Group 1: Coal Sector Insights - The coal sector experienced a significant boost on July 14, with stocks like Zhengzhou Coal Power hitting the daily limit up, and other companies such as Shanxi Coal International and Liaoning Energy also seeing substantial gains [4][7]. - The China Coal Transportation and Marketing Association held a meeting emphasizing the need for coal companies to recognize the severe imbalance in supply and demand, and to strictly implement long-term contracts for electricity coal [7]. - The meeting also highlighted the importance of maintaining safety and stability in production, improving coal supply quality, and addressing "involution" competition within the industry [7]. Group 2: Market Performance - On July 14, the A-share market showed mixed results, with the Shanghai Composite Index rising by 0.27%, while the Shenzhen Component and ChiNext Index fell by 0.11% and 0.45% respectively [15]. - A total of 3,179 stocks rose, with 72 hitting the daily limit up, while 2,064 stocks declined, including 18 that hit the daily limit down [16][17]. - The total trading volume reached 14,809.22 billion CNY, with a total of 122,924.9 million shares traded [17]. Group 3: Other Sector Developments - The "anti-involution" policy is expected to stimulate market liquidity and has drawn comparisons to the "Belt and Road Initiative" in terms of its long-term narrative potential [8]. - Various sectors, including construction, steel, and cement, have expressed intentions to address structural contradictions within their industries, with specific policies anticipated to be introduced soon [9]. - In Dongguan, a new plan was released to promote high-quality service consumption, including initiatives to enhance dining experiences and expand elderly care services [11][13].

Core Viewpoint - Jiangsu Xukang Energy Co., Ltd. announced the resignation of non-independent director and general manager Zhang Zhiyuan due to work adjustments, which will not affect the company's normal operations or board functionality [1][2] Group 1: Resignation Details - Zhang Zhiyuan submitted a written resignation application, resigning from multiple positions including non-independent director, member of the board's strategic committee, member of the board's nomination committee, and general manager [1] - The resignation is effective from the date it was delivered to the board, and the company will expedite the process of selecting a new non-independent director and general manager [1] Group 2: Impact on the Company - Zhang Zhiyuan's resignation will not reduce the number of board members below the legal minimum, ensuring the board's normal operation and the company's management continuity [1] - The company expressed gratitude for Zhang Zhiyuan's contributions during his tenure, highlighting his diligence and commitment to the company's development [1]

重要内容提示： 近日，江苏徐矿能源股份有限公司（以下简称"公司"）第三届董事会收到 非独立董事、总经理张志远先生的书面辞职申请。因工作调整原因，张志远先生 申请辞去公司非独立董事、董事会战略委员会委员、董事会提名委员会委员及总 经理职务。 一、董事、高级管理人员离任情况 (一) 提前离任的基本情况 证券代码：600925 证券简称：苏能股份 公告编号：2025-029 江苏徐矿能源股份有限公司 关于公司董事、高级管理人员离任的公告 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) 离任对公司的影响 张志远先生的辞职不会导致公司董事会成员人数低于法定最低人数，不会影 响董事会的正常运作及公司经营管理的正常运行，张志远先生已按照公司相关制 度做好交接工作。根据《公司法》《公司章程》等有关规定，张志远先生的辞职 申请自送达董事会之日起生效，公司将尽快完成非独立董事补选、总经理选聘工 作。张志远先生在公司任职期间，恪尽职守、勤勉尽责，忠实地履行董事应尽的 各项职责和义务，在公司规范运作和稳健发展等方面发挥了积极作用，公司及公 司 ...

Core Viewpoint - Jiangsu Xukang Energy Co., Ltd. announced a cash dividend distribution of 0.122 CNY per share, totaling approximately 840.44 million CNY, approved at the 2024 annual shareholders' meeting on May 15, 2025 [1][2][5] Dividend Distribution Details - The cash dividend of 0.122 CNY per share is based on a total share capital of 6,888,888,889 shares [1][2] - The key dates for the dividend distribution are as follows: - Record date: June 30, 2025 - Last trading day: July 1, 2025 - Ex-dividend date: July 1, 2025 - Dividend payment date: July 1, 2025 [2][5] Implementation Method - The dividends for unrestricted circulating shares will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2][3] - Shareholders who have not completed designated transactions will have their dividends held by the China Securities Depository and Clearing Corporation until the transactions are completed [2][3] Taxation Policies - For individual shareholders holding unrestricted circulating shares, the tax treatment varies based on the holding period: - Holding period over 1 year: exempt from individual income tax - Holding period within 1 month: full amount included in taxable income at a 20% tax rate - Holding period between 1 month and 1 year: 50% included in taxable income at a 10% effective tax rate [3][4] - For foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net dividend of 0.1098 CNY per share [4] - Other institutional investors are responsible for their own tax payments, receiving a net dividend of 0.122 CNY per share [5]

证券代码：600925 证券简称：苏能股份 公告编号：2025-028 江苏徐矿能源股份有限公司 2024年年度权益分派实施公告 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： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/30 | － | 2025/7/1 | 2025/7/1 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 15 日的2024年年度股东会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 每股分配比例 A 股每股现金红利0.122元 相关日期 1. 发放年度：2024年年度 2. 分派对象： 金红利0.122元（含税），共计派发现金红利840,444,444.46元。 三、 相关日期 ...

