证券代码：601101 证券简称：昊华能源 公告编号：2025-011 北京昊华能源股份有限公司 第七届监事会第十二次会议决议公告 本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。 一、监事会会议召开情况 （一）本次监事会会议的召开符合有关法律、行政法规、部门 规章、规范性文件和公司章程的规定。 （二）监事会会议通知和材料于 4 月 14 日以电子方式发出。 （三）监事会会议于 2025 年 4 月 25 日 16:30 时在公司三楼会 议室以现场加视频方式召开。 （四）会议应到监事 3 人，实到 3 人，出席会议的监事人数符 合法定人数。监事谷中和先生和监事秦磊先生视频参加会议。 （五）会议由监事会主席谷中和先生召集并主持。 二、监事会会议审议情况 （一）关于公司《2024 年度监事会工作报告》的议案 经表决，同意 3 票，反对 0 票，弃权 0 票，通过此议案。 本议案需提交股东会审议。 （二）关于鄂尔多斯市昊华国泰化工有限公司计提资产减值准 备的议案 经表决，同意 3 票，反对 0 票，弃权 0 票，通过此议案。 （三）关 ...

重要内容提示： 北京昊华能源股份有限公司（以下简称"公司"）本次董 事会以现场与视频相结合方式召开。公司董事柴有国先生，独立 董事贺佑国先生、张保连先生视频出席本次会议。 本次董事会全部议案均获通过，无反对票、弃权票。 一、董事会会议召开情况 公司第七届董事会第十四次会议于 2025 年 4 月 25 日 14 时 30 分，在公司三层会议室以现场与视频相结合的方式召开。会议通 知于 2025 年 4 月 14 日以通讯方式向全体董事、监事发出。 证券代码：601101 证券简称：昊华能源 公告编号：2025-010 北京昊华能源股份有限公司 第七届董事会第十四次会议决议公告 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。 本次会议应出席董事 11 人，实到董事 11 人。公司董事柴有 国先生，独立董事贺佑国先生、张保连先生视频出席本次会议， 其余董事现场出席本次会议。公司监事会成员、总法律顾问及相 关部室负责人列席本次会议。 本次会议召开符合《公司法》《公司章程》的有关规定，会 议由董事长董永站先生主持。 二、董事会 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,536,386,897.59, representing a year-on-year increase of 5.13% compared to ¥2,412,701,599.30 in the same period last year[4] - Net profit attributable to shareholders decreased by 38.80% to ¥276,543,001.67 from ¥451,845,572.59 in the previous year[4] - Basic and diluted earnings per share decreased by 38.71% to ¥0.19 from ¥0.31 in the previous year[4] - Net profit for Q1 2025 was ¥360,107,991.88, a decrease of 44.4% from ¥647,257,944.06 in Q1 2024[19] - Operating profit for Q1 2025 was ¥456,087,675.13, down 41.5% from ¥780,675,513.73 in Q1 2024[19] Cash Flow - The net cash flow from operating activities fell by 46.15%, amounting to ¥703,649,965.19, down from ¥1,306,748,430.96 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was ¥703,649,965.19, a decline of 46.1% compared to ¥1,306,748,430.96 in Q1 2024[23] - The net cash flow from financing activities for Q1 2025 was ¥18,108,057.78, a significant improvement compared to a net outflow of ¥1,235,865,886.38 in Q1 2024[23] Assets and Liabilities - Total assets increased by 2.49% to ¥29,163,359,472.62 from ¥28,455,977,030.37 at the end of the previous year[4] - The company's total liabilities stood at RMB 13,626,200,944.28, up from RMB 13,432,798,776.86, marking an increase of about 1.44%[15] - The company's total current liabilities were RMB 4,523,689,431.31, showing a marginal decrease from RMB 4,531,140,781.12, a reduction of about 0.16%[15] - The company's total liabilities increased to CNY 1,239,209,121.61 as of March 31, 2025, compared to CNY 1,235,704,219.60 at the end of 2024[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 39,611[9] - The largest shareholder, Beijing Energy Group Co., Ltd., holds 63.31% of the shares, totaling 911,613,544 shares[9] Inventory and Receivables - The company's inventory decreased to RMB 186,961,758.00 from RMB 224,998,116.12, showing a decline of about 16.88%[13] - Accounts receivable rose significantly to RMB 186,682,775.56 from RMB 94,965,629.66, indicating an increase of approximately 96.59%[13] Costs and Expenses - Total operating costs rose significantly to ¥2,084,819,940.53 in Q1 2025, up 27.5% from ¥1,633,890,669.52 in Q1 2024[18] - The company incurred sales expenses of ¥32,115,530.35 in Q1 2025, a decrease of 18.5% from ¥39,407,304.09 in Q1 2024[19] - Management expenses decreased to CNY 39,684,149.22 in the first quarter of 2025 from CNY 45,427,968.73 in the first quarter of 2024[28] Non-Recurring Items - The company reported a non-recurring gain of ¥3,179,978.13, which includes a loss from non-current asset disposal of ¥4,967,877.74[7] Cash and Cash Equivalents - The company's cash and cash equivalents increased to RMB 4,718,959,772.06 from RMB 4,163,578,591.59, representing a growth of about 13.33%[13] - Cash and cash equivalents at the end of Q1 2025 totaled ¥4,405,997,714.46, down from ¥4,645,115,761.15 at the end of Q1 2024[23] Other Financial Metrics - The weighted average return on equity decreased by 1.66 percentage points to 2.28% from 3.94% in the previous year[4] - The total non-current assets amounted to RMB 23,570,306,252.79, a slight decrease from RMB 23,664,405,235.69, indicating a decline of approximately 0.40%[14] - The company's long-term borrowings increased to RMB 5,688,320,000.00 from RMB 5,553,320,000.00, reflecting an increase of about 2.39%[15] - The total equity of the company as of March 31, 2025, was CNY 9,537,865,975.21, a slight decrease from CNY 9,562,108,039.09 at the end of 2024[27] Accounting Standards - The company did not apply new accounting standards starting from 2025[32]

