北京德恒（太原）律师事务所 关于山西焦化股份有限公司 2025 年第一次临时股东大会的法律意见 地址 Add: 山西省太原市长风商务区长兴路 1 号华润大厦 T6 座 30、31 层 电话 Tel: 0351-8395811 传真 Fax: 0351-8395822 邮编：030006 北京德恒（太原）律师事务所（以下简称"本所"）受山西焦化股份有限公司 （以下简称"公司"）委托，指派潘磊律师、梁慧茹律师参加公司 2025 年第一次临 时股东大会（以下简称"本次股东大会"），对本次股东大会的合法性进行见证并 出具法律意见。 本法律意见根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）等有关法律、法规、规范性文 件，以及《山西焦化股份有限公司章程》（以下简称"《公司章程》"）、《山西 焦化股份有限公司股东大会议事规则》（以下简称"《股东大会规则》"）而出具。 为出具本法律意见，本所律师审查了公司本次股东大会的有关文件和材料。本 所律师得到公司如下保证，即其已提供了本所律师认为作为出具本法律意见所必需 的材料，所提供的原始材料、副本、复印件等材料、口头证言 ...

证券代码：600740 证券简称：山西焦化 山西焦化股份有限公司 2025 年第一次临时股东大会会议资料 $$\Xi{\cal O}\,{\underline{{{-\,}}}}\,{\underline{{{\mathsf{H}}}}}\,{\underline{{{\mathsf{H}}}}}\,{\underline{{{=\,}}}}\,{\mathsf{H}}\,{\underline{{{=\,}}}}\,{\mathsf{H}}\,{\underline{{{-\,}}}}\,{\mathsf{H}}$$ 目 录 | 2025 | 年第一次临时股东大会会议议程 1 | | --- | --- | | 2025 | 年第一次临时股东大会表决办法 2 | | 2025 | 年第一次临时股东大会监票人、计票人建议名单 4 | | 议案 | 1：关于 2025 年度日常关联交易预计的议案 5 | 2025 年第一次临时股东大会会议议程 一、主持人通报股东到会情况，并宣布会议开始。 三、主持人宣读大会表决办法，对上述议案进行表决。 四、主持人宣读会议表决结果。 五、主持人宣读会议决议。 六、北京德恒（太原 ...

证券代码：600740 证券简称：山西焦化 编号：临 2025-004 号 山西焦化股份有限公司 关于2025年度日常关联交易预计的公告 重要提示：本公司及董事会全体成员保证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： 尚需提交股东大会审议 日常关联交易对上市公司的影响 向关联方购销部分原料和产品，能够稳定、优化公司原料来源和供 应渠道，有利于拓展公司产品的销售渠道，提高货款回收率，加快资金 周转率。 一、日常关联交易基本情况 （一）日常关联交易概述 为稳定公司生产原料的供应和产品销售，保障日常生产经营的 顺利开展，公司计划 2025 年度继续与山西焦煤集团有限责任公司（以 下简称"山西焦煤集团"）所属的关联企业发生采购原料（煤、煤焦油、 粗苯等）、销售产品、接受劳务等关联交易。 3、《关于2025年度日常关联交易预计的议案》尚需提交股东大 会予以审议，股东大会表决时，关联股东回避表决，由非关联股东 进行表决。 关联交 易类别 关联人 交易内容 2024年度 预计金额 （亿元） 2024年度 实际发生金额 （万元） 预计金额与实 ...

证券代码：600740 证券简称：山西焦化 公告编号：2025-005 重要内容提示： 股东大会召开日期：2025年3月31日 本次股东大会采用的网络投票系统：上海证券交易所股东大会 网络投票系统 一、 召开会议的基本情况 (一) 股东大会类型和届次 2025 年第一次临时股东大会 (二) 股东大会召集人：董事会 山西焦化股份有限公司 关于召开 2025 年第一次临时股东大会的通知 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。 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和 网络投票相结合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 3 月 31 日 14 点 30 分 召开地点：公司办公楼四楼会议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 3 月 31 日 至 2025 年 3 月 31 日 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， ...

（一）关于 2025 年度日常关联交易预计的议案 特别提示：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。 一、董事会会议召开情况 山西焦化股份有限公司第九届董事会第二十二次会议通知于 2025 年 3 月 11 日以送达、邮件和电话方式发出，会议于 2025 年 3 月 14 日在 本公司以现场和通讯方式召开。本次会议应出席董事 9 人，实际出席 9 人，会议由李峰董事长主持，公司监事和高级管理人员列席了会议，本 次会议的召开符合《公司法》等有关法律、法规和《公司章程》的规定。 二、董事会会议审议情况 证券代码：600740 证券简称：山西焦化 编号：临2025-003号 山西焦化股份有限公司 董事会决议公告 根据《公司法》和《公司章程》的有关规定，公司拟定于 2025 年 3 月 31 日（星期一）下午 14:30 时在公司办公楼四楼会议室召开 2025 年 第一次临时股东大会，股权登记日为 2025 年 3 月 25 日（星期二）。 本议案已经公司第九届董事会独立董事专门会议 2025 年第一次会 议审议通过，会 ...

Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 238.71 million and 285.71 million CNY, a decrease of 989.56 million to 1,036.56 million CNY compared to the previous year's profit of 1,275.27 million CNY, representing a year-on-year decline of 77.60% to 81.28%[3] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is projected to be between 214.33 million and 261.33 million CNY, down 1,011.44 million to 1,058.44 million CNY from the previous year's figure of 1,272.77 million CNY, indicating a year-on-year decrease of 79.47% to 83.16%[4] - The company reported a net profit of 1,275.27 million CNY for the previous year, with a net profit of 1,272.77 million CNY after deducting non-recurring gains and losses, and earnings per share of 0.4977 CNY[6] Reasons for Profit Decline - The primary reason for the profit decline is attributed to the weak performance in the coal, coke, and steel markets, with overall profit levels for coking enterprises significantly dropping due to weak supply and demand dynamics in the coke market[7] - The investment income from the joint venture, China Coal Huajin Group Co., Ltd. (49% stake), is expected to decrease due to a decline in profits for the year, impacting the company's performance forecast[7] Management and Operational Strategies - The company is implementing lean management and deepening reforms in equipment maintenance, operations, and engineering construction to ensure stable production and operations amid challenging market conditions[7] Forecast Accuracy and Disclosure - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants, with no significant uncertainties affecting the accuracy of the forecast[8] - The company emphasizes that the forecast data is preliminary and the accurate financial data will be disclosed in the audited annual report for 2024[9] - The designated information disclosure newspapers are "China Securities Journal" and "Shanghai Securities Journal," with the Shanghai Stock Exchange website as the official disclosure platform[10] - The board of directors announced the performance forecast on January 15, 2025[11]

重要内容提示： ●会议召开时间：2024 年 11 月 25 日(星期一)下午 15:00-16:00 ●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 证券代码：600740 证券简称：山西焦化 公告编号：2024-030 号 山西焦化股份有限公司 关于召开 2024 年第三季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。 ●投资者可于 2024 年 11 月 18 日(星期一)至 11 月 22 日(星期五 )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 过本公告后附的电话、电子邮件方式联系公司，提出所关注的问题， 公司将在说明会上对投资者普遍关注的问题进行回答。 山西焦化股份有限公司（以下简称"公司"）已于 2024 年 10 月 26 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2024 年第三季度经营成果、财务状况，公司计划于 2024 年 1 ...

Investment Rating - The investment rating for Shanxi Coking Coal (600740.SH) is "Cautious Recommendation" [2][4]. Core Views - The company's net profit attributable to shareholders for the first three quarters of 2024 is 253 million yuan, a year-on-year decrease of 80.27%, with operating revenue of 5.452 billion yuan, down 16.34% year-on-year [2]. - The decline in net profit is primarily due to a decrease in revenue from the coking business and reduced investment income from its associate company, China Coal Huajin [2]. - The third quarter of 2024 saw a significant decline in performance, with operating revenue of 1.508 billion yuan, down 26.84% year-on-year, and net profit attributable to shareholders of 68.71 million yuan, down 81.15% year-on-year and 41.84% quarter-on-quarter [2]. - The average selling price of coke in Q3 2024 was 1,731.51 yuan/ton, a decrease of 10.39% year-on-year and 5.56% quarter-on-quarter, while the unit procurement cost of coking coal was 1,424.91 yuan/ton, down 8.9% quarter-on-quarter and 3.24% year-on-year [2]. - The company is expected to have net profits of 328 million yuan, 417 million yuan, and 659 million yuan for 2024, 2025, and 2026 respectively, with corresponding EPS of 0.13, 0.16, and 0.26 yuan [2][5]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company reported a net profit of 253 million yuan, a decrease of 80.27% year-on-year, and operating revenue of 5.452 billion yuan, down 16.34% year-on-year [2]. - The investment income for the first three quarters of 2024 was 1.877 billion yuan, a decrease of 22.63% year-on-year [2]. - In Q3 2024, the company achieved a coke production of 595,100 tons, down 18.05% year-on-year, and a sales volume of 588,800 tons, down 18.66% year-on-year [2]. Price Trends - The prices of major chemical products showed mixed trends in Q3 2024, with asphalt at 3,641.8 yuan/ton (down 15.91% year-on-year), industrial naphthalene at 5,076.39 yuan/ton (down 5.21% year-on-year), and pure benzene at 7,613.31 yuan/ton (up 14.81% year-on-year) [2]. Future Projections - The company forecasts net profits of 328 million yuan, 417 million yuan, and 659 million yuan for 2024, 2025, and 2026 respectively, with corresponding PE ratios of 33, 26, and 16 times [2][5].

