2023 年第一季度报告 证券代码：600121 证券简称：郑州煤电 郑州煤电股份有限公司 2023 年第一季度报告 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 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 2023 年第一季度报告 | | 本报告期末 | 上年度末 | 本报告期末比上年度末 | | --- | --- | --- | --- | | | | | 增减变动幅度(%) | | 总资产 | 14,026,855,037.22 | 13,921,447,618.55 | | 0. 76 | | 归属于上市公司股 东的所有者权益 | 1, 728, 083, 784. 89 | 1,648,098,406.73 | 4. 85 | (二)非经常性损益项目和金额 第一季度财务报表是否经审计 □是 ...

Financial Performance - In 2022, the company achieved a net profit of ¥317,542,515.56, with a net profit attributable to the parent company of ¥68,015,859.75, resulting in a basic earnings per share of ¥0.0558[5]. - The company's operating revenue for 2022 was ¥4,423,100,166.80, representing a 37.69% increase compared to ¥3,212,261,344.71 in 2021[22]. - The net profit attributable to shareholders improved significantly from a loss of ¥214,984,710.83 in 2021 to a profit of ¥68,015,859.75 in 2022[22]. - Basic earnings per share for 2022 was CNY 0.0558, a significant recovery from a loss of CNY -0.1764 in 2021[24]. - The weighted average return on equity increased by 16.88 percentage points to 4.21% in 2022, compared to -12.67% in 2021[24]. - The company's operating revenue reached 4.4223 billion yuan, representing a year-on-year growth of 37.69%, while the total profit amounted to 493 million yuan, an increase of 3.29 billion yuan compared to the previous year[44]. Cash Flow and Assets - The cash flow from operating activities reached ¥1,179,965,964.55, a substantial increase of 2,680.19% compared to ¥42,441,960.83 in the previous year[22]. - Total assets at the end of 2022 amounted to ¥13,921,447,618.55, reflecting a 3.01% increase from ¥13,514,418,305.15 in 2021[22]. - The company's net assets attributable to shareholders were ¥1,648,098,406.73, up 4.16% from ¥1,582,221,966.31 in the previous year[22]. - The company reported a net cash flow from operating activities of approximately 1.18 billion yuan, a significant increase of 2,680.19% year-on-year[45]. Production and Operations - The company achieved a total coal production of 5.99 million tons in 2022, an increase of 880,000 tons year-on-year[34]. - The company completed a project that released an additional production capacity of 300,000 tons at the Gaoceng coal mine[34]. - The company achieved a coal production target of 6.6 million tons and revenue of 4 billion yuan in 2023, with a profit target of 300 million yuan[74]. - The company plans to enhance production efficiency by implementing the "234" project, which includes the construction of 2 intelligent working faces, 3 intelligent mines, and 4 intelligent tunneling faces[76]. Safety and Environmental Management - The company invested CNY 396 million in safety management throughout the year, reflecting a commitment to operational safety[32]. - The company conducted safety training for 6,355 employees, exceeding the planned target by 132%[32]. - The company maintained a focus on enhancing disaster management and safety protocols, ensuring comprehensive video coverage of gas management drilling[33]. - The company achieved a 100% safe disposal rate for solid and hazardous waste during the reporting period[135]. - The company has implemented a comprehensive pollution control system, ensuring that all pollutants are discharged within regulatory limits[135]. Research and Development - Research and development expenses increased by 9.65% year-on-year, totaling approximately 12.67 million yuan[45]. - The company has focused on innovation-driven development, increasing R&D investment in gas management and intelligent mining technologies[61]. - The company employed 349 R&D personnel, accounting for 3.07% of the total workforce[60]. Governance and Management - The company has established a robust internal control system to enhance governance and risk prevention capabilities, aligning with regulatory requirements[86]. - The company has a structured salary policy linked to economic performance, ensuring that salary adjustments are made based on the completion of performance indicators[118]. - The company has implemented a performance assessment system to determine the remuneration of directors, supervisors, and senior management based on annual performance[102]. - The company has a total of 14 board members and senior management listed in the