| National Energy Group Zhejiang Electric Power | 100.00 | - | - | |
| Guohua Energy Investment | 100.00 | - | - | |
| Green Coal Electricity | 6.00 | - | - | |
| Guodian Technology and Evironment Group | 39.21 | - | - | |
| Guodian Guizhou Electric Power | 100.00 | - | - | |
| National Energy Group Chongqing Electric Power | 100.00 | - | - | |
| Shandong Zhonghua Power Generation | 51.00 | - | - | |
| Shenhua Wuhai Energy | 100.00 | - | - | |
| Shenhua Coal Trading | 100.00 | - | - | |
| Guodian Henan Power | 100.00 | - | - | |
| Guodian Northeast Electric Power | 100.00 | - | - | |
| National Energy Group Heilongjiang Electric Power | 100.00 | - | - | |
| Guodian North China Electric Power | 100.00 | - | - | |
| Guodian Shaanxi Electric Power | 100.00 | - | - | |
| National Energy Group Hebei Electric Power | 100.00 | - | - | |
| National Energy Group Shanxi Electric Power | 100.00 | - | - | |
| Shanxi Jinshen Energy Co Ltd | 49.00 | - | - | |
| Beijing Guohua Electric Power Co Ltd | 100.00 | - | - | |
| China Shenhua Coal To Liquid and Chemical | 100.00 | - | - | |
| Guodian Sichuan Power Generation | 100.00 | - | - | |
| National Energy Group Jilin Electric Power | 100.00 | - | - | |
| Beijing Chunhui Qingyun Technology Environmental Protection | 100.00 | - | - | |
| Guodian Guangxi Electric Power | 100.00 | - | - | |
| Guodian Fuel | 100.00 | - | - | |
| Shenhua Xinjiang Energy Co., Ltd. | 100.00 | - | - | |
| China Shenhua Energy Co., Ltd. Debarred entity | 69.52 | - | - | |
| National Energy Group Yunnan Electric Power | 100.00 | - | - | |
| China Energy Investment Coking | 100.00 | - | - | |
| Guodian Inner Mongolia Power | 100.00 | - | - | |
| Shenhua Guoneng Group Co Ltd | 100.00 | - | - | |
| Yingli Energy Group | 51.02 | - | - | |
| Inner Mongolia Pingzhuang Coal Group | 100.00 | - | - | |
| Ningxia Electric Power Co Ltd of National Energy Group | 100.00 | - | - | |
| China ENERGY Group Ningxia Coal Industry Co Ltd | 51.00 | - | - | |
