Financial Performance - The company achieved a net profit attributable to shareholders of RMB 28,792,629.51, with an undistributed profit balance of RMB 1,325,526,487.87 at year-end[5]. - A cash dividend of RMB 0.10 per share (including tax) is proposed, totaling RMB 162,978,947.30, which represents 566.04% of the annual net profit attributable to shareholders[5]. - The company reported a strong performance in the last fiscal year, with total revenue reaching 1.2 billion RMB, representing a year-over-year increase of 15%[19]. - The net profit attributable to shareholders for 2019 was approximately ¥28.79 million, down 91.15% from the previous year[28]. - The net profit after deducting non-recurring gains and losses was approximately ¥21.00 million, a decrease of 93.12% year-on-year[28]. - Basic earnings per share for 2019 were ¥0.02, reflecting a 90.00% decrease compared to 2018[31]. - The weighted average return on equity for 2019 was 0.51%, down 5.35 percentage points from the previous year[31]. - The company's operating revenue for 2019 was approximately ¥9.39 billion, a decrease of 10.36% compared to 2018[28]. Risk Management - The report includes a detailed description of significant risk factors that the company may face in the future[6]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[6]. - There are no violations of decision-making procedures regarding external guarantees[6]. - The company faces increasing pressure for energy conservation and emissions reduction due to national regulations and safety production incidents in the chemical industry[54]. - The production process involves significant safety risks, including potential gas leaks and explosions, which could adversely affect operations if not managed properly[198]. Strategic Initiatives - The company emphasizes the importance of sustainable development and shareholder returns in its profit distribution policy[5]. - The company plans to consider future cash flow and funding needs in its strategic decisions[5]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[19]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[19]. - The company aims to enhance its market competitiveness through technology innovation and has established an engineering technology innovation center to oversee R&D efforts[135]. Research and Development - The company is investing in R&D, allocating 8% of its revenue to develop sustainable energy solutions[19]. - The company collaborates with Northwest University to establish a coal coking engineering technology research center, focusing on extending the coal chemical industry chain and increasing product added value[136]. - The company has focused on developing new technologies for gas purification and recovery systems, enhancing operational efficiency and environmental sustainability[144]. - The company is actively engaged in research and development of integrated systems for sulfur removal and ammonia water treatment, indicating a commitment to innovation in the chemical processing sector[144]. Production and Operations - The company has a designed annual production capacity of 5.2 million tons of coke, 300,000 tons of methanol, 370,000 tons of synthetic ammonia, and 250,000 tons of LNG as of the end of 2019[55]. - The company operates a circular economy industrial chain, focusing on the co-production of coke, gas, and chemicals, maximizing methanol production through the utilization of by-products[43]. - The company has implemented a production plan based on previous year's performance and market analysis, ensuring efficient production scheduling[44]. - The company has completed a 4 million tons/year metallurgical coke project and a 250,000 tons/year LNG project to enhance production capacity and reduce costs[66]. Environmental Sustainability - The company aims to reduce carbon emissions by 20% over the next three years through innovative technologies[19]. - The focus on improving air quality and adhering to environmental standards is a key strategy for the company[121]. - The company is committed to achieving a utilization rate of 98% for coke oven gas and water recycling rate by 2020[120]. - The company has received the environmental management system certification, indicating compliance with GB/T24001-2004/ISO14001:2004 standards, but faces potential increased costs due to stricter environmental regulations in the future[197]. Market Dynamics - The competitive landscape of the coke industry is shifting towards product cost and added value, with a focus on circular economy development[53]. - The independent coking enterprises' profitability is heavily influenced by the downstream steel industry, which directly affects the demand for coke[186]. - The company’s revenue is significantly dependent on a few major clients, with sales to the top five clients accounting for over 50% of total revenue[195]. - The domestic coke market experienced significant price fluctuations, with an overall downward trend, resulting in a cumulative price drop of 200 RMB/ton in the third quarter[171]. Subsidiaries and Investments - The company established three wholly-owned subsidiaries in Inner Mongolia during the reporting period[56]. - The registered capital of Inner Mongolia Heimao Pingxu Energy Co., Ltd. is CNY 10 million, and it is currently in the preparatory phase[59]. - The company holds a 100% stake in Heimao Chemical and a 51% stake in Longmen Coal Chemical, indicating a strong control over its subsidiaries[183]. - The total assets of the main subsidiary, Inner Mongolia Heikang, amounted to 3,096,129,603.91 RMB, with a net asset value of 2,390,316,911.99 RMB[180].

