淮北矿业控股股份有限公司 2025 年第二次临时股东会 会议资料 股票代码：600985 二○二五年十二月 淮北矿业控股股份有限公司 2025 年第二次临时股东会会议资料 淮北矿业控股股份有限公司 2025 年第二次临时股东会会议议程 一、会议召开时间： （一）现场会议：2025 年 12 月 24 日上午 10:00 （二）网络投票：采用上海证券交易所网络投票系统，通过交易系统投票平 台的投票时间为股东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 二、现场会议地点：安徽省淮北市人民中路 276 号淮北矿业会议中心 三、与会人员 （一）截至 2025 年 12 月 17 日下午交易结束后，在中国证券登记结算有限 责任公司上海分公司登记在册的公司股东或其代理人； （二）公司董事和高级管理人员； 五、会议主要议程安排 1 （三）本次会议的见证律师； （四）本次会议的工作人员。 四、主持人：董事长孙方 （一）宣布开会 1.主持人宣布会议开始并宣读会议须知 2.宣布现场参会人数及所代表股份数 3. ...

Investment Rating - The investment rating for the coal mining industry is "Positive" [2] Core Viewpoints - The current phase is seen as the beginning of a new upward cycle for the coal economy, with a resonance between fundamentals and policies, making it an opportune time to accumulate coal sector investments [10][11] - The supply-side constraints that have been in place since July remain, suggesting limited downside risk for coal prices, which are expected to stabilize [10][11] - The coal sector is characterized by high profitability, cash flow, return on equity (ROE) of 10-15%, and dividend yields exceeding 5%, indicating strong core asset attributes [10][11] - The coal assets are relatively undervalued, with expectations for overall valuation improvement, supported by high premiums in the primary mining rights market [10][11] - The coal sector is expected to maintain a tight supply-demand balance over the next 3-5 years, with high barriers to entry and strong cash flow characteristics [10][11] Summary by Sections Coal Price Tracking - As of December 13, the market price for Qinhuangdao port thermal coal (Q5500) is 753 CNY/ton, down 38 CNY/ton week-on-week [27] - The international thermal coal offshore price for Newcastle NEWC5500 is 78.0 USD/ton, down 6.0 USD/ton week-on-week [27] - The price for coking coal at Jing Tang port remains stable at 1650 CNY/ton [29] Supply and Demand Tracking - The capacity utilization rate for sample thermal coal mines is 92.5%, an increase of 1.0 percentage point week-on-week [44] - The daily coal consumption in inland provinces has increased by 6.20 thousand tons/day (+1.61%) [45] - The daily coal consumption in coastal provinces has increased by 2.00 thousand tons/day (+1.01%) [45] Inventory Situation - As of December 11, coal inventory in inland provinces has decreased by 11.90 thousand tons week-on-week, while coastal provinces saw a reduction of 71.10 thousand tons [45] - The available days of coal in inland provinces have decreased by 0.50 days week-on-week [45] Key Companies to Watch - Focus on stable operators with solid performance such as China Shenhua, Shaanxi Coal, and China Coal Energy [11] - Pay attention to companies with higher elasticity like Yanzhou Coal, Electric Power Energy, and Guanghui Energy [11] - Consider high-quality metallurgical coal companies such as Huaibei Mining and Lu'an Environmental Energy [11]

Core Viewpoint - The coal market is expected to stabilize and recover in price due to seasonal demand increases and supply constraints as the year-end safety inspections become stricter [1][2]. Group 1: Market Overview - In October, electricity consumption exceeded expectations with a growth of 10.4%, while non-electric demand remained weak, leading to a 9.7% year-on-year decline in coal imports [1]. - Domestic coal prices saw fluctuations in November, with a rise followed by a decline, while long-term contract prices were adjusted upwards [1]. - International coal prices, particularly for Australian thermal and coking coal, continued to rise in November [2]. Group 2: Supply and Demand Dynamics - Domestic coal production decreased by 2.3% year-on-year in October, and coal imports fell by 12.0% in November [1]. - The global seaborne coal loading volume dropped by 3.6% year-on-year in the first ten months, but demand from emerging markets remained strong [1]. - Seasonal demand is expected to increase from December to January, supporting coal prices as supply remains relatively low due to stricter safety regulations [2]. Group 3: Key Companies - Companies with stable earnings and dividends include China Shenhua (601008.SH), Shaanxi Coal and Chemical Industry (601225.SH), and China Coal Energy (601898.SH) [3]. - Companies likely to benefit from improved demand expectations and supply reductions include Shanxi Coking Coal (000983.SZ) and Lu'an Environmental Energy (601699.SH) [3]. - Companies with notable long-term growth potential include Baofeng Energy (600989.SH) and China Qinfa (00866) [3].

