独立董事候选人声明与承诺 本人袁国强,已充分了解并同意由提名人中国神华能源 股份有限公司董事会提名为中国神华能源股份有限公司第 六届董事会独立董事候选人。本人公开声明,本人具备独立 董事任职资格,保证不存在任何影响本人担任中国神华能源 股份有限公司独立董事独立性的关系,具体声明并承诺如 下： 一、本人具备上市公司运作的基本知识,熟悉相关法律、 行政法规、部门规章及其他规范性文件,具有5年以上法律、 经济、会计、财务、管理或者其他履行独立董事职责所必需 的工作经验,已经参加培训并取得证券交易所认可的相关培 训证明材料。 二、本人任职资格符合下列法律、行政法规和部门规章 以及公司规章的要求: (一)《中华人民共和国公司法》关于董事任职资格的 规定; (二)《中华人民共和国公务员法》关于公务员兼任职 务的规定; (三)中国证监会《上市公司独立董事管理办法》、上 海证券交易所自律监管规则以及公司章程有关独立董事任 职资格和条件的相关规定; (四)中共中央纪委、中共中央组织部《关于规范中管 干部辞去公职或者退(离)休后担任上市公司、基金管理公 司独立董事、独立监事的通知》的规定; (五)中共中央组织部《关于进一步规范党 ...

证券代码：601088 证券简称：中国神华 公告编号：临 2024-036 中国神华能源股份有限公司 关于第五届董事会第三十一次会议决议的公告 中国神华能源股份有限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。 中国神华能源股份有限公司（"本公司"或"公司"）第五届董事会第三十 一次会议于 2024 年 8 月 15 日以电子邮件或无纸化办公系统方式向全体董事和监 事发送了会议通知，于 8 月 20 日发送了议程、议案等会议材料，并于 2024 年 8 月30日在北京市东城区安定门西滨河路22号神华大厦以现场结合通讯方式召开。 会议应出席董事 8 人，亲自出席董事 6 人，委托出席董事 2 人。贾晋中、袁国强、 陈汉文 3 名董事以视频接入方式参会。执行董事许明军、独立非执行董事白重恩 因公请假，分别委托董事长吕志韧、独立非执行董事陈汉文代为出席会议并投票。 董事长吕志韧召集并主持会议。董事会秘书宋静刚参加会议，监事和高级管理人 员列席会议。会议的召开符合《中华人民共和国公司法》及相关法律法规、上市 地上市规则和《中国神华能源 ...

Financial Performance - China Shenhua reported a revenue of RMB 150 billion for the first half of 2024, representing a year-on-year increase of 12%[6]. - The company's net profit for the same period reached RMB 45 billion, up 15% compared to the previous year[6]. - The company's operating revenue for the first half of 2024 was 168,078 million, a decrease of 0.8% compared to 169,442 million in the same period of 2023[11]. - Total profit for the first half of 2024 was 42,623 million, down 11.7% from 48,269 million in the first half of 2023[11]. - Net profit attributable to shareholders for the first half of 2024 was 29,504 million, a decline of 11.3% from 33,279 million in the same period of 2023[11]. - The net cash flow from operating activities increased by 13.6% to 52,668 million in the first half of 2024, compared to 46,349 million in the first half of 2023[11]. - The total profit for the first half of 2024 was 26,039 million RMB, representing an 18.1% decrease from 31,793 million RMB in the same period of 2023[57]. - The gross profit margin declined to 28.3%, down 3.5 percentage points from 31.8% in the previous year[57]. - The company's net profit for the first half of 2024 was RMB 34,621 million, down 10.7% from RMB 38,688 million in the first half of 2023[198]. Production and Sales - Total coal production increased by 8% to 200 million tons in the first half of 2024[6]. - The company's coal production volume in the first half of 2024 was 163.2 million tons, an increase of 1.6% from 160.7 million tons in the same period of 2023[34]. - The company achieved a coal sales volume of 229.7 million tons in the first half of 2024, which is a 5.4% increase from 217.9 million tons in the same period of 2023[34]. - The company's coal sales volume increased by 5.4% year-on-year, while non-coal transportation volume grew by 22%[15]. - The average selling price of coal in the first half of 2024 was 566 RMB/ton, a decrease of 5.8% from 601 RMB/ton in the same period of 2023[48]. - The sales volume of externally purchased coal was 66.9 million tons, representing a year-on-year increase of 14.2% from 58.6 million tons in the first half of 2023[48]. - The total coal sales volume for the first half of 2024 included 225.5 million tons for domestic sales, accounting for 98.2% of total sales, with an average price of 565 RMB/ton[52]. Debt and Financial Position - China Shenhua's debt-to-asset ratio stands at 55%, indicating a stable financial position[5]. - The total liabilities increased by 32.0% to 200,388 million as of June 30, 2024, compared to 151,761 million at the end of 2023[11]. - The total assets as of June 30, 2024, were 672,758 million, reflecting a 6.8% increase from 630,131 million at the end of 2023[11]. - The company's cash and cash equivalents amounted to 186,939 million RMB, representing 27.8% of total assets, an increase of 24.6% from 149,986 million RMB at the end of 2023[41]. Research and Development - The company has allocated RMB 5 billion for research and development in new technologies for cleaner coal utilization[6]. - Research and development expenses rose by 36.2% year-on-year to 979 million RMB in the first half of 2024, up from 719 million RMB in the first half of 2023[32]. - A total of 302 patents were authorized in the first half of 2024, including 147 invention patents[17]. - The total R&D investment for the first half of 2024 was 1,336 million RMB, a 44.4% increase compared to 925 million RMB in the same period of 2023[39]. Environmental Initiatives - The company is actively pursuing green and low-carbon development initiatives, including the construction of green intelligent mines and low-carbon transformation projects[18]. - The company has implemented measures to reduce carbon emissions, including the application of carbon reduction technologies and the promotion of clean energy alternatives[136]. - In the first half of 2024, the company invested approximately 1.1 billion CNY in environmental protection, with 70 million CNY allocated for ecological construction[135]. - The company achieved a pollution control facility operation rate of 100% across multiple plants[124]. Strategic Initiatives - China Shenhua is exploring potential mergers and acquisitions to enhance its market presence in Southeast Asia[6]. - The company is focusing on enhancing its integrated operations and optimizing its coal and electricity industry layout to improve efficiency[109]. - The company is committed to advancing green and low-carbon transformation initiatives, including clean and efficient coal utilization[109]. - The company is in the process of acquiring 100% equity of Inner Mongolia Dayan Mining Group and 100% equity of Hanjin Energy, with ongoing work as of the report date[139]. Governance and Compliance - The company has established a comprehensive risk management system to address safety, market competition, and compliance risks[107]. - The company has complied with the corporate governance code and the majority of best practice recommendations during the reporting period[110]. - The board of directors consists of 8 members, including 2 executive directors, 2 non-executive directors, 3 independent non-executive directors, and 1 employee director, with 1 female director[111]. - The company has established a board diversity policy, considering various factors such as gender, age, and professional experience in selecting board members[111].

