Group 1 - The coke sector experienced a 0.73% increase on December 19, with Yunmei Energy leading the gains [1] - The Shanghai Composite Index closed at 3890.45, up 0.36%, while the Shenzhen Component Index closed at 13140.22, up 0.66% [1] - The trading volume and turnover for key coke stocks were reported, with Yunmei Energy closing at 4.05, up 2.02%, and a turnover of 99.79 million yuan [1] Group 2 - The net capital flow in the coke sector showed a net outflow of 83.39 million yuan from main funds, while retail investors had a net inflow of 91.59 million yuan [1] - Detailed capital flow data indicated that Baotailong had a minor net inflow from retail investors of 564.97 thousand yuan, despite a net outflow from main and speculative funds [2] - An Tai Group experienced the largest net outflow from main funds at 34.83 million yuan, while retail investors contributed a net inflow of 28.52 million yuan [2]

证券代码：600740 证券简称：山西焦化 山西焦化股份有限公司 2025 年第三次临时股东会会议资料 二〇二五年十二月三十一日 目 录 | 2025 | 年第三次临时股东会会议议程 | | 1 | | --- | --- | --- | --- | | 2025 | 年第三次临时股东会表决办法 | | 2 | | 议案 | 1：关于 2026 年度日常关联交易预计的议案 | | 4 | 2025 年第三次临时股东会会议议程 七、 出席会议董事在股东会决议和会议记录上签字。 会议结束。 1 一、 主持人通报股东到会情况，并宣布会议开始。 二、 会议审议议案： 1、 关于 2026 年度日常关联交易预计的议案 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）律师事务所律师发表法律意见。 2025 年第三次临时股东会表决办法 根据《公司章程》规定，公司 2025 年第三次临时股东会审议议案 共 1 项，为普通决议议案，由出席股东会的股东（包括股东代理人） 所持表决权的二分之一以上通过；上述议案为关联交易议案，关联股 东回避表决。 ...

Core Viewpoint - Shanxi Coking's stock price has shown fluctuations, with a recent increase of 2.13% on December 18, 2023, while the year-to-date performance reflects a decline of 4.49% [1][2]. Group 1: Stock Performance - As of December 18, 2023, Shanxi Coking's stock price is reported at 3.83 CNY per share, with a trading volume of 52.99 million CNY and a turnover rate of 0.55%, resulting in a total market capitalization of 9.813 billion CNY [1]. - Year-to-date, Shanxi Coking's stock has decreased by 4.49%, with a recent 5-day increase of 1.32%, a 20-day decline of 8.15%, and a 60-day decline of 6.36% [2]. Group 2: Financial Performance - For the period from January to September 2025, Shanxi Coking reported an operating revenue of 4.589 billion CNY, representing a year-on-year decrease of 15.84%, and a net profit attributable to shareholders of -50.052 million CNY, a decline of 119.81% year-on-year [2]. - The company has cumulatively distributed dividends of 2.167 billion CNY since its A-share listing, with 692 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Shanxi Coking is reported at 76,900, a decrease of 1.91% from the previous period, with an average of 33,327 circulating shares per shareholder, an increase of 1.94% [2]. - Among the top ten circulating shareholders, Guotai Zhenzheng Coal ETF holds 50.9995 million shares, an increase of 31.1209 million shares compared to the previous period, while Hong Kong Central Clearing Limited holds 12.2075 million shares, a decrease of 262,800 shares [3].

