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《上市公司行业信息披露指引第三号—煤炭》、《上市公司行 业信息披露指引第四号-电力》的相关规定和要求，为方便投资者了解公司生产经营情况， 现将公司2025年三季度主要经营数据公告如下： 一、煤炭产品主要经营数据 | 项目 | 2025年1-9月 | 2024年1-9月 | 同比增减（%） | | --- | --- | --- | --- | | 商品煤产量(吨) | 4,460,365.74 | 4,474,715.31 | -0.32 | | 商品煤销量(吨) | 4,431,430.12 | 4,317,256.58 | 2.64 | | 商品煤销售收入(元) | 2,303,052,222.80 | 2,779,409,344.08 | -17.14 | | 商品煤销售成本(元) | 1,814,674,900.10 | 1,856,463,342.92 | -2.25 | | 商品煤销售毛利率(%) | 21.21 | 33.21 | 下降12个 ...

重要内容提示：辽宁能源煤电产业股份有限公司（以下简称"公司"）董事会 于近日收到公司董事、总经理李秀峰先生提交的书面辞职报告。李秀峰先生由于 工作安排，申请辞去公司董事、总经理职务。辞职后，李秀峰先生不再担任公司 及其控股子公司任何职务。根据相关规定，其辞职申请自送达公司董事会之日起 生效。 一、董事、高级管理人员离任情况 证券代码：600758 证券简称：辽宁能源 公告编号：2025-030 辽宁能源煤电产业股份有限公司 关于董事、总经理离任暨增补董事候选人及聘任总经 理的公告 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。 二、非独立董事增补情况及聘任高级管理人员的情况 公司于 2025 年 10 月 30 日召开第十一届董事会第二十一次会议， 审议通过《关于增补董事的议案》及《关于聘任高级管理人员的议案》。 经公司董事会提名，董事会提名委员会审核，同意提名田双龙先生为 公司第十一届董事会董事候选人（简历详见附件），任期自股东大会 审议通过之日起至 2026 年 6 月 30 日,即本届董事会任期届满止，该 议案尚需提交公 ...

Core Viewpoint - Liaoning Energy's stock price has shown a year-to-date increase of 28.23%, despite a recent decline of 4.59% over the last five trading days, indicating volatility in its performance [2]. Financial Performance - As of June 30, 2025, Liaoning Energy reported a revenue of 2.41 billion yuan, a year-on-year decrease of 9.30%, while the net profit attributable to shareholders was 14.22 million yuan, reflecting a year-on-year growth of 23.53% [3]. - The company has distributed a total of 425 million yuan in dividends since its A-share listing, with 148 million yuan distributed over the last three years [4]. Stock Market Activity - On October 27, 2023, Liaoning Energy's stock price rose by 2.10% to 4.37 yuan per share, with a trading volume of 158 million yuan and a turnover rate of 2.81%, resulting in a total market capitalization of 5.78 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on March 20, 2023, where it recorded a net buy of -5.50 million yuan [2]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Liaoning Energy was 47,800, a decrease of 4.73% from the previous period, with an average of 27,647 circulating shares per shareholder, an increase of 4.97% [3]. - The top ten circulating shareholders include notable entities such as Guotai Junan CSI Coal ETF and Hong Kong Central Clearing Limited, with changes in their holdings compared to the previous period [4].

Core Insights - The coal mining sector experienced a decline of 0.48% on October 24, with Liaoning Energy leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Coal Mining Sector Performance - Notable gainers included: - Xindazhou A (000571) with a closing price of 5.89, up 1.90% on a trading volume of 283,300 shares and a transaction value of 166 million yuan [1] - Shanmei International (600546) closed at 11.06, up 1.28% with a trading volume of 618,800 shares and a transaction value of 671 million yuan [1] - China Shenhua (601088) closed at 42.50, up 0.66% with a trading volume of 274,300 shares and a transaction value of 1.163 billion yuan [1] - Major decliners included: - Liaoning Energy (600758) closed at 4.28, down 9.51% with a trading volume of 1,205,100 shares and a transaction value of 529 million yuan [2] - Zhengzhou Coal Electricity (600121) closed at 5.12, down 8.57% with a trading volume of 1,753,800 shares and a transaction value of 911 million yuan [2] - Dayou Energy (600403) closed at 9.06, down 6.31% with a trading volume of 2,138,200 shares and a transaction value of 1.951 billion yuan [2] Capital Flow Analysis - The coal mining sector saw a net outflow of 1.244 billion yuan from major funds, while retail investors contributed a net inflow of 855 million yuan [2] - Notable capital flows included: - JinKong Coal Industry (601001) with a net inflow of 26.2343 million yuan from major funds, but a net outflow of 35.886 million yuan from retail investors [3] - Shanghai Energy (600508) had a net inflow of 18.8938 million yuan from major funds, with a net outflow of 24.8892 million yuan from retail investors [3] - Liaoning Energy (600758) experienced a net inflow of 12.1569 million yuan from major funds, but a significant net outflow of 83.95 million yuan from retail investors [3]