2019 年第三季度报告 公司代码：601015 公司简称：陕西黑猫 陕西黑猫焦化股份有限公司 2019 年第三季度报告 1 / 27 2019 年第三季度报告 一、 重要提示 二、 公司基本情况. 11[ 重要事项 四、 附录 目录 2 / 27 2019 年第三季度报告 单位：元 币种：人民币 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 公司负责人李保平、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕保 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 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------|------------------------------|------------------------------------|-------------------- ...

公司代码：601015 公司简称：陕西黑猫 2019 年半年度报告 陕西黑猫焦化股份有限公司 2019 年半年度报告 1 / 185 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李保平、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划等前瞻性陈述客观上存在一定程度的不确定性，不构成公司对投 资者的实质承诺，请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述存在的重大风险因素，请查阅"第四节 经营情况讨论与分析 二、 其他披露事项 （二）可能面对的风险"中 ...

2019 年第一季度报告 公司代码：601015 公司简称：陕西黑猫 陕西黑猫焦化股份有限公司 2019 年第一季度报告 1 / 25 2019 年第一季度报告 í 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 25 2019 年第一季度报告 单位：元 币种：人民币 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 公司负责人李保平、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕保 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 2.1 主要财务数据 | --- | --- | --- | --- | |-------------------------------------------------|--------------- ...

Financial Performance - The net profit attributable to shareholders for 2018 was CNY 325,266,142.56, with the parent company achieving a net profit of CNY 280,390,655.36[7]. - The total undistributed profits amounted to CNY 1,374,513,867.56, indicating a strong retained earnings position[7]. - The proposed cash dividend for 2018 is CNY 0.50 per 10 shares, totaling CNY 62,684,210.5, which represents 19.27% of the net profit attributable to shareholders[8]. - The company's operating revenue for 2018 was approximately CNY 10.47 billion, an increase of 9.27% compared to CNY 9.58 billion in 2017[30]. - The net profit attributable to shareholders for 2018 was approximately CNY 325.27 million, representing a growth of 31.35% from CNY 247.63 million in 2017[30]. - The net cash flow from operating activities decreased by 31.14% to approximately CNY 471.16 million in 2018, down from CNY 684.24 million in 2017[30]. - The total assets of the company at the end of 2018 were approximately CNY 14.52 billion, a 3.56% increase from CNY 14.02 billion at the end of 2017[30]. - The net assets attributable to shareholders increased by 5.72% to approximately CNY 5.70 billion in 2018, compared to CNY 5.39 billion in 2017[30]. - The basic earnings per share for 2018 were CNY 0.26, a slight increase of 4% from CNY 0.25 in 2017[31]. - The weighted average return on net assets for 2018 was 5.86%, a decrease of 1.07 percentage points from 6.93% in 2017[31]. - The net profit after deducting non-recurring gains and losses was approximately CNY 305.36 million, up 24.93% from CNY 244.42 million in 2017[30]. Risk Management - The company acknowledges potential risks in its forward-looking statements, emphasizing the uncertainty surrounding future plans[9]. - The company has a comprehensive risk management framework in place, detailing significant risk factors in its operational analysis[10]. Corporate Governance - The company's financial report has been audited and received a standard unqualified opinion from the accounting firm[6]. - The board of directors and management have confirmed the accuracy and completeness of the financial report, ensuring accountability[4]. Market Strategy and Development - The company plans to continue expanding its market presence and invest in new technologies to enhance production efficiency[30]. - The company is focusing on the development of new products and technologies to meet market demands and improve competitiveness[30]. - The company operates in the coal chemical industry, focusing on the production and sales of coking products and chemical products, including coke, coal tar, and methanol[48]. - The company has established a circular economy industrial chain, utilizing washed coking coal to produce coke, with a focus on recovering by-products such as coal tar and crude benzene for methanol and ammonia production[49]. - The company plans to implement a 4 million tons/year coking technology upgrade project and a 480,000 tons/year urea project, enhancing