report[94]. Market and Economic Outlook - The company anticipates a GDP growth of over 5% in 2023, with coal prices expected to return to a more stable range due to the release of quality production capacity[71]. - The company recognizes safety production risks and market volatility risks as significant challenges and will implement measures to mitigate these risks[81]. - The company is committed to optimizing its industrial layout and accelerating structural adjustments to mitigate macroeconomic fluctuations affecting the coal industry[83]. Related Party Transactions - The total amount of related party transactions for the year reached RMB 123,764.07 million, with significant transactions including the purchase of electricity for RMB 12,762.78 million, accounting for 39.85% of similar transaction amounts[164]. - The company has ongoing related party transactions that are essential for its operations, ensuring resource and cost advantages[162]. Community Engagement and Social Responsibility - Total investment in poverty alleviation and rural revitalization projects amounted to 102.50 million yuan, benefiting 80 individuals[144]. - The company donated 58 tons of steel to build a feed processing plant, reducing costs by 300,000 yuan annually and creating 6 jobs for impoverished individuals[146]. - The meat rabbit breeding base produced 150,000 rabbits in 2022, generating a revenue of 10 million yuan through direct sales[146].

2022 年第三季度报告 证券代码：600121 证券简称：郑州煤电 郑州煤电股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 983,236,444.33 | 57.25 | 3,229,404,434.79 ...

2022 年半年度报告 公司代码：600121 公司简称：郑州煤电 郑州煤电股份有限公司 2022 年半年度报告 1 / 146 2022 年半年度报告 重要提示 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 作为我国重要的一次性能源，煤炭受宏观经济、国家政策和市场供需等变化影响，煤炭价格 存在波动风险，对公司业绩有较大影响。相关内容详见第三节管理层讨论与分析"五、其他披露 事项（一）可能面对的风险"。 十一、 其他 □适用 √不适用 2 / 146 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司 ...

Group 1: Event Details - Zhengzhou Coal Electricity Co., Ltd. will participate in the "Sincere Communication, Delivering Value" online collective reception day for investors on May 30, 2022, from 15:30 to 17:00 [2] - The event will be held remotely via the "Panorama Roadshow" platform, allowing investors to join online [2] - Key personnel attending include the Chairman or General Manager, Board Secretary, and Financial Department Head [2] Group 2: Communication Objectives - The management will discuss the 2021 annual report, the 2022 first-quarter report, corporate governance, development strategy, and operational status [2] - Investors are encouraged to submit questions in advance to enhance communication effectiveness, with a deadline for submissions set for May 27, 2022, at 15:00 [2] Group 3: Post-Event Information - After the event, investors can view the meeting details and main content on the "Panorama Roadshow" platform [3] - The company invites broad participation from investors to ensure a comprehensive dialogue [3]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,092,464,640.29, representing a year-on-year increase of 31.41%[4] - The net profit attributable to shareholders was CNY 50,355,531.43, with a significant increase in coal revenue and gross margin contributing to this growth[7] - The total profit for Q1 2022 was ¥152,557,999.75, a significant increase from ¥10,192,035.58 in Q1 2021, representing a growth of approximately 1,397%[18] - The net profit for Q1 2022 reached ¥109,877,928.85, compared to a net loss of ¥751,893.77 in Q1 2021, indicating a turnaround in profitability[18] - Operating profit for Q1 2022 was CNY 149,744,577.07, compared to CNY 9,852,287.81 in Q1 2021, indicating significant growth[17] - The basic and diluted earnings per share were both CNY 0.0413, driven by the increase in net profit attributable to shareholders[4] - The company reported a basic earnings per share of ¥0.0413 in Q1 2022, compared to a loss per share of ¥0.0262 in Q1 2021[18] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 328,891,590.81, indicating improved profitability and strong customer payments during the reporting period[7] - The net cash flow from operating activities for Q1 2022 was ¥328,891,590.81, a recovery from a net cash outflow of ¥153,064,098.00 in Q1 2021[21] - Cash and cash equivalents as of March 31, 2022, were CNY 3,537,005,346.48, an increase from CNY 