这样的局面一直延续到昨日下午收盘。据同花顺（300033）数据，昨日煤炭开采加工板块整体收涨 7.92%，成分股中恒源煤电（600971）、开滦股份（600997）、山西焦煤（000983）、大有能源 （600403）、兖矿能源、潞安环能（601699）、中煤能源、美锦能源、陕西黑猫、山煤国际 （600546）、晋控煤业、宝泰隆（601011）、山西焦化、云煤能源等股均斩获首板涨停，陕西煤业 （601225）、淮北矿业（600985）涨超8%，郑州煤电（600121）、昊华能源（601101）等股跟涨。 消息面上，近期，受寒潮影响，国内多地迎来大风雨雪天气，居民取暖拉动能源需求攀升。为确保冬季 能源供应平稳有序，助力百姓温暖过冬和经济平稳运行，各地纷纷加大能源保供力度，推动煤炭稳产稳 供、天然气增储上产、清洁能源应发尽发。 展望后市，机构普遍看好煤价趋稳反弹及节后行情，在春节假期临近背景下，终端补库需求与供应收缩 共同支撑市场，煤价有望实现稳中略涨。大同证券分析师景剑文认为，整体来看，动力煤市场供需偏紧 格局未改，叠加春节后旺季需求预期，煤价中长期具备向上空间。 煤炭ETF年初以来累计上涨超10% 昨日早盘煤 ...

Group 1 - The article highlights a significant reduction in coal production quotas by the Indonesian government, which aims to boost coal prices by decreasing export volumes by 40% to 70% for major miners by 2025 [5] - Additionally, the Indonesian government plans to impose an export surcharge, which may further weaken the profitability of the coal industry [5] Group 2 - The article lists several companies involved in coal mining, coal chemical, and coal-electricity integration, including China Shenhua, Zhengzhou Coal Electricity, and Yanzhou Coal Mining [8][9]

证券之星消息，2月3日煤炭开采板块较上一交易日下跌0.19%，昊华能源领跌。当日上证指数报收于 4067.74，上涨1.29%。深证成指报收于14127.1，上涨2.19%。煤炭开采板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 600397 | 江钨装备 | 10.95 | 6.93% | | 45.62万 | 4.86亿 | | 600348 | रक्त 10 18 | 9.18 | 3.49% | | 47.70万 | 4.33亿 | | 002128 | 电投能源 | 27.60 | 3.37% | | 24.56万 | 6.73亿 | | 600395 | 盘江股份 | 5.59 | 2.95% | - | 99.76万 | 5.52亿 | | 600985 | 淮北矿业 | 12.12 | 2.54% | | 22.66万 | 2.73亿 | | 000552 | 甘肃能化 | 2.40 | 1.69% | | 60.53万 | 1.45亿 | ...

证券研究报告 | 行业研究简报 gszqdatemark 2026 02 01 年 月 日 煤炭开采 2025 年蒙煤电子竞拍梳理 本周全球能源价格回顾。截至 2026 年 1 月 30 日，原油价格方面，布伦特原 油期货结算价为 70.69 美元/桶，较上周上涨 4.81 美元/桶（+7.3%）；WTI 原油期货结算价为 65.21 美元/桶，较上周上涨 4.14 美元/桶（+6.78%）。 天然气价格方面，东北亚 LNG 现货到岸价为 11.68 美元/百万英热，较上周 下降 0.13 美元/百万英热（-1.11%）；荷兰 TTF 天然气期货结算价 40.65 欧 元/兆瓦时，较上周上涨 1.28 欧元/兆瓦时（+3.24%）；美国 HH 天然气期 货结算价为 4.42 美元/百万英热，较上周下降 0.94 美元/百万英热（-17.5%）。 煤炭价格方面，欧洲 ARA 港口煤炭（6000K）到岸价 101.5 美元/吨，较上周 上涨 3 美元/吨（+3.05%）；纽卡斯尔港口煤炭（6000K）FOB 价 116.75 美 元/吨，较上周上涨 5.25 美元/吨（+4.71%）；IPE 南非理查兹湾煤炭期货 ...

