《江苏徐矿能源股份有限公司关于向专业投资者公开发行公司债券获得中国证监会同意注册的公 告》 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。 最新公告列表 截至2025年12月2日收盘，苏能股份（600925）报收于4.77元，较前一交易日上涨0.21%，最新总市值为 328.6亿元。该股当日开盘4.76元，最高4.78元，最低4.74元，成交额达3694.95万元，换手率为0.48%。 公司近日发布公告称，江苏徐矿能源股份有限公司于近日收到中国证监会出具的批复，同意公司向专业 投资者公开发行面值总额不超过20亿元的公司债券注册申请。本次发行应严格按照报送上海证券交易所 的募集说明书执行。批复自同意注册之日起24个月内有效，公司可在注册有效期内分期发行。期间如发 生重大事项，需及时报告。公司将根据法律法规及股东会授权办理发行事宜，并履行信息披露义务。 ...

Core Viewpoint - The company, SuNeng Co., Ltd. (600925.SH), has received approval from the China Securities Regulatory Commission (CSRC) to publicly issue corporate bonds totaling up to 2 billion yuan to professional investors [1] Group 1 - The approval allows the company to issue corporate bonds with a total face value not exceeding 2 billion yuan [1] - The issuance of the corporate bonds must strictly adhere to the prospectus submitted to the Shanghai Stock Exchange [1] - The approval is valid for 24 months from the date of registration, during which the company can issue the bonds in multiple tranches [1]

一、同意公司向专业投资者公开发行面值总额不超过 20 亿元公司债券的注 册申请。 二、本次发行公司债券应严格按照报送上海证券交易所的募集说明书进行。 证券代码：600925 证券简称：苏能股份 公告编号：2025-049 江苏徐矿能源股份有限公司 关于向专业投资者公开发行公司债券获得 中国证监会同意注册的公告 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。 江苏徐矿能源股份有限公司（以下简称"公司"）于近日收到中国证券监督管 理委员会（以下简称"中国证监会"）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）， 内容如下： 江苏徐矿能源股份有限公司董事会 2025 年 12 月 3 日 1 三、本批复自同意注册之日起 24 个月内有效，公司在注册有效期内可以分 期发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，公司如发生重大事项， 应及时报告并按有关规定处理。 公司将按照有关法律法规和上述批复文件的要求及公司股东会的授权范围， 办理本次公司债券发 ...

苏能股份（600925）(600925.SH)发布公告，公司于近日收到中国证监会出具的《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)，同意公司向 专业投资者公开发行面值总额不超过20亿元公司债券的注册申请。 ...

Core Viewpoint - The company, Suneng Co., Ltd. (stock code: 600925.SH), has received approval from the China Securities Regulatory Commission (CSRC) for the public issuance of corporate bonds totaling up to 2 billion yuan to professional investors [1] Group 1 - The company has been granted a registration approval for the issuance of corporate bonds [1] - The total face value of the bonds to be issued is not to exceed 2 billion yuan [1] - The approval is documented under the CSRC's official reference number 2414 [1]

人民财讯12月2日电，苏能股份（600925）12月2日公告，公司近日收到中国证监会出具的批复，同意公 司向专业投资者公开发行面值总额不超过20亿元公司债券的注册申请。 ...

Core Points - The company has received approval from the China Securities Regulatory Commission (CSRC) for the issuance of corporate bonds [1] - The total face value of the bonds to be issued will not exceed 2 billion yuan [1] - The approval is valid for 24 months from the date of registration [1] Summary by Sections - **Bond Issuance Approval** - The company is authorized to issue corporate bonds to professional investors [1] - The issuance must comply with the prospectus submitted to the Shanghai Stock Exchange [1] - **Issuance Conditions** - The company can issue the bonds in multiple tranches within the validity period [1] - Any significant events occurring between the approval and the completion of the bond issuance must be reported promptly [1]

Core Viewpoint - The company has experienced fluctuations in coal prices due to changes in supply and demand in the coal market, impacting its coal business, but has seen improvements in revenue and net profit in the third quarter as market conditions improved [1] Group 1: Coal Business - The coal market has shown volatility this year, affecting the company's coal operations [1] - In the third quarter, the company reported a quarter-on-quarter improvement in both revenue and net profit due to better supply and demand conditions in the coal market [1] Group 2: Power Business - The company is actively advancing its power business, with significant growth in both thermal power and renewable energy revenue [1]

证券代码：600925 证券简称：苏能股份 公告编号：2025-048 江苏徐矿能源股份有限公司 关于召开2025 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。 重要内容提示： 江苏徐矿能源股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日 发布了公司 2025 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 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 19 日上午 9:00~10:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 1 会议召开时间：2025 年 11 月 19 日 （星期三） 上午 9:00-10:00 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 投资者可于 2025 年 11 月 12 日 （星期三） 至 11 月 18 日 （星期二） 16:00 前登录上证路演中心网站首页点击 ...

Core Insights - The coal prices have significantly increased in the second half of the year, driven by supply-side policies and rising winter heating demand, leading to an improvement in the industry's fundamentals [1][2]. Price Trends - In the second half of the year, coal prices have cumulatively risen over 20%, with specific prices reported as follows: Qinhuangdao port Q4500 at 588 CNY/ton, Q5000 at 678 CNY/ton, and Q5500 at 770 CNY/ton, reflecting increases of 21.24%, 23.27%, and 23.99% respectively since July [2]. - The latest price for coking coal in North China reached 1581.25 CNY/ton, marking a 12.44% increase since mid-September [2]. Supply Dynamics - The primary driver of the recent coal price increase is a contraction in supply, initiated by the National Energy Administration's policy to check overproduction in the coal industry [2]. - A total of 22 central safety production assessment teams will conduct annual inspections across 31 provinces and regions starting November 2025 [2]. Demand Factors - As winter approaches, coal demand for heating and electricity is expected to rise, particularly in northern regions where centralized heating is being activated [3]. - The International Energy Agency (IEA) projects a modest recovery in global coal demand, with a 0.2% year-on-year increase expected in 2025, primarily driven by the electricity sector [3]. Industry Outlook - The coal industry is anticipated to enter a new upward cycle due to ongoing policy support for transformation and upgrades, as evidenced by the Henan provincial government's action plan for the coal sector [4]. - The plan includes optimizing resource allocation, enhancing equipment technology, and increasing the share of intelligent coal mines to 65% [4]. Financial Performance - The third-quarter profits of coal companies have rebounded significantly, with a total net profit of 299.42 billion CNY reported by 37 listed coal companies, reflecting a 22.83% quarter-on-quarter increase [5]. - Companies such as Shanxi Coking Coal and Sunan Co. reported a turnaround in profitability, while over 60% of companies showed improved earnings [5]. Dividend Trends - The coal sector has shown a growing willingness to distribute dividends, with 15 companies having a dividend yield exceeding 3%, representing over 40% of the total [5]. - Jizhong Energy leads with a dividend yield of 9.74%, followed by Pingmei Shenma and Hengyuan Coal Power at 6.67% and 6.53% respectively [5]. Company Highlights - Jizhong Energy reported the highest quarter-on-quarter profit growth of 102.69%, achieving a net profit of 0.59 billion CNY [6]. - The company has a long-standing commitment to cash dividends, having distributed a total of 190.15 billion CNY since its listing [6].