Financial Performance - The company's operating revenue for Q3 2021 was CNY 5,408,176,103.58, representing a year-on-year increase of 20.45%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 479,145,920.44, reflecting a significant increase of 91.95% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 479,597,032.46, up 92.04% year-on-year[4] - The basic earnings per share for Q3 2021 was CNY 0.30, an increase of 87.50% compared to the same period last year[4] - The diluted earnings per share for Q3 2021 was also CNY 0.30, reflecting the same growth of 87.50% year-on-year[4] - Total operating revenue for the first three quarters of 2021 reached ¥16,355,700,010.42, an increase of 20.5% compared to ¥13,525,169,115.01 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥1,920,012,994.49, compared to ¥902,018,343.60 in 2020, representing a growth of 112.5%[20] - Earnings per share for the first three quarters of 2021 were ¥1.01, up from ¥0.51 in the same period last year, indicating a 98% increase[20] - The company reported a total profit of ¥2,488,994,801.85 for the first three quarters of 2021, significantly higher than ¥1,181,473,656.61 in 2020, reflecting a growth of 110.8%[20] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 29,251,122,772.88, which is a 6.92% increase from the end of the previous year[4] - The total liabilities of the company as of the reporting date were ¥13,770,787,560.83, compared to ¥13,126,728,223.93 in the previous year, showing an increase of 4.9%[16] - The total equity attributable to shareholders reached ¥13,297,234,741.63, up from ¥12,090,464,865.30, indicating an increase of 10%[16] - The company's total assets amounted to ¥29,251,122,772.88, compared to ¥27,356,966,395.26 in the previous year, reflecting a growth of 6.9%[16] - Total assets amounted to approximately $27.36 billion, a decrease of $0.09 billion compared to the previous period[32] - Total liabilities reached approximately $13.13 billion, reflecting a decrease of $0.09 billion from the prior period[34] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,849,155,325.53, showing a substantial increase of 1,120.78% compared to the same period last year[4] - In the first three quarters of 2021, the cash inflow from operating activities was approximately CNY 16.59 billion, a significant increase from CNY 11.28 billion in the same period of 2020, representing a growth of 47.1%[24] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 2.85 billion, compared to CNY 233.39 million in the same period of 2020, indicating a substantial increase[24] - The cash inflow from sales of goods and services was CNY 16.69 billion in the first three quarters of 2021, compared to CNY 11.39 billion in 2020, representing a growth of 46.5%[24] - The cash and cash equivalents at the end of the third quarter of 2021 amounted to CNY 7.98 billion, an increase from CNY 4.59 billion at the end of the same period in 2020, representing a growth of 73.5%[26] Shareholder Information - The company reported a total of 53,778 common shareholders at the end of the reporting period[11] - The largest shareholder, Kailuan Group Co., Ltd., held 732,262,656 shares, representing 46.12% of total shares[11] - The company has no known related party relationships among the top ten shareholders[11] Costs and Expenses - Total operating costs amounted to ¥13,913,274,206.19, up from ¥12,396,944,818.87, reflecting a year-over-year increase of 12.2%[18] - Research and development expenses increased to ¥133,783,213.54 from ¥105,844,109.83, marking a rise of 26.4% year-over-year[18] - Tax expenses for the first three quarters of 2021 were ¥568,981,807.36, compared to ¥279,455,313.01 in the previous year, an increase of 103.6%[20] - The company paid CNY 1.42 billion in taxes in the first three quarters of 2021, up from CNY 874.16 million in the same period of 2020, reflecting a 62.5% increase[24] Investment Activities - The total cash outflow from investing activities in the first three quarters of 2021 was CNY 909.23 million, up from CNY 494.11 million in 2020, reflecting a 83.9% increase[26] - The company reported a net cash outflow from investing activities of -CNY 705.61 million in the first three quarters of 2021, compared to -CNY 357.03 million in the same period of 2020, indicating a worsening investment cash flow situation[26] - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was CNY 701.96 million in the first three quarters of 2021, compared to CNY 413.51 million in 2020, indicating a 69.8% increase[25]