Group 1: Report Overview - Report Type: Coke and Coking Coal Daily Review [1] - Date: January 29, 2026 [2] - Research Team: Black Metal Research Team, including researchers Zhai Hepan, Nie Jiayi, and Feng Zeren [3] Group 2: Market Performance - On January 28, the main contracts 2605 of coke and coking coal futures rebounded after a decline, recovering part of the previous day's losses. The closing price of J2605 was 1684 yuan/ton with a decline of 0.12%, and the trading volume was 13,284 lots. The closing price of JM2605 was 1134.5 yuan/ton with an increase of 0.44%, and the trading volume was 714,203 lots [5]. - The KDJ indicators of the daily line of coke 2605 contract continued to decline, but the J - value was significantly dull. The KDJ indicators of the daily line of coking coal 2605 contract showed a differentiated trend, with the J - value and K - value turning up and the D - value continuing to decline. The green columns of the MACD of the daily line of coke and coking coal 2605 contracts enlarged for the second consecutive trading day [8]. Group 3: Spot Market - On January 28, the flat - price index of quasi - first - class metallurgical coke at Rizhao Port, Qingdao Port, and Tianjin Port was 1470 yuan/ton, with no change. The summary price of low - sulfur main coking coal in Tangshan was 1455 yuan/ton, in Lvliang was 1483 yuan/ton, in Linfen was 1640 yuan/ton, in Handan was 1420 yuan/ton, in Heze was 1430 yuan/ton, and in Pingdingshan was 1660 yuan/ton, all with no change [8]. Group 4: Market Outlook - News: The regulatory policy tightening led to the decline of metal prices with poor fundamentals. The international energy prices rose due to the tense situation in the Middle East, and the coal - coke prices rebounded after reaching a low [10]. - Fundamentals: Independent coking enterprises have been in continuous losses for 5 weeks, and the loss amplitude has been expanding for 3 weeks. The coke production has decreased slightly for 2 consecutive weeks after increasing in the first 2 weeks of the year. The port coke inventory has increased for 5 consecutive weeks, and the steel mill coke inventory has increased for 5 consecutive weeks and reached a new high since early October last year, while the coking enterprise coke inventory has increased after decreasing for 4 consecutive weeks. The Mongolian coal customs clearance volume has rebounded since January 12, and the customs clearance volume at the Ganqimaodu Port has basically remained above 190,000 tons recently. The coking coal inventory of 230 independent coking plants has increased significantly for 5 consecutive weeks and reached a new high since the end of January last year, while the coking coal inventory of steel enterprises and ports has been relatively stable [10]. - Forecast: The news has a dual impact on the coal - coke futures prices, but the fundamentals change little, resulting in the relative stability of coal - coke futures. It is expected that the market may first decline and then rise. It is advisable to try the strategy of buying for hedging or investment at low prices after the callback stabilizes [11]. Group 5: Industry News - As of the end of 2025, the total assets of central enterprises exceeded 95 trillion yuan, with a total profit of 2.5 trillion yuan, fixed - asset investment of 5.1 trillion yuan, and tax payment of 2.5 trillion yuan in 2025. The investment in strategic emerging industries was 2.5 trillion yuan, accounting for 41.8% of the total investment [12]. - During the "14th Five - Year Plan" period, 940 million tons of crude steel production capacity, 470 million tons of cement clinker production capacity, 360 million tons of coking production capacity, and 170 million kilowatts of coal - fired power units have completed ultra - low emission transformation [12]. - The number and production capacity of open - pit coal mines in China will continue to increase, and their position in the energy supply system will become more important [12]. - By January 25, Wuhai Energy Company completed 1.2284 million tons of raw coal production and 1.0239 million tons of commercial coal sales, achieving a good start [13]. - Haohua Energy expects its net profit in 2025 to be between 419 million yuan and 569 million yuan, a year - on - year decrease of 45.08% - 59.55% [13]. - Baofeng Energy expects its net profit in 2025 to be between 11 billion yuan and 12 billion yuan, a year - on - year increase of 73.57% - 89.34% [13]. - In 2025, the raw coal production of large - scale industrial enterprises in Ningxia was 10.28106 million tons, a year - on - year decrease of 1.1% [13]. - In 2025, Shaanxi added 30.95 million tons/year of coal production capacity, and 10.04 million kilowatts of renewable energy installed capacity [13]. - The iron ore "water - rail intermodal transport" business of Hubei Energy Jingzhou Coal Port was officially launched [13]. - Shanxi is promoting economic development and "major project construction year" work [13]. - Hudong - Zhonghua Shipbuilding signed a contract to build 4 + 2 LNG carriers [14]. - Huaibei Mining expects its net profit in 2025 to be about 1.495 billion yuan, a year - on - year decrease of about 69.21% [14]. - China National Energy Group opened a new coal supply channel to the central - China region [14]. - Northeast Power Grid's power consumption load reached a record high in late December 2025 [14]. - The daily power generation of Datang Huayin Electric Power's thermal power units reached a record high [14]. - Shanxi Coking expects to be profitable in 2025, but its net profit will decline by more than 50% year - on - year [14]. - In 2025, China's effective supply of coking coal was close to 480 million tons, a year - on - year increase of 1.4%. The net import volume of coking coal decreased for the first time since 2021, a year - on - year decrease of 3.4% [14]. - In 2025, the freight volume of the Ganqimaodu Port reached 42.433 million tons, a year - on - year increase of 3.7%, a record high [14]. - The anti - dumping measures for stainless steel welded pipes originating from China in the Eurasian Economic Union will be extended to November 12, 2026 [14]. - Mongolia plans to produce 90 million tons of coal, 1.9 million tons of copper, and 9.4 million tons of iron ore in 2026 [14]. - India and the EU reached a free - trade agreement on January 27 [14]. - India's coal production target for the 2026 - 27 fiscal year is 1.31 billion tons [15]. - A barge collision accident in Indonesia may affect coal barge transportation [15]. - In 2025, Brazil's Vale's iron ore production reached 336 million tons, a new high since 2018 [15]. - The EU plans to ban the import of Russian natural gas and oil [15]. - In 2025, South Africa's Richards Bay Coal Terminal's coal export volume increased by 11% year - on - year to 57.66 million tons, a four - year high [15]. - India Oil Corporation plans to purchase at least 24 million barrels of Brazilian crude oil in the next two years [15].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601101 证券简称：昊华能源 公告编号：2026-003 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。 重要内容提示： ● 业绩预告的具体适用情形：实现盈利，且净利润与上年同期相比下降50%以上。 ● 北京昊华能源股份有限公司（以下简称"公司"）预计2025年度实现归属于母公司所有者的净利润 41,929万元到56,929万元，与上年同期（法定披露数据）相比，将减少61,728万元到46,728万元，同比减 少59.55%到45.08%。 ● 公司预计2025年度实现归属于母公司所有者的扣除非经常性损益的净利润39,131万元到54,131万元， 与上年同期（法定披露数据）相比，将减少63,504万元到48,504万元，同比减少61.87%到47.26%。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日 （二）业绩预告情况 经财务部门初步测算，预计2025年度实现归属于母公司所有者的净利润41,929万元到56,929 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601101 证券简称：昊华能源 公告编号：2026-002 北京昊华能源股份有限公司 关于2025年第四季度经营情况的 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。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第3号一一行业信息披露》的要求，北京 昊华能源股份有限公司（以下简称"公司"）2025年第四季度主要经营情况公告如下： ■ 注：本表煤炭销量不含贸易量。 变动情况说明及影响： 2025年，煤炭销售价格同比下滑20.40%，尽管自产煤的产销量总体略有增长，但毛利仍同比出现明显 下降；甲醇业务因产销量较上年增加，叠加原料煤价格下降，毛利实现了显著提升。 本公告之经营数据源自公司内部统计、未经审计，仅供投资者及时了解公司生产经营概况之用，具体财 务数据以公司正式披露的2025年年度报告为准。 上述数据与内容并不是对公司未来经营情况做出的预测或保证，公司董事会提醒投资者审慎使用该数 据，敬请广大投资者注意投资风险。 特此公告。 北京昊华能源股份 ...

