Credit Risk and Financial Instruments - The company assesses expected credit losses based on the nature of financial instruments, using a simplified approach for receivables without significant financing components, measuring losses over the entire duration[1]. - For receivables, the company categorizes them into several groups based on credit risk characteristics, with significant individual assessments for amounts over 10 million yuan[2]. - The company employs a "three-stage" model for measuring loss provisions for financial assets, with different approaches based on the credit risk status of the instruments[4]. - In the first stage, expected credit losses are measured over the next 12 months for financial instruments with no significant increase in credit risk since initial recognition[5]. - The company utilizes historical credit loss experience and current conditions to forecast future economic scenarios for calculating expected credit losses[2]. - The company continuously remeasures expected credit losses at each balance sheet date, with changes recognized in profit or loss[7]. Macroeconomic Risks and Strategies - The company faces macroeconomic risks, particularly from insufficient domestic demand and challenges in related industries, which may impact operational performance[13]. - The company plans to optimize product structure and enhance management levels to mitigate macroeconomic risks and improve operational resilience[13]. - The company monitors macroeconomic policy changes and coal market dynamics to make informed strategic decisions[13]. Environmental and Safety Measures - The company emphasizes safety as a fundamental aspect of its development, implementing strict safety measures to mitigate risks associated with coal mining, particularly in high-risk areas[14]. - Environmental protection measures are being enhanced, including the application of new green technologies and pollution prevention facilities, in response to national policies on carbon neutrality[15]. - The company is committed to enhancing its environmental responsibility by increasing investments in pollution control and environmental management systems[15]. - The company’s safety responsibility system is being strengthened to ensure accountability at all levels of management[14]. Financial Performance - The company's operating revenue for the first half of 2023 was ¥5,297,402,874.88, a decrease of 15.23% compared to ¥6,248,816,530.86 in the same period last year[78]. - The net profit attributable to shareholders of the listed company was ¥619,277,332.88, down 50.23% from ¥1,244,230,923.59 year-on-year[78]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥557,396,194.40, a decline of 61.59% compared to ¥1,451,039,189.32 in the previous year[78]. - The net cash flow from operating activities was ¥795,992,811.10, a decrease of 44.41% from ¥1,431,792,578.64 in the same period last year[78]. - The total assets at the end of the reporting period were ¥32,116,147,013.56, an increase of 6.89% from ¥30,044,756,753.30 at the end of the previous year[78]. - The net assets attributable to shareholders of the listed company were ¥11,459,217,857.05, a slight decrease of 0.50% from ¥11,516,942,190.56 at the end of the previous year[78]. - The company does not plan to distribute cash dividends or issue bonus shares for this reporting period[62]. Earnings and Shareholder Returns - The company's basic earnings per share for the first half of 2023 is CNY 0.288, a decrease of 50.345% compared to the same period last year[106]. - The diluted earnings per share for the same period is also CNY 0.288, reflecting the same percentage decrease of 50.345%[106]. - The basic earnings per share after deducting non-recurring gains and losses is CNY 0.260, down 61.538% year-on-year[106]. - The weighted average return on net assets is 5.236%, a decrease of 13.374 percentage points compared to the previous year[106]. Coal Market Dynamics - The coal production in China for the first half of 2023 reached 2.3 billion tons, an increase of 4.4% year-on-year[110]. - Coal imports during the same period amounted to 222 million tons, showing a significant increase of 93% year-on-year[110]. - The coal market is experiencing a downward trend in prices due to multiple factors, including reduced downstream demand[110]. - The average selling price of self-produced premium coal decreased by CNY 415.81 per ton, leading to a revenue loss of CNY 93,182,070, while sales volume increased by 77,100 tons[120]. Operational Performance - The company produced 7,998,500 tons of raw coal and sold 6,742,826.72 tons of coal, generating revenue of CNY 5,152,738,985.83, a year-on-year decrease of 15.23%[120]. - The cost of goods sold increased by 7.10% to CNY 3,693,366,136.74, driven by higher production costs and increased safety fees[127]. - Research and development expenses rose by 27.11% to CNY 116,125,693.61, reflecting the company's commitment to technological innovation and increased R&D projects[129]. Cash Flow and Financing - The net cash flow from financing activities dropped by 65.49% to CNY 1,095,634,195.86, primarily due to a lack of new capital raised from non-public stock offerings[131]. - The company's cash and cash equivalents at the end of the reporting period were 4.25 billion, accounting for 13.25% of total assets, down from 15.21% in the previous year[154]. - The company's receivables increased by 27.37% to 440.06 million compared to 345.50 million in the previous year[154]. - The company reported a significant increase in prepayments, which rose by 161.49% to 47.71 million from 18.25 million in the previous year[154]. Strategic Initiatives - The company is focusing on the integration of traditional and renewable energy sources, including the construction of new energy bases[118]. - The company is advancing automation and intelligent mining technologies, with 90% mechanization in mining operations[118]. - The company aims to become a leading clean energy supplier in China through strategic mergers and resource optimization[119]. - The company is promoting the integrated development of coal and new energy[197]. Subsidiary Performance - Guizhou Panjiang Resources Development Co., Ltd. achieved operating revenue of 135.66 million yuan and net profit of 7.61 million yuan for the first half of 2023[170]. - Guizhou Panjiang Mayi Coal Industry Co., Ltd. reported operating revenue of 23.83 million yuan but incurred a net loss of 96.30 million yuan in the same period[171]. - Guizhou Panjiang Hengpu Coal Industry Co., Ltd. generated operating revenue of 8.43 million yuan with a net loss of 33.27 million yuan for H1 2023[172]. - Guizhou Panjiang Mining Machinery Co., Ltd. recorded operating revenue of 352.72 million yuan and net profit of 38.97 million yuan in the first half of 2023[172]. - Guizhou Songhe Coal Industry Development Co., Ltd. achieved operating revenue of 836.37 million yuan and net profit of 202.71 million yuan for H1 2023[177]. - Guotou Panjiang Power Co., Ltd. reported operating revenue of 561.38 million yuan and net profit of 96.33 million yuan, distributing cash dividends of 36 million yuan[177]. - Guizhou Panjiang Group Financial Co., Ltd. generated operating revenue of 44.34 million yuan and net profit of 19.91 million yuan in the first half of 2023[177].