此次储煤运输以海运为主，全程启用GPS定位实时监控船只航行路线，货物出发及到港时均开展质量监 察；煤炭抵港卸货后，第一时间覆盖遮雨布防止损耗，在煤堆周边撒布生石灰强化安保防护，全方位保 障煤炭运输安全与品质。针对徐州亿吨港场地垛位紧张问题，江苏省煤炭运销公司及时调整储煤布局， 并联动徐州云集港、双楼港等周边港口备用，确保接卸存储需求足额满足。 记者12月8日从国资系统获悉，徐矿集团旗下江苏省煤炭运销公司已顺利完成全省迎峰度冬20万吨煤炭 储备任务。 此次储煤工作打破以往"买断式"惯例，创新采用"企业+供应商"联合储备模式，有效避免储备结束后低 价销售的损失，实现双方风险共担。同时，通过精简供应链层级、提前锁定价格等方式，进一步压缩采 购成本，显著提升储备效益，为应急煤炭储备工作探索了高效路径。（李晞） 责任编辑：江蓬新 ...

Core Viewpoint - The article discusses the dual responsibility of Huabei Mining Group in energy security and ecological protection, highlighting its investment of 13.6 billion yuan in a comprehensive governance system to address the ecological challenges posed by coal mining in the Huabei region [9]. Governance Framework - Huabei Mining Group has established a "four-dimensional" governance system that integrates planning, government-enterprise collaboration, innovation, and shared ecological outcomes to transition from passive restoration to proactive empowerment in subsidence area management [13]. - The governance framework addresses key questions of "who does it, how to do it, and how well it is done," laying a solid foundation for effective implementation of subsequent initiatives [13]. Practical Strategies - The company has shifted from traditional land reclamation to a comprehensive approach that includes spatial reconstruction, industrial upgrading, and urban development, ensuring that every restored land area maximizes its value [15]. - New residential communities have been built to accommodate 12,000 people affected by subsidence, significantly improving living conditions [20]. - The company has revitalized 641.61 acres of idle land by transforming it into a new materials company listed on the Hong Kong Stock Exchange, creating a new growth point for the industry [26]. Collaborative Efforts - A collaborative governance model has been established, involving government, enterprises, and the community to ensure effective management of subsidence areas [27]. - The company has completed the reclamation of 24,500 acres of land since the 14th Five-Year Plan began, ensuring rapid restoration and utilization of reclaimed land [27]. Innovation in Restoration - Huabei Mining Group collaborates with universities and research institutions to innovate in key areas such as farmland protection and monitoring, enhancing the precision and efficiency of restoration efforts [31]. - The introduction of GNSS satellite positioning systems and drone technology allows for real-time monitoring of ground deformation and subsidence, ensuring that mining activities remain within acceptable limits [34]. Ecological and Economic Benefits - The company has transformed subsidence areas into ecological parks, increasing wetland protection rates to 56.7% and enhancing the region's tourism appeal [39]. - The restoration of 121,000 acres of farmland has led to an annual grain output of 70 million kilograms, contributing significantly to regional food security [49]. Industry Transformation - Huabei Mining Group is transitioning from a resource-intensive model to a green, low-carbon approach, with an estimated potential land value exceeding 30 billion yuan from urban development around subsidence areas [50]. - The establishment of photovoltaic power stations on reclaimed land is expected to generate approximately 161 million kilowatt-hours of electricity annually, reducing carbon emissions by over 150,000 tons [51].

