Core Insights - The Wanjiac ZHONGZHENG Hong Kong Stock Connect Central Enterprise Dividend ETF (159333) closed up 1.35% on June 24, with a trading volume of 36.7761 million yuan [1] - The ETF was established on August 21, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1] - As of June 23, 2024, the ETF had 441 million shares outstanding and a total size of 589 million yuan, reflecting a 2.32% increase in shares and a 14.75% increase in size year-to-date [1] Fund Performance - The ETF's manager, Yang Kun, has achieved a return of 33.64% since taking over management on August 21, 2024 [1] - Over the last 20 trading days, the ETF recorded a cumulative trading amount of 684 million yuan, with an average daily trading amount of 34.1891 million yuan [1] Top Holdings - The ETF's top holdings include: - COSCO Shipping Holdings (7.71% holding, 3.6175 million shares, market value of 40.8613 million yuan) [2] - Orient Overseas International (3.06% holding, 152,500 shares, market value of 16.2264 million yuan) [2] - CNOOC (2.77% holding, 860,000 shares, market value of 14.6981 million yuan) [2] - CITIC Bank (2.76% holding, 2.606 million shares, market value of 14.6458 million yuan) [2] - China National Petroleum Corporation (2.65% holding, 2.422 million shares, market value of 14.0587 million yuan) [2] - China National Foreign Trade Transportation Group (2.62% holding, 4.019 million shares, market value of 13.9082 million yuan) [2] - Bank of China (2.54% holding, 3.109 million shares, market value of 13.4560 million yuan) [2] - China Shenhua Energy (2.47% holding, 450,500 shares, market value of 13.1164 million yuan) [2] - Bank of Communications (2.36% holding, 1.947 million shares, market value of 12.5054 million yuan) [2] - China Unicom (2.34% holding, 1.546 million shares, market value of 12.3980 million yuan) [2]

Key Points - The company plans to abolish the current supervisory board and transfer its powers to the Audit and Risk Management Committee [1] - The company will revise its articles of association, shareholder meeting rules, and board meeting rules, with relevant proposals requiring special resolution approval from the shareholders' meeting [1] - New business areas will be added, including emerging energy technology research and development, energy storage technology services, and contract energy management [1] - The governance structure will undergo significant changes, with the establishment of the Audit and Risk Committee to take over supervisory board functions, consisting of three members with a majority of independent directors [1] - The threshold for shareholder proposals will be reduced from 3% to 1%, enhancing the rights of minority investors [1] Governance Structure Changes - The independent directors' powers will be strengthened, with provisions for removal if they fail to attend meetings without delegation [1] - The voting mechanism will be optimized by removing the chairman's extra voting power in case of a tie [1] - New requirements for information disclosure will be introduced, including the obligation for independent directors to disclose dissenting opinions with specific reasons and risk analysis [1] Shareholder Meeting Rules - The timeline for online voting will be clarified, allowing voting from 3 PM the day before the meeting to 3 PM on the day of the meeting [2] - The election process will be simplified by removing provisions related to the election of supervisors [2] - The company will send a circular to shareholders containing suggested amendments to the rules [2]

（原标题：煤炭行业今日净流入资金3.49亿元，中国神华等11股净流入资金超千万元） 沪指6月23日上涨0.65%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为计算机、国防军工，涨幅分别为2.25%、1.97%。煤炭行业位居 今日涨幅榜第三。跌幅居前的行业为食品饮料、家用电器、钢铁，跌幅分别为0.80%、0.43%、0.11%。 煤炭行业今日上涨1.68%，全天主力资金净流入3.49亿元，该行业所属的个股共37只，今日上涨的有35只；下跌的有2只。以资金流向数据进行统 计，该行业资金净流入的个股有26只，其中，净流入资金超千万元的有11只，净流入资金居首的是中国神华，今日净流入资金1.24亿元，紧随其 后的是中煤能源、陕西煤业，净流入资金分别为6275.81万元、3888.99万元。煤炭行业资金净流出个股中，净流出资金居前的有潞安环能、陕西黑 猫、安泰集团，净流出资金分别为1772.48万元、1108.08万元、889.67万元。（数据宝） 煤炭行业资金流向排名 资金流向：最新份额为4.1亿份，增加了0.0份，主力资金净流出 62.5万元。 基金有风险,投资需谨慎. 注：本文系新闻报道，不构成投资建议， ...

