Core Viewpoint - The A-share market showed mixed performance with the ChiNext index rising by 0.64% while the Shanghai Composite Index and Shenzhen Component Index fell by 0.93% and 0.26% respectively, indicating a slight weakness in the overall market sentiment [1] Market Performance - As of midday, the Shanghai Composite Index decreased by 0.93%, the Shenzhen Component Index fell by 0.26%, and the ChiNext index increased by 0.64% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.08 trillion yuan, an increase of 108.5 billion yuan compared to the previous trading day [1] Sector Highlights - The main focus of the market was on computing power concepts, with most stocks in the two markets showing negative performance [1] - The CPO concept stocks rose against the trend, with New Yi Sheng hitting the daily limit and reaching a historical high, while Dongtianwei, Zhongji Xuchuang, and Shijia Guangzi all increased by over 10% [1] - The coal mining sector experienced low fluctuations in the morning, with Dayou Energy and Shanxi Black Cat both dropping by over 7% [1] - The electricity sector continued to weaken, with Huayin Power hitting the daily limit down [1] - The real estate sector saw a pullback, with Greenland Holdings also hitting the daily limit down [1]

煤炭开采加工板块走弱，大有能源（600403）、华电能源（600726）、陕西黑猫（601015）跌超5%， 恒源煤电（600971）、淮北矿业（600985）跟跌。 ...

Core Viewpoint - The company, Henan Dayou Energy Co., Ltd., has announced a significant expected loss for the first half of 2025, with a projected net profit attributable to shareholders of -820 million yuan, indicating an increase in loss compared to the previous year [2][4]. Financial Performance Summary - The company anticipates a net profit of -820 million yuan for the first half of 2025, which is a decline of 330.12 million yuan compared to the same period last year [2][4]. - The expected net profit, excluding non-recurring gains and losses, is projected to be -826.33 million yuan, reflecting an increase in loss of 340.49 million yuan year-on-year [2][4]. - In the same period last year, the net profit attributable to shareholders was -489.88 million yuan, and the net profit after excluding non-recurring items was -485.84 million yuan [6]. Operational Challenges - The primary reason for the anticipated loss is attributed to a significant decline in coal prices, with the average selling price of coal dropping approximately 29% year-on-year, leading to a decrease in coal sales revenue by about 746 million yuan [8].

证券代码：600403 证券简称：大有能源 编号：临 2025-034 号 特此公告。 河南大有能源股份有限公司董事会 二〇二五年七月十五日 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。 根据《上海证券交易所上市公司自律监管指引第 3 号—行业信息 披露》（第二号—煤炭）要求，河南大有能源股份有限公司（以下简 称"公司"）特披露 2025 年半年度主要经营数据如下： | 项 目 | 2025 年 1-6 月 | 2024 年 1-6 月 | 变动比例（%） | | --- | --- | --- | --- | | 商品煤产量（万吨） | 521.04 | 472.93 | 10.17 | | 商品煤销量（万吨） | 508.05 | 463.29 | 9.66 | | 煤炭销售收入（万元） | 174,336.21 | 227,045.76 | -23.22 | | 煤炭销售成本（万元） | 188,653.94 | 180,897.19 | 4.29 | | 煤炭销售毛利（万元） | -14,317.73 | 46 ...