Financial Performance - The company's operating revenue for the first half of 2021 reached CNY 10,947,523,906.84, an increase of 21.17% compared to CNY 9,035,074,252.49 in the same period last year[15]. - Net profit attributable to shareholders of the listed company was CNY 1,129,200,192.86, representing a significant increase of 103.10% from CNY 555,991,887.59 year-on-year[15]. - The net cash flow from operating activities was CNY 1,544,882,974.10, up 169.20% from CNY 573,880,017.97 in the previous year[15]. - Basic earnings per share for the first half of 2021 were CNY 0.71, up 102.86% from CNY 0.35 in the same period last year[18]. - Total profit reached CNY 180,256.85 million, up 120.81% compared to the same period last year[30]. - The total comprehensive income for the first half of 2021 was CNY 1,383,178,668.48, compared to CNY 596,068,829.07 in the previous year, indicating a substantial growth[159]. - The profit attributable to shareholders of the parent company was CNY 1,129,200,192.86, up 102.7% from CNY 555,991,887.59 in the same period last year[159]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 28,366,456,000.73, a 3.69% increase from CNY 27,356,966,395.26 at the end of the previous year[18]. - The total liabilities increased to CNY 6,817,221,336.55 from CNY 6,771,132,776.90, reflecting a growth of 0.68%[156]. - The total equity attributable to shareholders rose to CNY 11,302,802,140.17, compared to CNY 10,968,072,133.33, marking an increase of 3.0%[156]. - Cash and cash equivalents at the end of the period amounted to ¥7,554,027,857.35, representing 26.63% of total assets, an increase of 4.25% compared to the previous year[37]. - The company's total assets amounted to ¥28,366,456,000.73, up from ¥27,356,966,395.26, indicating an increase of about 3.7%[148]. Production and Operations - The company has a coal production capacity of 8.1 million tons per year, with coke production capacity of 6.6 million tons per year, methanol at 200,000 tons per year, and adipic acid at 150,000 tons per year[25]. - Coal production was 4.1069 million tons, an increase of 4.90% year-on-year, while sales of washed coal rose by 15.86% to 1.0242 million tons[30]. - The company’s coal resources in the Tangshan area have a reserve of 593.263 million tons as of June 30, 2021[26]. - The company’s coal products are sold through a centralized sales model, ensuring unified contract signing and settlement[25]. - The company achieved operating revenue of CNY 10,947,523,906.84, a year-on-year increase of 21.17%[33]. Research and Development - Research and development expenses increased by 37.44% to CNY 89,825,006.48, indicating a focus on innovation[34]. - Research and development expenses for the first half of 2021 were CNY 89,825,006.48, up from CNY 65,355,198.57 in the previous year[156]. Environmental Compliance - The company reported that its major subsidiaries are classified as key pollutant discharge units, adhering to strict environmental regulations[61]. - The company achieved a zero discharge project for wastewater treatment by the end of June 2021, ensuring no production wastewater is released[65]. - The actual emissions of nitrogen oxides were 49.17 mg/m³, significantly below the standard limit of 100 mg/m³[69]. - The company has implemented a zero discharge project for wastewater treatment, completed by the end of June 2021[65]. - The company has established a comprehensive environmental emergency response plan, which has been filed with local environmental protection departments[100]. Financial Stability and Investments - The company has a registered capital of 200,000.00 million CNY for its financial subsidiary, indicating a strong financial backing for its operations[46]. - The company reported an environmental investment of CNY 347.47 million, accounting for 3.17% of its revenue[112]. - The company has made a significant equity investment of ¥400,000,000.00 in Kailuan Group Financial Co., Ltd., holding a 40% stake[40]. - The company has issued two medium-term notes with a total balance of 3 billion RMB, with interest rates of 4.85% and 4.48% respectively[138]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,095[128]. - The largest shareholder, Kailuan (Group) Co., Ltd., held 732,262,656 shares, accounting for 46.12% of the total shares[128]. - The top ten shareholders held a total of 1,101,000,000 shares, representing 68.67% of the total shares[128]. - The company maintains a long-term credit rating of AA+ as of June 23, 2021[139]. Risk Management - There are no significant risks or uncertainties mentioned that could impact future performance[4]. - Safety production risks are a significant concern, with potential impacts from natural disasters and hazardous materials in the coal chemical industry[50]. - The company continues to enhance safety measures, implementing a proactive safety strategy and regular safety inspections[30]. Corporate Governance - The controlling shareholder, Kailuan Group, committed to not engage in any competitive activities with the company since May 18, 2004[118]. - The company had no significant litigation or arbitration matters during the reporting period[118]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[111].

