( 于中華人民共和國註冊成立的股份有限公司 ) 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。 承董事會命 中國中煤能源股份有限公司 董事長、執行董事 王樹東 中國 北京 2025 年 8 月 20 日 於本公告刊發日期，本公司的執行董事為王樹東、廖華軍和趙榮哲；非執行董事為徐倩； 獨立非執行董事為景奉儒、詹豔景和黃江天。 (股份代號：01898) * 僅供識別 海外監管公告 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條而發表。 以下爲中國中煤能源股份有限公司於上海證券交易所網站刊發之《中國中煤能源股 份有限公司 2024 年年度 A 股利潤分派實施公告》。 证券代码：601898 证券简称：中煤能源 公告编号：2025-025 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/8/26 | － | 2025/ ...

Group 1 - The core viewpoint of the news is that China Coal Energy Co., Ltd. has reported a decline in revenue and net profit for the first quarter of 2025, indicating potential challenges in its financial performance [1] - As of August 19, 2025, the company's stock price closed at 11.99 yuan, with a slight increase of 0.33% and a trading volume of 220,800 hands, amounting to a transaction value of 264 million yuan [1] - The company's latest financial results show total operating revenue of 38.392 billion yuan, a year-on-year decrease of 15.43%, and a net profit attributable to shareholders of 3.978 billion yuan, down 19.95% year-on-year [1] Group 2 - The company has a current ratio of 1.148 and a quick ratio of 1.070, indicating its liquidity position [1] - The debt-to-asset ratio stands at 44.80%, reflecting the company's leverage [1] - China Coal Energy Co., Ltd. was established in 2006 and is primarily engaged in coal mining and washing, with a registered capital of 1,325,866.34 million yuan [1] Group 3 - The company has made investments in 38 enterprises and participated in 1,050 bidding projects, showcasing its active engagement in the market [2] - It holds 44 patent information entries and has obtained 8 administrative licenses, indicating its focus on innovation and compliance [2]

Core Viewpoint - The performance of the GF CSI National New Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (520900) has shown a decline in both share count and total assets in 2024, indicating potential liquidity concerns and investor sentiment shifts [1][2]. Fund Overview - The GF CSI National New Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (520900) was established on June 26, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of August 18, 2024, the fund had a total of 1.85 billion yuan in assets and 1.783 billion shares outstanding, reflecting a decrease of 28.83% in shares and 20.24% in total assets since December 31, 2024 [1]. Liquidity Analysis - Over the past 20 trading days, the ETF has recorded a cumulative trading volume of 1.933 billion yuan, averaging 96.63 million yuan per day [1]. - Year-to-date, the ETF has seen a total trading volume of 15.865 billion yuan, with an average daily trading volume of 104 million yuan across 153 trading days [1]. Fund Management - The current fund managers are Huo Huaming and Lü Xin, with Huo managing the fund since June 26, 2024, achieving a return of 5.23%, while Lü has managed it since April 30, 2025, with a return of 18.36% [2]. Top Holdings - The ETF's major holdings include China Mobile (10.90%), China Petroleum (10.62%), COSCO Shipping Holdings (9.72%), CNOOC (9.09%), China Shenhua Energy (8.14%), Sinopec (7.71%), China Telecom (4.89%), China Unicom (3.71%), China Merchants Bank (2.64%), and China Coal Energy (2.59%) [2][3].

Industry Overview - As of this year, the prices for thermal coal and coking coal in China are 680 RMB per ton and 1,280 RMB per ton respectively, representing a decline of approximately 50% compared to 2022 [1] - The outlook for the coal industry is neutral, with expectations of price stabilization in the second half of this year and into next year due to a slowdown in supply growth and reduced coal imports, alongside strong coal demand [1] Company Analysis - China Shenhua Energy (01088) has had its earnings forecast for 2025-2027 increased by 7% to 29%, with the target price raised from 32 HKD to 38 HKD, maintaining a "neutral" rating [1] - Yanzhou Coal Mining Company (01171) has seen its earnings forecast for 2026-2027 increased by 20% to 21%, with the target price raised from 8 HKD to 9 HKD, reaffirming a "underperform" rating [1] - China Coal Energy (01898) maintains a "neutral" rating, with the target price increased from 8.5 HKD to 11 HKD [1]

