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 2020

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 2020.

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 27, 2020     By:   /s/ Wu Haijun
    Name:   Wu Haijun
    Title:   Chairman of the Board of Directors

Exhibit 99.1

 

LOGO

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

(Stock Code: 00338)

Major Operating Data of the First Half of 2020

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 2020:

I. Major operating data of the first half of 2020

 

Product

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

Petroleum products

Diesel

   183.61    185.20    7,276,842

Gasoline

   147.39    150.40    9,160,219

Jet Fuel note 1

   63.76    55.18    1,663,841

Intermediate petrochemicals

PX note 2

   32.02    23.19    977,111

Benzene note 1

   18.37    16.13    584,851

Ethylene Glycol note 2

   14.52    9.53    347,736

Ethylene Oxide

   13.88    13.51    802,886

Ethylene note 2

   40.90    —      —  

Resins and plastics

PE

   28.06    27.56    1,893,735

PP

   24.32    22.32    1,686,956

Polyester chips note 1 note 2

   15.03    13.67    636,022

Synthetic fibres

Acrylics

   5.79    5.74    615,613

Polyester note 1

   1.46    1.50    89,008

 

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 2020

Unit: RMB yuan / ton

 

Product

   The average price
in the first half of
2020 		   The average price
in the first half of
2019 		   Change

Diesel

   3,929    5,064    -22.42%

Gasoline

   6,091    7,182    -15.20%

Jet Fuel

   3,015    4,192    -28.08%

Ethylene

   —      6,240    —  

PX

   4,214    6,760    -37.67%

Benzene

   3,625    3,957    -8.38%

Ethylene Glycol

   3,650    4,265    -14.40%

Ethylene Oxide

   5,942    6,650    -10.64%

PE

   6,872    8,247    -16.68%

PP

   7,559    8,563    -11.73%

Polyester chips

   4,652    6,769    -31.28%

Acrylics

   10,734    14,178    -24.29%

Polyester

   5,920    8,267    -28.39%

Raw material

   The average
processing cost in
the first half of
2020 		   The average
processing cost in
the first half of
2019 		   Change

Crude oil

   2,717    3,309    -17.90%

III. Other Matters

The above-mentioned operating data were 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 are unaudited and are not intended to make any express or implied forecast or guarantee 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

Huang Fei

Joint Company Secretary

Shanghai, the PRC, 27 July 2020

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