贵州盘江集团财务有限公司 持续风险评估报告 按照《上海证券交易所上市公司自律监管指引第 5 号—交易与关联交 易》的要求，贵州盘江精煤股份有限公司（以下简称"公司"或"本公司"） 通过查验贵州盘江集团财务有限公司（以下简称"财务公司"）《金融许可 证》《营业执照》等证件资料，并审阅包括资产负债表、利润表、现金流量 表等在内的财务公司定期财务报告，对财务公司的经营资质、业务和风险 状况进行了评估，现将有关风险评估情况报告如下： 一、财务公司基本情况 财务公司是经中国银行业监督管理委员会批准设立，合法持有《金融 许可证》并持续有效的非银行金融机构。财务公司于 2013 年 5 月 3 日由公 司与贵州能源集团有限公司共同投资设立，其中：贵州能源集团有限公司 出资 2.75 亿元，持股 55%；本公司出资 2.25 亿元，持股 45%。 统一社会信用代码：91520190067726228Q 金融许可证机构编码：L0176H252010001 法定代表人：龙治安 企业类型：其他有限责任公司 住 所：贵州省贵阳市观山湖区林城西路 95 号 经营范围：吸收成员单位存款；办理成员单位贷款；办理成员单位票 据贴现；办理成员 ...

中信建投证券股份有限公司关于 贵州盘江精煤股份有限公司 向贵州盘江集团财务有限公司增加投资 暨关联交易的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"本保荐机构"）作 为贵州盘江精煤股份有限公司（以下简称"盘江股份"或"公司"）非公开发行A股 股票的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所 股票上市规则》《上海证券交易所上市公司自律监管指引第11号——持续督导》 等相关文件的要求，对盘江股份向贵州盘江集团财务有限公司（以下简称"财务 公司"）增加投资暨关联交易事项进行了审慎核查，核查情况如下： 一、关联交易概述 财务公司成立于2013年5月，系经中国银行业监督管理委员会批准，为企 业集团成员单位提供金融服务的非银行金融机构，注册资本5亿元，公司持有财 务公司45%股权，公司控股股东贵州能源集团有限公司（以下简称"贵州能源集 团"）持有财务公司55%股权。根据2022年10月中国银保监会修订发布的《企业 集团财务公司管理办法》（银保监会令2022年第6号）规定，企业集团财务公司 注册资本最低限额为10亿元。为了满足监管机构对财务公司的监管要求，财务 公司现有股东拟按各自持 ...

证券代码：600395 证券简称：盘江股份 编号：临 2023-048 贵州盘江精煤股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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： 会议召开时间：2023 年 09 月 05 日(星期二)上午 11:00-12:00。 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/）。 会议召开方式：上证路演中心网络互动。 投资者可于 2023 年 08 月 29 日(星期二)至 09 月 04 日(星期一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过邮箱 pjldp@163.com 进行提问。贵州盘江精煤股份有限公司（以下简称"公司"） 将在说明会上对投资者普遍关注的问题进行回答。 公司于 2023 年 8 月 25 日发布公司 2023 年半年度报告，为便于广大投 资者更全面深入地了解公司 2023 年半年度经营成果、财务状况及未来发展 ...