周四新先生、刘杰先生的辞职报告，辞职报告自送达公司时生效，具体情况如下： | 姓名 | 离任职务 | | | 离任时间 | | | | 原定任期到期日 | | | 离任原因 | 是否继续 在上市公 司及其控 股子公司 | 具体职务 | 是否存在 未履行完 毕的公开 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | | | 任职 | | 承诺 | | 陈金华 | 董事、薪酬与考 核委员会委员 | 2025 | 年 | 12 | 月 5 | 日2027 | 年 | 9 月 | 25 | 日 | 工作需要 | 否 | / | 否 | | 周四新 | 董事、审计委员 会委员 | 2025 | 年 | 12 | 月 5 | 日2027 | 年 | 9 月 | 25 | 日 | 达到法定 退休年龄 | 否 | / | 否 | | 刘杰 | 职工董事、薪酬 与考核委员会 | 2025 | 年 | 12 | 月 5 | 日2027 | 年 | 9 ...

股票代码：600985 股票简称：淮北矿业 编号：临 2025—039 淮北矿业控股股份有限公司 关于 2026 年度日常关联交易预计的公告 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： 本事项已经公司第十届董事会第八次会议审议通过，尚需提交公司股东 会审议。 日常关联交易为公司正常生产经营所需，关联交易定价公允，不存在损 害本公司及非关联股东利益的情形，不会对公司持续经营能力造成影响，也不会 对公司独立性构成影响。 一、日常关联交易基本情况 （一）2026 年度日常关联交易预计事项履行的审议程序 2025 年 12 月 5 日，公司独立董事召开第十届董事会独立董事专门会议 2025 年第三次会议，经全体独立董事一致同意，审议通过《关于 2026 年度日常关联 交易预计的议案》。独立董事专门会议发表了如下审核意见：公司 2026 年度日 常关联交易预计为正常的生产经营及业务发展所需；交易遵循自愿、平等、公正 的原则，定价公平、合理，不存在损害公司及非关联股东利益尤其是中小股东利 益的情形。全体独立董事同意将该 ...

证券代码：600985 证券简称：淮北矿业 公告编号：2025-040 淮北矿业控股股份有限公司 关于财务公司与淮北矿业集团签署《金融服务协议补 充协议》暨关联交易的公告 本公司董事会、全体董事及相关股东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： 本次交易简要内容：公司控股子公司淮北矿业集团财务有限公司（下称 "财务公司"）拟与公司控股股东淮北矿业（集团）有限责任公司（下称"淮北 矿业集团"）签署《金融服务协议补充协议》，约定淮北矿业集团及其下属成员单 位（不含本公司及其合并报表范围内的下属公司、安徽华塑股份有限公司及其合 并报表范围内的下属公司，下同）在财务公司的每日最高存款余额（含应计利息） 由不超过 35 亿元调整至不超过 40 亿元；财务公司对淮北矿业集团及其下属成员 单位提供的授信额度、日贷款额度（含应计利息）均由不超过 35 亿元调整至不 超过 40 亿元。 | 关联方在财务公司每日最 高存款余额（含应计利息） | | 400,000.00 万元 | | --- | --- | --- | | 关联方在财务公司每日最 ...

证券代码：600985 证券简称：淮北矿业 公告编号：2025-042 淮北矿业控股股份有限公司 关于召开2025年第二次临时股东会的通知 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： 股东会召开日期：2025年12月24日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、召开会议的基本情况 （一）股东会类型和届次 2025年第二次临时股东会 （二）股东会召集人：董事会 （三）投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结 合的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 12 月 24 日 10 点 00 分 召开地点：安徽省淮北市人民中路 276 号淮北矿业会议中心 1、各议案已披露的时间和披露媒体 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 24 日 至2025 年 12 月 24 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 ...

Group 1 - The core viewpoint of the article highlights that Huabei Mining (SH 600985) held its 10th eighth board meeting on December 8, 2025, to review proposals including the expected daily related transactions for 2026 [1] - For the year 2024, Huabei Mining's revenue composition is as follows: other businesses account for 58.53%, coal mining and selection account for 25.67%, and coal chemical industry accounts for 15.8% [1] - As of the report date, Huabei Mining has a market capitalization of 31.2 billion yuan [1]