3,072,319,600.00 at the end of 2021[12] - Cash and cash equivalents at the end of Q1 2022 were ¥790,261,232.16, up from ¥330,776,428.71 at the end of Q1 2021, indicating a growth of approximately 138%[22] - The net cash flow from financing activities for Q1 2022 was -¥125,052,449.88, a decrease from a positive cash flow of ¥52,816,012.91 in Q1 2021[22] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to CNY 13,822,347,493.86, reflecting a 2.28% increase compared to the end of the previous year[5] - Total assets as of March 31, 2022, were CNY 13,822,347,493.86, up from CNY 13,514,418,305.15 at the end of 2021[14] - Total liabilities increased to CNY 11,148,900,511.22 from CNY 10,988,220,805.52 at the end of 2021, reflecting increased borrowing[14] - The company incurred a loss of CNY 673,303,231.08 in retained earnings, an improvement from a loss of CNY 723,658,762.51 at the end of 2021[14] - The company’s total liabilities increased, with cash received from borrowings amounting to ¥348,930,569.50 in Q1 2022, down from ¥864,550,802.88 in Q1 2021[22] Shareholder Information - The company had a total of 99,323 common shareholders at the end of the reporting period[9] - The largest shareholder, Zhengzhou Coal Industry (Group) Co., Ltd., held 57.65% of the shares, with 388,230,000 shares pledged[9] Operating Costs and Efficiency - Total operating costs for Q1 2022 were CNY 960,668,029.04, up 19.2% from CNY 805,928,493.06 in Q1 2021[17] - Accounts receivable decreased to CNY 1,304,651,778.49 from CNY 1,400,216,124.65 at the end of 2021, reflecting improved collection efficiency[12] - Inventory decreased to CNY 161,717,109.37 from CNY 236,632,656.51 at the end of 2021, indicating better inventory management[12] - The company incurred operating expenses of ¥889,311,593.93 in Q1 2022, slightly higher than ¥836,268,599.01 in Q1 2021[21] Revenue Drivers - The increase in operating revenue was primarily due to the rise in commodity coal prices compared to the same period last year[7] - Sales revenue from goods and services received cash amounted to ¥1,189,185,625.42 in Q1 2022, up from ¥647,413,497.74 in Q1 2021, reflecting an increase of approximately 83.5%[21]

Financial Performance - In 2021, the company reported a net profit attributable to shareholders of -214,984,710.83 RMB, with a basic earnings per share of -0.1764 RMB[4]. - The company's operating revenue for 2021 was 3,212,261,344.71 RMB, representing a 15% increase compared to 2,793,337,246.31 RMB in 2020[18]. - The total assets at the end of 2021 were 13,514,418,305.15 RMB, a decrease of 6.49% from 14,452,403,675.92 RMB in 2020[19]. - The company's net assets attributable to shareholders decreased by 12.59% to 1,582,221,966.31 RMB from 1,810,072,322.53 RMB in 2020[19]. - The cash flow from operating activities for 2021 was 42,441,960.83 RMB, a significant improvement from -114,256,178.03 RMB in 2020[18]. - The weighted average return on equity for 2021 was -12.67%, an improvement of 28.58 percentage points from -41.25% in 2020[20]. - The company achieved a 90.45% reduction in net profit attributable to shareholders after excluding non-recurring gains and losses, compared to 2020[20]. - The company reported a loss of RMB 9,753,801.12 due to asset impairment from natural disasters, specifically related to flooding that damaged equipment[23]. - The company reported a net profit of 36.25 million yuan for the year, with total assets amounting to 321.19 million yuan and net assets of 153.48 million yuan[70]. Revenue and Sales - In 2021, the company reported total operating revenue of RMB 3,212,261,345.71, with quarterly revenues of RMB 552,116,681.20 in Q1, RMB 964,730,577.23 in Q2, RMB 625,275,179.17 in Q3, and RMB 1,070,138,907.11 in Q4[21]. - The company achieved a coal production of 5.11 million tons and sales of 5.38 million tons, with a total revenue of 3.2 billion yuan and a profit of 164 million yuan[46]. - The comprehensive selling price of commodity coal (excluding tax) reached 527 yuan per ton, an increase of 193 yuan per ton year-on-year, resulting in an additional revenue of 1.038 billion yuan[33]. - The coal industry saw a revenue increase of 58.3% year-on-year, reaching 3.28966 trillion yuan, while total profit surged by 221.7% to 702.31 billion yuan[41]. - The company’s total revenue for the