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。 2025 年 6 月 20 日，兖矿能源集团股份有限公司（"本公司"） 获准注册债务融资工具(中市协注〔2025〕TDFI23 号)，有效期 2 年。 2025 年 12 月 8 日，本公司成功发行 2025 年度第四期科技创新债券 （"本期发行"），募集资金人民币 30 亿元，已于 2025 年 12 月 9 日到账。 现将本期发行结果公告如下： | | 发行要素 | | | | --- | --- | --- | --- | | 名称 | 兖矿能源集团股份有限 公司 2025 年度第四期科 技创新债券 | 简称 | 25 兖矿能源 SCP004(科创债) | | 代码 | 012582997 | 期限 | 270 日 | | 起息日 | 2025 年 12 月 09 日 | 兑付日 | 2026 年 09 月 05 日 | | 计划发行总额 | 30 亿元人民币 | 实际发行总额 | 30 亿元人民币 | | 发行利率 | 1.65% | 发行价格 | 100 元/佰元面值 ...

格隆汇12月10日｜兖矿能源公告称，公司于2025年6月20日获准注册债务融资工具，有效期2年。12月8 日，成功发行2025年度第四期科技创新债券，募集资金30亿元，于12月9日到账。债券简称"25兖矿能源 SCP004"，期限270日，起息日为12月9日，兑付日为2026年9月5日，发行利率1.65%，发行价格100元/ 佰元面值。簿记管理人、主承销商为兴业银行，联席主承销商为招商银行。 ...

現將本期發行結果公告如下： 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) 關於 2025 年度第四期科技創新債券發行結果的公告 本公告乃根據《證券及期貨條例》第 XIVA 部以及《香港聯合交易所有限公司證券 上市規則》第 13.09(2)(a)及 13.10B 條的披露義務而作出。 2025 年 6 月 20 日，兗礦能源集團股份有限公司（「本公司」）獲准註冊債務融資 工具（中市協注〔2025〕TDFI23 號），有效期 2 年。2025 年 12 月 8 日，本公司成 功發行 2025 年度第四期科技創新債券（「本期發行」），募集資金人民幣 30 億 元，已於 2025 年 12 月 9 日到賬。 於本公告日期，本公司董事為李偉先生、王九紅先生、劉健先生、劉強先生、張海 軍 ...

听说有人买股票，不仅一分钱没花，最后券商账户里的成本价还变成了负数，相当于倒贴钱把股票送他了。 这不是天方夜谭，而是 在A股真实发生过的"神话"。 秘诀就藏在一个被很多人忽略的指标里，股息。 在化工细分领域，有国光股份，上市十年，平均股息率6.59%。 厨电行业的浙江美大、银行业巨头民生银行、煤炭板块的盘江股份、 休闲服装品牌森马服饰，以及做糕点食品的元祖股份，共同填满了这15家的名单。 举个例子，一家叫兖矿能源的煤炭公司，上市27年了，雷打不动年年给股东发现金红包。 最近十年，它平均每年的股息率高达 8.85%。 什么意思呢？ 假如你在十年前用10万块买了它的股票，不算股价涨跌，光是每年收到的现金分红，到现在累计可能都超过8 万块。 如果有投资者在早期股价更低的时候买入，然后每年把收到的分红再投入，长期下来，分红积累的收益甚至超过了最初的买 入成本，这在账面上看起来，就像"白捡"了股票，成本自然成了负数。 这种"神操作"的基础，是极其苛刻的：公司自打上市起，一天都不能间断分红，而且最近十年的平均股息率要超过6%。 在A股五千 多家公司里，符合这个"铁律"的，只有区区15家。 它们就像一个特殊的"高股息俱乐部 ...

Market Overview - The Shanghai Composite Index rose by 0.54% on December 8, with 25 out of 28 sectors experiencing gains, led by the communication and comprehensive sectors, which increased by 4.79% and 3.03% respectively [1] - The coal and oil & petrochemical sectors were the biggest losers, declining by 1.43% and 0.84% respectively, with the coal sector taking the top spot for losses [1] Capital Flow Analysis - The net inflow of capital in the two markets was 2.602 billion yuan, with 15 sectors seeing net inflows. The electronics sector led with a net inflow of 8.273 billion yuan and a daily increase of 2.60%, followed by the communication sector with a net inflow of 2.387 billion yuan and a daily increase of 4.79% [1] - Conversely, 16 sectors experienced net outflows, with the defense and military industry seeing the largest outflow of 3.567 billion yuan, followed by the pharmaceutical and biological sector with a net outflow of 2.700 billion yuan [1] Coal Industry Performance - The coal industry saw a decline of 1.43% with a net outflow of 616 million yuan. Out of 37 stocks in this sector, only 3 stocks rose, and 1 stock hit the daily limit up, while 32 stocks fell [2] - The stocks with the highest net inflow in the coal sector included Xindaozhou A with a net inflow of 107 million yuan, followed by Xinjie Energy and Electric Investment Energy with net inflows of 30.948 million yuan and 19.585 million yuan respectively [2] - The stocks with the largest net outflows included Yanzhou Coal with a net outflow of 144.697 million yuan, Huayang Co. with 128.622 million yuan, and Antai Group with 90.290 million yuan [2][3]

每经AI快讯，港股煤炭股跌幅居前。截至发稿，中国秦发(00866.HK)跌11.25%，报2.84港元；中煤能源 (01898.HK)跌3.62%，报10.38港元；中国神华(01088.HK)跌2.7%，报39.6港元；兖矿能源(01171.HK)跌 2.51%，报10.11港元。 ...

