Group 1 - The State Council will hold two press conferences on September 17, focusing on policies to expand service consumption and the high-quality development of central enterprises during the 14th Five-Year Plan [2] - The 12th Beijing Xiangshan Forum will take place from September 17 to 19, featuring representatives from developed countries, emerging powers, and conflict-affected regions, with increased participation from former military and political leaders and renowned experts [2] - A total of 9 companies will have their restricted shares unlocked today, with a combined unlock volume of 537 million shares, amounting to a market value of 17.886 billion yuan [2] Group 2 - Among the companies with unlocked shares, three have over 10 million shares released: Shenguan Medical (407 million shares), Geling Deep Vision (70.296 million shares), and Blue Focus (52.696 million shares) [3] - In terms of market value, Shenguan Medical leads with 16.122 billion yuan, followed by Geling Deep Vision with 1.237 billion yuan and Blue Focus with 370 million yuan [3] - On September 17, 16 companies reported progress on stock repurchase plans, with three companies disclosing new repurchase proposals and eight companies having their plans approved by shareholders [3] Group 3 - The People's Bank of China will have 304 billion yuan of 7-day reverse repos maturing today, with an operation rate of 1.40% [4] - Upcoming data releases include the U.S. EIA crude oil inventory and the U.K. August CPI month-on-month rate [4]

重要内容提示： 登录新浪财经APP 搜索【信披】查看更多考评等级 股票简称：兖矿能源 股票代码：600188 编号：临2025-061 兖矿能源集团股份有限公司 关于2025年半年度权益分派实施后调整A股回购 价格上限的公告 本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。 经公司2025年8月29日召开的第九届董事会第十八次会议讨论审议，批准《2025年半年度利润分配方 案》，以权益分派股权登记日2025年9月15日的总股本为基准，每股派发现金红利人民币0.18元（含 税），除权除息日为2025年9月16日。 有关详情请参见公司日期为2025年8月29日的第九届董事会第十八次会议决议公告、2025年半年度利润 分配方案公告以及日期为2025年9月5日的2025年半年度权益分派实施公告。该等资料刊载于上交所网 站、香港联交所网站、公司网站及/或《中国证券报》《上海证券报》《证券时报》《证券日报》。 三、本次回购股份价格上限的调整 根据公司回购方案，在回购期限内，若公司发生资本公积金转增股本、派发股利、股票拆细、缩股及其 他除权除 ...

证券日报网讯 9月16日晚间，兖矿能源发布公告称，调整前回购价格上限不超过人民币17.08元/股；调 整后回购价格上限不超过人民币16.90元/股。回购价格上限调整起始日期为2025年9月16日（权益分派 除权除息日）。 （编辑 楚丽君） ...

一、回购股份的基本情况 经兖矿能源集团股份有限公司（"公司"）2025年8月29日召开 的第九届董事会第十八次会议讨论审议，批准《关于回购公司A股股 份的议案》。公司使用自有资金人民币0.5-1亿元通过集中竞价交易 方式回购部分A股股份，回购价格不超过人民币17.08元/股；回购期 限为自公司董事会审议通过本次回购方案之日起12个月内；回购用途 为公司股权激励，若3年内上述股份未用于股权激励，则予以注销。 有关详情请参见公司日期为2025年8月29日的第九届董事会第十 股票简称：兖矿能源 股票代码：600188 编号：临 2025-061 兖矿能源集团股份有限公司 关于 2025 年半年度权益分派实施后调整 A 股回购 价格上限的公告 本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： 根据公司回购方案，在回购期限内，若公司发生资本公积金转增 股本、派发股利、股票拆细、缩股及其他除权除息事项，公司将按照 中国证券监督管理委员会及上交所的相关规定，对回购价格上限进行 相应调整。 1 调整前回购价格上限：不超过人民币 ...

