（在中華人民共和國註冊成立的股份有限公司） （股份代碼：01088) 董事會議事規則 本規則於二○○四年十二月二十八日由公司二○○四年第一次臨時股東大會通 過，於二○○六年五月十二日舉行的二○○五年股東週年大會授權董事會修訂， 於二○○七年八月二十四日舉行的二○○七年第一次臨時股東大會、於二○一二 年五月二十五日舉行的二○一一年度股東週年大會修訂，於二○一九年六月二十 一日舉行的二○一八年度股東週年大會修訂，於二○二○年五月二十九日舉行的 二○一九年度股東週年大會修訂，於二○二五年八月二十九日舉行的二○二五年 第一次臨時股東大會修訂。 1 第一章 總則 第一條 為了確保中國神華能源股份有限公司（以下簡稱「公司」）的規範化運作，提高 董事會的工作效率和依法科學決策水平，規範董事會的組成、職責、權限和運作 程序，維護公司利益和股東合法權益，根據《中華人民共和國公司法》、《上市公 司章程指引》、《上市公司治理準則》等中國現行法律、行政法規、部門規章、其 他規範性文件（以下簡稱「法律法規」）及公司股票上市地監管規則和《中國神華能 源股份有限公司章程》（以下簡稱「《公司章程》」），制定本規則。 第二條 董事會是公司的常 ...

（在中華人民共和國註冊成立的股份有限公司） （股份代碼：01088） 章 程 本章程於二〇〇五年五月十四日由公司二〇〇五年第一次臨時股東大會以特別決 議通過，於二〇〇六年五月十二日舉行的二〇〇五年度股東週年大會、二〇〇七 年八月二十四日舉行的二〇〇七年第一次臨時股東大會、二〇〇九年六月五日舉 行的二〇〇八年度股東週年大會、二〇一一年二月二十五日舉行的二〇一一年第 一次臨時股東大會、二〇一二年五月二十五日舉行的二〇一一年度股東週年大 會、二〇一三年六月二十一日舉行的二〇一二年度股東週年大會、二〇一八年四 月二十七日舉行的二〇一八年第一次臨時股東大會、二〇一八年六月二十二日舉 行的二〇一七年度股東週年大會、二〇一九年六月二十一日舉行的二〇一八年度 股東週年大會、二〇二〇年五月二十九日舉行的二〇一九年度股東週年大會、二 〇二一年六月二十五日舉行的二〇二〇年度股東週年大會、二〇二五年八月二十 九日舉行的二〇二五年第一次臨時股東大會以特別決議批准修訂。 1 | 第一章 | 總則 | | 3 | | --- | --- | --- | --- | | 第二章 | | 經營宗旨和範圍 | 5 | | 第三章 | 股份 | ...

（在中華人民共和國註冊成立的股份有限公司） （股份代碼：01088） 股東會議事規則 本規則於二○○四年十二月二十八日由公司二○○四年度第一次臨時股東大會通過，於二○○六年五月 十二日舉行的二○○五年股東週年大會授權董事會修訂，於二○○七年八月二十四日舉行的二○○七年 第一次臨時股東大會修訂，於二○一一年二月二十五日舉行的二○一一年第一次臨時股東大會修訂，於 二○一九年六月二十一日舉行的二○一八年度股東週年大會修訂，於二○二○年五月二十九日舉行的二 ○一九年度股東週年大會修訂，於二○二五年八月二十九日舉行的二○二五年第一次臨時股東大會修 訂。 1 第一章 總則 第一條 臨時股東會不定期召開，有下列情形之一的，公司應當在事實發生之日起兩 個月以內召開臨時股東會： （一）董事人數不足《公司法》規定人數或者《公司章程》所定人數的三分之二 時； （二）公司未彌補的虧損達股本總額的三分之一時； 為維護中國神華能源股份有限公司（以下簡稱「公司」）和股東的合法權益，明 確股東會的職責和權限，保證股東會規範、高效、平穩運作及依法行使職權，根 據《中華人民共和國公司法》（以下簡稱「《公司法》」）、《中華人民共和國證券法》 （以 ...

