截至本公告披露日，河南大有能源股份有限公司（以下简称"公 司"）股东义马煤业集团青海义海能源有限责任公司（以下简称"义 海能源"）持有公司股份 542,500,845 股，占公司总股本的 22.69%， 义海能源系公司控股股东义马煤业集团股份有限公司（以下简称"义 煤公司"）的子公司，为义煤公司一致行动人。义海能源本次质押股 份 41,000,000 股，本次质押完成后，义海能源累计质押股份数量为 270,000,000 股，占其持有公司股份总数的 49.77%，占公司总股本的 11.29%。 一、本次股份质押基本情况 公司于 2025 年 9 月 12 日获悉公司股东义海能源所持有本公司的 部分股份被质押，具体情况如下： | | 是否为 | | 是否为 限售股 | | | | | 占其所 | 占公司 | 质押融 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 控股股 | 本次质押股 | （如是， | 是否补 | 质押起始日 | 质押到期日 | 质权人 | 持股份 | 总股本 | 资资金 | | 名称 | ...

Group 1: Market Performance - The coal mining sector increased by 0.03% compared to the previous trading day, with Electric Power Investment leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Group 2: Individual Stock Performance - Electric Power Investment (002128) closed at 21.37, up 1.38% with a trading volume of 162,300 shares [1] - Yongtai Energy (600157) closed at 1.49, up 1.36% with a trading volume of 9.64 million shares [1] - China Shenhua (601088) closed at 38.16, up 0.69% with a trading volume of 425,700 shares [1] - Jinko Energy (601001) closed at 12.96, down 2.56% with a trading volume of 226,400 shares [2] Group 3: Capital Flow Analysis - The coal mining sector experienced a net outflow of 420 million yuan from main funds, while retail investors saw a net inflow of 314 million yuan [2] - The main funds showed a negative net flow in several stocks, including Yongtai Energy and Pingmei Shenhua [3] - Retail investors contributed positively to stocks like Gansu Energy and New Dazhou A, indicating varied investor sentiment across the sector [3]

Group 1 - The company plans to provide an 80% joint liability guarantee for a 100 million yuan working capital loan for its subsidiary, Aksu Taha Mining Co., Ltd. [3][6] - The loan will be obtained from Xinjiang Bank's Aksu branch and has a term of three years [3]. - The board of directors approved this guarantee at the 20th meeting of the 9th board on August 27, 2025 [10][16]. Group 2 - Aksu Taha Mining Co., Ltd. is a wholly-owned subsidiary of Henan Dayou Energy Co., Ltd. and is engaged in coal mining and related activities [5]. - The registered capital of Aksu Taha Mining is 773.7255 million yuan [5]. - The company has not yet signed the relevant guarantee agreement, and the specific content will be determined upon signing [5]. Group 3 - As of the announcement date, the company's total external guarantee balance is 498 million yuan, which accounts for 8.79% of the latest audited net assets [8]. - The board believes that the guarantee risk is controllable and does not harm the interests of the company and its shareholders [6].

Core Insights - Daya Energy (600403.SH) reported a total revenue of 1.92 billion yuan for the first half of 2025, ranking 22nd among disclosed peers, which represents a decrease of 680 million yuan or 26.14% year-on-year [1] - The company recorded a net profit attributable to shareholders of -850 million yuan, ranking 25th among peers, a decline of 362 million yuan compared to the same period last year [1] - Operating cash flow was 102 million yuan, ranking 16th among peers, down 388 million yuan or 79.23% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio is 73.01%, ranking 22nd among peers, an increase of 2.40 percentage points from the previous quarter and 4.72 percentage points from the same period last year [3] - The latest gross margin is -2.89%, ranking 24th among peers, a decrease of 11.62 percentage points from the previous quarter and 17.26 percentage points year-on-year [3] - The latest return on equity (ROE) is -17.57%, ranking 23rd among peers, a decline of 9.79 percentage points from the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is -0.36 yuan, ranking 25th among peers, a decrease of 0.15 yuan compared to the same period last year [3] - The latest total asset turnover ratio is 0.09 times, ranking 25th among peers, a decrease of 0.03 times or 22.69% year-on-year [3] - The latest inventory turnover ratio is 9.31 times, ranking 7th among peers, a decrease of 2.31 times or 19.85% year-on-year [3] Shareholder Information - The number of shareholders is 38,200, with the top ten shareholders holding 2.083 billion shares, accounting for 87.13% of the total share capital [3] - The largest shareholder is Yima Coal Industry Group Co., Ltd., holding 618 million shares [3]

Group 1 - Company Daya Energy announced on August 28 that it has provided a guarantee for Taha Mining [1] - As of the date of the announcement, the total external guarantee balance of the company is 498 million yuan, which does not include this guarantee [1] - The external guarantee balance accounts for 8.79% of the company's most recent audited net assets [1]

Core Viewpoint - Daya Energy announced that it will provide an 80% joint liability guarantee for a 100 million yuan working capital loan for Taha Mining at Xinjiang Bank [1] Group 1 - The board of directors of Daya Energy approved the guarantee proposal during its 20th meeting of the 9th session [1] - The guarantee is aimed at supporting Taha Mining's financial needs [1]

格隆汇8月27日丨大有能源(600403.SH)发布中报，2025上半年实现营业总收入19.2亿元，同比下降 26.14%；归属母公司股东净利润-8.51亿元，较上年同期亏损增加3.62亿元；基本每股收益为-0.3561元。 ...

