| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601015 陕西黑猫 | | > 441.17万 | 4.83% | -734.12万 | -8.03% | 292.95万 | 3.20% | | 600792 云煤能源 | | 16.02万 | 0.27% | -211.97万 | -3.56% | 195.95万 | 3.29% | | 600725 云维股份 | | -288.81万 | -6.50% | -94.37万 | -2.12% | - 383.18万 | 8.63% | | 601011 | 宝泰隆 | -289.20万 | -4.92% | 125.72万 | 2.14% | 163.48万 | 2.78% | | 000723 美锦能源 | | -474.54万 | -3.22% | 7.13万 | 0.05% | 467.40万 | 3.17% | | 600408 安泰集团 | | -5 ...

Core Viewpoint - Shanxi Coking's stock price closed at 3.93 yuan on August 1, 2025, with a 0.77% increase, indicating a modest positive market response [1] Financial Performance - For Q1 2025, Shanxi Coking reported total revenue of 1.682 billion yuan, a year-on-year decrease of 7.66% [1] - The net profit attributable to shareholders was 70.259 million yuan, down 206.74% year-on-year [1] - The non-recurring net profit was 77.931 million yuan, reflecting a decrease of 227.10% year-on-year [1] - The company's liquidity ratios were low, with a current ratio of 0.264 and a quick ratio of 0.226 [1] - The asset-liability ratio stood at 40.46%, indicating a moderate level of financial leverage [1] Market Activity - The stock experienced a trading volume of 167,300 hands and a transaction amount of 65.7145 million yuan [1] - There was a net inflow of main funds amounting to 14.2615 million yuan, accounting for 21.7% of the transaction amount [1] - Large orders saw a net inflow of 14.1341 million yuan, representing 21.51% of the transaction amount [1] Company Overview - Shanxi Coking Co., Ltd. was established in 1996 and is located in Linfen City, primarily engaged in the petroleum, coal, and other fuel processing industries [2] - The company has a registered capital of 25.6212 billion yuan and a paid-in capital of 25.6212 billion yuan [1] - The legal representative of the company is Li Feng [1] Investment and Innovation - Shanxi Coking has made investments in 14 external enterprises and participated in 5,000 bidding projects [2] - The company holds 91 patents and has obtained 285 administrative licenses [2]

从资金流向上来看，当日焦炭板块主力资金净流入583.65万元，游资资金净流出1350.26万元，散户资金 净流入766.62万元。焦炭板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，8月1日焦炭板块较上一交易日上涨0.28%，云维股份领涨。当日上证指数报收于 3559.95，下跌0.37%。深证成指报收于10991.32，下跌0.17%。焦炭板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600725 | 云维股份 | 3.22 | 0.94% | 14.10万 | - 4546.20万 | | 600792 | 云煤能源 | 3.81 | 0.79% | 16.42万 | 6267.47万 | | 600740 | 山西焦化 | 3.93 | 0.77% | 16.72万 | 6571.45万 | | 601015 | 陕西黑猫 | 3.63 | 0.55% ...

Group 1 - The recent surge in coke prices is attributed to cost support and improved demand, with major steel mills in Tangshan raising wet coke prices by 50 CNY/ton and dry coke by 55 CNY/ton effective from July 29, 2025 [1][2] - The coke market has experienced a total increase of 200 CNY/ton since July 15, with expectations of further increases totaling around 300 CNY/ton [1][2] - The first half of 2025 saw a decline in coke prices, with an average drop of 33.12% year-on-year due to weak domestic demand in the steel industry [1][2] Group 2 - The rebound in coke prices is driven by a decrease in domestic supply of coking coal since mid-June due to environmental and safety regulations, leading to a better supply-demand balance [2] - The price of coking coal has increased significantly, with a maximum rise of 350-400 CNY/ton, which has substantially raised the production costs for coke [2][6] - Despite the price increases, many coke enterprises are still facing losses, with only two out of seven forecasted companies expected to avoid losses in the first half of 2025 [4][5] Group 3 - The demand for coke remains stable, with steel mills actively replenishing their inventories, as indicated by an average daily supply of 2.413 million tons of molten iron in July, which is 20,000 tons higher than the same period last year [3] - The profitability of the steel industry has improved, with several companies forecasting significant profit increases, contrasting with the ongoing losses faced by coke producers [4][5] Group 4 - Short-term forecasts suggest that coke prices may continue to rise due to high coking coal prices and strong demand from steel mills, with a potential fifth price increase of 50 CNY/ton expected [7][8] - Long-term expectations indicate that the traditional peak consumption season in September and October may lead to increased demand for coke, although there are concerns about potential production cuts in the steel sector [8]