Financial Performance - Net profit attributable to shareholders rose by 86.88% to CNY 606.07 million year-on-year[15] - Operating revenue grew by 25.62% to CNY 5.84 billion compared to the same period last year[15] - Basic earnings per share increased by 90.00% to CNY 0.38 per share[15] - The company reported a net profit excluding non-recurring gains and losses of CNY 602.92 million, an increase of 86.38% year-on-year[15] - Operating profit for Q1 2021 was RMB 978,440,777.12, significantly higher than RMB 467,236,056.15 in Q1 2020, representing a growth of 109%[41] - Net profit for Q1 2021 amounted to RMB 743,630,658.33, compared to RMB 358,439,956.61 in Q1 2020, reflecting a year-on-year increase of 107.1%[41] - The company's net profit for the first quarter of 2021 was CNY 291,065,882.30, an increase from CNY 268,426,823.24 in the same period of 2020, representing a growth of approximately 8.4%[47] Assets and Liabilities - Total assets increased by 4.63% to CNY 28.62 billion compared to the end of the previous year[15] - The company's total assets were RMB 28,622,809,798.21, up from RMB 27,356,966,395.26, marking a growth of 4.6%[33] - Total liabilities reached RMB 13,607,850,699.70, compared to RMB 13,126,728,223.93, indicating an increase of 3.6%[33] - Total current liabilities were RMB 2,353,938,146.38, while total liabilities stood at RMB 6,771,132,776.90[67] - Total current assets amounted to RMB 8,104,887,055.61 as of December 31, 2020[65] - Total non-current assets reached RMB 9,634,317,854.62, leading to a total asset value of RMB 17,739,204,910.23[67] Cash Flow - Net cash flow from operating activities decreased by 6.57% to CNY 726.25 million compared to the previous year[15] - The cash inflow from operating activities for Q1 2021 was CNY 5,190,114,669.00, an increase of 24.1% compared to CNY 4,182,348,486.58 in Q1 2020[51] - The net cash outflow from investment activities was CNY 150,226,899.92, an increase of 62.76% compared to the previous year, mainly due to cash payments for constructing fixed assets[28] - The net cash outflow from financing activities was CNY 183,526,282.37, an increase of 148.17%, primarily due to increased repayments of bank loans[28] - The company reported a net cash inflow of CNY 396,181,394.13 for Q1 2021, a decrease from CNY 600,333,243.39 in Q1 2020[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 66,764[19] - The largest shareholder, Kailuan Group Co., Ltd., held 46.12% of the shares, with 158,730,159 shares pledged[19] Research and Development - Research and development expenses rose by CNY 6,222,820.59, an increase of 41.89%, reflecting higher investment in R&D[25] - Research and development expenses for Q1 2021 were RMB 21,077,359.77, up 41.5% from RMB 14,854,539.18 in Q1 2020[41] - Research and development expenses decreased to CNY 7,647,787.75 in the first quarter of 2021 from CNY 12,311,468.77 in the first quarter of 2020, a reduction of approximately 37.5%[47] Tax and Government Subsidies - Government subsidies recognized in the current period amounted to CNY 4.15 million[15] - The company's tax payable increased by CNY 215,584,262.89, up 141.52%, primarily due to a significant increase in profits leading to higher corporate income tax[23] - The company's tax expenses for the first quarter of 2021 were CNY 92,564,403.82, up from CNY 83,801,727.94 in the first quarter of 2020, indicating an increase of about 10.5%[47] Inventory and Receivables - Accounts receivable amounted to RMB 1,876,297,850.06, up from RMB 1,778,218,499.96, reflecting a growth of 5.5%[31] - Inventory increased to RMB 1,130,036,614.31 from RMB 977,645,982.86, representing a rise of 15.6%[31] - Accounts receivable decreased to RMB 450,047,962.03 from RMB 684,723,342.91, a decline of 34.3%[39] Changes in Accounting Standards - The new leasing standards introduced "right-of-use assets" and "lease liabilities," impacting the financial statements starting January 1, 2021[64] - The implementation of the new leasing standards is expected to enhance transparency in the company's financial reporting and asset management[64]

Financial Performance - The company's operating revenue for 2020 was ¥18,176,778,760.87, a decrease of 9.44% compared to ¥20,071,971,845.94 in 2019[14] - The net profit attributable to shareholders of the listed company was ¥1,078,518,671.13, down 6.19% from ¥1,149,638,717.63 in the previous year[14] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,078,058,038.89, a decrease of 5.71% compared to ¥1,143,383,799.88 in 2019[14] - The net cash flow from operating activities for 2020 was CNY 1,851,288,659.39, a decrease of 29.05% compared to CNY 2,609,464,560.75 in 2019[17] - Basic and diluted earnings per share for 2020 were CNY 0.68, down 5.56% from CNY 0.72 in 2019[17] - The total profit amounted to CNY 159,228.07 million, down 1.87% year-on-year[32] - The company reported a total revenue of CNY 17,765,375,805.78, reflecting a decrease of 12.01% compared to the previous year[42] Dividend Distribution - The company plans to distribute a cash dividend of ¥2.80 per 10 shares, totaling ¥444,583,958.28, based on a total share capital of 1,587,799,851 shares as of December 31, 2020[4] - The cash