reporting period was approximately 1.7 billion RMB, with the top five customers accounting for 52.94% of total revenue[56]. Costs and Expenses - Operating costs decreased by 13.92% to CNY 2,122,652,187.32 from CNY 2,465,781,591.95, primarily due to a reduction in sales volume[47]. - Management expenses surged by 62.56% to CNY 741,207,169.78, primarily due to losses from production stoppages caused by regional policies and severe weather events[48]. - Financial expenses decreased by 27.38% to CNY 196,326,590.48, attributed to reduced interest expenses and increased interest income[48]. - Research and development expenses increased by 17.68% to CNY 11,554,992.66, reflecting the company's commitment to enhancing its R&D capabilities[47]. Market and Industry Conditions - The average coal price fluctuated significantly, peaking at 2,600 yuan per ton in October 2021, before experiencing a sharp decline due to supply policies[40]. - The coal consumption in China reached 2.934 billion tons in 2021, marking a year-on-year growth of 4.6%, with the power sector accounting for 56.4% of total consumption[39]. - The coal import volume for 2021 was 32.3216 million tons, with a total import value of 231.93 billion yuan, reflecting a 64.1% increase from the previous year[39]. - The company faced production disruptions due to regional policy shutdowns and severe weather, resulting in a production shortfall of approximately 1.5 million tons and a revenue loss of about 973 million yuan[46]. Safety and Risk Management - The company emphasized safety and risk management, implementing a three-year action plan for safety production and enhancing internal control systems[27]. - The company is focused on enhancing its risk resistance capabilities in response to potential market fluctuations[6]. - The company aims to enhance its emergency response capabilities by improving flood prevention plans and conducting drills[80]. - The company has established a safety production responsibility system that ensures accountability at all levels[79]. - The company is committed to improving operational efficiency through technological advancements and management innovations to control costs[92]. Governance and Compliance - The company has implemented a comprehensive assessment mechanism for directors and senior management based on production, safety, and operational budget execution[127]. - The internal control system was evaluated as effective with no significant deficiencies reported as of December 31, 2021[128]. - The company has made significant progress in governance and compliance, completing several rectification measures related to fund management and internal controls[132]. - The company received a warning letter from the China Securities Regulatory Commission on September 29, 2021, which was recorded in the securities and futures market integrity file[108]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental management system, ensuring compliance with environmental regulations and achieving pollutant discharge standards[137]. - The company achieved a 100% safe disposal rate for solid and hazardous waste, and its wastewater treatment capacity is 2,500 cubic meters per hour[137]. - The company has actively participated in social responsibility initiatives, including disaster relief and poverty alleviation efforts, enhancing its community engagement[144]. - The company’s efforts in poverty alleviation led to recognition, with a village being awarded "Civilized Village" status and a company representative receiving an advanced individual honor[147]. Future Outlook and Strategic Plans - The company aims to achieve a coal production target of 6.6 million tons in 2022, with a revenue goal of 3.9 billion yuan and a total profit target of 458 million yuan[77]. - The company is committed to transitioning towards high-quality development characterized by green, low-carbon, and intelligent practices in line with national "dual carbon" strategies[72]. - The company plans to focus on safety management and risk prevention, emphasizing the importance of adhering to safety protocols and enhancing coal quality control[74]. - The company aims to enhance its core competitiveness by expanding external markets and increasing the proportion of external revenue and profit in total income and profit[86].