贵州盘江精煤股份有限公司（以下简称"公司"）第六届董事会第十二次 会议于 2023 年 8 月 23 日以通讯方式召开。会议由公司董事长朱家道先生 主持，应参加会议董事 9 人，实际参加会议董事 9 人。会议符合《公司法》 和《公司章程》等有关规定，合法有效。 出席会议的董事经过认真审议，以记名投票的表决方式，审议通过了 以下议案： 一、2023 年半年度报告及摘要 证券代码：600395 证券简称：盘江股份 编号：临 2023-044 贵州盘江精煤股份有限公司 第六届董事会第十二次会议决议公告 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。 表决结果：9 票同意，0 票反对，0 票弃权。内容详见上海证券交易所 网站（http://www.sse.com.cn）。 会议认为：公司《2023 年半年度报告及摘要》的内容和格式符合中国证 券监督管理委员会和上海证券交易所的各项规定，报告的内容真实、客观地 反映了公司 2023 年半年度的财务状况和经营成果，因此会议同意该议案。 四、关于向贵州盘江集团财务有限公司增加投资暨关联交易的 ...

1.公司《2023 年半年度报告及摘要》的内容和格式符合中国证券监督 管理委员会和上海证券交易所的各项规定，真实、客观、公允地反映了公 司 2023 年半年度的财务状况和经营成果。 证券代码：600395 证券简称：盘江股份 编号：临 2023-047 贵州盘江精煤股份有限公司 第六届监事会第十二次会议决议公告 本公司监事会及全体监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。 贵州盘江精煤股份有限公司（以下简称"公司"）第六届监事会第十二次 会议于 2023 年 8 月 23 日以通讯方式召开。会议由公司监事会主席赖远忠 先生主持，应参加会议监事 5 人，实际参加会议监事 5 人。会议符合《公 司法》和《公司章程》等有关规定，合法有效。 出席会议的监事经过认真审议，以记名投票的表决方式，审议通过了 以下议案： 一、2023 年半年度报告及摘要 表决结果：5 票同意，0 票反对，0 票弃权。 监事会在全面了解和审核公司《2023 年半年度报告及摘要》后认为： 监事会认为：贵州盘江集团财务有限公司具有合法有效的《金融许可 证》和《营业执照》，建立了 ...

证券代码：600395 证券简称：盘江股份 编号：临 2023-046 贵州盘江精煤股份有限公司 关于向贵州盘江集团财务有限公司增加投资暨关联 交易的公告 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： 增资标的名称：贵州盘江集团财务有限公司（以下简称"财务公司"）。 增资金额：2.25 亿元。 鉴于财务公司为公司控股股东贵州能源集团有限公司（以下简称"贵 州能源集团"）控股子公司，根据《上海证券交易所股票上市规则》等有关 规定，财务公司属于公司的关联方，故本次公司向财务公司增资构成关联 交易，但不构成重大资产重组。 一、增资情况概述 （一）增资基本情况 财务公司成立于 2013 年 5 月，系经中国银行业监督管理委员会批准， 为企业集团成员单位提供金融服务的非银行金融机构，注册资本 5 亿元， 公司持有财务公司 45%股权，公司控股股东贵州能源集团持有财务公司 55% 股权。根据 2022 年 10 月中国银行保险监督管理委员会修订发布的《企业 集团财务公司管理办法》（银保监会令 2022 年第 6 号）规定 ...

证券代码：600395 证券简称：盘江股份 编号：临 2023-045 贵州盘江精煤股份有限公司 关于公司 2023 年半年度募集资金存放与实际使用情况的 专项报告 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。 根据中国证监会《关于核准贵州盘江精煤股份有限公司非公开发行股 票的批复》（证监许可[2021]4148 号），公司向特定投资者发行人民币普通 股（A）股 491,573,033 股，每股发行价格 7.12 元，募集资金总额 3,499,999,994.96 元 ， 扣 除 各 项 发 行 费 用 后 ， 实 际 募 集 资 金 净 额 为 3,486,253,227.95 元。由于部分审计费、法律服务费和证券登记费合计 1,482,616.07 元公司以自有资金支付，因此募集资金实际到账金额为 3,487,735,844.02 元。上述资金已于 2022 年 3 月 31 日全部到账，大信会计 师事务所（特殊普通合伙）于 2022 年 4 月 1 日对募集资金到位情况进行审 - 1 - 验，并出具《验资报告》（大信验 ...