证券代码：601101 证券简称：昊华能源 公告编号：2025-012 北京昊华能源股份有限公司 关于 2024 年年度利润分配方案的公告 每股派发现金红利 0.458 元（含税），不派发股票股利，不进 行资本公积转增股本。 本次利润分配以实施权益分派股权登记日登记的总股本为基 数，具体日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本发生变动的，拟 维持每股分配比例不变，相应调整分配总额，相应调整拟分配利润 总额并将另行公告具体调整情况。 公司未触及《上海证券交易所股票上市规则》（以下简称《股 票上市规则》）第 9.8.1 条第一款第（八）项规定的可能被实施其他 风险警示的情形。 一、 公司2024年年度利润分配方案内容 （一）利润分配方案的具体内容 经天圆全会计师事务所（特殊普通合伙）审计，截至 2024 年 12 月 31 日 ， 公 司 母 公 司 报 表 中 期 末 未 分 配 利 润 为 人 民 币 4,103,788,766.95 元。经董事会决议，公司 2024 年年度拟以实施权 益分派股权登记日登记的总股本为基数分配利润。本次利润分配方 案如下： 公司拟向全体股东每 1 ...

Financial Performance - The company's operating revenue for 2024 reached CNY 9,137,696,926.90, representing an increase of 8.30% compared to CNY 8,437,025,400.96 in 2023[23]. - The net profit attributable to shareholders of the listed company was CNY 1,036,570,441.48, a slight decrease of 0.33% from CNY 1,039,973,821.44 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was CNY 1,026,348,815.93, showing a marginal increase of 0.25% from CNY 1,023,756,490.47 in 2023[24]. - The basic earnings per share for 2024 remained at CNY 0.72, unchanged from 2023, but decreased from CNY 0.93 in 2022[25]. - The weighted average return on equity decreased to 8.96% in 2024 from 9.62% in 2023, a decline of 0.66 percentage points[25]. - The company’s operating revenue increased by 700 million RMB, representing an 8.3% growth year-on-year, while net profit attributable to shareholders was 1.037 billion RMB, a slight decrease of 0.33%[49]. - The company reported a total R&D expenditure of 342.36 million RMB, representing 3.75% of operating revenue[61]. Cash Flow and Assets - The net cash flow from operating activities was CNY 3,401,024,922.98, down by 6.95% compared to CNY 3,655,131,227.21 in the previous year[24]. - The total assets at the end of 2024 were CNY 28,455,977,030.37, a decrease of 4.88% from CNY 29,917,331,224.99 at the end of 2023[24]. - The company's cash flow from operating activities was negative in Q4 2024, amounting to CNY -73.21 million, indicating significant operational challenges[27][28]. - Current assets decreased from ¥6,152,596,938.32 in 2023 to ¥4,791,571,794.68 in 2024, a decline of approximately 22.1%[198]. - Cash and cash equivalents decreased from ¥5,210,941,712.41 in 2023 to ¥4,163,578,591.59 in 2024, a decrease of about 20.1%[198]. - Total liabilities decreased by 12.58% to 13.43 billion RMB, with current liabilities at 4.53 billion RMB, representing 15.92% of total assets[66]. Production and Sales - Coal production reached 18.07 million tons in 2024, an increase of 1.01 million tons year-on-year, exceeding budget expectations[32]. - The total production of self-produced coal was 1,806.95 million tons, reflecting a year-on-year increase of 5.90%, while sales volume reached 1,809.62 million tons, up 6.12%[55]. - The average selling price of self-produced coal decreased by CNY 21.48 per ton in Q4 2024, contributing to a revenue decline of CNY 34.2 million compared to the average of the previous three quarters[28]. - The company achieved a coal production of 18.07 million tons and sales of 18.10 million tons, marking a historical record[70]. Governance and Compliance - The company completed a total of 15 board meetings in 2024, reviewing 227 agenda items to ensure effective governance[32]. - Eleven new regulations were established to enhance corporate governance and compliance with regulatory requirements[41]. - The company’s board and supervisory committee adhered to legal and regulatory requirements, ensuring compliance in operations and financial oversight[85]. - The company has established a compliance management committee to oversee legal and regulatory adherence[102]. Environmental and Social Responsibility - The company has implemented green development strategies, including ecological restoration projects covering 65,700 square meters and reducing carbon emissions by 30,000 tons annually[43]. - The company invested approximately 