2021 年第三季度报告 证券代码：600121 证券简称：郑州煤电 郑州煤电股份有限公司 2021 年第三季度报告 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 12 单位：元 币种：人民币 项目 本报告期 本报告期 比上年同 期增减变 动幅度(%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 625,275,179.17 -19.33 2,142,122,437.60 6.78 归属于上市公司股东的 净利润 -184,282,064.87 -91.09 -72,589,572.55 82.17 归属于上市公司股东的 ...

2021 年半年度报告 公司代码：600121 公司简称：郑州煤电 郑州煤电股份有限公司 2021 年半年度报告 1 / 132 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人于泽阳、主管会计工作负责人张海洋及会计机构负责人（会计主管人员）房敬声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺，请投 资者注意投资风险。 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 作为我国重要的一次性能源，煤炭受宏观经济、国家政策和市场供需等变化影响，公司煤炭 产品价格存在波动风险，对公司业绩有 ...

Financial Performance - In 2020, Zhengzhou Coal Power achieved a net profit of -863,184,576.59 RMB, with a net profit attributable to shareholders of -944,084,997.36 RMB, resulting in a basic earnings per share of -0.7748 RMB[4]. - The company's operating revenue for 2020 was 2,793,337,246.31 RMB, representing a decrease of 22.32% compared to the previous year[22]. - The net profit attributable to shareholders for 2020 was a loss of CNY 146,626,504, which improved by CNY 3,084,934 from the previous loss of CNY 149,711,438[27]. - The basic earnings per share for 2020 was -0.7748 CNY, a decrease of 2.66% compared to -0.7547 CNY in 2019[24]. - The total profit for the year was a loss of CNY 783 million, with a debt-to-asset ratio of 82.24%[56]. - The company's adjusted revenue for 2020 was CNY 591,047,081, an increase of CNY 21,799,361 compared to the previous figure of CNY 569,247,719[27]. - The total revenue of large-scale coal enterprises in 2020 was 2,000.19 billion RMB, a year-on-year decrease of 8.4%, while the total profit was 222.27 billion RMB, down 21.1% year-on-year[38]. - The company achieved a coal production of 7.11 million tons and a revenue of CNY 2.793 billion, reflecting a decrease of 22.32% compared to the previous year[56]. - The coal segment generated revenue of CNY 2.375 billion with a gross margin of 14.48%, down 19.63 percentage points year-over-year[60]. - The electricity segment reported a significant decline in revenue by 75.58% to CNY 18.05 million, with a gross margin of -51.52%[60]. Assets and Liabilities - The total assets of Zhengzhou Coal Power at the end of 2020 were 14,452,403,675.92 RMB, an increase of 6.85% from the previous year[23]. - The net assets attributable to shareholders decreased by 34.59% to 1,810,072,322.53 RMB compared to the previous year[23]. - The company's total liabilities increased, leading to a significant rise in financing costs, which were CNY 380.76 million, up 1,442.46% from the previous year[58]. - The company's cash and cash equivalents at the end of the period amounted to 3,400,223,813.49 CNY, with certain funds restricted due to environmental and legal obligations[77]. - The company reported a significant increase in other receivables by 301.48% to 531,262,643.83 CNY, attributed to debt transfer arrangements[74]. Cash Flow - The net cash flow from operating activities was -114,256,178.03 RMB, showing an improvement of 12.72% compared to the previous year[22]. - The cash flow from operating activities for 2020 was a negative CNY 556,947,986, showing a slight improvement of CNY 425,680 compared to the previous figure[27]. - The net cash flow from investing activities was primarily affected by payments for equity acquisitions, while financing activities saw a net outflow due to the repayment of due financing[71]. Market and Industry Trends - Zhengzhou Coal Power is facing significant risks related to coal price volatility influenced by macroeconomic factors and market supply and demand changes[8]. - The national coal consumption increased by 0.6% year-on-year, with the power industry, steel industry, building materials industry, and chemical industry consuming coal up by 0.8%, 3.3%, 0.2%, and 1.3% respectively[35]. - The national coal production reached 3.9 billion tons in 2020, a year-on-year increase of 1.4%, while the coal import volume was 304 million tons, up 1.5% year-on-year, marking the highest level since 2014[36]. - The coal industry is expected to see an annual consumption growth rate of around 1% during the 14th Five-Year Plan period, reflecting a decline in coal's