.95    47.79    1,976,644

Intermediate petrochemicals

PX note 2

   32.99    27.43    1,696,617

Benzene note 1

   16.95    15.31    848,622

Ethylene Glycol note 2

   24.56    19.28    1,279,173

Ethylene Oxide

   8.13    7.71    690,526

Ethylene note 2

   40.25    0    0

Resins and plastics

PE

   22.70    21.39    2,095,115

PP

   24.74    22.87    1,951,761

Polyester chips note 1 note 2

   18.17    13.64    976,809

Synthetic fibres

Acrylics

   6.24    6.32    951,085

Polyester

   2.42    1.99    182,857

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 does not include the data for the Company’s trading of petrochemical products.

II. Change in prices of major products and raw materials in the first half of 2018

Unit: RMB yuan/ton


Product

   The average price
in the first half of
2018
     The average price
in the first half of
2017
     Change  

Diesel

     5,129        5,110        0.37

Gasoline

     7,286        6,632        9.86

Jet Fuel

     4,136        3,671        12.65

Ethylene

     -            8,743        -      

PX

     6,185        5,879        5.21

Benzene

     5,542        6,056        -8.48

Ethylene Glycol

     6,633        6,062        9.43

Ethylene Oxide

     8,954        8,344        7.32

PE

     9,794        9,193        6.54

PP

     8,535        8,049        6.04

Polyester chips

     7,159        6,443        11.12

Acrylics

     15,056        12,650        19.02

Polyester

     9,192        8,007        14.80

Raw material

   The average
processing cost in
the first half of
2018
     The average
processing cost in
the first half of
2017
     Change  

Crude oil

     3,067.71        2,653.83        15.60

 

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, 19 July 2018