Core Viewpoint - China Shenhua Energy Co., Ltd. is proposing to cancel its supervisory board and amend its articles of association and related rules to enhance operational efficiency and align with business development needs [1][2][3]. Group 1: Cancellation of Supervisory Board - The company intends to cancel the supervisory board, transferring its responsibilities to the Audit and Risk Committee, which will exercise the powers stipulated by the Company Law [1][3]. - The proposal for the cancellation of the supervisory board and the amendments to the articles of association will be submitted for approval at the upcoming shareholders' meeting [3]. Group 2: Amendments to Articles of Association - The amendments to the articles of association include changes to the business scope to comply with regulatory requirements and reflect the company's operational needs [2]. - Specific revisions to the articles of association, shareholder meeting rules, and board meeting rules are detailed in the attached documents, which will be published on the Shanghai Stock Exchange website [2]. Group 3: Business Scope Changes - The revised business scope includes coal mining, coal sales (excluding physical coal transactions in Beijing), mineral washing and processing, and various energy-related services [8]. - The company retains the right to change its business scope based on domestic and international market demands and its development capabilities [8].

Core Points - The document outlines the rules for the board of directors of China Shenhua Energy Company Limited, aiming to ensure standardized operations and improve decision-making efficiency [1][2] - The board is responsible for strategic decisions, risk management, and ensuring compliance with laws and regulations [2][3] Group 1: General Principles - The rules are established to ensure the company's standardized operation and protect the interests of shareholders and stakeholders [1] - The board of directors is the permanent decision-making body of the company, responsible for strategic planning and risk management [2] Group 2: Board Powers - The board has the authority to convene shareholder meetings, execute resolutions, and decide on operational plans and investment proposals [2][3] - The board must ensure that major investment projects undergo expert evaluation before being submitted for shareholder approval [4] Group 3: Board Composition - The board consists of nine directors, including executive, non-executive, and independent directors, with specific requirements for independent directors [5][6] - The chairman of the board cannot also serve as the general manager, ensuring a clear division of responsibilities [5][6] Group 4: Board Meetings - Regular board meetings are scheduled to review annual and semi-annual reports, while special meetings can be called under specific circumstances [10][11] - Decisions made during board meetings require a majority vote from attending directors, and provisions are in place for remote participation [15][17] Group 5: Documentation and Disclosure - The board must maintain accurate records of meetings, including attendance, agenda, and resolutions passed [20][21] - The company is required to disclose board meeting outcomes and decisions in a timely and accurate manner, adhering to regulatory requirements [31][32]

Group 1 - The shareholder meeting of China Shenhua Energy Co., Ltd. was held on June 20, 2025, with no resolutions being rejected [1][4] - The meeting was attended by 2,995 A-share shareholders and 1 H-share shareholder, with A-share shareholders holding a total of 14,268,827,306 shares, representing 71.82% of the total voting shares [1][4] - The voting results showed overwhelming support for the proposals, with A-share votes in favor reaching 99.99% and H-share votes in favor at 99.51% [2][3] Group 2 - The meeting's resolutions included the approval of the 2024 financial report and profit distribution plan, with all proposals passing with significant majorities [2][3] - The legal compliance of the meeting's procedures was confirmed by the attending lawyers, ensuring that all actions adhered to relevant laws and regulations [4]

