证券代码：600925 证券简称：苏能股份 公告编号：2026-001 江苏徐矿能源股份有限公司 2025 年度业绩预减公告 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。 重要内容提示： 本期业绩预告适用于实现盈利，且净利润与上年同期相比下降 50%以上 的情形。 江苏徐矿能源股份有限公司（以下简称"公司"）预计 2025 年度实现 归属于母公司所有者的净利润 18,227 万元到 25,941 万元，与上年同期（法定披 露数据）相比，预计减少 112,586 万元到 120,300 万元，同比减少 81%到 87%。 预计 2025 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 15,969 万元到 23,682 万元，与上年同期（法定披露数据）相比，预计减少 117,893 万元到 125,606 万元，同比减少 83%到 89%。 1. 经财务部门初步测算，预计 2025 年度实现归属于母公司所有者的净利润 18,227 万元到 25,941 万元，与上年同期（法定披露数据）相比，将减少 112,586 万元到 ...

主要受煤炭销售价格下降等因素影响，营业收入、净利润同比下降；控股子公司陕西郭家河煤业有限责 任公司因所得税税率变化，税负成本上升；公司终止确认部分已计提的递延所得税资产等因素影响，增 加合并报表所得税费用32,181万元，导致净利润同比下降。 格隆汇1月19日丨苏能股份(600925.SH)公布，经财务部门初步测算，预计2025年度实现归属于母公司所 有者的净利润18,227万元到25,941万元，同比减少81%到87%。预计2025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15,969万元到23,682万元，同比减少83%到89%。 ...

Core Viewpoint - The company, Suneng Co., Ltd., anticipates a significant decline in net profit for the fiscal year 2025, projecting a decrease of 81% to 87% compared to the previous year, primarily due to falling coal sales prices and increased tax burdens [1] Financial Projections - The expected net profit attributable to the parent company for 2025 is projected to be between 182 million to 259 million yuan, a decrease of 1.126 billion to 1.203 billion yuan year-on-year [1] - The projected net profit, excluding non-recurring gains and losses, is estimated to be between 160 million to 237 million yuan, reflecting a year-on-year decrease of 1.179 billion to 1.256 billion yuan [1] Factors Influencing Performance - The decline in operating revenue and net profit is mainly attributed to the decrease in coal sales prices [1] - The company's subsidiary, Shaanxi Guojiahe Coal Industry Co., Ltd., is facing increased tax burdens due to changes in income tax rates [1] - The company has terminated the recognition of certain deferred tax assets, resulting in an increase in consolidated tax expenses by 322 million yuan, further contributing to the decline in net profit [1]

Group 1 - The company, Suneng Co., Ltd. (600925), stated that the number of shareholders is part of the shareholder register and is subject to confidentiality regarding other shareholders' holdings and trading information [1] - According to the company, shareholders have the right to access their own holding information as per the Company Law and other regulations [1] - The company plans to disclose the number of shareholders as of December 31, 2025, in its 2025 annual report, adhering to the principle of cautious fairness [1]

Group 1 - The coal mining sector increased by 1.23% on January 9, with Jiangte Equipment leading the gains [1] - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Jiangte Equipment's stock price rose by 9.95% to 9.06, with a trading volume of 448,900 shares and a transaction value of 397 million yuan [1] Group 2 - Major coal companies such as China Shenhua and Xinda Zhou A also saw increases, with China Shenhua up 2.41% to 42.45 and a transaction value of 1.551 billion yuan [1] - Conversely, some companies like Dayou Energy and Shanxi Coking Coal experienced declines, with Dayou Energy down 3.23% to 8.10 and a transaction value of 859 million yuan [2] - The coal mining sector experienced a net outflow of 324 million yuan from major funds, while retail investors saw a net inflow of 397 million yuan [2][3] Group 3 - Jiangte Equipment had a net inflow of 109 million yuan from major funds, while retail investors had a net outflow of 46 million yuan [3] - China Shenhua also saw a net inflow of 34.67 million yuan from major funds, with retail investors experiencing a slight outflow [3] - The overall trend indicates a mixed sentiment in the coal mining sector, with significant retail interest despite the net outflow from major funds [2][3]