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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任 。 兗礦能源集團股份有限公司 YANKUANG ENERGY GROUP COMPANY LIMITED* （在中華人民共和國註冊成立的股份有限公司） （股份代碼：01171） 海外監管公告 於其他市場披露的資料 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條的披露義務而作出。 茲 載 列 兗 礦 能 源 集 團 股 份 有 限 公 司 日 期 為 2025 年 9 月 16 日 ， 在 上 海 證 券 交 易 所 網 站 （www.sse.com.cn）和公司網站（www.ykenergy.com）刊登的《兗礦能源集團股份有限公司關於 2025年半年度權益分派實施後調整A股回購價格上限的公告》，僅供參閱。 承董事會命 兗礦能源集團股份有限公司 董事長 李 偉 中國山東省鄒城市 2025年9月16日 於本公告日期，本公司董事為李偉先生、王九红先生、劉健先生、劉強先生、張海軍先生、蘇力先生 ...

Core Viewpoint - The coal industry is experiencing a downward trend in prices, with significant declines in both thermal and coking coal prices in the first half of 2025 compared to the previous year [2][3]. Price Trends - In H1 2025, the average price of Qinhuangdao thermal coal (Shanxi origin) Q5500 was 676 CNY/ton, down 22.8% year-on-year. In Q2 2025, the price dropped significantly to an average of 632 CNY/ton, a decrease of 12.4% quarter-on-quarter [1][2]. - The average price of coking coal at Jingtang Port (Shanxi origin) in H1 2025 was 1379 CNY/ton, down 38.8% year-on-year, with Q2 2025 averaging 1315 CNY/ton, a quarter-on-quarter decline of 8.8% [1][2]. Company Performance - In H1 2025, 27 listed coal companies (excluding Shanxi Coking Coal) produced a total of 610 million tons of coal, a year-on-year increase of 2.5%, but sales fell to 650 million tons, down 5.4% year-on-year. The total revenue for these companies was 538.4 billion CNY, a decrease of 18.1% year-on-year, and net profit attributable to shareholders was 56 billion CNY, down 31.7% year-on-year [3][4]. - The weighted average gross margin for these companies was 28.8%, down 2.1 percentage points year-on-year, while the net margin was 13.3%, down 2.6 percentage points year-on-year. The weighted average return on equity (ROE) was 4.8%, down 2.5 percentage points year-on-year [3]. Future Outlook - The coal price is expected to rebound due to policy support and market dynamics, with thermal coal prices projected to recover to long-term contract prices around 700 CNY/ton. The forecast for thermal coal prices in 2025 is around 750 CNY/ton, with a potential peak at 860 CNY/ton [5][6]. - Coking coal prices are anticipated to be influenced by supply-demand fundamentals, with target prices based on the ratio of coking coal to thermal coal prices. The current ratio suggests target prices for coking coal of 1608 CNY, 1680 CNY, 1800 CNY, and 2064 CNY for various scenarios [6]. - Despite the overall profit pressure in 2025, many coal companies maintain high dividend yields, with six listed companies announcing interim dividend plans totaling 24.13 billion CNY, indicating a strong commitment to shareholder returns [6].

股票代码：600188 股票简称：兖矿能源 编号：临2025-060 兖矿能源集团股份有限公司 关于终止并购Highfield Resources Limited的公告 本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。 一、原交易安排概述 兖矿能源集团股份有限公司（"兖矿能源""公司"）于2024年9月23日与Highfield Resources Limited（一家 于澳大利亚证券交易所上市的公司，股份代码：HFR，"高地资源"）签署了"Implementation Agreement"（《实施协议》）及"Equity Subscription Agreement"（《股份认购协议》）。兖矿能源将通 过资产注入和现金认购方式获得高地资源新增发股份（"本次交易"）。 2025年9月15日 二、交易终止情况 近日，因《实施协议》和《股份认购协议》约定的先决条件未能在最后截止日当日或之前全部满足或被 豁免，兖矿能源向高地资源发出了终止《实施协议》和《股份认购协议》的书面通知。书面通知发出 后，《实施协议》和《股份认购协议》立即终止 ...