证券代码：601088 证券简称：中国神华 公告编号：临2024-037 中国神华能源股份有限公司 第五届监事会第二十次会议决议公告 中国神华能源股份有限公司监事会及全体监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。 中国神华能源股份有限公司（"本公司"）第五届监事会第二十次会议于2024年8 月20日以电子邮件及无纸化办公系统方式向全体监事发送了会议通知、议程、议案等 会议材料，并于2024年8月30日以书面方式召开。会议应出席监事3人，亲自出席监事3 人。公司全体3名监事审议了本次监事会议案，并以书面形式发表了表决意见。会议的 召开符合《中华人民共和国公司法》及相关法律法规、上市地上市规则和《中国神华能 源股份有限公司公司章程》的规定。 经充分讨论及审议，会议通过以下议案： （一）《关于〈中国神华能源股份有限公司2024年半年度财务报告〉的议案》 中国神华能源股份有限公司监事会 监事会认为：《中国神华能源股份有限公司2024年半年度财务报告》符合会计准则 的要求，报告的内容真实、准确、完整地反映了公司的经营成果。 表决情况：有权表决票3票， ...

中国神华能源股份有限公司 关于国家能源集团财务有限公司 的风险持续评估报告 国家能源集团财务有限公司（以下简称财务公司）由中国神 华能源股份有限公司（以下简称本公司）控股股东国家能源投资 集团有限责任公司（以下简称国家能源集团）持有60%股权，为 本公司的关联方。2023年4月28日，本公司与财务公司签署2024 年至2026年《金融服务协议》，该协议经2022年股东周年大会批 准后生效，有效期自2024年1月1日至2026年12月31日止。根据《金 融服务协议》，财务公司向本公司及其控股子公司（以下简称本 集团）提供综合授信（无需本集团提供任何抵押或担保）及多项 金融服务，本集团可以在财务公司存款。 本公司通过查验财务公司的《金融许可证》和《营业执照》 等资料，并审阅财务公司的财务报告及风险指标等信息，对其经 营资质、业务和风险状况进行了评估，现将风险评估情况报告如 下： 一、财务公司基本情况 国 家 能 源 集 团 财 务 有 限 公 司 ， 统 一 社 会 信 用 代 码 为 91110000710927476R，金融许可证机构编码为L0022H211000001。 财务公司法定代表人为杨富锁，注册地址 ...

证券代码：601088 证券简称：中国神华 公告编号：临 2024-035 中国神华能源股份有限公司 关于举办 2024 年半年度业绩说明会的公告 中国神华能源股份有限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。 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 8 月 30 日（星期五）至 9 月 5 日（星期四）16:00 前登录 上证路演中心网站首页点击"提问预征集"栏目提问，或于 2024 年 9 月 4 日 （星期三）17:00 以前将需要了解的情况和关注问题通过邮件发送给本公司（邮 箱：ir@shenhua.cc），本公司将在业绩说明会上就投资者普遍关注的问题进行 解答。 二、业绩说明会召开的时间、地点 1. 会议召开时间：2024 年 9 月 6 日（星期五）16:00-17:00 2. 会议召开地点：上海证券交易所上证路演中心 重要内容提示： （网址：http://roadshow.sseinfo.com） 中国神华能源股份有限公司（"本公司"）2024 年半年度报告将于 2024 年 8 月 3 ...

