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 April 2019

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 First Quarter of 2019.


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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: April 12, 2019

   

By:

 

/s/ Shi Wei                                                             

   

Name:

  Shi Wei
   

Title:

  President


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Exhibit 99.1

 

LOGO

 

LOGO

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

(Stock Code: 00338)

Major Operating Data of the 2019 First Quarter

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 three months ended 31 March 2019:

I. Major operating data of 2019 first quarter

 

Product

   Production
volume

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

Petroleum products

 

Diesel

     97.42        96.25        4,709,704  

Gasoline

     87.33        85.29        5,898,106  

Jet Fuel note 1

     46.81        31.50        1,248,181  

Intermediate petrochemicals

 

PX note 2

     16.89        11.07        812,138  

Benzene note 1

     9.43        8.57        343,934  

Ethylene Glycol note 2

     8.84        5.81        260,291  

Ethylene Oxide

     6.25        5.99        405,068  

Ethylene note 2

     21.29        0.05        3,527  

Resins and plastics

 

PE

     13.24        12.13        1,020,566  

PP

     11.97        10.97        933,568  

Polyester chips note 1 note 2

     9.87        6.60        457,484  

Synthetic fibres

 

Acrylics

     3.84        3.85        529,070  

Polyester note 1

     1.12        0.98        83,242  

 

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.


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II. Change in prices of major products and raw materials in the 2019 first quarter

Unit: RMB yuan /ton

 

Product

   The average price
in the 2019 first
quarter
     The average price
in the 2018 first
quarter
     Change  

Diesel

     4,893        4,990        -1.95

Gasoline

     6,915        7,156        -3.37

Jet Fuel

     3,962        3,992        -0.73

Ethylene

     7,054        —          —    

PX

     7,334        6,123        19.77

Benzene

     4,013        5,778        -30.55

Ethylene Glycol

     4,477        6,682        -33.00

Ethylene Oxide

     6,762        8,936        -24.33

PE

     8,417        9,847        -14.52

PP

     8,510        8,540        -0.35

Polyester chips

     6,933        7,176        -3.39

Acrylics

     13,750        13,594        1.15

Polyester

     8,513        9,135        -6.82

Raw material

   The average
processing cost in
the 2019 first
quarter
     The average
processing cost in
the 2018 first
quarter
     Change  

Crude oil

     3,155.35        2,986.60        5.65

III. Other Matters

The above-mentioned operating data was calculated based on the internal statistics of the Company and is 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, 12 April 2019