[Important Information Disclosure](index=1&type=section&id=Important%20Information%20Disclosure) The company provides a performance forecast indicating an expected net loss for the period, with specific financial data detailed [Applicability of Performance Forecast](index=1&type=section&id=Applicability%20of%20Performance%20Forecast) This performance forecast applies due to the company's expected negative net profit - The specific applicability of the performance forecast is a **negative net profit**[2](index=2&type=chunk) [Key Financial Data Related to Performance Forecast](index=1&type=section&id=Key%20Financial%20Data%20Related%20to%20Performance%20Forecast) The company forecasts a net loss attributable to the parent of **CNY 820 million** and a non-recurring net loss of **CNY 826 million** for H1 2025, representing increased losses of **CNY 330 million** and **CNY 340 million** respectively year-on-year H1 2025 Performance Forecast | Indicator | H1 2025 Forecast (10,000 CNY) | Year-on-Year Increase in Loss (10,000 CNY) | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company | -82,000 | 33,012.16 | | Net Profit Attributable to Parent Company After Deducting Non-Recurring Gains and Losses | -82,632.79 | 34,049.14 | [Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) This section outlines the performance forecast period, detailed financial projections, and confirms the unaudited status of the preliminary results [Performance Forecast Period](index=1&type=section&id=Performance%20Forecast%20Period) The performance forecast covers the period from January 1, 2025, to June 30, 2025 - The performance forecast period is from **January 1, 2025, to June 30, 2025**[3](index=3&type=chunk) [Performance Forecast Details](index=1&type=section&id=Performance%20Forecast%20Details) Preliminary estimates indicate a net loss attributable to the parent of **CNY 820 million** and a non-recurring net loss of **CNY 826 million** for H1 2025, with increased losses of **CNY 330 million** and **CNY 340 million** respectively year-on-year H1 2025 Performance Forecast | Indicator | H1 2025 Forecast (10,000 CNY) | Year-on-Year Increase in Loss (10,000 CNY) | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company | -82,000 | 33,012.16 | | Net Profit Attributable to Parent Company After Deducting Non-Recurring Gains and Losses | -82,632.79 | 34,049.14 | [Audit Status Explanation](index=1&type=section&id=Audit%20Status%20Explanation) The performance forecast data has not been audited by a certified public accountant - This performance forecast has not been audited by a certified public accountant[3](index=3&type=chunk) [Operating Performance and Financial Status for the Same Period Last Year](index=1&type=section&id=Operating%20Performance%20and%20Financial%20Status%20for%20the%20Same%20Period%20Last%20Year) This section presents key financial performance indicators and the overall financial status for the corresponding period of the previous year [Key Financial Data](index=2&type=section&id=Key%20Financial%20Data) For H1 2024, net profit attributable to the parent was a loss of **CNY 489.88 million**, with a non-recurring net loss of **CNY 485.84 million**, and earnings per share of **CNY -0.2049** H1 2024 Key Financial Data | Indicator | H1 2024 (10,000 CNY) | | :--- | :--- | | Net Profit Attributable to Parent Company | -48,987.84 | | Net Profit Attributable to Parent Company After Deducting Non-Recurring Gains and Losses | -48,583.65 | | Earnings Per Share (CNY) | -0.2049 | [Primary Reasons for Current Period's Expected Loss](index=2&type=section&id=Primary%20Reasons%20for%20Current%20Period%27s%20Expected%20Loss) The expected loss for the current period is primarily attributed to a significant decline in coal prices and a corresponding reduction in coal sales revenue [Analysis of Reasons for Expected Loss](index=2&type=section&id=Analysis%20of%20Reasons%20for%20Expected%20Loss) During the reporting period, a significant decline in coal prices, driven by market supply and demand, led to a **29% year-on-year decrease** in average selling price and a **CNY 746 million reduction** in coal sales revenue, causing the increased loss - Coal prices significantly declined due to market supply and demand[6](index=6&type=chunk) - The company's average selling price of commercial coal decreased by approximately **29%** year-on-year[6](index=6&type=chunk) - Coal sales revenue decreased by approximately **CNY 746 million** year-on-year[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=Risk%20Warning) The company asserts that there are no significant uncertainties impacting the accuracy of the current performance forecast [Risk Warning](index=2&type=section&id=Risk%20Warning) The company declares no significant uncertainties affect the accuracy of this performance forecast - The company has no significant uncertainties affecting the accuracy of this performance forecast[7](index=7&type=chunk) [Other Explanatory Notes](index=2&type=section&id=Other%20Explanatory%20Notes) This section clarifies that the forecast data is preliminary and advises investors to exercise caution regarding investment risks [Other Explanatory Notes](index=2&type=section&id=Other%20Explanatory%20Notes) The forecast data is preliminary, and final accurate financial data will be based on the official periodic report, with investors advised to consider investment risks - The above forecast data is preliminary, and the specific accurate financial data will be subject to the company's officially disclosed periodic report[8](index=8&type=chunk) - Investors are advised to pay attention to investment risks[8](index=8&type=chunk)