its production capabilities in methanol and ammonia[49]. Environmental Commitment - The company is committed to reducing coal consumption by over 80 million tons by 2017 and aims for a reduction of 160 million tons by 2020, alongside significant decreases in emissions of dust, sulfur dioxide, and nitrogen oxides[8]. - The company is enhancing its environmental compliance by adhering to the new Environmental Protection Tax Law, which mandates payment for pollution emissions[17]. - The company is actively participating in the three-year action plan to combat air pollution, which prohibits new capacities in key industries such as steel and cement[18]. - The company has implemented a policy to strictly control new coal mine projects and ensure that any new projects are linked to the elimination of outdated capacity[14]. - The company has implemented a circular economy model, enhancing resource utilization and reducing waste emissions, achieving zero discharge of wastewater and waste residue[57]. Investment and Capital Expenditure - The company has invested 5.524 billion RMB in a project to produce 100,000 tons of caprolactam and 400,000 tons of LNG, indicating a significant capital commitment to expand its production capacity[53]. - The company’s registered capital for its subsidiary was reduced by approximately 2.34 billion RMB, reflecting strategic adjustments in its investment structure[53]. - The company is currently working on a coal yard greenhouse project with an investment of ¥86,877,236.35, which is focused on environmental protection[154]. Shareholder Commitments - The controlling shareholder, Huanghe Mining, committed to not transferring or entrusting the management of its shares for 36 months from the date of the company's stock listing[1]. - If the stock price falls below the issue price for 20 consecutive trading days within 6 months post-IPO, the lock-up period for shares will be extended by 6 months[1]. - The controlling shareholder must increase their shareholding by at least 3% of the total shares and invest no less than 80 million yuan if the stock price stabilization conditions are triggered[5]. - The company will propose a share buyback plan within 5 trading days if the stock price stabilization conditions are met, with a minimum buyback fund of 50 million yuan[5]. - The company’s board will consider various factors, including cash flow and market conditions, before initiating a share buyback[5]. Production and Sales - The company’s coke production in 2018 was 5.1162 million tons, accounting for 1.17% of the national total coke production of 43.82 million tons[109]. - The company’s methanol production in 2018 was 164,200 tons, showing a slight decrease from 173,200 tons in 2017[112]. - The company’s synthetic ammonia production in 2018 was 28,100 tons, with a small market share[113]. - The company utilizes coke oven gas to produce LNG, with a production capacity of 250,000 tons per year, and produced 114,700 tons in 2018[114]. - The company plans to produce 4.89 million tons of coke, 200,000 tons of coal tar, 50,000 tons of crude benzene, 210,000 tons of methanol, 160,000 tons of LNG, and 24,000 tons of BDO in 2019[170]. Challenges and Risks - The company faces risks from industry policy changes that could significantly impact its production and operations due to strict regulations in the coking industry[171]. - The company is highly dependent on the steel industry, which directly affects the demand for its main product, coke, and any downturn in the steel sector could negatively impact its profitability[172]. - The company is exposed to intensified market competition as industry consolidation leads to stronger competitors with better resources and technology[173]. - The company relies heavily on coking coal, which constitutes over 90% of its production costs, and fluctuations in coking coal prices could significantly affect its operational performance[175]. - The company has a high customer concentration risk, with over 50% of its revenue coming from its top five customers, primarily steel manufacturers[176]. - The company faces safety production risks due to the hazardous nature of its production processes, which could lead to accidents affecting operations[178].