Core Viewpoint - The coal sector is expected to benefit from a new round of anti-involution and capacity reduction measures initiated by the National Energy Administration, aimed at stabilizing coal supply and optimizing industry order [2][3][9]. Group 1: Policy Announcement - The National Energy Administration issued a notification on July 10, 2025, regarding the organization of coal mine production situation checks to promote stable and orderly coal supply [2][5]. - The notification indicates that the coal supply-demand situation has been generally loose this year, with prices continuously declining, leading some coal enterprises to produce beyond their announced capacity, disrupting market order [3][4]. Group 2: Inspection Scope and Requirements - The inspection will cover coal mines in eight provinces, including Shanxi, Inner Mongolia, and Anhui, focusing on whether the annual coal output exceeds announced capacity and if production plans are reasonable [5][6]. - Violations will be categorized and dealt with according to the nature and severity, with corrective actions mandated for companies exceeding production limits [6][7]. Group 3: Market Reaction and Investment Outlook - Following the announcement, the coal sector saw a significant increase, with a rise of over 6% on July 22, 2025, although it experienced a slight decline the following day [9][10]. - Analysts suggest that the anti-involution measures will help stabilize supply-demand relationships and optimize industry order, with high-quality coal companies still showing strong attributes such as high barriers to entry and cash flow [2][9]. - The current proportion of loss-making companies in the coal industry stands at 53.6%, significantly higher than 35% in 2016, indicating a pressing need for the anti-involution actions to restore profitability [9][11]. Group 4: Price Trends and Future Expectations - As of July 21, 2025, the price of Qinhuangdao 5500 kcal thermal coal was 642 RMB/ton, reflecting a week-on-week increase of 12 RMB/ton, and a rebound of 27 RMB/ton from the yearly low [10]. - Analysts predict that with improved demand and more rational supply releases, coal prices are expected to rise further, creating a safer and more sustainable development environment for the industry [10][11].

二、主要原材料的采购量、消耗量及价格变动情况 山西焦化股份有限公司 2025年第二季度主要经营数据公告 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。 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 十三号—化工》有关规定和披露要求，公司2025年第二季度主要经营数据如 下： | 主要产品 | 经营指标 | 单位 | 2025 年第二季度 | 2025年第一季度 | 变动比率（%） | | --- | --- | --- | --- | --- | --- | | 焦炭 | 产量 | 吨 | 735,647.30 | 731,962.69 | 0.50 | | | 销量 | 吨 | 761,790.27 | 727,501.76 | 4.71 | | | 销售收入 （不含税） | 元 | 981,617,628.62 | 1,055,586,825.97 | -7.01 | | | 平均售价 （不含税） | 元/吨 | 1,288.57 | 1,450.97 | -11.19 | | 沥青 | ...

Core Viewpoint - Shanxi Coking Co., Ltd. reported its operational data for Q2 2025, showing mixed results in production, sales, and revenue across its main products, indicating potential challenges in pricing and market demand [1][2]. Group 1: Main Products Performance - Coking production reached 735,647.30 tons in Q2 2025, a slight increase of 0.50% from Q1 2025 [1]. - Coking sales volume increased by 4.71% to 761,790.27 tons, while sales revenue decreased by 7.01% to ¥981,617,628.62 [1]. - The average selling price of coking dropped by 11.19% to ¥1,288.57 per ton [1]. - Asphalt production decreased by 6.51% to 29,221.94 tons, with sales revenue down by 9.45% to ¥98,788,742.08 [1]. - Industrial naphthalene production increased by 2.17% to 9,111.67 tons, with sales revenue slightly up by 0.77% to ¥39,532,666.68 [1]. - Methanol production rose significantly by 26.07% to 19,495.50 tons, while sales revenue decreased by 2.77% to ¥130,614,383.57 [1]. Group 2: Raw Materials Procurement and Consumption - The procurement volume of raw materials was 989,588.60 tons in Q2 2025, a 0.91% increase from Q1 2025 [2]. - The consumption of raw materials was 1,028,813.74 tons, reflecting a 0.58% increase [2]. - The procurement amount for washed coal was ¥1,000,020,435.97, down by 12.18% compared to Q1 2025 [2]. - The average price of washed coal decreased by 12.97% to ¥1,010.54 per ton [2]. Group 3: Other Significant Matters - No other significant matters affecting the company's production and operations were reported for the quarter [2].