Market Overview - The A-share market saw all three major indices rise, with the Shanghai Composite Index reaching a 10-year high, closing up 0.71% at 3950.31 points [1][2] - The total market turnover was 1.99 trillion yuan, an increase of 330.9 billion yuan from the previous trading day, with over 3000 stocks rising [1] Sector Performance - The storage chip and semiconductor sectors experienced significant gains, with stocks like Baiwei Storage and TuoJing Technology hitting the daily limit [4] - The commercial aerospace sector also saw strong performance, with companies like Aerospace Intelligence and China Satellite reaching their daily limits [6] - Conversely, the coal sector faced a pullback, with major companies like Antai Group and Yunmei Energy dropping over 9% [8] Notable Stocks - Baiwei Storage (688525) rose by 10.70% to 119.10 yuan, with a total market value of 55.585 billion yuan, up 92.19% year-to-date [5] - TuoJing Technology (688072) increased by 10.55% to 286.00 yuan, with a market value of 80.413 billion yuan, up 86.44% year-to-date [5] - Aerospace Universe (688523) surged by 11.88% to 24.95 yuan, with a market value of 10.152 billion yuan, up 24.75% year-to-date [7] Industry Trends - The semiconductor industry is expected to enter a "super cycle" driven by the AI boom, with Morgan Stanley predicting significant growth in the storage chip sector [4] - Apple's upcoming AI glasses and strong demand for the iPhone 17 are contributing to a bullish outlook for the consumer electronics sector [6] - The commercial aerospace industry is entering a rapid development phase, supported by recent policy announcements [6] Economic Outlook - Long-term trends suggest a potential stabilization of the A-share market, with improving profit expectations and supportive policies likely to enhance valuations [9] - Short-term perspectives indicate a continuation of a strong market trend, driven by economic growth targets and potential liquidity easing measures [10]

Core Viewpoint - The coal mining and processing sector is experiencing a significant downturn, with major companies facing substantial declines in stock prices [1] Company Summary - Antai Group has seen a drop of over 9% in its stock price [1] - Yunmei Energy and Liaoning Energy both reported declines exceeding 8% [1] - Baotailong also experienced a similar drop of over 8% [1] - Shaanxi Black Cat and Shanxi Coking Coal followed suit with declines in their stock prices [1]

Core Insights - The A-share and Hong Kong stock markets saw a positive turn towards the end of trading on October 23, with over half of the more than 1,300 ETFs in the market rising, particularly in sectors like coal, chemicals, and non-ferrous metals [1][2] - The coal sector led the market with a 1.75% increase, and the coal ETF (515220) rose by 2.46%, ranking second in overall ETF performance [1] - Despite a significant drop in gold ETFs, there was still a net inflow of approximately 45.5 billion yuan into gold-related ETFs, indicating a continued interest in safe-haven assets [2] ETF Market Performance - On October 22, the overall ETF market experienced a net inflow of about 2.5 billion yuan, with notable inflows into gold ETFs despite their decline [1][2] - The coal ETF's performance was particularly strong, with 29 out of 30 constituent stocks rising, including seven hitting the daily limit up [1] - Other sectors, such as chemicals and rare metals, also saw good performance attributed to global liquidity easing and expectations of resource price increases [2] Investment Sentiment - The market is currently exhibiting signs of risk aversion, with funds flowing into safer assets like gold ETFs and bond ETFs, while high-volatility ETFs faced net outflows [2] - Analysts suggest that the current market dynamics are influenced by factors such as liquidity conditions, event impacts, and changes in trading sentiment, which may provide good entry points for investors [2] - Long-term outlook remains positive for the stock market, supported by declining risk-free interest rates, ample liquidity, and favorable corporate earnings expectations [2]