Core Viewpoint - The company plans to continue its daily related transactions with Shanxi Coking Coal Group and its affiliates in 2026 to stabilize raw material supply and product sales, which will enhance financial management and capital operation capabilities [1][19]. Group 1: Daily Related Transactions Overview - The company intends to engage in procurement of raw materials (coal, coal tar, crude benzene, etc.), product sales, and labor services with Shanxi Coking Coal Group and its affiliates in 2026 [2][3]. - Shanxi Coking Coal Group is a leading global producer and supplier of coking coal, established in October 2001, with a focus on coal production, processing, and sales [2][3]. - Shanxi Coking Coal Group is the controlling shareholder of Shanxi Coking Group Co., Ltd., which is a comprehensive coal utilization enterprise and a pilot for circular economy [2][3]. Group 2: Transaction Approval Process - The proposal for the expected daily related transactions for 2026 was approved by the independent directors at the fourth meeting of the ninth board in December 2025, confirming its alignment with the company's operational environment [4][37]. - The board meeting on December 15, 2025, approved the proposal with a vote of 3 in favor and no opposition, with related directors abstaining from the vote [4][37]. - The proposal will be submitted to the shareholders' meeting for further approval, where related shareholders will abstain from voting [4][5]. Group 3: Previous Transaction Performance - From January to November 2025, the actual related transaction amount with affiliates was 3.791 billion yuan, with no financial transactions beyond deposits and loans [6]. Group 4: Expected Transaction Amount and Categories - The expected amount for daily related transactions in 2026 is projected to be between 3.446 billion and 7.29 billion yuan, with raw coal prices estimated at 900 to 1600 yuan per ton [7][19]. Group 5: Purpose and Impact of Related Transactions - The related transactions are essential for the company's normal production and operations, optimizing raw material sources and stabilizing supply channels, which will enhance sales channels and improve cash flow [19].

（编辑 楚丽君） 证券日报网讯 12月15日晚间，山西焦化发布公告称，公司第九届董事会第二十七次会议审议通过《关 于2026年度日常关联交易预计的议案》《关于召开2025年第三次临时股东会的通知》等多项议案。 ...

Group 1 - The company, Shanxi Coking Coal (600740), announced that it will hold the third extraordinary general meeting of shareholders on December 31, 2025 [1]

证券代码：600740 证券简称：山西焦化 编号：临 2025-035 号 山西焦化股份有限公司 关于2026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。与关联人发生的金融业务，有利于公司拓展筹资渠道，提升财 务管理水平和资本运营能力。各项日常关联交易符合公司目前的生产经 营环境，不存在损害公司及全体股东权益的情形，不会对公司独立性产 生影响。 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 2026 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。 山西焦煤集团是具有国际影响力的炼焦煤生产加工企业和市场供应 商 ...

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： 证券代码：600740 证券简称：山西焦化 公告编号：2025-036 山西焦化股份有限公司 关于召开2025年第三次临时股东会的通知 股东会召开日期：2025年12月31日 本次股东会采用的网络投票系统：上海证券交易所股东会网络 投票系统 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第三次临时股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次股东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 12 月 31 日 10 点 00 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会网络投票系统 网络投票起止时间：自2025 年 12 月 31 日 至2025 年 12 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 票时间为股东会召开当日的交易时间段，即 9:15-9:25， ...

证券代码：600740 证券简称：山西焦化 编号：临2025-034号 山西焦化股份有限公司 董事会决议公告 本议案为关联交易议案，公司 9 名董事会成员中，6 名关联董事李 峰、杜建宏、孙春生、王新照、王晓军、柴高贵已回避表决，由 3 名非 关联董事予以表决。 本议案需提交股东会审议。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 详见公司临 2025-035 号《山西焦化股份有限公司关于 2026 年度日 常关联交易预计的公告》。 （二）关于召开 2025 年第三次临时股东会的通知 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二十七次会议通知于 2025 年 12 月 12 日以送达、邮件和电话方式发出，会议于 2025 年 12 月 15 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。 ...

Group 1 - The core viewpoint of the article highlights Shanxi Coking's announcement regarding its board meeting and the expected daily related transactions for 2026 [1] - For the year 2024, Shanxi Coking's revenue composition is reported to be 99.45% from coking and 0.55% from other businesses [1] - As of the report, Shanxi Coking has a market capitalization of 9.8 billion yuan [1] Group 2 - The article also mentions a significant issue involving Jiangsu Wuzhong, where multiple related parties have questionable registrations, leading to shareholder concerns about financial transparency [1] - The annual sales of a product referred to as "Tongyan Needle" are reported to be 300 million yuan, raising questions about the financial practices of the involved parties [1]