Core Viewpoint - The coal mining sector experienced a decline of 0.38% on December 25, with China Coal Energy leading the drop. Meanwhile, the Shanghai Composite Index rose by 0.47% and the Shenzhen Component Index increased by 0.33% [1]. Group 1: Market Performance - The coal mining sector's stocks showed mixed performance, with notable declines in major companies such as China Coal Energy, which fell by 1.40% to a closing price of 12.70 [2]. - The trading volume for China Coal Energy was 160,500 shares, with a transaction value of 205 million yuan [2]. - Other companies in the sector, like Jiangxi Tungsten Equipment and Jinko Energy, also saw declines of 1.17% and 0.97%, respectively [2]. Group 2: Capital Flow - The coal mining sector experienced a net outflow of 359 million yuan from major funds, while retail investors contributed a net inflow of 380 million yuan [2]. - The table of capital flow indicates that retail investors were more active, with significant inflows into stocks like Xin Dazhou A, which saw a net inflow of 852,620 yuan from major funds [3]. - Conversely, stocks like Huaihe Energy and Shanmei International faced net outflows from major and speculative funds, indicating a shift in investor sentiment [3].

证券代码：600925 证券简称：苏能股份 公告编号：2025-050 1 本 期 债 券 发 行 的 相 关 文 件 请 见 上 海 证 券 交 易 所 网 站 （https://www.sse.com.cn/）。 特此公告。 江苏徐矿能源股份有限公司董事会 2025 年 12 月 19 日 江苏徐矿能源股份有限公司 2025 年面向专业投资者公开发行 绿色公司债券（第一期）发行结果公告 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。 江苏徐矿能源股份有限公司（以下简称"公司"）获得中国证券监督管理委 员会出具的《关于同意江苏徐矿能源股份有限公司向专业投资者公开发行公司债 券注册的批复》（证监许可〔2025〕2414 号），批复有效期自同意注册之日起 24 个月内有效，注册规模为不超过 20 亿元。2025 年 12 月 17 日，公司成功发行 江苏徐矿能源股份有限公司 2025 年面向专业投资者公开发行绿色公司债券（第 一期）（以下简称"本期债券"），募集资金人民币 5 亿元，已于 2025 年 12 月 17 日到账。 ...

广发证券指出，四季度以来煤炭煤价上涨超预期，10月火电发电量同比增速达7.3%，各环节库存仍低 于去年同期，11月下旬开始季节性需求进一步提升，预计年末及2026年煤价总体延续稳中偏强走势。 国元国际表示，优质煤企凭借资源禀赋及成本优势，能够保持稳健盈利和充裕现金流，分红持续性高， 成为高股息投资标的，资产红利属性不断增强，行业进入"红利+周期"双属性阶段。 中泰证券最新发布的2026年煤炭行业投资策略指出，2026年预核增产能退出规模或超亿吨，带动国内供 应规模收缩，在需求端，电煤需求有望重回增长，非电需求韧性可期。交易面与基本面共振，看好2026 年煤炭板块投资机会。 投资建议方面，中泰证券建议把握三条主线：基于中长期资金持续入市，煤炭"高股息、低估值"投资价 值进一步凸显，积极配置红利属性较强的标的；基于企业自身产能增长逻辑，叠加盈利弹性较大，重点 关注α与β共振的标的；基于煤价见底、盈利改善，重点关注困境反转的炼焦煤。 东方财富Choice数据显示，共有22只煤炭股的股息率(TTM)超2%，其中，冀中能源居首，股息率达 10.20%，中国神华、平煤股份等3股股息率均超7%。 值得注意的是，多数煤炭股今 ...

证券之星消息，12月12日煤炭开采板块较上一交易日下跌0.3%，苏能股份领跌。当日上证指数报收于 3889.35，上涨0.41%。深证成指报收于13258.33，上涨0.84%。煤炭开采板块个股涨跌见下表： 从资金流向上来看，当日煤炭开采板块主力资金净流出2.62亿元，游资资金净流出4.12亿元，散户资金 净流入6.74亿元。煤炭开采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。 ...

Core Viewpoint - The company, Suneng Co., Ltd. (600925), plans to issue bonds aimed at professional investors to primarily repay interest-bearing debts, supplement working capital, and for equity investments, with the actual issuance timing and scale remaining uncertain [1] Group 1 - The bond issuance is intended for repaying interest-bearing debts [1] - The funds will also be used to supplement working capital [1] - Equity investments are another intended use of the bond proceeds [1] Group 2 - The company advises stakeholders to pay attention to the actual issuance details as disclosed in the fundraising prospectus [1]