2025年第一次臨時股東大會之投票結果 及取消監事會 本公司於2025年8月29日（星期五）下午二時三十分在中華人民共和國北京市朝陽 區鼓樓外大街19號歌華開元大酒店二層和廳舉行2025年第一次臨時股東大會。本 公司董事會欣然宣佈，上述臨時股東大會之通告所載全部決議案已獲正式通過。 本公司於2025年8月11日在香港聯合交易所有限公司網站及於2025年8月12日在 《中國證券報》、《上海證券報》、《證券時報》、《證券日報》和上海證券交易所網站 刊發了臨時股東大會通告。 於臨時股東大會日期，本公司已發行股份為19,868,519,955股，其中包含H股股份 3,377,482,000股及A股股份16,491,037,955股，本公司概無持有庫存股股份。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代碼：01088） 於會議時本公司在任董事7名，5名董事出席了會議，非執行董事康鳳偉、李新華 先生因公請 ...

Core Insights - China Shenhua reported a revenue of 138.11 billion yuan for the first half of the year, representing a year-on-year decline of 18.30% [1] - The net profit attributable to shareholders was 24.64 billion yuan, down 12% compared to the previous year [1] - The basic earnings per share stood at 1.24 yuan [1] - The board of directors proposed an interim dividend of 0.98 yuan per share (before tax) for 2025 [1]

Core Viewpoint - China Shenhua Energy reported a significant decline in both revenue and profit for the first half of 2025, attributing the downturn to the severe situation of falling coal prices and electricity prices [1][2]. Business Performance - The company faced considerable operational pressure, with revenue decreasing by 18.3% year-on-year to 138.11 billion yuan and net profit down by 12.0% to 24.64 billion yuan [4]. - The net cash flow from operating activities was 45.79 billion yuan, a decrease of 11.7% compared to the previous year [4]. - Basic earnings per share fell from 1.410 yuan to 1.240 yuan year-on-year [4]. - Despite the challenges, the company achieved a coal production of 165.4 million tons, meeting 49.4% of its annual target, and coal sales of 204.9 million tons, achieving 44.0% of its annual target [5]. - Power generation reached 98.78 billion kilowatt-hours, completing 43.5% of the annual target [5]. - All business segments reported a year-on-year increase in gross margins, and the unit production cost of self-produced coal decreased by 7.7%, exceeding expectations in cost control [2][5]. Strategic Initiatives - The company has initiated the acquisition of coal, coal power, and coal-to-oil assets from its controlling shareholder, China National Energy Group, to reduce related party transactions and consolidate quality resources [2]. - In February 2025, the company completed the acquisition of 100% equity in Hangjin Energy [2]. Dividend and Market Management - China Shenhua proposed a substantial interim dividend plan, committing to distribute at least 65% of the annual net profit attributable to shareholders as cash dividends over the next three years [3]. - The company has already distributed a final dividend of 2.26 yuan per share for the 2024 fiscal year, with a high payout ratio of 76.5% [3]. - The company is systematically advancing its market value management, having approved a market value management system and specific annual implementation plans [3].

Core Viewpoint - China Shenhua Energy Company Limited reported a stable operational performance in the first half of 2025, despite challenges in the coal and electricity markets, with a focus on enhancing production efficiency and maintaining energy supply stability [7][10]. Company Overview and Financial Indicators - The company reported a total revenue of RMB 138,109 million for the first half of 2025, a decrease of 18.3% compared to the previous year [6]. - The total profit amounted to RMB 37,602 million, reflecting an 8.6% decline year-on-year [6]. - The net profit attributable to shareholders was RMB 24,641 million, down 12.0% from the previous year [6]. - The company proposed an interim dividend of RMB 0.98 per share, pending shareholder approval, which would total RMB 19,471 million based on the total share capital as of June 30, 2025 [4]. Operational Performance - The company maintained high coal production levels and efficient energy transportation, achieving a significant contract fulfillment rate for coal supply [7]. - The company completed the acquisition of 100% equity in Hanjin Energy, enhancing its operational capabilities [9]. - The company’s market capitalization reached RMB 762.3 billion by the end of June 2025, with stock performance exceeding major industry indices [7]. Industry Context - The domestic coal market showed signs of weakness, with the average price of coal declining by approximately 22.2% year-on-year [13]. - National coal production reached 2.4 billion tons in the first half of 2025, with a year-on-year growth of 5.4% [14]. - The overall electricity consumption in China increased by 3.7% year-on-year, with coal-fired power generation accounting for 64.8% of total generation [16]. Strategic Initiatives - The company is focusing on green development and the efficient use of coal, aligning with national carbon reduction goals [11]. - Investments in renewable energy projects increased, with an additional 215 MW of renewable energy capacity added [8]. - The company is enhancing its technological capabilities, having secured 244 patents in the first half of 2025, including 58 invention patents [8]. Future Outlook - The company anticipates a stable coal market in the second half of 2025, with a slight recovery in coal consumption expected [19]. - The electricity market is projected to see increased demand, with a forecasted growth in total electricity consumption of 5%-6% for the year [19]. - The company aims to strengthen its operational efficiency and risk management to navigate the evolving market landscape [12].