[Current Period Performance Forecast](index=1&type=section&id=One.%20Current%20Period%20Performance%20Forecast) The company expects a net loss attributable to shareholders in H1 2025, ranging from **-87.27 million RMB** to **-72.77 million RMB**, a significant reversal from the prior year's profit H1 Performance Forecast Comparison | Metric | H1 2025 Forecast | H1 2024 Actual | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -87.27 million RMB to -72.77 million RMB | 183.98 million RMB | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | -97.82 million RMB to -83.32 million RMB | 172.75 million RMB | - The performance forecast data represents preliminary calculations by the company's finance department and has not been audited by a certified public accountant[4](index=4&type=chunk) [Prior Year Period Performance Review](index=1&type=section&id=Two.%20Prior%20Year%20Period%20Performance) In H1 2024, the company achieved robust profitability with net profit attributable to shareholders of **183.98 million RMB** and diluted EPS of **0.0718 RMB** H1 2024 Performance Summary | Metric | H1 2024 Performance | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 183.98 million RMB | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | 172.75 million RMB | | Earnings Per Share | 0.0718 RMB | [Analysis of Main Reasons for Forecasted Loss](index=2&type=section&id=Three.%20Main%20Reasons%20for%20Current%20Period%20Forecasted%20Loss) The forecasted loss primarily stems from the main business remaining unprofitable due to sustained low market prices and a significant year-over-year decrease in investment income from an associate [Impact of Main Business](index=2&type=section&id=Main%20Business%20Impact) Despite improvements from cost control and marketing, the main business remains unprofitable due to persistently low upstream and downstream market prices - In H1 2025, the main business, despite improvements, has not yet escaped losses due to persistently low upstream and downstream market prices[7](index=7&type=chunk) - The company is implementing lean cost control, scientific marketing management, and optimized processes to enhance operational resilience[7](index=7&type=chunk) [Impact of Non-Operating Gains and Losses](index=2&type=section&id=Impact%20of%20Non-Operating%20Gains%20and%20Losses) Investment income from associate China Coal Huajin Group Co., Ltd., in which the company holds a 49% stake, significantly decreased due to a year-over-year profit reduction, negatively impacting overall company profit - Associate China Coal Huajin Group Co., Ltd. (**49% owned by the company**) experienced a year-over-year profit decrease in H1 2025, leading to a corresponding reduction in the company's recognized investment income[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=Four.%20Risk%20Warning) The company emphasizes that this performance forecast is a preliminary, unaudited calculation by the finance department, with no material uncertainties affecting its accuracy - This performance forecast represents preliminary calculations by the company's finance department and has not been audited by a certified public accountant[8](index=8&type=chunk) - The company confirms there are no material uncertainties affecting the accuracy of this performance forecast[8](index=8&type=chunk) [Other Explanations](index=2&type=section&id=Five.%20Other%20Explanations) The company advises investors that final financial data will be based on the officially disclosed 2025 semi-annual report, recommending rational investment and risk awareness - The final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[9](index=9&type=chunk) - The company's designated information disclosure media are China Securities Journal, Shanghai Securities News, and the Shanghai Stock Exchange website[9](index=9&type=chunk)

山西焦化（600740）公告，预计2025年半年度实现归属于母公司所有者的净利润为-8726.92万元 到-7276.92万元，与上年同期1.84亿元相比，将出现亏损。预计2025年半年度实现归属于母公司所有者 的扣除非经常性损益的净利润为-9782.24万元到-8332.24万元。 ...

Core Points - Shanxi Coking Co., Ltd. announced a cash dividend of RMB 0.02 per share for its A shares [1] - The total cash dividend distribution amounts to RMB 51,242,423.08 based on a total share capital of 2,562,121,154 shares [1] Distribution Dates - The record date for the dividend is June 18, 2025, with the last trading day and ex-dividend date both on June 19, 2025 [2] Distribution Implementation - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [2] - Individual shareholders holding shares for over one year will be exempt from individual income tax on dividends, while those holding for less than one month will incur a 20% tax [2][3] - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net dividend of RMB 0.018 per share [3][4] - Other institutional investors will not have tax withheld by the company, and the gross dividend of RMB 0.02 per share will be distributed [4] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Board Secretary Department of Shanxi Coking Co., Ltd. at the provided phone numbers [4]