Core Viewpoint - The company is proposing a guarantee for a financing lease agreement involving its subsidiary, Luoyang Yian Mining Co., Ltd, to support its operational needs and long-term development [2][4]. Group 1: Company Overview - Henan Dayou Energy Co., Ltd. is holding a shareholder meeting on July 18, 2025, to discuss various agenda items, including a proposal for a guarantee related to financing leasing [1]. - Luoyang Yian Mining Co., Ltd., a subsidiary of the company, was established on February 21, 2006, with a registered capital of 332.5985 million yuan [2][3]. Group 2: Financial Data - For the fiscal year 2024, Luoyang Yian Mining reported an audited revenue of 501.938 million yuan and a net profit of 2.8482 million yuan [2]. - For the first quarter of 2025, the unaudited revenue was 114.3382 million yuan, with a net profit of 11.5244 million yuan [2]. - As of March 31, 2025, the total assets of Luoyang Yian Mining were 752.0218 million yuan, and the net assets were -156.0971 million yuan [3]. Group 3: Financing Lease and Guarantee Details - The financing lease agreement involves a total amount of 100 million yuan with a term of 36 months and an interest rate of 4.5%, with specific repayment schedules outlined [3][4]. - The company will provide an irrevocable joint liability guarantee for the financing lease, covering all obligations of Luoyang Yian Mining to the lessor, Xi'an Huasheng Leasing [3][4]. - The guarantee period will last until two years after the lease contract's expiration, with Wanji Holdings providing counter-guarantees based on its shareholding in Luoyang Yian Mining [3][4]. Group 4: Necessity and Feasibility of the Guarantee - The guarantee is deemed necessary to support the operational and developmental needs of Luoyang Yian Mining, aligning with the company's overall interests and strategic goals [4]. - The company maintains effective control over Luoyang Yian Mining's operations, finances, and investments, ensuring manageable risk associated with the guarantee [4]. - The decision-making process for the guarantee complies with relevant laws and regulations, ensuring no harm to the interests of the company or its shareholders [4]. Group 5: Current Guarantee Status - As of now, the company has a total external guarantee balance of 420 million yuan, which accounts for 7.42% of the latest audited net assets, all of which are guarantees for subsidiaries without any overdue guarantees [4].

股票代码：600403 股票简称：大有能源 河南大有能源股份有限公司 2025 年第一次临时股东大会 会议材料 二〇二五年七月 1 / 6 河南大有能源股份有限公司 2025 年第一次临时股东大会有关事宜 会议时间：2025 年 7 月 18 日(星期五)15:30 会议地点：河南省义马市千秋路 6 号，公司机关 2 号楼 2 楼东会 议室 会议召集人：公司董事会 表决方式：现场投票和网络投票相结合的方式 网络投票时间：采用上海证券交易所网络投票系统，通过交易系 统投票平台的投票时间为股东大会召开当日的交易时间段，即7月18 日9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票平台的投 票时间为股东大会召开当日的9:15-15:00。 | 会议议程： | | --- | | 序号 | 议 程 | 备注 | | --- | --- | --- | | 1 | （1）主持人宣布会议开始； （2）主持人宣读到会股东及股东授权代表人数，所代表的股份数 | | | | 及占总股本的比例。 | | | 2 | （1）工作人员宣读本次股东大会审议的1项议案； （2）到会股东或股东授权代表提问或 ...

Market Overview - A-shares experienced a slight increase with the Shanghai Composite Index rising 0.20% to 3499.96 points, while the Shenzhen Component Index and the ChiNext Index rose 0.14% and 0.15% respectively [1][2] - The Hong Kong market also saw a rebound, with the Hang Seng Index increasing by 0.19% to 23936.76 points, while the Hang Seng Tech Index slightly decreased by 0.03% [2][3] Sector Performance - The coal industry showed strong performance, with major stocks like Meijin Energy and Dayou Energy hitting the daily limit, and Shaanxi Black Cat rising over 6% [6][7] - The financial sector saw a resurgence, with stocks such as Nanhua Futures and Yuexiu Capital experiencing consecutive gains [12] - The photovoltaic sector remained active, with stocks like Tuori New Energy and Jingyun Tong hitting the daily limit, and several others showing significant increases [13][14] - The Apple concept stocks in Hong Kong rebounded, with Sunny Optical Technology and Q Technology rising over 5% [4][5] Commodity Market - Domestic commodity futures experienced a general increase, with notable gains in various sectors including caustic soda and aluminum oxide [22][23] - Silicon wafer prices were reported to have increased by 8% to 11.7%, with the average transaction price of silicon materials rising over 6% week-on-week [15] Notable Company Movements - CATL's stock price rose by 2.60%, reaching a new historical high of 395 HKD [16] - The company was also noted for receiving an increase in holdings from JPMorgan Chase, which acquired 851,600 shares at an average price of 340.638 HKD per share [18]

A股煤炭行业早盘持续走高，大有能源、美锦能源双双涨停，陕西黑猫涨超6%，安泰集团、辽宁能 源、云维股份等个股跟涨。 ...

Group 1 - The A-share coal industry is experiencing a significant rise, with companies such as Dayou Energy and Meijin Energy hitting the daily limit, while Shanxi Black Cat increased by over 6% [1] - Other stocks like Antai Group, Liaoning Energy, and Yunwei Co. are also seeing gains, indicating a positive trend in the sector [1] - Guosheng Securities suggests that the expansion of high-temperature areas and the increase in electricity load indicate that the daily consumption of power plants may further rise next week, which is expected to boost the performance of the coal industry [1]