1 / 22 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 8 | 2018 年第三季度报告 公司代码：601015 公司简称：陕西黑猫 陕西黑猫焦化股份有限公司 2018 年第三季度报告 2018 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 公司负责人李保平、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕保 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 2.1 主要财务数据 单位：元 币种：人民币 3 / 22 2018 年第三季度报告 | | | 调整后 | 调整前 | （%） | | | --- | --- | --- | --- | --- | --- | | 营业收入 | 7, ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2018, representing a 15% growth compared to the same period last year [22]. - The company's operating revenue for the first half of the year decreased by 10.88% compared to the same period last year, totaling approximately ¥4.54 billion [23]. - Net profit attributable to shareholders increased by 13.44% year-on-year, reaching approximately ¥105 million, driven by higher sales prices of main products [26]. - Basic earnings per share decreased by 20% to ¥0.08, primarily due to an increase in total share capital [27]. - The comprehensive gross profit margin for main business products improved to 10.91%, up from 8.03% in the same period last year [49]. - The company’s total current liabilities amounted to CNY 6,494,009,344.87, compared to CNY 6,285,936,918.60, indicating an increase of about 3.3% [159]. - The total equity attributable to shareholders was CNY 5,284,437,653.10, up from CNY 5,218,183,965.92, indicating a growth of 1.3% [164]. Operational Insights - User data indicates a steady increase in production capacity, with a focus on enhancing the efficiency of coking processes to meet rising market demand [22]. - The company is focusing on the development of methanol and ammonia products, with expected production increases of 30% in the next fiscal year [22]. - The introduction of a new line of high-quality coking coal is anticipated to boost profit margins by 5% [22]. - The company aims to reduce operational costs by 8% through improved supply chain management and efficiency measures [22]. - The company has implemented projects to enhance its circular economy model, including a 4 million tons/year coking technical transformation project and a 480,000 tons/year urea project [34]. - The company has established a comprehensive circular economy industrial chain, utilizing by-products and waste gases from upstream products as raw materials for downstream products, significantly reducing production costs and enhancing competitiveness [42]. Risk Factors - The company has detailed the major risk factors in the report, which investors should review [6]. - The company faces risks from macroeconomic fluctuations that could impact its coal chemical business, which is sensitive to economic conditions and government policies [69]. - The company is subject to industry policy risks, as changes in regulations could significantly affect its production and operations in the coke industry [70]. - Increased competition in the coke industry is expected due to industry consolidation and the need for cost and quality improvements in coke production [72]. - Customer concentration risk is present, with over 50% of sales coming from the top five customers, primarily steel manufacturers, which could affect revenue stability [75]. Corporate Governance - The company has confirmed that all board members attended the board meeting, ensuring governance compliance [7]. - The company held three shareholder meetings during the reporting period, all of which complied with legal and regulatory requirements [81]. - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board [195]. - The company has received assurances from its major shareholders regarding the non-reduction of shares acquired during the buyback period [104]. Environmental Compliance - The company has been audited by the same firm for nine consecutive years, indicating a stable relationship with its auditors [105]. - The company has established an emergency response plan for environmental incidents, which was first reviewed by experts on July 20, 2018 [130]. - The company has strengthened the operation management of existing environmental protection facilities to ensure compliance with pollutant discharge standards [126]. - The company has installed an electronic display screen at its main entrance to publicly disclose pollutant discharge information [132]. Investment and Expansion Plans - Investment in new technologies is underway, with a budget allocation of 200 million RMB aimed at improving the quality of coke and reducing environmental impact [22]. - The company plans to expand its market presence by entering new regions, targeting a 20% increase in market share by the end of 2019 [22]. - The company is investing CNY 5.524 billion in a project to produce 100,000 tons of caprolactam and 400,000 tons of LNG annually in Inner Mongolia [51]. Shareholder Commitments - The controlling shareholder, Huanghe Mining, committed to not transferring or entrusting the management of its shares for 36 months from the date of the company's stock listing [86]. - The company will face penalties if it fails to implement the stock repurchase plan as approved by the board and shareholders [92]. - The company has committed to avoiding any business activities that may compete with its core operations, ensuring no direct or indirect competition in China or abroad [100].

2017 年年度报告 公司代码：601015 公司简称：陕西黑猫 陕西黑猫焦化股份有限公司 2017 年年度报告 1 / 198 2017 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 致同会计师事务所（特殊普通合伙）为本公司出具了无保留意见的审计报告。 四、 公司负责人李保平、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 根据致同会计师事务所（特殊普通合伙）出具的审计报告，公司 2017 年度归属于上市公司 股东的净利润 247,628,116.98元。2017年度母公司实现的净利润为 219,487,968.88元，公司累计未 分配利润为 1,102,360,474.74元。 充分考虑公司的盈利情况、当前所处行业的特点以及未来的现金流状况、资金需求等因素， 兼顾公司可持续发展与股东回报的需求，公司2017年度 ...