Core Viewpoint - China Shenhua Energy Co., Ltd. has announced its "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan for 2025, aiming to enhance company quality and investment value while ensuring sustainable development and maximizing shareholder interests [1][2]. Group 1: 2024 Performance - The company achieved a revenue of 338.375 billion yuan and a net profit attributable to shareholders of 58.671 billion yuan in 2024, with a cash flow from operating activities of 76.5% of net profit [2]. - The company's stock price outperformed the industry and market indices, reaching a market capitalization of 822.1 billion yuan by year-end [2]. Group 2: 2025 Work Goals - The main operational targets for 2025 include a coal production of 334.8 million tons, coal sales of 465.9 million tons, and electricity generation of 227.1 billion kilowatt-hours, with a capital expenditure plan of 41.793 billion yuan [2][3]. Group 3: Key Measures - The company will enhance energy supply responsibilities and ensure stable production through safety measures and optimized transportation networks [3]. - It aims to maintain sustainable development by promoting clean and low-carbon development in traditional energy industries and exploring new future industries [3]. - Internal cost control will be emphasized to improve operational quality and profitability, alongside strengthening financial management systems [3][5]. Group 4: Shareholder Return Policy - The company plans to maintain a consistent profit distribution policy, ensuring that cash dividends for 2025-2027 will be no less than 65% of the annual net profit attributable to shareholders [5]. Group 5: Capital Operations - The company will leverage its platform for capital operations, focusing on mergers and acquisitions, and will utilize share buybacks to support strategic implementation and high-quality development [5]. Group 6: Governance and ESG - The company will enhance governance structures and integrate ESG considerations into its strategic framework, focusing on climate change and biodiversity [6]. - It will improve information disclosure and investor relations to ensure accurate market positioning and valuation [6].

Group 1 - The sixth meeting of the sixth supervisory board of China Shenhua Energy Co., Ltd. was held on June 20, 2025, in Beijing, where the decision to cancel the supervisory board and amend the company's articles of association was made [1][2] - The meeting was attended by 3 eligible voters, with all 3 votes in favor of the resolution, resulting in unanimous approval [2] - The company plans to submit the resolution to the shareholders' meeting for further approval after the board's consent [2]

| 第一章 | 总则 1 | | --- | --- | | 第二章 | 经营宗旨和范围 | | 第三章 | 股份 . | | 第一节 | 股份发行 . | | 第二节 | 股份增减和回购 . | | 第三节 | 股份转让 . | | | 第四章 股东和股东会 . | | 第一节 | 股东的一般规定 . | | 第二节 | 控股股东和实际控制人 | | 第三节 | 股东会的一般规定 . | | 第四节 | 股东会的召集 | | 第五节 | 股东会的提案与通知 24 | | 第六节 | 股东会的召开 . | | 第七节 | 股东会的表决和决议 | | 第八节 | 类别股东表决的特别程序 | | | 第五章 党委 . | | | 第六章 董事和董事会 . | | 第一节 | 董事的一般规定 | | 第二节 | 董事会 | | 第三节 | 独立董事 53 | | 第四节 | 董事会专门委员会 . | | | 第七章 高级管理人员 . | | 第八章 | 总法律顾问 . | | | 第九章 财务会计制度、利润分配和审计 | | 第一节 | 财务会计制度 65 | | 第二节 | 利润分配 . | | 第三节 | 内部 ...

中国神华能源股份有限公司 董事会议事规则 （建议修订稿） 本规则于二○○四年十二月二十八日由公司二○○四年第一次临时股东大 会通过，于二○○六年五月十二日举行的二○○五年股东周年大会授权董事会修 订，于二〇〇七年八月二十四日举行的二〇〇七年第一次临时股东大会、于二〇 一二年五月二十五日举行的二〇一一年度股东周年大会修订,于二〇一九年六月 二十一日举行的二〇一八年度股东周年大会修订,于二〇二〇年五月二十九日举 行的二〇一九年度股东周年大会修订，于二〇二五年【】月【】日举行的【二〇 二五年第一次临时股东大会】修订。 1 第一章 总则 第一条 为了确保中国神华能源股份有限公司（以下简称"公司"）的规范化运作， 提高董事会的工作效率和依法科学决策水平，规范董事会的组成、职责、权限和 运作程序，维护公司利益和股东合法权益，根据《中华人民共和国公司法》、《上 市公司章程指引》、《上市公司治理准则》等中国现行法律、行政法规、部门规 章、其他规范性文件（以下简称"法律法规"）及公司股票上市地监管规则和《中 国神华能源股份有限公司章程》（以下简称"《公司章程》"），制定本规则。 第二条 董事会是公司的常设决策机构，应当依法履行 ...