单位：万元 证券代码：600971 证券简称：恒源煤电 公告编号：2025-027 安徽恒源煤电股份有限公司 关于理财产品到期赎回的公告 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 担个别及连带责任。 安徽恒源煤电股份有限公司（以下简称"公司"）2024 年 8 月 20 日召开第八届董事会第九次会议审议通过了《关于使用闲置自有 资金开展投资理财业务的议案》，具体内容详见 2024 年 8 月 21 日 在上海证券交易所网站（www.sse.com.cn）披露的《关于使用闲置自 有资金开展投资理财业务的公告》（公告编号：2024-030）。公司于 2024 年 12 月 18 日购买的国新证券磐石添利收益凭证 2402 期，具体 内容详见 2024年12月19日在上海证券交易所网站（www.sse.com.cn） 披露的《关于公司使用闲置自有资金开展投资理财业务的进展公告》 （公告编号：2024-051），该收益凭证于 2025 年 6 月 23 日到期赎回， 具体赎回情况如下： 一、公司使用闲置自有资金购买理财产品到期赎回的情况 单 ...

证券代码：600971 证券简称：恒源煤电 公告编号：2025-026 安徽恒源煤电股份有限公司 关于理财产品到期赎回的公告 单位：万元 | 序 | 理财产品名称 | 实际投入金 | 实际收回本 | 实际收益 | 尚未收回 | | --- | --- | --- | --- | --- | --- | | 号 | | 额 | 金 | | 本金金额 | | 1 | 华 泰 证 券 聚 益 第 | | | | | | | 号（工业硅期 24005 | 5000 | 5000 | 21.29 | | | | 货）收益凭证 | | | | | | 2 | 海通证券收益凭证 | | | | | | | 博盈系列原油鲨鱼 | 5000 | 5000 | 48.87 | | | | 鳍看涨第 号 146 | | | | | | 3 | 银河证券"银河金 | | | | | | | 鼎"收益凭证 4731 期 | 5000 | 5000 | 57.08 | | | 4 | 国元证券【元鼎尊享 | | | | | | | 定制 期】固定 578 | 5000 | 5000 | 52.26 | | | | 收益凭证 | | | ...

Core Viewpoint - The company's coal production and sales volume declined in Q1 2025, primarily due to falling coal prices, leading to a significant drop in performance. It is anticipated that coking coal prices have bottomed out, presenting potential for upward movement in the future, while the power generation business is gradually expanding [1][2][3][4]. Financial Performance - In Q1 2025, the company reported total operating revenue of 1.179 billion yuan, a year-on-year decrease of 42.52%. The net profit attributable to shareholders was 27 million yuan, down 93.70% year-on-year [2]. - The company adjusted its earnings per share (EPS) forecasts for 2025-2027 to 0.58, 0.66, and 0.75 yuan, down from previous estimates of 0.64, 0.71, and 0.80 yuan [2]. - The average selling price of coal in Q1 2025 was 692 yuan per ton, a decrease of 325 yuan per ton year-on-year, while the sales cost remained stable at 561 yuan per ton, resulting in a gross profit of 130 yuan per ton, down 326 yuan per ton year-on-year [3]. Market Conditions - The average price of coking coal in Q1 2025 was 1,675 yuan per ton, down 615 yuan per ton year-on-year. In Q2 2025, it is expected to further decline by 235 yuan per ton to 1,439 yuan per ton due to ongoing market supply and demand issues [4]. - The company anticipates that policies to stimulate domestic demand may be introduced in the second half of 2025, which could boost downstream steel demand and potentially lead to a recovery in coking coal prices [4]. Business Expansion - The company has a relatively small installed capacity for thermal power generation at 66 MW and holds a 50% stake in the Qianyingzi Power Plant, which has an installed capacity of 2×350 MW for phase one and 1×1000 MW for phase two, with the latter connected to the grid on February 25, 2025. Additionally, it has a 21% stake in the Guoneng Suzhou Thermal Power Co., Ltd., which has an installed capacity of 2×350 MW [4].

Core Viewpoint - Anhui Hengyuan Coal Power Co., Ltd. has announced the redemption of financial products, highlighting its investment activities and financial performance over the past year [1][2] Group 1: Financial Product Redemption - The company redeemed a financial product on May 21, 2025, with a total investment of 60 million yuan and a total return of 918,000 yuan [1] - The company has utilized its idle self-owned funds for investment in financial products, with a total of 490,210 yuan in actual earnings from these investments over the last twelve months [1] Group 2: Investment and Financial Performance - In the last twelve months, the company has invested a total of 60 million yuan in financial products, with the highest single-day investment amount reaching 20 million yuan [2] - The total financial investment limit is 126 million yuan, with 31.8 million yuan currently utilized and 34.2 million yuan remaining unutilized [2] - The cumulative earnings from financial investments over the last twelve months represent 0.46% of the company's net profit for the last year [2]

证券代码：600971 证券简称：恒源煤电 公告编号：2025-025 安徽恒源煤电股份有限公司 关于理财产品到期赎回的公告 | 序 | 理财产品名称 | 实际投入金 | 实际收回本 | 实际收益 | 尚未收回 | | --- | --- | --- | --- | --- | --- | | 号 | | 额 | 金 | | 本金金额 | | 1 | 华 泰 证 券 聚 益 第 | | | | | | | 号（工业硅期 24005 货）收益凭证 | 5000 | 5000 | 21.29 | | | 2 | 海通证券收益凭证 | | | | | | | 博盈系列原油鲨鱼 | 5000 | 5000 | 48.87 | | | | 鳍看涨第 146 号 | | | | | | 3 | 银河证券"银河金 | | | | | | | 鼎"收益凭证 4731 | 5000 | 5000 | 57.08 | | | | 期 | | | | | | 4 | 国元证券【元鼎尊享 | | | | | | | 定制 578 期】固定 | 5000 | 5000 | 52.26 | | | | 收益凭证 | | | | | | ...