Core Viewpoint - The legal opinion issued by Shanghai Jintiancheng Law Firm confirms that the second extraordinary general meeting of shareholders of Jiangsu Xukang Energy Co., Ltd. in 2025 was convened and conducted in compliance with relevant laws and regulations, ensuring the legitimacy and validity of the meeting and its resolutions [1][9]. Group 1: Meeting Procedures - The extraordinary general meeting was convened by the company's board of directors and announced on June 5, 2025, through various media, detailing the time, location, agenda, and registration methods [2][3]. - The meeting took place on June 20, 2025, at a designated hotel, with provisions for both on-site and online voting [3][4]. Group 2: Attendance and Voting - A total of 651 shareholders attended the meeting, with 649 participating via the online voting system, confirming their eligibility through the Shanghai Stock Exchange's verification [4][5]. - The voting results showed overwhelming support for the resolutions, with significant majorities in favor, including 99.9526% for one resolution and 99.9182% for another [5][6]. Group 3: Resolutions Passed - The meeting passed several resolutions, including the election of non-independent directors, with all resolutions meeting the required thresholds for approval [6][8]. - The resolutions were categorized into special and ordinary resolutions, with special resolutions requiring a two-thirds majority and ordinary resolutions requiring a simple majority [8][9].

Meeting Details - The shareholders' meeting was held on June 20, 2025, at the Yidun Kandes Hotel in Xuzhou, Jiangsu Province [1] - The attendance rate of shareholders was 81.7448% [1] - The meeting was chaired by the company's chairman, Yu Yang, and voting was conducted through both on-site and online methods, complying with the Company Law and the Articles of Association [1] Voting Results - All non-cumulative voting proposals were approved with significant support, including: - Proposal 1: 5,628,642,793 votes in favor (99.9526%), 2,575,443 votes against (0.0457%), and 92,600 abstentions (0.0017%) [1] - Proposal 2: 5,626,706,993 votes in favor (99.9182%), 3,637,443 votes against (0.0645%), and 966,400 abstentions (0.0173%) [1] - Proposal 3: 5,629,614,693 votes in favor (99.9698%), 1,561,343 votes against (0.0277%), and 134,800 abstentions (0.0025%) [1] Legal Compliance - The meeting and voting procedures were confirmed to be in accordance with the Company Law and relevant regulations, ensuring the legality and validity of the resolutions passed [2][3]

证券代码：600925 证券简称：苏能股份 公告编号：2025-027 江苏徐矿能源股份有限公司 2025年第二次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 651 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 5,631,310,836 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 81.7448 | 本次股东大会由公司董事会召集，公司董事长于洋先生主持，会议采取现场 投票和网络投票相结合的方式进行投票表决，表决方式符合《公司法》及《公司 章程》的规定。 二、 议案审议情况 审议结果：通过 表决情况： | 股东类型 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | 票数 | 比例 | 票数 | 比例 | 票数 ...

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于江苏徐矿能源股份有限公司 2025 年第二次临时股东大会的 2025 年第二次临时股东大会的 法律意见书 致：江苏徐矿能源股份有限公司 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于江苏徐矿能源股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受江苏徐矿能源股份有限公 司（以下简称"公司"）的委托，指派颜强律师、王斑律师出席公司 2025 年第 二次临时股东大会（以下简称"本次股东大会"），并依据《中华人民共和国公 司法》（以下简称"《公司法》"）、《中华人民共和国证券法》和《上市公司股 东会规则》等法律、法规、规范性文件以及《江苏徐矿能源股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律 业务管理办法》和《律师事务所证券法律业务执业规则（试行)》等规定，严 格履 ...

江苏徐矿能源股份有限公司 2025 年第二次临时股东大会会议资料 江苏徐矿能源股份有限公司 2025 年第二次临时股东大会会议资料 2025 年 6 月 | 4 | 1 | | --- | --- | | > | | | . | 1 | | | | 江苏徐矿能源股份有限公司 2025 年第二次临时股东大会会议资料 证券代码：600925 证券简称：苏能股份 江苏徐矿能源股份有限公司 2025 年第二次临时股东大会会议须知 为了维护江苏徐矿能源股份有限公司（以下简称"公司"）全体股东的合法 权益，确保本次股东大会的正常秩序和议事效率，保证大会的顺利进行，依据《中 华人民共和国公司法》《中华人民共和国证券法》以及公司章程、股东大会议事 规则的有关规定，特制订本须知： 一、公司董事会在本次股东大会筹备工作和召开过程中，应当认真履行法定 职责，维护股东合法权益，公司全体董事对于股东大会的正常召开负有诚信责任， 保证股东大会依法履行职权。 二、出席本次股东大会的对象为股权登记日登记在册的股东。依法享有《公 司章程》规定的各项权利，认真履行法定义务，依照所持有的股份份额行使表决 权。 三、与会人员应听从大会工作人员的指引 ...