Core Viewpoint - The report indicates a significant decline in the financial performance of Henan Dayou Energy Co., Ltd. for the first half of 2025, primarily due to a decrease in coal prices and demand, leading to substantial losses in net profit and revenue [1][3]. Company Overview and Financial Indicators - The company reported a total revenue of approximately 1.92 billion yuan, a decrease of 26.14% compared to the same period last year [2]. - The total profit for the period was a loss of approximately 824.73 million yuan, compared to a loss of 381.28 million yuan in the previous year [2]. - The net profit attributable to shareholders was approximately -851.48 million yuan, a significant increase in losses compared to -489.88 million yuan in the previous year [2]. - The company's net assets decreased by 14.48% to approximately 4.85 billion yuan compared to the end of the previous year [2]. Business Operations and Market Conditions - The main business activities of the company include coal mining, wholesale coal trading, and coal washing and processing, with products such as long flame coal, coking coal, and lean coal [3]. - The company experienced a 10.17% increase in coal production, reaching 5.21 million tons, but a significant drop in sales revenue by 26.14% due to falling coal prices [3]. - The average selling price of coal decreased by approximately 29% compared to the previous year, contributing to the overall loss [3]. Industry Analysis - The coal market is characterized by a continuous oversupply, with the average coal price significantly declining compared to the previous year, leading to a 53% drop in profits for the coal mining industry as a whole [3]. - In the first half of 2025, the production of raw coal by large industrial enterprises increased by 5.4% year-on-year, while coal imports decreased by 11.1% [3]. - The demand for coal has weakened, with a 2.4% decline in thermal power generation and decreases in steel and cement production [3]. Financial Performance Summary - The company's operating costs were approximately 1.98 billion yuan, down 11.26% from the previous year [3]. - The net cash flow from operating activities was approximately 101.79 million yuan, a decrease of 79.23% compared to the previous year [3]. - The company reported a significant increase in financial expenses by 27.74% to approximately 149.43 million yuan [3]. Risk Factors and Future Outlook - The company faces risks related to geological conditions and safety hazards in coal mining, which could adversely affect operations [5]. - The coal industry is subject to regulatory changes and market dynamics, which may impact the company's performance in the future [5].

Core Points - The report indicates a significant decline in the company's financial performance, with a 26.14% decrease in operating income compared to the previous year [1] - The net profit attributable to shareholders of the listed company was -851.48 million yuan, a substantial drop from -489.88 million yuan in the same period last year [1] - Total assets increased slightly by 0.09% to approximately 20.51 billion yuan, while net assets attributable to shareholders decreased by 14.48% [1] Financial Summary - Total assets at the end of the reporting period were 20,506,250,759.73 yuan, compared to 20,488,050,589.15 yuan at the end of the previous year [1] - Operating income for the current period was 1,920,222,888.57 yuan, down from 2,599,934,639.94 yuan, reflecting a decrease of 26.14% [1] - The total profit for the period was -381,278,240.51 yuan, indicating a significant loss [1] - The net cash flow from operating activities was 101,788,625.87 yuan, a decrease of 79.23% compared to the previous year [1] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,240 [2] - The largest shareholder, Yima Coal Industry Group Co., Ltd., holds 61.81% of the shares, amounting to 1,477,659,766 shares [2] - The second-largest shareholder, Yima Coal Industry Group Qinghai Yihai Energy Co., Ltd., holds 22.69% of the shares, totaling 542,500,845 shares [2]

Core Points - The board of directors of Henan Dayou Energy Co., Ltd. held its 20th meeting of the 9th session and approved several key proposals, including the 2025 semi-annual report and a risk assessment report [1][2] - The company approved a guarantee for a 100 million yuan working capital loan for Aksu Taha Mining Co., Ltd., providing an 80% joint liability guarantee [2] Summary by Category Board Meeting Resolutions - The board meeting was attended by 11 directors, and all resolutions were passed unanimously with no dissenting votes [1] - The semi-annual report for 2025 was approved, having been reviewed by the audit committee prior to the board meeting [1] Financial Guarantees - The company agreed to provide a guarantee for a loan to Aksu Taha Mining Co., Ltd., with the guarantee covering 80% of the loan amount [2] - The decision regarding the guarantee was also unanimously approved by the board [2]