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,507,537,118.94, a decrease of 26.84% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥68,715,355.62, down 81.15% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥55,772,946.20, a decline of 84.58% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.0268, down 81.15% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 5,452,120,243.13, a decrease of 16.3% compared to CNY 6,516,950,071.84 in the same period of 2023[14] - Operating profit for the first three quarters of 2024 was CNY 228,432,461.40, significantly lower than CNY 1,283,036,159.90 in the same period of 2023[14] - The net profit for Q3 2024 was CNY 248,751,738.66, compared to CNY 1,276,224,060.84 for the same period in 2023, indicating a significant decrease[15] - The total comprehensive income for Q3 2024 was CNY 248,660,620.05, down from CNY 1,275,895,578.48 in Q3 2023[15] - Basic earnings per share for Q3 2024 were CNY 0.0986, compared to CNY 0.4998 in Q3 2023[16] - The company reported a decrease in sales revenue from CNY 6,963,081,776.30 in the first nine months of 2023 to CNY 5,920,035,291.97 in the same period of 2024[16] - The company incurred operating expenses of CNY 6,915,673,134.94 in the first nine months of 2024, compared to CNY 7,690,307,372.03 in the same period of 2023[16] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥26,271,872,289.42, representing a 5.15% increase from the end of the previous year[3] - The equity attributable to shareholders at the end of Q3 2024 was ¥15,351,891,236.77, an increase of 1.29% from the previous year[3] - Total assets increased to CNY 26,271,872,289.42 in Q3 2024, compared to CNY 24,985,814,668.91 in Q3 2023, representing a growth of 5.2%[13] - Total liabilities rose to CNY 10,712,135,622.28 in Q3 2024, up from CNY 9,617,966,881.49 in Q3 2023, an increase of 11.4%[13] - Long-term borrowings increased to CNY 4,070,290,000.00 in Q3 2024, compared to CNY 2,734,900,000.00 in Q3 2023, reflecting a growth of 48.9%[13] Cash Flow - The company reported a net cash flow from operating activities of -¥1,708,346,371.81 for the year-to-date period, indicating a significant cash outflow[2] - Cash flow from operating activities for the first nine months of 2024 was CNY -1,708,346,371.81, compared to CNY -1,241,050,127.64 in the same period of 2023[16] - Cash inflow from investment activities was CNY 500,000,000.00 in Q3 2024, slightly down from CNY 500,652,248.38 in Q3 2023[17] - Cash flow from financing activities generated a net inflow of CNY 1,177,407,521.71 in Q3 2024, compared to CNY 649,166,224.58 in Q3 2023[17] - The total cash and cash equivalents at the end of Q3 2024 were CNY 471,235,546.16, down from CNY 1,036,021,488.07 at the end of Q3 2023[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 85,016, with the largest shareholder, Shanxi Coking Coal Group Co., Ltd., holding 51.14% of shares[9] - Shanxi Coking Coal Energy Group Co., Ltd. held 5.81% of shares, while other significant shareholders included various private equity funds[9] - The company did not report any changes in the participation of major shareholders in margin trading or securities lending activities during the reporting period[10] Operational Strategies - The company plans to enhance operational efficiency and product quality through restructuring coal procurement and implementing cost-effective measures[6] - The company aims to deepen its customized coke business cooperation and explore marketing potential to mitigate the adverse effects of market downturns[6] - The company has identified a significant decline in investment income from its associate, China Coal Huajin, contributing to the overall profit decrease[5] Current Assets - As of September 30, 2024, the total current assets amounted to approximately CNY 1.45 billion, a decrease from CNY 1.50 billion at the end of 2023, reflecting a decline of about 2.5%[11] - Cash and cash equivalents were reported at CNY 775.33 million, down from CNY 799.81 million, indicating a decrease of approximately 3.2%[11] - Accounts receivable decreased significantly to CNY 10.67 million from CNY 58.33 million, representing a decline of about 81.7%[11] - Inventory levels were reported at CNY 357.74 million, down from CNY 465.09 million, which is a decrease of approximately 23.1%[11] - Other current assets increased to CNY 159.01 million from CNY 88.74 million, showing an increase of about 79.5%[11] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 67,826,252.95, slightly down from CNY 67,860,513.92 in 2023[14] - The company has not disclosed any new strategies or significant developments in product or technology research during this quarter[11] Mergers and Acquisitions - There were no significant mergers or acquisitions reported in the current quarter[11]