6-K
SINOPEC SHANGHAI PETROCHEMICAL CO LTD (SPTJF)
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OFFOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR15d-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. 48Jinyi 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
| ExhibitNumber | |
|---|---|
| 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
(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. Majoroperating data of the first half of 2020
| Product | Production volume<br>(10,000 tons) | Sales volume<br>(10,000 tons) | Sales revenue<br>(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 note2^ | 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 pricein the first half of2020 | The average pricein the first half of2019 | 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 averageprocessing cost inthe first half of2020 | The averageprocessing cost inthe first half of2019 | 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<br><br><br>Sinopec Shanghai Petrochemical Company Limited<br><br><br>Huang Fei<br> <br>Joint CompanySecretary |
|---|
Shanghai, the PRC, 27 July 2020