Financial Data and Key Metrics Changes - The company's market capitalization is approximately 700 billion, with a year-to-date return of around 30% [2][8] - The company's net profit in 2022 reached its highest level in nearly a decade, but there is a slight decline expected in 2023 due to falling coal prices [7][8] - The asset-liability ratio is reported to be around 20%, significantly lower than the industry average of over 50% [12][33] Business Line Data and Key Metrics Changes - The main revenue contributors are coal, electricity, and rail transport, with coal being the largest segment [10][27] - The company maintains a high proportion of long-term contracts for coal sales, approximately 80%, which stabilizes revenue [26][27] - The average cost of coal production is around 170, which is among the lowest in the industry [27] Market Data and Key Metrics Changes - The annual long-term contract prices for coal have shifted from a range of 500-570 to 570-770 since 2020, reflecting market changes [21][22] - The company’s coal production capacity is the largest among listed companies, with a production volume of 324 million tons [14][15] Company Strategy and Development Direction - The company is focused on integrated operations across coal, electricity, chemicals, railways, ports, and shipping, aiming for comprehensive energy solutions [6][10] - Future growth is anticipated through asset injections from the parent company and new coal mine developments, which could increase production capacity by 15% [16][19] Management's Comments on Operating Environment and Future Outlook - Management expects a slight recovery in coal prices in 2024 due to reduced supply and increased demand [51] - The company is committed to maintaining a high dividend payout ratio, with a historical average of over 60% [31][39] Other Important Information - The company has a strong cash position, which supports its ability to pay dividends [13][33] - The company has a history of special dividends, with a payout ratio reaching 150% in previous years [32] Q&A Session Summary Question: What is the future capital gain potential for China Shenhua? - The company’s capital gain potential is significant, with a current dividend yield of 5.62%, which could provide a capital gain space of around 30% if the yield drops to 4.35% [39][40] Question: How does the company plan to maintain its high dividend payout? - The company plans to maintain its high dividend payout through stable cash flows and low debt levels, ensuring financial flexibility for future distributions [12][31] Question: What are the expected impacts of new coal mine developments? - New coal mine developments are expected to contribute significantly to production capacity and overall profitability, enhancing the company's growth prospects [19][48]

Summary of Conference Call Company and Industry - The conference call focuses on China Shenhua Energy, a leading player in the energy extraction industry in China [1] Core Points and Arguments - The speaker, Zhang Xucheng, is the Chief of Energy Extraction at Kaiyuan Securities and introduces the first session of the media selection series [1] - A new in-depth report on China Shenhua has been released, titled "Media Model: Multi-Dimensional Analysis of Stock Rate and Gross Profit Space" [1] Other Important Content - The report aims to provide a comprehensive analysis of the company's performance and market position [1]

煤炭/煤炭开采 公 司 研 究 中国神华（601088.SH） 2024 年 08 月 15 日 深度系列二：煤企典范，多角度分析股息率锚与空间 ——公司深度报告 投资评级：买入（维持） | --- | --- | |--------------------|-------------| | 日期 | 2024/8/13 | | 当前股价(元) | 39.08 | | 一年最高最低(元) | 46.02/27.00 | | 总市值(亿元) | 7,764.62 | | 流通市值(亿元) | 6,444.70 | | 总股本(亿股) | 198.69 | | 流通股本(亿股) | 164.91 | | 近 3 个月换手率(%) | 8.94 | 股价走势图 中国神华 沪深300 -40% -20% 0% 20% 40% 60% 80% 2023-08 2023-12 2024-04 数据来源：聚源 相关研究报告 《高长协致 Q1 业绩韧性强，稳定高分 红彰显投资价值—公司 2024年一季报 点评报告》-2024.4.27 《煤与电量增业绩稳健，稳定高分红 彰显投资价值—公司信息更新报告》 -2024.3.24 ...

中国神华能源股份有限公司（"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。 1 | 运营指标 | 单位 | 2024 | 年 | 2023 | 年 | 同比变化(%) | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 7 月 | 累计 | 7 月 | 累计 | 7 月 | 累计 | | （一）煤炭 | | | | | | | | | 1. 商品煤产量 | 百万吨 | 26.8 | 190.0 | 26.8 | 187.5 | 0.0 | 1.3 | | 2. 煤炭销售量 | 百万吨 | 40.0 | 269.7 | 38.0 | 255.9 | 5.3 | 5.4 | | （二）运输 | | | | | | | | | 1. 自有铁路运输周转量 | 十亿吨公里 | 24.3 | 185.7 | 26.2 | 176.6 | (7.3) | 5.2 | | 2. 黄骅港装船量 | 百万吨 | 16.7 | 126.7 | 19.2 | 119.8 | ( ...