dividend for 2020 is proposed at 2.80 RMB per 10 shares, totaling approximately 444.58 million RMB, which represents 41.22% of the net profit attributable to ordinary shareholders[90] - The cash dividend for 2019 was 2.20 RMB per 10 shares, totaling approximately 349.32 million RMB, representing 30.38% of the net profit attributable to ordinary shareholders[90] Assets and Liabilities - The net assets attributable to shareholders of the listed company increased by 6.77% to CNY 12,090,464,865.32 from CNY 11,323,696,088.17 in 2019[17] - Total assets rose by 11.74% to CNY 27,356,966,395.26 compared to CNY 24,482,572,417.33 in the previous year[17] - The company's total fixed assets reached CNY 10,699,045,706.52, reflecting a 5.80% increase from CNY 10,112,417,110.45[50] - The company's total liabilities decreased by 67.05% for non-current liabilities due within one year, dropping to CNY 686,283,842.81 from CNY 2,082,515,711.88[50] Production and Capacity - The total production capacity for coal is 8.1 million tons per year, with coke production capacity at 6.6 million tons per year[25] - The company produced 718.20 million tons of raw coal, an increase of 6.98% year-on-year[32] - The company produced 667.41 million tons of coke, a decrease of 5.33% year-on-year[32] - The company produced 19.99 million tons of methanol, an increase of 10.69% year-on-year[32] - The company achieved a production capacity utilization rate of 100% for several projects, including the Tangshan Zhongrun Company's coking and supporting projects with a capacity of 2.2 million tons[66] Research and Development - The company increased its R&D expenses by 84.74% to CNY 148,704,489.14[36] - The company employed 198 R&D personnel, which is 1.59% of the total workforce[44] - The company achieved breakthroughs in several R&D projects, including the development of polyformaldehyde composite materials and industrial catalysts[47] - Research and development investment totaled ¥148,704,489.14, representing 0.82% of operating revenue[44] Environmental Compliance - The company strictly adheres to national and local environmental protection laws and regulations during its operations[118] - The company has implemented a deep treatment system for wastewater, with minimal external discharge[118] - The company has established a wastewater treatment system that meets the discharge standards before releasing into municipal networks[128] - The company has implemented pollution control facilities including SCR denitrification and wet electrostatic precipitators, ensuring compliance with emission standards[153] - The company has established emergency response plans for sudden environmental incidents and completed local environmental department filings[164] Shareholder Structure - The total number of ordinary shares increased to 1,587,799,851, with a proportion of 100% after the release of 353,159,851 restricted shares[181] - The number of shareholders reached 55,542, with the top ten shareholders holding a total of 732,262,656 shares, accounting for 46.12%[184] - The controlling shareholder is Kailuan (Group) Co., Ltd., primarily engaged in coal mining and related processing[187] - The actual controller is the Hebei Provincial Government State-owned Assets Supervision and Administration Commission[190] Risk Management - The company has acknowledged the risks associated with its future plans and has provided a detailed risk description in the report[4] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[4] - The company has not faced any major litigation or arbitration matters during the reporting period[100] - The company has not encountered any risks of suspension or termination of its listing during the reporting period[100] Poverty Alleviation Efforts - The company has been actively involved in poverty alleviation efforts, with a total investment of over CNY 500,000 in purchasing poverty alleviation products[109] - The company successfully helped 302 individuals from registered impoverished households achieve poverty alleviation by the end of 2020[112] - The company plans to continue its poverty alleviation efforts, focusing on preventing the re-emergence of poverty among previously assisted households[113] Financial Management - The company reported a maximum deposit balance of 569,556.46 million RMB with an average daily deposit of 382,955.38 million RMB in 2020[101] - The financial company provided a total asset amount of 1,127,537.73 million RMB and a loan balance of 857,208.71 million RMB by the end of 2020[101] - The company has signed a financial service agreement with its controlling shareholder to enhance fund management and financing channels[101]