证券代码：600971 证券简称：恒源煤电 公告编号：2025-024 相关日期 | 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 | 2025/5/22 | － | 2025/5/23 | 2025/5/23 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 安徽恒源煤电股份有限公司2024年年度权益分派实施公告 本次利润分配方案经公司2025 年 4 月 23 日的2024年年度股东大会审议通过。 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： 每股分配比例 A 股每股现金红利0.27元 本次利润分配以方案实施前的公司总股本1,200,004,884股为基数，每股派发现金红利 0.27元（含税），共计派发现金红利324,001,318.68元。 1. 发放年度：2024年年度 2. 分派对象： 三、 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 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： ● 会议召开时间：2025年05月14日（星期三）15:00-16:30 ● 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：上证路演中心视频录播和网络互动 ● 投资者可于2025年05月07日 （星期三） 至05月13日 （星期二）16:00前登录上证路演中心网站首页点 击"提问预征集"栏目或通过公司邮箱283563672@qq.com进行提问。公司将在说明会上对投资者普遍关 注的问题进行回答。 安徽恒源煤电股份有限公司（以下简称"公司"）已于2025年3月29日发布公司2024年度报告、于2025年4 月25日发布了公司2025年一季度报告，为便于广大投资者更全面深入地了解公司2024年度和2025年一季 度经营成果、财务状况，公司计划于2025年05月14日（星期三） 15:00-16:30举行2024年度暨2025年第 一季度业 ...

证券代码：600971 证券简称：恒源煤电 公告编号：2025-023 安徽恒源煤电股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会的 公告 安徽恒源煤电股份有限公司（以下简称"公司"）已于 2025 年 3 月 29 日发布公司 2024 年度报告、于 2025 年 4 月 25 日发布了公司 2025 年一季度报告，为便于广大投资者更全面深入地了解公司 2024 年度和 2025 年一季度经营成果、财务状况，公司计划于 2025 年 05 月 14 日（星期三） 15:00-16:30 举行 2024 年度暨 2025 年第一季度 业绩说明会，就投资者关心的问题进行交流。 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： 一、 说明会类型 本次投资者说明会以视频结合网络互动召开，公司将针对 2024 年度和 2025 年一季度的经营成果及财务指标的具体情况与投资者进 行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问 题进行回答。 二、 说明会召开的时间、地点 会议召开时间： ...

Core Insights - The company's financial performance in Q1 2025 has significantly declined, with total revenue dropping by 42.52% year-on-year to 1.179 billion yuan and net profit decreasing by 93.70% to 27.1819 million yuan [1] Financial Performance - The gross margin has decreased to 22.08%, down by 50.88 percentage points compared to the same period last year, while the net profit margin fell from 15.16% to 2.11%, a decline of 89.93% [2] Cost and Expenses - Despite the revenue decline, total selling, administrative, and financial expenses reached 166 million yuan, accounting for 14.06% of total revenue, which is an increase of 12.93% year-on-year [3] Cash Flow Situation - Operating cash flow per share has decreased by 73.79% to 0.15 yuan, and cash and cash equivalents have dropped by 24.01% to 5.671 billion yuan compared to the same period last year [4] Debt and Shareholder Returns - The company's interest-bearing debt has increased by 1.25% to 2.804 billion yuan, with a cumulative financing of 3.562 billion yuan and cumulative dividends of 5.728 billion yuan since its listing, resulting in a dividend-to-financing ratio of 1.61. The estimated dividend yield is 4.28%, which may attract long-term investors [5]

Market Overview - The Shanghai Composite Index fell by 0.07% on April 25, with 21 out of the 28 sectors experiencing gains, led by utilities and telecommunications, which rose by 1.36% and 1.15% respectively [1] - The real estate and coal sectors had the largest declines, with decreases of 0.60% and 0.59% respectively [1] Capital Flow - The net inflow of capital in the two markets was 4.975 billion yuan, with 14 sectors seeing net inflows [1] - The computer sector had the highest net inflow, totaling 3.368 billion yuan, while the utilities sector followed with a net inflow of 1.581 billion yuan [1] Coal Industry Analysis - The coal sector experienced a decline of 0.59% with a net outflow of 19.4741 million yuan [2] - Among the 37 stocks in the coal sector, 16 stocks rose while 20 stocks fell [2] - The top five stocks with net inflows exceeding 10 million yuan included Yongtai Energy (1.23 billion yuan), Zhengzhou Coal Electricity (417.494 million yuan), and China Shenhua (338.088 million yuan) [2][3] - The stocks with the highest net outflows included Huaibei Mining (-43.6057 million yuan), Hengyuan Coal Electricity (-39.3828 million yuan), and Shaanxi Coal and Chemical Industry (-34.1931 million yuan) [2][3] Individual Stock Performance - The top three stocks with the largest net outflows were: - Huaibei Mining: -43.6057 million yuan - Hengyuan Coal Electricity: -39.3828 million yuan - Shaanxi Coal and Chemical Industry: -34.1931 million yuan [2][3] - The stock with the highest net inflow was Yongtai Energy, with a net inflow of 1.2254 billion yuan [3]