消息面上，12月8日，焦炭连续主力合约日内跌5%；焦煤期货主力合约跌超6%。中信建投指出，完成 第四轮提涨后，主流钢厂于11月28日正式对焦炭提出"第一轮提降"，预计12月1日执行。炼焦煤价格因 需求回落而下跌，导致焦炭成本支撑进一步弱化；同时钢厂因利润压力，凭借减产带来的议价权，对焦 炭成功发起"首轮提降"，或标志煤焦市场的拐点确立。 智通财经APP获悉，煤炭股跌幅居前，截至发稿，中国秦发(00866)跌11.25%，报2.84港元；中煤能源 (01898)跌3.62%，报10.38港元；中国神华(01088)跌2.7%，报39.6港元；兖矿能源(01171)跌2.51%，报 10.11港元。 ...

消息面上，12月8日，焦炭连续主力合约日内跌5%；焦煤期货主力合约跌超6%。中信建投（601066） 指出，完成第四轮提涨后，主流钢厂于11月28日正式对焦炭提出"第一轮提降"，预计12月1日执行。炼 焦煤价格因需求回落而下跌，导致焦炭成本支撑进一步弱化；同时钢厂因利润压力，凭借减产带来的议 价权，对焦炭成功发起"首轮提降"，或标志煤焦市场的拐点确立。 煤炭股跌幅居前，截至发稿，中国秦发(00866)跌11.25%，报2.84港元；中煤能源（601898）(01898)跌 3.62%，报10.38港元；中国神华（601088）(01088)跌2.7%，报39.6港元；兖矿能源（600188）(01171)跌 2.51%，报10.11港元。 ...

Group 1 - The coal stocks in Hong Kong are experiencing a decline, with notable drops in companies such as Qinfa down over 6%, Yancoal Australia down nearly 4%, and China Coal Energy down 3.5% [1] - The price of thermal coal has decreased, with the Qinhuangdao port price for Q5500 thermal coal at 791 RMB per ton as of December 6, reflecting a week-on-week drop of 27 RMB per ton [1] - According to a report from Cinda Securities, weak coal demand is expected to continue, and supply constraints are unlikely to provide significant support. The current phase is seen as the early stage of a new upward cycle for the coal economy, suggesting that it may be a good time to accumulate coal sector stocks [1] Group 2 - The daily coal consumption at power plants remains below expectations due to higher-than-normal temperatures across the country, putting pressure on port and production prices [1] - The forecast for the next 1-2 weeks indicates that temperatures will continue to be higher than usual, limiting demand release and suggesting that coal prices are likely to continue their weak adjustment trend [1]

Investment Rating - The industry rating is "Positive" [1] Core Viewpoints - The coal sector has seen a rise, but it underperformed compared to the CSI 300 index, with a weekly increase of 0.77% against the CSI 300's 1.28% [2] - Inventory levels are increasing due to supply policies, while coal prices are declining rapidly. Despite increased production, supply constraints are expected to persist, leading to potential coal shortages in certain regions [6][32] - The report anticipates a rise in the coal price center in the fourth quarter, with current coal asset dividends being reasonable [6][32] Summary by Sections Coal Market Performance - As of December 5, 2025, the coal sector's performance was 0.77% up, lagging behind the CSI 300 index by 0.51 percentage points. A total of 21 stocks rose, while 14 fell, with New Dazhou A showing the highest increase of 14.98% [2] Key Data on Coal Sales and Inventory - The average daily coal sales for monitored enterprises from November 28 to December 4, 2025, were 6.98 million tons, down 5% week-on-week and down 9.5% year-on-year. Total coal inventory was 24.67 million tons, a decrease of 0.3% week-on-week and 20.5% year-on-year [2][30] Price Trends in Coal Types - As of December 5, 2025, the price of thermal coal (Q5500K) was 706 CNY/ton, up 1.15% week-on-week, while the price of imported thermal coal fell by 4.69% to 874 CNY/ton. Prices for coking coal and anthracite also showed declines [3][4] Investment Recommendations - The report suggests prioritizing investments in high-dividend thermal coal companies such as China Shenhua, Shaanxi Coal, and others. For coking coal, companies like Huaibei Mining and Shanxi Coking Coal are recommended. Additionally, companies with improved profits in the coking sector are highlighted [6][32]