Group 1: Market Dynamics - The seventh round of price increases for coke in Shandong has been announced, with prices for different types of coke rising by 50 to 75 yuan per ton, effective from August 19 [1] - The coal market pricing has exceeded expectations, with the low point for coal prices likely already reached this year, and prices are expected to remain stable in the second half of the year [1][3] - The supply of raw coal has shown a marginal decrease, with cumulative production from January to July 2025 reaching 2.779 billion tons, a year-on-year increase of 3.8%, but the growth rate is declining [2] Group 2: Demand and Investment Trends - Demand for coal is supported by manufacturing and infrastructure investments, with fixed asset investment increasing by 1.6% year-on-year in the first seven months of 2025 [2] - The coal sector is experiencing a shift towards high dividend assets, with the average dividend yield for the industry expected to exceed 5% in 2024, making coal stocks attractive for investors seeking stable returns [5][6] Group 3: Company Insights - China Shenhua has significant coal reserves, with a total of 3.44 billion tons and a production capacity of 327 million tons in 2024, positioning it as a leader in the industry [7] - China Coal Energy holds the third-largest coal resource among listed companies, with a production capacity of 165 million tons and ongoing projects expected to add further capacity [7] - Yanzhou Coal Mining plans to produce 155-160 million tons of commercial coal in 2025, with a capital expenditure plan of 19.545 billion yuan, indicating strong growth prospects [8]

Group 1 - Company stock price on August 18 was 11.95 yuan, down 0.23 yuan, a decline of 1.89% from the previous trading day [1] - Trading volume on that day was 368,336 hands, with a transaction amount of 443 million yuan [1] - Company is a major coal production enterprise in China, engaged in coal production and trade, coal chemical industry, and coal mining equipment manufacturing [1] Group 2 - Company is part of the coal industry and belongs to the Beijing sector [1] - Company announced it will hold a 2025 semi-annual performance briefing on August 25 [1] - On August 18, net outflow of main funds was 45.63 million yuan, with a cumulative net outflow of 61.47 million yuan over the past five days [1]

证券日报网讯8月18日晚间，中煤能源（601898）发布公告称，公司2025年半年度业绩说明会定于2025 年8月25日下午15：30—16：30召开。 ...

上证路演中心网址：http://roadshow.sseinfo.com/roadshowList.do 证券代码：601898 证券简称：中煤能源 公告编号：2025-024 中国中煤能源股份有限公司 关于召开 2025 年半年度业绩说明会的预告公告 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： 会议密码：601898（中文）001898（英文同传） 提问预征集方式： 1 本公告全文已于本公告日刊登于上海证券交易所网站、香港联合交易所有限 公司网站、本公司网站、中国证券报、上海证券报、证券时报和证券日报。 会议召开时间：2025 年 8 月 25 日（星期一）下午 15:30-16:30 会议召开方式：电话会议（中英文双语）、视频直播、网络互动 （一）音频直播及网络互动方式： "进门财经"网址（中文）：https://s.comein.cn/vpnehauf "进门财经"网址（英文同传）：https://s.comein.cn/6avjps6s （二）电话会议拨入方式： 大陆：4001-510-269 香港 ...

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份內容而産生或因依賴該等內容而 引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：01898） 召開2025年半年度業績説明會 中國中煤能源股份有限公司（「本公司」）擬於2025年8月22日（星期五）刊發截至2025年6月30日止 六個月之半年度業績公告。為了便於廣大投資者更加全面瞭解本公司2025年半年度業績和經營情況， 本公司擬於2025年8月25日（星期一）15:30-16:30以電話會議、視頻直播和網絡互動方式舉行2025年半 年度業績說明會（「業績說明會」）。本公司將針對2025年半年度業績和經營情況，在信息披露允許 的範圍內就投資者普遍關注的問題進行交流。本公司執行董事、總裁，獨立非執行董事，首席財務 官，副總裁，董事會秘書及有關部門負責人將出席業績説明會。 投資者屆時可以通過上證路演中心網站（http://roadshow.sseinfo.com/roadshowList.do）或「進門財經」 網站（https:/ ...

Group 1 - The Energy ETF (159930) opened with a gain of 0.59%, priced at 1.369 yuan [1] - Major holdings in the Energy ETF include China Shenhua, which rose by 10.01%, while China Petroleum fell by 0.12% [1] - The ETF's performance benchmark is the CSI Energy Index, managed by Huatai-PineBridge Fund Management Co., Ltd., with a return of 36.12% since its inception on August 23, 2013, and a return of 4.40% over the past month [1] Group 2 - Other notable stock movements include China Petrochemical rising by 0.18%, Shaanxi Coal and Chemical Industry increasing by 1.07%, and Yanzhou Coal Mining up by 1.00% [1] - The ETF also saw gains from Jereh Oilfield Services (0.96%), China Coal Energy (1.15%), Shanxi Coking Coal (0.14%), and Meijin Energy (1.31%) [1]