share of primary energy consumption[92]. - The company’s coal production and sales are expected to remain stable, with coal maintaining a 50% share in China's energy consumption structure[92]. Operational Developments - The company is continuing its mine technical reform projects in 2021, which may impact future financial performance[4]. - The company operates primarily in coal mining and sales, with a focus on direct sales and a unified management model for sales[33]. - The company aims to maintain profitability through the production and sale of raw coal, emphasizing a long-term development strategy[34]. - The company has developed proprietary technologies in mining safety and efficiency, leading in the domestic market for complex mining techniques[39]. - The company has made significant investments in safety equipment and monitoring systems to improve emergency response capabilities and operational safety[44]. - The company has established five pairs of high-efficiency coal mines, with Xinzheng Coal Mine classified as a special high-efficiency coal mine, and others like Baiping Coal Industry and Chaohua Coal Mine classified as first-level high-efficiency coal mines[49]. - The company plans to increase the main shaft lifting capacity from 1.3 million tons to 1.8 million tons per year at Gaoceng Coal Mine, following the completion of the industrial upgrade project[47]. Environmental and Safety Management - The company is focusing on safety management and environmental protection, aiming for zero fatalities in coal production[97]. - The company has implemented a comprehensive safety management system, enhancing risk prevention and control measures across its operations[42]. - The company has achieved a 100% safe disposal rate for solid and hazardous waste during the reporting period[146]. - The wastewater treatment station has a total processing capacity of 2,500 m³/h for mine water, ensuring compliance with discharge standards[146]. - The company has converted coal-fired boilers to gas boilers, resulting in compliant emissions for air pollutants[147]. - The company has implemented a comprehensive environmental management responsibility system and increased investment in environmental governance[146]. Governance and Management - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective operation and information disclosure[186]. - The management team includes experienced professionals from various sectors, enhancing strategic decision-making capabilities[172]. - The company has not disclosed any new product developments or technological advancements in the current report[175]. - The independent directors did not raise any objections to the company's matters during the reporting period[193]. - The company has established a comprehensive evaluation mechanism for senior management based on production, safety, and operational budget execution, but has not yet implemented a long-term incentive mechanism for senior management[195]. Shareholder and Investor Relations - The company has actively communicated with investors and regulatory bodies to maintain transparency and manage stock price fluctuations effectively[54]. - The number of ordinary shareholders increased from 135,650 to 151,516 during the reporting period[157]. - The largest shareholder, Zhengzhou Coal Industry (Group) Co., Ltd., holds 777,671,056 shares, representing 63.83% of total shares[159]. - The company does not have any strategic investors or general legal entities among its top ten shareholders[161]. - The company has not made any adjustments to its cash dividend policy during the reporting period[108]. Legal and Compliance Issues - The company faced a significant lawsuit involving its subsidiary Shanghai Zhengmei, with a first-instance judgment resulting in a liability provision of RMB 161.72 million[120]. - As of December 31, 2020, the total accrued penalties and delayed payment interest related to the lawsuit amounted to RMB 195.08 million[120]. - The audit report issued by Asia Pacific (Group) CPA firm highlighted significant uncertainties regarding the company's ability to continue as a going concern[6]. - The company has not reported any major accounting errors or changes in accounting estimates during the reporting period[117].