Core Insights - The coal mining sector experienced a rise of 1.18% on October 23, with Shanghai Energy leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Coal Mining Sector Performance - Shanghai Energy (600508) closed at 14.03, with a significant increase of 10.04% and a trading volume of 304,500 shares, resulting in a transaction value of 421 million yuan [1] - Zhengzhou Coal Electricity (600121) and Dayou Energy (600403) also saw substantial gains of 10.02% and 10.01%, respectively [1] - Shanxi Coking Coal (000983) increased by 4.83%, with a transaction value of 1.657 billion yuan [1] Capital Flow Analysis - The coal mining sector saw a net inflow of 919 million yuan from main funds, while retail investors experienced a net outflow of 670 million yuan [2] - Major stocks like Zhengzhou Coal Electricity and Shanxi Coking Coal attracted significant main fund inflows of 249 million yuan and 155 million yuan, respectively [3] - Conversely, retail investors withdrew from several stocks, including Zhengzhou Coal Electricity and Shanxi Coking Coal, with outflows of 136 million yuan and 108 million yuan, respectively [3]

Market Overview - The A-share market opened lower and continued to decline, with the Shanghai Composite Index down 0.66%, Shenzhen Component Index down 0.87%, and ChiNext Index down 1.1% as of the midday close [1] Industry Performance - The coal sector continued its recent upward trend, with stocks like Shanxi Black Cat, Zhengzhou Coal Electricity, and Yunmei Energy hitting the daily limit [2] - The banking sector saw gains, with Agricultural Bank of China rising over 2% during trading, reaching a historical high [1][2] - Other sectors such as telecommunications, electronics, and real estate experienced pullbacks [1] Policy and Development - Shenzhen issued a notice on the "Shenzhen City Action Plan for Promoting High-Quality Development of Mergers and Acquisitions (2025-2027)," aiming for a total market capitalization of listed companies to exceed 20 trillion yuan by the end of 2027 [1] - The plan includes completing over 200 merger projects with a total transaction value exceeding 100 billion yuan [1] Financial Projections - Guotai Junan Securities forecasts that listed banks' cumulative revenue and net profit attributable to shareholders will grow by 0.4% and 1.1% year-on-year, respectively, in the first three quarters of 2025 [1] - The growth in profits is attributed to a narrowing decline in net interest margins and a decrease in credit costs [1] Investment Sentiment - Goldman Sachs indicates a slow bull market is forming in the Chinese stock market, predicting a potential 30% increase in key indices by the end of 2027 [3] - The firm cites demand-side stimulation and the new five-year plan as factors contributing to growth rebalancing and risk mitigation [3] ETF Market Activity - As of October 23, 2025, the CSI A500 Index fell by 0.64%, with the A500 ETF leader (563800) seeing a turnover of 4.01% and a transaction volume of 586 million yuan [3] - The top three weighted industries in the A500 ETF are electronics (14.45%), power equipment (10.90%), and banking (7.21%) [3]

Market Overview - A-shares experienced fluctuations with a decrease in trading volume, totaling 1.06 trillion yuan, down 39.3 billion yuan from the previous trading day, with over 3,800 stocks declining [1] Sector Performance - The coal sector showed resilience, with major stocks like Dayou Energy hitting the limit up for the eighth consecutive day, and others like Zhengzhou Coal Power and Liaoning Energy achieving two limit ups in four days [1][3] - Local stocks in Shenzhen surged, with companies such as Jian Ke Yuan and Guangtian Group reaching limit up [2] - The computing hardware sector faced significant declines, particularly in CPO concept stocks, with Tianfu Communication and Changfei Optical Fiber experiencing substantial drops [1] Ice and Snow Industry - The ice and snow industry concept stocks saw rapid increases, with Dalian Shengya achieving two limit ups in four days, driven by a strong cold air mass affecting temperatures across the country [4] - A report indicated that the scale of China's ice and snow industry is expected to exceed 1 trillion yuan by 2025, reaching 1,005.3 billion yuan [4] Media Sector - The media and short drama sectors showed strength, with Hai Kan Co. and Huanrui Century hitting limit up, and several stocks rising over 3% [5] - iQIYI announced a new cooperation plan for short dramas, offering a revenue-sharing model with a 70% exclusive share and a 50% non-exclusive share [5] Banking Sector - The banking sector opened strong but later saw a narrowing of gains, with Postal Savings Bank rising over 4% [6] - Guotai Junan Securities projected a 0.4% and 1.1% year-on-year growth in revenue and net profit for listed banks in the first three quarters of 2025, respectively, with city commercial banks expected to lead in performance growth [6] - CITIC Securities highlighted that the fourth quarter of 2025 may present a key opportunity for dividend stock positioning, as current pessimistic expectations may have been fully reflected [6]