开滦能源化工股份有限公司 2020 年第三季度报告 公司代码：600997 公司简称：开滦股份 开滦能源化工股份有限公司 600997 2020 年第三季度报告 二〇二〇年十月 1 / 22 (㊣)开滦能源化工股份有限公司 2020 年第三季度报告 | --- | --- | --- | |-------|---------------|-------| | | 目 录 | | | 一、 | 重要提示 | | | 1 Í | 公司基本情况… | | | 三、 | 重要事项 | | | 四、 | 附录 | | 2 / 22 开滦能源化工股份有限公司 2020 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准 确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人刘宝珠、主管会计工作负责人谢向阳及会计机构负责人（会计主管人 员）林燕保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 | --- | --- | - ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥9,035,074,252.49, a decrease of 16.88% compared to ¥10,869,918,076.75 in the same period last year[14]. - The net profit attributable to shareholders of the listed company was ¥555,991,887.59, down 23.05% from ¥722,565,418.66 in the previous year[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥554,458,273.21, a decrease of 23.08% compared to ¥720,809,822.68 in the same period last year[14]. - The net cash flow from operating activities was ¥573,880,017.97, down 48.22% from ¥1,108,315,258.12 in the previous year[14]. - Basic earnings per share decreased by 23.91% to ¥0.35 compared to the same period last year[17]. - The total profit amounted to CNY 81,632.97 million, down 22.35% year-on-year[33]. - The company reported a total profit of RMB 816,329,657.83, a decrease of 22.4% compared to RMB 1,051,248,659.99 in the first half of 2019[157]. - The total comprehensive income for the first half of 2020 was RMB 596,068,829.07, a decrease of 30.4% from RMB 856,677,551.87 in the previous year[159]. Assets and Liabilities - The net assets attributable to shareholders of the listed company increased by 2.35% to ¥11,590,047,483.50 compared to the end of the previous year[17]. - Total assets rose by 1.29% to ¥24,797,544,550.68 compared to the end of the previous year[17]. - Cash and cash equivalents at the end of the period amounted to ¥5,475,743,737.76, representing 22.08% of total assets, a decrease of 3.38% compared to the previous year[36]. - Accounts receivable increased by 21.96% year-on-year, reaching ¥2,082,393,720.60, which is 8.40% of total assets[36]. - Inventory decreased by 13.03% year-on-year, totaling ¥942,249,737.07, accounting for 3.80% of total assets[36]. - Short-term borrowings rose by 10.87% to ¥2,227,410,490.00, representing 8.98% of total assets[36]. - Total liabilities decreased slightly from CNY 11,004,035,125.71 to CNY 10,999,881,539.21, a reduction of approximately 0.01%[149]. Research and Development - The company increased its R&D expenses by 100.32% to CNY 65,355.20 million, indicating a focus on innovation[34]. - Research and development expenses increased to RMB 65,355,198.57, up 100.4% from RMB 32,625,990.11 in the same period last year[155]. Environmental Compliance - The company complies with environmental regulations, with all major pollutants meeting the required discharge standards during the reporting period[61]. - The actual emissions of major pollutants from Qian'an Zhonghua Company during the first half of 2020 were below the set limits, indicating compliance with environmental standards[61]. - The company has established a comprehensive waste management system to handle hazardous waste generated during production[61]. - The company is committed to meeting environmental standards and improving pollution control measures in future operations[67]. - The company has established online monitoring systems for waste gas and wastewater, ensuring real-time compliance with environmental regulations[100]. Governance and Compliance - The company has not proposed any profit distribution plan or capital reserve transfer to share capital during the reporting period[4]. - The report is unaudited, ensuring that the financial report's authenticity, accuracy, and completeness are guaranteed by the responsible parties[4]. - The company has not violated decision-making procedures for providing guarantees externally[4]. - The company has retained Lianda Accounting Firm for the 2020 annual financial audit, ensuring continuity in auditing services[52]. - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal environment[55]. Shareholder Information - The largest shareholder, Kailuan Group, holds 732,262,656 shares, representing 46.12% of total shares[127]. - China Cinda Asset Management holds 353,159,851 shares, accounting for 22.24% of total shares[127]. - The company’s controlling shareholder has committed to not reducing their shareholding for six months after increasing their stake in February 2020[52]. Financial Ratios - Current ratio increased to 1.35 from 1.28, a rise of 5.47%[146]. - Quick ratio improved to 1.24 from 1.15, an increase of 7.83%[146]. - Debt-to-asset ratio decreased to 44.36% from 44.95%, a reduction of 0.59 percentage points[146]. - EBITDA interest coverage ratio at 8.23, down 4.63% from 8.63[146]. Cash Flow Management - Cash flow from operating activities generated RMB 573.88 million, a significant decrease of 48.3% compared to RMB 1.11 billion in the first half of 2019[165]. - Cash inflow from investment activities totaled RMB 568,763,800.00, down significantly from RMB 1,165,130,000.00 in the same period last year[167]. - The net cash flow from investing activities was negative at RMB -149,395,366.63, an improvement from RMB -294,606,784.08 in the first half of 2019[167]. Capital Structure - The total equity attributable to shareholders increased from CNY 11,323,696,088.17 to CNY 11,590,047,483.50, a rise of approximately 2.4%[149]. - The total capital stock remains unchanged at CNY 1,587,799,851.00, indicating stability in equity financing[176]. - The company has not made any changes to preferred shares or perpetual bonds during this reporting period[176].