Financial Performance - Net profit attributable to shareholders increased by 156.12% to CNY 76.21 million year-on-year[5] - Operating revenue rose by 1.91% to CNY 2.21 billion compared to the same period last year[5] - Basic earnings per share increased by 100% to CNY 0.06 compared to the same period last year[6] - The net profit attributable to shareholders of the listed company increased by 156.12% year-on-year, driven by the rise in prices of metallurgical coke and major chemical products[12] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 157.29% compared to the same period last year, also due to the price increase of metallurgical coke and major chemical products[12] - Net profit for Q1 2018 reached CNY 105,714,010.20, representing a significant increase of 185.5% compared to CNY 36,970,744.74 in the previous year[24] - The net profit for Q1 2018 was CNY 50,897,509.79, an increase of 53.3% compared to CNY 33,195,712.91 in the same period last year[28] Cash Flow - Net cash flow from operating activities decreased by 95.29% to CNY 8.68 million compared to the previous year[5] - Net cash flow from investing activities showed a significant decline, amounting to -CNY 1.15 billion, a decrease of 5,277.79% year-on-year[5] - Net cash flow from financing activities increased by 121.10% to CNY 28.56 million compared to the previous year[5] - The net cash flow from operating activities decreased by 95.29% compared to the same period last year, primarily due to increased cash purchases of goods and services[12] - The net cash flow from investing activities decreased by 5277.79% year-on-year, mainly due to increased purchases of bank wealth management products[12] - The net cash flow from financing activities increased by 121.10% compared to the previous year, attributed to an increase in cash received related to financing activities[12] - The net cash flow from operating activities was CNY 8,681,043.58, a significant decrease of 95.3% compared to CNY 184,449,512.51 in the previous year[31] - The net cash flow from financing activities was CNY 28,563,640.17, a recovery from a net outflow of CNY 135,358,252.50 in Q1 2017[32] Assets and Liabilities - Total assets increased by 3.85% to CNY 14.56 billion compared to the end of the previous year[5] - Total assets reached CNY 14,562,154,627.47, up from CNY 14,021,769,567.34 at the beginning of the year[16] - Total current assets as of March 31, 2018, amounted to CNY 6,980,473,551.91, an increase from CNY 6,547,394,046.16 at the beginning of the year[15] - Total liabilities increased to CNY 7,304,899,701.40 from CNY 6,871,101,352.24 at the beginning of the year[16] - Total liabilities rose to CNY 2,619,485,230.62, compared to CNY 2,333,394,138.98, indicating an increase of 12.3%[21] - The company's equity totaled CNY 5,269,576,992.69, an increase from CNY 5,218,183,965.92, showing a growth of 0.99%[21] - The total equity attributable to shareholders of the parent company was CNY 5,471,250,074.18, compared to CNY 5,394,438,895.54 at the beginning of the year[17] Inventory and Expenses - The company reported a significant increase in inventory, with a balance of CNY 1,207,543,534.99 at the end of the period, compared to CNY 596,170,335.18 at the beginning of the year[15] - Total operating costs decreased to CNY 2,105,328,575.90, down 1.23% from CNY 2,131,603,490.61 year-over-year[23] - Sales expenses for Q1 2018 were CNY 105,170,251.67, up from CNY 82,883,256.85, reflecting a 27.0% increase[24] - Tax expenses increased to CNY 7,844,117.91 from CNY 3,757,398.94, representing a rise of 108.5% year-over-year[24] Shareholder Information - The total number of shareholders reached 52,436 at the end of the reporting period[10] - The largest shareholder, Shaanxi Huanghe Mining Group, holds 43.52% of the shares, with 545,578,947 shares pledged[10] Investment Income - Investment income from associates and joint ventures was CNY 4,617,518.96, compared to CNY 2,897,283.17 in the previous year, marking a 59.5% increase[24]

2017 年第三季度报告 公司代码：601015 公司简称：陕西黑猫 陕西黑猫焦化股份有限公司 2017 年第三季度报告 1 / 22 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 10 | 2017 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。 2017 年第三季度报告 | 股东的净利润 | | | | | | --- | --- | --- | --- | --- | | 归属于上市公司 | 138,682,679.01 | 3,922,894.46 | | 3,435.21 | | 股东的扣除非经 常性损益的净利 | | | | | | 润 | | | | | | 加权平均净资产 | 5.98 | 2.81 | 增加 3.17 | 个百分点 | | 收益率（%） | | | | | | 基本每股收益 | ...