股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 河南金馬能源股份有限公司 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06885 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | 本月底法定/註冊股本總額： RM ...

Group 1 - The core viewpoint of the news is that coal stocks in the Hong Kong market are experiencing a continued upward trend, driven by seasonal demand and supply constraints due to safety inspections and production policies [1] - Recent extreme cold weather in northern China has led to a significant drop in temperatures, with Heilongjiang's Mohe reaching -25°C, marking a historical low for late October, and parts of Inner Mongolia dropping below -30°C, indicating the start of the coal consumption peak season [1] - Demand for coal is expected to remain high as steel mills and thermal power companies continue to have strong needs, which, combined with supply-side constraints, is likely to stabilize and push coal prices upward [1] Group 2 - According to Guoxin Securities, while coal prices declined in early 2024 leading to poor profits for coal companies, a rebound in coal prices is anticipated in the second half of 2025, which could improve profitability for coal enterprises [1] - The coal sector has underperformed compared to other sectors, but there is a clear bottoming out, and a rebound in the fourth quarter is expected [1] - Specific coal stocks have shown notable price increases, with Hengding Industrial rising nearly 8%, and China Coal Energy reaching its highest price since 2011, indicating strong market performance [2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 河南金馬能源股份有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06885 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | 本月底法定/註冊股本總額： RM ...

Core Viewpoint - The Hong Kong coal stocks continue their strong performance due to improving fundamentals and renewed interest in dividend assets, with significant price increases observed in several companies [1]. Group 1: Stock Performance - Jinma Energy (06885.HK) surged over 13%, Yanzhou Coal Mining (01171.HK) rose approximately 4%, and China Shenhua Energy (01088.HK) and other stocks increased by over 2% [1][2]. - As of the latest data, Jinma Energy's price reached 1.290, with a gain of 0.150 (13.16%), while Yanzhou Coal's price was 11.460, up by 0.450 (4.09%) [2]. Group 2: Market Conditions - The domestic coal consumption has reached the highest level for the same period in the past five years, driven by unusual high temperatures and expectations of a cold winter, which have boosted winter storage demand [1][3]. - The coal prices at northern ports increased significantly, with the price of thermal coal at 748 RMB/ton as of October 17, reflecting a week-on-week increase of 39 RMB/ton [3]. Group 3: Supply and Demand Dynamics - Since the implementation of the overproduction inspection policy by the Energy Bureau in July, domestic coal production has been constrained, with production declining year-on-year for two consecutive months in July and August, leading to overall inventory levels falling below last year's figures [6]. - The coal industry is experiencing a dual improvement in supply and demand, with analysts noting that coal prices have consistently exceeded expectations [6]. Group 4: Investment Sentiment - The coal sector is viewed favorably due to both cyclical and dividend logic, with expectations of improved supply-demand fundamentals driven by production constraints and seasonal demand recovery [7]. - The capital market's response to global economic uncertainties and domestic economic stabilization has led to a surge in investment sentiment, with many coal companies maintaining high dividend yields [7].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 河南金馬能源股份有限公司 呈交日期: 2025年10月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06885 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 535,421,000 | RMB | | | 1 RMB | | 535,421,000 | II. 已發行股份及/或庫存股份變 ...

N O T I F I C AT I O N L E T T E R 通 知 信 函 河 南 金 馬 能 源 股 份 有 限 公 司 HENAN JINMA ENERGY COMPANY LIMITED 於中華人民共和國註冊成立的股份有限公司 (A joint stock company incorporated in the People's Republic of China with limited liability) (股票代號 Stock Code: 6885) Should you have any queries relating to this letter, please contact the H Share Registrar at (852) 2862 8688 during business hours from 9:00 a.m. to 6:00 p.m. (Hong Kong time), Mondays to Fridays, excluding Hong Kong public holidays. By order of the Board Henan Jinma Ener ...

(股票代號 Stock Code: 6885) N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear Registered Shareholders, 29 September 2025 Henan Jinma Energy Company Limited (the "Company") – Notice of Publication of 2025 Interim Report (the "Current Corporate Communications") The Current Corporate Communications of the Company have been published in English and Chinese languages and are available on the website of The Stock Exchange of Hong Kong Limited ("HKEX") at www.hkexnews.hk and the Company's website at www.hnjmny.com. If y ...