开滦能源化工股份有限公司 2020 年第一季度报告 公司代码：600997 公司简称：开滦股份 开滦能源化工股份有限公司 600997 2020 年第一季度报告 二〇二〇年四月 1 / 20 (@)开滦能源化工股份有限公司 2020 年第一季度报告 一、 重要提示 1 Í 公司基本情况 重要事项 11 四、 附录 目 录 2 / 20 开滦能源化工股份有限公司 2020 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准 确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人苏科舜、主管会计工作负责人谢向阳及会计机构负责人（会计主管人 员）林燕保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 | --- | --- | --- | --- | --- | |--------------------------------------------------|-------------------|------ ...

Financial Performance - The company achieved a net profit attributable to shareholders of 1,149,638,717.63 yuan in 2019, a decrease of 15.67% compared to 2018[16]. - Total operating revenue for 2019 was 20,071,971,845.94 yuan, down 1.90% from 20,460,011,690.10 yuan in 2018[16]. - The net profit after deducting non-recurring gains and losses was 1,143,383,799.88 yuan, reflecting a decline of 16.62% year-on-year[16]. - The net profit attributable to shareholders for Q4 2019 was ¥138,264,308.13, down from ¥288,808,990.84 in Q3 2019, reflecting a declining trend throughout the year[19]. - The basic earnings per share for 2019 was ¥0.72, a decrease of 16.28% from ¥0.86 in 2018[19]. - The total profit for the year was CNY 162,261.91 million, down 20.46% year-on-year, while net profit attributable to shareholders was CNY 114,963.87 million, a decline of 15.67%[33]. - The company's main business revenue decreased by CNY 402.39 million year-on-year, primarily due to a price drop in coking products, which reduced revenue by CNY 793.15 million[37]. Dividend Distribution - The company plans to distribute a cash dividend of 2.20 yuan per 10 shares, totaling 349,315,967.22 yuan[5]. - The company distributed a cash dividend of 2.60 RMB per 10 shares for the 2018 fiscal year, totaling 412,827,961.26 RMB, which represents 30.28% of the net profit attributable to ordinary shareholders[92]. - For the 2019 fiscal year, the proposed cash dividend is 2.20 RMB per 10 shares, amounting to 349,315,967.22 RMB, which is 30.38% of the net profit attributable to ordinary shareholders[92]. - The cash dividend distribution for 2019 is pending approval from the shareholders' meeting[92]. Operational Efficiency - The net cash flow from operating activities for 2019 was ¥2,609,464,560.75, a decrease of 21.40% compared to ¥3,319,729,809.19 in 2018[19]. - The company reported a significant increase in financing activities cash flow, which decreased by 589.32% to CNY -1,463,791,300.49, mainly due to increased cash dividends and repayment of maturing bonds[37]. - The company aims to enhance production management and control, focusing on optimizing production connections and reducing operational costs through e-commerce procurement platforms[85]. Production and Capacity - The company produced 660,000 tons of coke and 200,000 tons of methanol in 2019, with a total coal production capacity of 8.1 million tons per year[26]. - The company produced 671.32 million tons of raw coal, a decrease of 6.57%, while the production of premium coal increased by 4.39% to 304.21 million tons[34]. - The company has a production capacity of 6.6 million tons/year for coke, 200,000 tons/year for methanol, 150,000 tons/year for adipic acid, and 40,000 tons/year for polyformaldehyde[59]. - The company’s coal chemical industry has achieved a capacity utilization rate of 100% for its coking and supporting projects, with a 90.3% utilization rate for methanol production[64]. Environmental Management - The company achieved actual wastewater discharge levels significantly below the regulatory standards for key pollutants, including Chemical Oxygen Demand (COD) at 13.17 mg/L versus a limit of 80 mg/L, and ammonia nitrogen at 1.73 mg/L versus a limit of 10 mg/L[117]. - The company has established a wastewater treatment system that meets the discharge standards before being discharged into the port area[125]. - The company has made significant investments in environmental protection projects, enhancing the overall level of pollution control and improving surrounding environmental quality[150]. - The company’s environmental investment in 2019 totaled CNY 704.99 million, accounting for 3.51% of its operating revenue[165]. Research and Development - Research and development expenses increased by 177.54% to CNY 80,492,852.49, reflecting the company's commitment to enhancing R&D investment[37]. - The company is investing 200 million RMB in research and development for sustainable energy solutions over the next two years[186]. - The company is focusing on advanced research projects in modern chemicals and new materials, with several patents and standards being developed[47]. Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 64,398[168]. - The largest shareholder, Kailuan (Group) Co., Ltd., held 700,506,665 shares, representing 44.12% of the total shares[168]. - China Cinda Asset Management Co., Ltd. held 353,159,851 shares, accounting for 22.24% of the total shares[168]. Social Responsibility - The company has actively participated in poverty alleviation efforts since February 2016, targeting a specific village in Hebei Province[109]. - A total of 21 registered impoverished individuals were lifted out of poverty in 2019, with 9 households achieving poverty alleviation during the year[111]. - The company allocated a special donation of 470,000 RMB for the establishment of a farming machinery service station in Naohaiying Village, which has improved local agricultural efficiency[110]. Risk Management - The company faces risks related to macroeconomic fluctuations, which could impact its development strategy and operational goals[88]. - Safety production risks include natural disasters and hazardous conditions specific to the coal and chemical industries, necessitating a robust safety management framework[88]. - The report includes a forward-looking statement risk declaration, indicating uncertainties in future plans[5].

Financial Performance - Net profit attributable to shareholders of the listed company rose by 2.04% to CNY 991,108,797.80 for the period from January to September[15] - Operating income for the first nine months was CNY 15,449,975,699.96, reflecting a 1.80% increase year-on-year[15] - Basic earnings per share increased by 3.23% to CNY 0.62[15] - The company achieved operating revenue of CNY 1,572,799.51 million and a net profit attributable to shareholders of CNY 101,137.44 million during the reporting period[21] - Total operating revenue for Q3 2019 was approximately ¥4.86 billion, a decrease of 10.5% compared to ¥5.43 billion in Q3 2018[46] - Net profit for Q3 2019 reached ¥335.05 million, a decline of 30.8% from ¥484.39 million in Q3 2018[48] - The total profit for Q3 2019 was approximately ¥437.58 million, down 28.4% from ¥611.44 million in Q3 2018[48] - The company reported a total investment income of CNY 9,536,121.17 in Q3 2019, down from CNY 14,806,160.97 in Q3 2018, reflecting a decrease of approximately 35.5%[52] Assets and Liabilities - Total assets increased by 4.64% to CNY 24,834,633,880.03 compared to the end of the previous year[15] - The company's total assets reached CNY 25,987,928,702.87, compared to CNY 24,834,633,880.03 at the end of 2018, indicating growth in total assets[37] - The company's total liabilities increased significantly, with current liabilities due within one year rising by CNY 1,512,264,624.45, or 78%[26] - The company's total liabilities amounted to CNY 12,583,327,265.97, an increase from CNY 12,284,594,086.22 at the end of 2018[37] - The company’s total liabilities as of the end of Q3 2019 were CNY 8,175,626,383.09, compared to CNY 8,745,735,288.53 at the end of Q3 2018, a decrease of about 6.5%[58] Cash Flow - Net cash flow from operating activities decreased by 30.72% to CNY 2,426,638,281.23 compared to the same period last year[15] - The company’s cash outflow from operating activities decreased by CNY 422,106,546.46, while cash inflow from sales decreased by CNY 975,425,643.17[29] - Cash inflow from investment activities totaled CNY 1,735,971,300.00, an increase of 15% compared to CNY 1,509,395,000.00 in the previous year[63] - Cash outflow from investment activities was CNY 1,962,817,358.03, an increase from CNY 1,809,446,543.94 in the same period last year[63] - The ending balance of cash and cash equivalents was CNY 3,768,932,174.63, compared to CNY 2,523,748,293.95 at the end of the same period last year[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 62,954[18] - The largest shareholder, Kailuan (Group) Co., Ltd., held 44.12% of the shares[18] Research and Development - The company reported a significant increase in R&D expenses, which rose by CNY 43,102,010.79, or 250.41% year-on-year[26] - Research and development expenses increased significantly to CNY 23,692,464.11 in Q3 2019 from CNY 8,049,794.35 in Q3 2018, marking an increase of approximately 194.5%[52] Other Income and Expenses - The company received government subsidies amounting to CNY 2,847,175.33 during the reporting period[15] - Non-operating income and expenses totaled CNY -3,385,987.35 for the year-to-date[15] - The company’s other comprehensive income after tax increased by CNY 32,138,533.43, or 262.35% year-on-year[26] - Other income for Q3 2019 was ¥764,121.26, compared to ¥140,239.57 in Q3 2018, indicating a significant increase[48]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥10,869,918,076.75, representing