（文章来源：证券日报） 证券日报网讯 1月28日，昊华能源发布公告称，公司预计2025年度实现归属于母公司所有者的净利润 41，929 万元到 56，929 万元。 ...

今日 A 股煤炭（核心股）板块呈现震荡走高的强势态势，板块内焦煤、动力煤等细分方向联动上涨， 赚钱效应持续释放。个股表现亮眼，山西焦化强势封死涨停，成为板块领涨个股；潞安环能涨幅超 8%，领跑焦煤细分赛道，展现出强劲的股价走势；晋控煤业、电投能源、陕西黑猫、昊华能源等多只 个股同步跟涨。从资金面来看，受行业供需格局优化、煤价中枢抬升预期及高股息低估值的价值属性吸 引，场内资金对煤炭板块的配置意愿显著提升，个股活跃，板块整体呈现出量价协同的良性走势。 煤炭（核心股）行业 1 月最新的利好消息 煤价底部抬升，行业均价中枢预计上移：据中信证券 1 月 12 日研报显示，2026 年煤炭（核心股）行业 将延续供需双弱格局，但政策托底下供给宽松幅度收窄，煤价底部有效抬升，预计全年国内煤炭均价涨 幅约 5～7%，上市公司业绩或随煤价同步改善。 风险提示：本文提及的行业信息与企业动态仅作梳理，不构成任何投资建议；企业经营及市场波动存在 不确定性，请注意相关风险 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：小讯 主产区煤价止跌回调，市场情绪逐步回暖：1 月 27 日煤炭（核心股）主产区市场数据显示，坑口煤价 迎来 ...

1月28日，昊华能源公告称，预计2025年度实现归属于母公司所有者的净利润4.19亿元到5.69亿元，与上 年同期10.37亿元相比，将减少6.17亿元到4.67亿元，同比减少59.55%到45.08%。预计2025年度实现归属 于母公司所有者的扣除非经常性损益的净利润3.91亿元到5.41亿元，与上年同期10.26亿元相比，将减少 6.35亿元到4.85亿元，同比减少61.87%到47.26%。 关于业绩变动原因，公告说明，主要系煤炭市场价格大幅下行影响。尽管公司全力保障生产运营，实现 稳产增产，煤炭销量同比增加24万吨，但仍未能有效抵消价格下降带来的影响。 同日，昊华能源披露2025年第四季度经营情况的公告，2025年第四季度，公司煤炭产量和销量分别同比 增长11.15%和8.46%；煤炭销售收入同比下降4.93%，销售毛利同比下降8.37%。 公告显示，2025年，煤炭销售价格同比下滑20.40%，尽管自产煤的产销量总体略有增长，但毛利仍同 比出现明显下降；甲醇业务因产销量较上年增加，叠加原料煤价格下降，毛利实现了显著提升。 （公司公告） ...