23,600.49 million yuan in environmental protection during the reporting period[130]. - The company has established a comprehensive environmental protection work plan and strictly supervises its implementation[144]. - Total donations for social responsibility amounted to 8.34 million CNY, with 8.17 million CNY in cash donations[148]. Strategic Initiatives - The company aims to extend its industrial chain into new energy sectors, promoting high-quality development in the coal industry[46]. - The company plans to focus on core coal operations while expanding logistics and coal chemical businesses, and will pursue strategic acquisitions of quality coal mine projects[78]. - The company is exploring market expansion opportunities, particularly in emerging markets[90]. - The company plans to establish a sales company in Inner Mongolia as part of its strategic expansion[107]. Risks and Challenges - The company has not faced any significant risks that could materially affect its future development, as discussed in the management analysis section[11]. - The company anticipates that coal prices will decline due to supply and demand factors, impacting revenue and profitability[77]. - The company faces uncertainties in coal mine project acquisitions due to high valuations in the current market[81]. - The company has identified safety production risks and is enhancing its safety management systems to mitigate potential impacts on operations[80]. Legal Matters - The company is involved in significant litigation, including a lawsuit against Shanxi Zhongbo for 1.0852 billion RMB due to breach of contract, with the first-instance judgment rejecting the plaintiff's claims[155]. - The company has reported a total of 79.27 million RMB in compensation payments to 777 investors due to investment losses[157]. - The company has confirmed that there are no significant changes in accounting policies or estimates that would impact financial reporting[154].

Investment Rating - The industry investment rating is maintained at "Add" [1] Core Viewpoints - The current coal prices are primarily influenced by high inventory levels, demand being mainly driven by necessity, and limited upward momentum due to the impact of the flood season on hydropower generation. However, following the May Day holiday, the market is expected to enter a peak summer demand period, which may lead to further price increases [1] - The report emphasizes the importance of monitoring the incremental insurance funds and the positive growth in premium income, which is increasingly concentrated among leading insurance companies. The ongoing scarcity of fixed-income assets, combined with high dividend assets, suggests a shift towards equity allocation, with a preference for resource stocks [2][38] Summary by Sections 1. Market Review - From April 21 to April 25, the Shanghai Composite Index closed at 3295.06 points, up 0.56% from the previous week. The coal sector index closed at 2548.73 points, down 0.63% [10] - The average daily coal inventory at the four ports in the Bohai Rim decreased to 31.099 million tons, down 2.66% from the previous week [33] 2. Supply and Demand Dynamics - The average daily coal inflow to the four ports in the Bohai Rim was 1.8863 million tons, an increase of 7.11% week-on-week. The average daily outflow was 2.0124 million tons, up 35.99% week-on-week [29][33] - The report notes a decrease in the number of anchored vessels in the Bohai Rim, with an average of 83 vessels, down 4.58% from the previous week [33] 3. Price Trends - The port price for 5500 kcal thermal coal at Qinhuangdao decreased by 8 yuan/ton to 655 yuan/ton as of April 24 [17] - The price index for thermal coal in the Bohai Rim remained stable at 678 yuan/ton as of April 23 [19] 4. Recommendations - The report recommends focusing on elastic coal stocks, particularly those with low valuations, such as Guanghui Energy and Haohua Energy [2][38]