Core Viewpoint - China Shenhua Energy Co., Ltd. reported a decline in key financial metrics for the first half of 2025, reflecting challenges in the coal and electricity market, while maintaining a focus on operational efficiency and shareholder returns [5][6]. Financial Performance - The company's operating revenue for the first half of 2025 was RMB 138,109 million, a decrease of 18.3% compared to the previous year [2][5]. - Total profit amounted to RMB 37,602 million, down 8.6% year-on-year [2][5]. - Net profit attributable to shareholders was RMB 24,641 million, representing a 12.0% decline from the previous year [2][5]. - Basic earnings per share were RMB 1.240, down from RMB 1.410 in the same period last year [2][5]. Operational Goals and Achievements - The company set a target of 3.348 billion tons for commodity coal production in 2025, achieving 1.654 billion tons in the first half, which is 49.4% of the target [6]. - Coal sales volume target for 2025 is 4.659 billion tons, with 2.049 billion tons sold in the first half, achieving 44.0% of the target [6]. - The electricity generation target for 2025 is 2,271 billion kWh, with 987.8 billion kWh generated in the first half, reaching 43.5% of the target [6]. Shareholder Returns - The company proposed a mid-year dividend of RMB 0.98 per share (before tax), pending approval from the shareholders' meeting [5][8]. - The total dividend payout for the 2024 fiscal year was RMB 2.26 per share, which accounted for 76.5% of the net profit attributable to shareholders [8]. Strategic Initiatives - The company completed the acquisition of 100% of Hangjin Energy in February 2025 to enhance energy supply capabilities and operational synergy [8]. - A comprehensive governance reform was initiated, including the cancellation of the supervisory board and the revision of the company's articles of association [8]. Investor Relations - The company conducted 126 investor communication meetings in the first half of 2025, engaging approximately 1,800 investors [9].

证券代码：601088 证券简称：中国神华 公告编号：临 2025-055 中国神华能源股份有限公司 中国神华能源股份有限公司董事会及全体董事保证本公告内容不存在任何 虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： ? 在实施权益分派的股权登记日前公司总股本发生变动的，拟维持每股分 配比例不变，相应调整分配总额，并将另行公告具体调整情况。 经中国神华能源股份有限公司（"本公司"）2024 年度股东周年大会批准， 在符合《中国神华能源股份有限公司章程》（"《公司章程》"）规定的情形下， 本公司 2025-2027 年度每年以现金方式分配的利润不少于本公司当年实现的归属 于本公司股东的净利润的 65%，在此期间综合考虑本公司经营情况、资金需求等 因素实施中期利润分配。根据《公司章程》的规定，本公司按照有关会计年度中 国企业会计准则和国际财务报告准则编制的合并财务报表中归属于本公司股东 净利润的较少者进行利润分配。 一、利润分配方案内容 本公司按照中国企业会计准则和国际财务报告会计准则编制的 2025 年半年 度合并财务报表分别经毕马威华振会计师事务所（特殊普通 ...

Core Points - The board of directors of China Shenhua Energy Co., Ltd. held its 13th meeting of the 6th session on August 15, 2025, discussing various proposals and reports [1] - All proposals presented during the meeting were approved unanimously with no votes against or abstentions [2][4][5] Group 1: Meeting Resolutions - The meeting approved the "2024 Internal Control System Work Report" with 7 votes in favor [2] - The "2025 Semi-Annual Financial Report" was also approved with 7 votes in favor [2] - The "2025 Semi-Annual Report" received unanimous approval with 7 votes in favor [2] - The "Risk Continuous Assessment Report regarding National Energy Group Financial Co., Ltd." was approved, confirming no significant deficiencies in risk management [2][3] - The board approved revisions to various committee rules, including the Audit and Risk Committee, Nomination Committee, Compensation and Assessment Committee, Safety, Health, Environmental, and ESG Committee, and Strategic and Investment Committee, all with unanimous votes [4][5][6][8] Group 2: Other Proposals - The board approved the signing of management member appointment agreements and performance responsibility letters [4] - The proposal for the 2025 mid-term profit distribution plan was agreed upon and will be submitted for shareholder meeting review [4] - A proposal for granting the board general authority to issue shares was approved, allowing the issuance of up to 20% of the already issued A-shares and/or H-shares [5][6][8] - The board also approved the convening of the second extraordinary shareholders' meeting of 2025 [8]