an increase of 8.51% compared to ¥10,017,459,827.12 in the same period last year[16]. - The net profit attributable to shareholders of the listed company reached ¥722,565,418.66, marking a 24.09% increase from ¥582,276,654.06 in the previous year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥720,809,822.68, up 24.01% from ¥581,264,946.85 year-on-year[16]. - The total profit amounted to CNY 105,124.87 million, reflecting a year-on-year growth of 20.64%[31]. - The net profit attributable to shareholders of the parent company rose by 24.09% to CNY 72,256.54 million compared to the same period last year[31]. - Basic earnings per share increased by 24.32% to CNY 0.46 compared to the same period last year[19]. - The company reported a significant increase in cash and cash equivalents, indicating strong liquidity management[200]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥1,108,315,258.12, which decreased by 20.80% compared to ¥1,399,469,533.29 in the same period last year[16]. - The company's cash and cash equivalents at the end of the period were 4.6032 billion yuan, down 10.65% from the previous period[39]. - The ending cash and cash equivalents balance was CNY 4,528,227,370.28, up from CNY 2,694,866,051.32 at the end of the first half of 2018[158]. - The company maintains a robust inventory of cash, ensuring it can meet immediate payment obligations[200]. - The company's liquidity position is a key factor in its ability to pursue new projects and market expansions[200]. Operational Efficiency - The company has a coal production capacity of 8.1 million tons per year and a coke production capacity of 7.2 million tons per year[25]. - The company produced 3.8746 million tons of raw coal, a decrease of 4.74% compared to the same period last year, while producing 1.4835 million tons of washed coal, an increase of 1.57%[33]. - In the coal chemical business, the company produced 3.7493 million tons of coke, an increase of 8.07%, and sold 3.7865 million tons, an increase of 9.61%[34]. - The company is focusing on optimizing its industrial structure and enhancing production efficiency through integrated operations and cost control measures[34]. Research and Development - Research and development expenses surged by 268.74% to 32.626 million yuan, reflecting an increase in ongoing R&D projects[39]. - Research and development expenses increased significantly to CNY 30,163,391.97, up 257.5% from CNY 8,419,426.71 in the previous year[154]. Environmental Compliance - The company strictly adheres to national and local environmental protection laws and regulations during its operations[66]. - The actual discharge of wastewater pollutants was significantly below the standards, with chemical oxygen demand at 17.42 mg/L against a standard of 80 mg/L[66]. - The company has implemented a comprehensive wastewater treatment system that allows for the recycling of treated water back into production[66]. - The company’s environmental compliance efforts are reflected in its ability to meet all pollutant discharge standards across various operations[70]. Financial Position - The total assets of the subsidiary Tangshan Zhongrun Coal Chemical Co., Ltd. reached ¥443.16 million[46]. - The company’s total assets amounted to RMB 24,567,809,861.29, a decrease of 1.1% from RMB 24,834,633,880.03[139]. - The total liabilities decreased to RMB 11,525,865,654.38, down 6.2% from RMB 12,284,594,086.22[139]. - The total owner's equity at the end of the reporting period is 11,618,181,990.60, an increase from the previous period's 11,090,634,457.51[166]. Shareholder Information - The company has 65,351 common stock shareholders as of the end of the reporting period[116]. - The largest shareholder, Kailuan Group Co., Ltd., holds 700,506,665 shares, representing 44.12% of the total shares[116]. - The company did not distribute profits or increase capital reserves in the first half of 2019[57]. Risk Management - The company faces risks related to macroeconomic fluctuations, which could impact its strategic development and operational goals[51]. - The company emphasizes safety production, aiming to mitigate risks associated with natural disasters and hazardous materials in the coal and chemical industries[51]. Investment and Growth Strategy - The company plans to continue extending its coal chemical industry chain to enhance resource utilization efficiency and product value[28]. - The company plans to enhance energy conservation and environmental protection measures in response to stricter national regulations during the 13th Five-Year Plan period[53]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[162].