Investment Rating - The report maintains an "Accumulate" rating for the coal mining industry [1] Core Viewpoints - The current coal prices are primarily influenced by the seasonal decline in demand and the stable increase in hydropower during the flood season, limiting upward momentum [1] - Short-term demand remains reliant on long-term contracts and essential purchases by power plants, while non-electric enterprises show weak demand due to warmer weather and high inventory levels, making significant price increases unlikely in the short term [1][2] Summary by Sections Industry Overview - During the week of April 14 to April 18, the spot price of thermal coal at ports decreased by 27 yuan/ton, closing at 663 yuan/ton [1] - The average daily inflow of coal to the four ports in the Bohai Rim was 1.7611 million tons, a decrease of 75,300 tons week-on-week, down 4.10% [1] - The average daily outflow from the same ports was 1.4799 million tons, a decrease of 371,000 tons week-on-week, down 20.04% [1] - The inventory at the Bohai Rim ports increased to 31.948 million tons, up 2.07 million tons week-on-week, an increase of 6.93% [1] Price Trends - The price of thermal coal at the production site showed a slight decline, with the price for 5500 kcal thermal coal in Datong at 555 yuan/ton, down 27 yuan/ton [18] - The price for 6000 kcal thermal block coal in Yanzhou decreased by 90 yuan/ton, closing at 800 yuan/ton [18] - The Bohai Rim thermal coal price index remained stable at 678 yuan/ton [21] Market Dynamics - The report highlights a continued focus on the influx of insurance capital, with premium income maintaining positive growth concentrated towards leading insurance companies [2][37] - The report recommends focusing on elastic stocks in thermal coal, particularly those with low valuations such as Guanghui Energy and Haohua Energy [2][37] Shipping and Logistics - Domestic shipping costs increased by 2.45 yuan/ton, closing at 37.45 yuan/ton, a rise of 6.95% [35]

北京昊华能源股份有限公司 章 程 二〇二五年四月 | 第一章 总则 | | --- | | 第二章 经营宗旨和范围 - 3 - | | 第三章 股份 . | | 第一节 | | 第二节 股份增减和回购 | | 第三寺 | | 第四章 股东和股东大会 | | 第一节 股东 | | 第二节 股东大会的一般规定 | | 第三节 股东大会的召集 - 15 - | | 第四节 股东大会的提案与通知 . | | 第五节 股东大会的召开 - 19 - | | 第六节 股东大会的表决和决议 . | | 第五章 党的委员会 - 27 - | | 第六章 董事会 | | 第一节 董事 - 28 - | | 第二节 独立董事 - 31 - | | 第三节 董事会 - 39 - | | 第四节 董事会专门委员会 . | | 第七章 总经理及其他高级管理人员 | | 第八章 | 监事会 | | --- | --- | | 第一节 | 监事 - 50 - | | 第二节 | 监事会 | | 第九章 | 财务会计制度、利润分配和审计 - 52 - | | | 第一节 财务会计制度 - 52 - | | 第二节 | 内部审计 - 55 - ...

国浩律师（北京）事务所 关于 北京昊华能源股份有限公司 国浩律师（北京）事务所 关于北京昊华能源股份有限公司 2025 年第一次临时股东大会的 法律意见书 北京 上海 深圳 杭州 天津 昆明 广州 成都 宁波 福州 西安 南京 南宁 香港 巴黎 地址：北京市朝阳区东三环北路 38 号泰康金融大厦 9 层 邮编：100026 电话：010-65890699 传真：010-65176800 电子信箱：bjgrandall@grandall.com.cn 网址：http://www.grandall.com.cn 1 2025 年第一次临时股东大会的 法律意见书 国浩京证字[2025]第 0240 号 致：北京昊华能源股份有限公司 国浩律师（北京）事务所（以下简称"本所"）在中华人民共和国具有执业 资格，可以从事与中国法律有关之业务。本所接受北京昊华能源股份有限公司（以 下简称"公司"）的委托，指派律师出席了公司 2025 年第一次临时股东大会（以 下简称"本次股东大会"）。现根据《中华人民共和国公司法》（以下简称"《公 司法》"）《上市公司股东会规则》（以下简称"《股东会规则》"）《律师事 务所从事证券法律业务管 ...

证券代码：601101 证券简称：昊华能源 公告编号：2025-009 北京昊华能源股份有限公司 2025 年第一次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025 年 4 月 10 日 (二)股东大会召开的地点：北京市门头沟区新桥南大街 2 号 公司六层会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其 持有股份情况： | 1、出席会议的股东和代理人人数 | 355 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,016,716,789 | | 3、出席会议的股东所持有表决权股份数占公司有 | 70.6054 | | 表决权股份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定， 大会主持情况等。 本次股东大会采用现场投票和网络投票相结合的方式进行 表决；本次会议由公司董事会召集，董事长董永站先生主持。会 议的召开和表决 ...