Group 1: Event Details - The performance briefing will be held on May 17, 2023, from 15:30 to 17:30 [1] - The event will be conducted remotely via the internet [1] Group 2: Participation Information - Company representatives will include the chairman (or general manager) and relevant senior management [2] - Investors can participate by logging into http://rs.p5w.net [2] Group 3: Investor Engagement - Questions from investors will be collected in advance, with the submission period open until May 15, 2023 [2] - Investors can submit questions via the "Guizhou Capital Market" WeChat account or through email at pjldp@163.com [2] Group 4: Contact Information - Contact person for inquiries is the company's board office [3] - Contact phone number is 0858-3703046, and email is pjldp@163.com [3] Group 5: Post-Event Access - After the briefing, investors can view the event details and main content on the Panoramic Roadshow website [3]

Financial Performance - In 2022, the company's operating revenue reached ¥11,843,059,269.15, an increase of 21.77% compared to ¥9,725,582,041.91 in 2021[18] - The net profit attributable to shareholders was ¥2,194,069,947.31, representing an 87.14% increase from ¥1,172,405,831.89 in the previous year[18] - The net cash flow from operating activities was ¥3,534,759,358.14, up 110.53% from ¥1,678,972,096.24 in 2021[18] - The total assets of the company at the end of 2022 were ¥30,044,756,753.30, a 46.55% increase from ¥20,501,948,653.48 in 2021[18] - The net assets attributable to shareholders increased by 66.37% to ¥11,516,942,190.56 from ¥6,922,448,325.48 in 2021[18] - The basic earnings per share for 2022 were ¥1.107, a 56.36% increase from ¥0.708 in 2021[18] - The weighted average return on equity increased to 22.225% from 16.535% in the previous year, reflecting a growth of 5.690 percentage points[18] - The company reported a total non-operating income of 60,500,793.89 CNY in 2022, a significant recovery from a loss of 199,730,430.68 CNY in 2021[23] Dividends and Shareholder Returns - The company proposed a cash dividend of ¥4.10 per 10 shares, totaling ¥880,116,200, which is subject to shareholder approval[4] - The company did not plan to issue bonus shares or convert capital reserves into share capital for the year[4] Strategic Goals and Future Plans - The company plans to continue expanding its coal business and accelerate project construction as part of its strategic goals for the upcoming years[49] - The company aims to produce 15.5 million tons of raw coal and achieve total operating revenue of CNY 10.359 billion in 2023, with a profit target of CNY 1.9 billion[94] - The company plans to leverage the regional advantages of the southwest and the national policy support for coal supply centers to enhance its market position[93] - The company’s coal production and sales strategy focuses on integrating coal and new energy to establish a modern comprehensive energy base[93] Operational Performance - The company emphasized its commitment to safety and environmental standards while achieving record production and operational performance in 2022[49] - The company achieved a net profit attributable to shareholders of 764,836,719.17 CNY in Q2 2022, marking a 59.5% increase compared to Q1 2022[46] - The company’s procurement from related parties amounted to CNY 1,603.22 million, accounting for 24.18% of total annual procurement[83] Investments and Financial Management - The company’s R&D investment totaled CNY 185,225,944.32, accounting for 1.56% of operating revenue[84] - The total amount of entrusted loans was CNY 215 million, with an annualized return rate of 4.35%, and the expected return was CNY 2,132,252.25, which has been fully recovered[80] - The company has invested RMB 300,000,000.00 in bank wealth management products with a 1.47% annualized return, which has been fully recovered[109] - The company has a total of RMB 1,337,000,000.00 in entrusted loans, with an outstanding balance of RMB 540,000,000.00[110] Related Party Transactions - The company reported significant related party transactions totaling 302.81 million yuan, primarily involving services and labor provided to and from related entities[67] - The company has engaged in significant transactions with related parties, including RMB 1,508,000,000.00 in commercial bill acceptance and RMB 1,518,000,000.00 in commercial bill discounting with Guizhou Panjiang Group Financial Co., Ltd.[104] Legal and Compliance Matters - The company is involved in a property damage compensation dispute with China National Petroleum Corporation, which is currently under litigation[61] - The company has not faced any violations or penalties related to its directors, supervisors, or senior management[64] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[29] Changes in Corporate Structure - The company completed the name change from Guizhou Panjiang Coal and Electricity Group Co., Ltd. to Guizhou Energy Group Co., Ltd. as of April 3, 2023[95] - The company has undergone a name change from Guizhou Panjiang Coal and Electricity Group Co., Ltd. to Guizhou Energy Group Co., Ltd. as of April 3, 2023, with the merger process progressing steadily[193] Financial Position - The total equity attributable to shareholders increased to CNY 7,949,591,897.13, up from CNY 6,853,435,293.79 in the previous year, reflecting a growth of approximately 15.9%[179] - The total liabilities decreased to CNY 4,748,132,589.70, improving the company's financial leverage and stability[183] - The company’s total liabilities and equity amounted to CNY 30.04 billion, up from CNY 20.50 billion in the previous year[141] Market and Industry Context - The company operates in the coal industry, with main products including premium coal, mixed coal (thermal coal), electricity, and machinery processing[193] - The company has multiple subsidiaries involved in coal mining, power generation, and resource development, indicating a diversified operational structure[193]