Financial Performance - For the first half of 2025, the company's revenue was RMB 3,829.2 million, a decrease of RMB 2,470.3 million compared to RMB 6,299.5 million in 2024[8]. - The gross profit for the same period was RMB 189.3 million, significantly up from RMB 70.1 million in 2024, resulting in a gross margin increase to 4.9% from 1.1%[8]. - The company reported a loss of RMB 176.5 million for the first half of 2025, an improvement from a loss of RMB 209.3 million in the same period of 2024[8]. - The group's revenue for the six months ended June 30, 2025, was RMB 3,829,243, a decrease of approximately RMB 2,470.2 million or 39.2% compared to the same period in 2024[30]. - The group reported a loss of RMB 176,483 for the six months ended June 30, 2025, compared to a loss of RMB 209,320 in the same period in 2024, reflecting an improvement of RMB 32,837[31]. - The company reported a basic loss per share of RMB (0.235) for the six months ended June 30, 2025, compared to RMB (0.293) in 2024[136]. Revenue and Pricing - The average selling price of coke decreased to RMB 1,518.27 per ton in the first half of 2025 from RMB 2,012.50 per ton in 2024, reflecting a significant price drop[15]. - The average selling price of LNG also fell to RMB 3,993.29 per cubic meter in the first half of 2025, down from RMB 4,197.43 per cubic meter in 2024[15]. - The average selling price of benzene decreased to RMB 6,013.05 per ton in the first half of 2025 from RMB 7,270.64 per ton in 2024, indicating a decline in market prices[15]. - The coking segment revenue decreased by approximately RMB 2.352 billion or 52% year-on-year, with an average selling price drop of about 28.3%[34]. - The trading segment revenue decreased by approximately RMB 258.9 million or 81.9% year-on-year, with a gross margin decline from 3.3% to 1.8%[34]. - The energy products segment revenue decreased by approximately RMB 116.5 million or 27.0% year-on-year, despite an increase in gross margin from 4.4% to 35.5%[34]. Production and Operations - In the first half of 2025, the group produced approximately 1.58 million tons of coke, 206,201 tons of crude benzene, 102,127 tons of coal tar, and 33,932 tons of LNG[22]. - The group sold a total of 810 tons of hydrogen during the period, compared to 250 tons in the same period last year[27]. - The 5.5-meter coke oven renovation project, with an investment of approximately RMB 500 million, is expected to produce 650,000 tons annually and is scheduled to be operational by April 2024[24]. - The tar processing capacity expansion project, with an investment of approximately RMB 80 million, will increase the annual processing capacity of tar from 180,000 tons to 360,000 tons[25]. Cash Flow and Financing - Operating cash flow for the first half of 2025 was approximately RMB 94.3 million, down from RMB 530.4 million in the same period last year[37]. - Investment activities generated a net cash inflow of approximately RMB 39.0 million, primarily from recovering restricted bank balances[39]. - Financing activities used a net cash amount of approximately RMB 212.0 million, mainly due to loan repayments of approximately RMB 1.557 billion[40]. - The company confirmed no liquidity issues during the first half of 2025, with funding primarily from product sales, equity, and bank loans[35]. - As of June 30, 2025, the company's bank loans amounted to approximately RMB 3,181.5 million, a decrease of RMB 77.2 million from RMB 3,258.7 million as of December 31, 2024[42]. - The company's total bank credit facilities were approximately RMB 13,820.19 million as of June 30, 2025, with RMB 934.55 million still available for use[45]. Assets and Liabilities - The total assets of the company as of June 30, 2025, were RMB 10,530.3 million, a decrease of RMB 685.4 million from RMB 11,215.7 million at the end of 2024[8]. - The company's total liabilities decreased to RMB 6,388,204 thousand as of June 30, 2025, from RMB 6,828,981 thousand as of December 31, 2024, a decrease of approximately 6.45%[104]. - The company's total equity as of June 30, 2025, was RMB 4,138,128 thousand, down from RMB 4,337,263 thousand as of December 31, 2024, indicating a decrease of about 4.59%[104]. - The company's asset-liability ratio increased to 0.77 times as of June 30, 2025, compared to 0.75 times as of December 31, 2024, primarily due to a smaller decrease in interest-bearing borrowings compared to total equity[49][51]. Compliance and Governance - The company has maintained good relationships with lenders and has not encountered difficulties in obtaining bank loans or other borrowings during the first half of 2025[47]. - The company has no significant off-balance-sheet arrangements as of June 30, 2025, and has not entered into any derivative contracts that would not be reflected in the financial statements[58]. - The company has established a remuneration committee to review and recommend compensation policies based on overall performance and market practices[93]. - The audit committee reviewed the financial statements and confirmed compliance with International Accounting Standards[95]. - The board emphasized the importance of adhering to the compliance standards and will enhance training on these regulations in the upcoming half-year training session[78]. Employee and Management - As of June 30, 2025, the group employed a total of 2,638 staff, with employee costs amounting to RMB 127.6 million, a decrease of 12.9% from RMB 146.8 million in the same period last year[93]. - The total compensation for key management personnel increased to RMB 3,696,000 for the six months ending June 30, 2025, compared to RMB 2,922,000 for the same period in 2024, representing a growth of approximately 26.4%[174]. - Salary and allowances for key management personnel rose to RMB 3,286,000 in the first half of 2025, up from RMB 2,449,000 in the first half of 2024, marking an increase of about 34.1%[174]. - The company is committed to providing comprehensive training programs for all employees, focusing on management, finance, and specialized skills[94]. Shareholder Information - The company did not declare any dividends for the year ended December 31, 2024[133]. - Major shareholders include Jinma Hong Kong and Jinma Coking, each holding 162,000,000 H-shares, representing approximately 30.26% of the total issued share capital of 535,421,000 shares[87][89]. - The company has maintained sufficient public float since its listing date, in compliance with listing rules[90].

金马能源(06885)发布公告，自2025年9月17日起，饶朝晖获委任为董事会主席及上市规则第3.05条的公 司授权代表，而徐风雷先生退任公司的授权代表。 ...

格隆汇9月17日丨金马能源(06885.HK)发布公告，自2025年9月17日起，饶朝晖获委任为董事会主席及上 市规则第3.05条的公司授权代表，而徐风雷退任公司的授权代表。 ...