Group 1: Yancoal Energy - Yancoal Energy announced the termination of the acquisition of Highland Resources due to unmet conditions in the implementation and subscription agreements [1] - The decision to terminate the agreement was made after careful consideration, ensuring the maximization of company interests [1] - Yancoal Energy confirmed that the termination will not affect its existing operations or future development, and it will continue to advance its potash mining project in Canada [1] Group 2: ST Lingda - ST Lingda received a regulatory attention letter from the Dalian Regulatory Bureau of the China Securities Regulatory Commission, highlighting insufficient impairment provisions for the Jinzhai Jiayue Phase I project [2] - The letter pointed out issues such as the omission of impairment provisions for general equipment and discrepancies in the economic depreciation data in the assessment report [2] - The company was also criticized for inadequate execution of internal control systems, including incomplete approval processes, non-compliant salary payments, and incomplete insider information registration [2] Group 3: Solid-State Batteries - Xu Yanhua emphasized the critical role of power battery technology in the development of new energy vehicles during the 21st China Automotive Industry Development Forum [3] - Solid-state batteries are becoming the main focus in the post-lithium battery era due to their higher safety, energy density, and longer cycle life [3] - The trend towards solid-state battery technology indicates a forthcoming technological revolution in the new energy vehicle industry, presenting new growth opportunities for the market [3]

Core Viewpoint - Yancoal Energy has officially terminated its acquisition of Highfield Resources due to unmet conditions in the agreements, marking the end of a nearly year-long cross-border merger attempt [1][2][3] Group 1: Acquisition Details - The acquisition was initially seen as a strategic move for Yancoal to enhance its asset portfolio and enter the global potash industry [1][3] - The agreements involved a significant asset injection from Yancoal's subsidiary, Yancoal Canada, which holds a potash resource of approximately 1.696 billion tons [3][4] - The termination of the agreement means Yancoal will not be able to leverage Highfield's core potash projects in Spain, which would have strengthened its position in the global market [3][4] Group 2: Timeline of Events - The strategic cooperation began with a non-binding letter of intent signed on July 19, 2024, followed by the signing of binding agreements on September 23, 2024 [4][5] - The situation became complicated in May 2025 when Salt Lake Potash entered the scene, proposing a significant cash investment in Highfield, which was seen as a potential game-changer [5] - However, Salt Lake Potash withdrew from the agreement in August 2025, citing that the conditions for collaboration were not mature enough [5][6] Group 3: Future Outlook - Despite the failed acquisition, Yancoal has indicated it will continue to pursue its interests in the potash sector, focusing on the development of its Canadian potash project [6]

Core Viewpoint - Yancoal Energy has decided to terminate its acquisition of Highfield Resources due to unmet conditions in the implementation and subscription agreements by the deadline [1] Group 1: Acquisition Details - Yancoal Energy signed the implementation and subscription agreements with Highfield Resources on September 23, 2024, to enter the global potash industry [1] - The agreement involved Yancoal transferring 100% of its Canadian coal assets to Highfield Resources, which would issue shares at AUD 0.50 per share as consideration [1] - Highfield Resources aimed to raise USD 220 million through a directed share issuance, with Yancoal intending to invest up to USD 90 million [1] Group 2: Highfield Resources Overview - Highfield Resources was listed on the Australian Securities Exchange in February 2012, focusing on potash project development, with its core asset being the Muga project in northern Spain [2] - The Muga project has a proven and controlled ore reserve of 104 million tons, with a potassium chloride grade of 16.1%, and a total designed capacity of 1 million tons per year [2] Group 3: Background and Developments - The acquisition faced complications when Yancoal announced on May 12 that Highfield Resources had signed a non-binding cooperation letter with Salt Lake Potash, which planned to invest approximately USD 300 million [3] - Following Salt Lake Potash's withdrawal from the cooperation on August 2023, Yancoal's acquisition of Highfield Resources faced renewed uncertainty [4] - Yancoal stated that the termination of the transaction would not affect its existing operations or development plans, and it would continue to advance its Canadian potash projects [4] Group 4: Financial Performance - In the first half of the year, Yancoal Energy reported revenue of CNY 59.349 billion and a net profit of CNY 4.652 billion, achieving a historical high in coal production [5]