每经头条（nbdtoutiao）——培训5天就考证！滑雪教练速成班乱象调查：零基础也可报名，学时还 能"注水" 每经AI快讯，平煤股份1月8日晚间发布公告称，公司第十届第二次董事会会议于2026年1月8日采用通 讯表决的方式召开。会议审议了《关于2025年日常关联交易执行情况及2026年发生额预计情况的议案》 等文件。 （记者 王瀚黎） ...

Group 1 - The core point of the news is that Pingmei Shenhua Co., Ltd. experienced a stock price increase of 5.34%, reaching 8.48 CNY per share, with a trading volume of 384 million CNY and a turnover rate of 1.89%, resulting in a total market capitalization of 20.94 billion CNY [1] - Pingmei Shenhua Co., Ltd. is located in Pingdingshan, Henan Province, and was established on March 17, 1998. The company was listed on November 23, 2006, and its main business involves coal mining, coal washing and processing, and coal sales [1] - The revenue composition of the company's main business includes: coal washing segment 66.88%, mixed coal segment 35.49%, other segments 28.19%, and exploration engineering segment 1.18% [1] Group 2 - From the perspective of fund holdings, Yingda Fund has one fund heavily invested in Pingmei Shenhua Co., Ltd. The Yingda Ruixin A (003446) fund held 396,700 shares in the third quarter, accounting for 4.57% of the fund's net value, making it the seventh largest holding [2] - The Yingda Ruixin A (003446) fund was established on November 23, 2016, with a latest scale of 66.36 million CNY. Year-to-date return is 4.73%, ranking 1368 out of 8823 in its category; the one-year return is 40.54%, ranking 3015 out of 8083; and since inception, the return is 159.4% [2] - The fund manager of Yingda Ruixin A (003446) is Liu Yubin, who has been in the position for 1 year and 258 days, with a total asset scale of 12.2 million CNY. The best fund return during his tenure is 34.31%, while the worst is 22.66% [2]

平顶山天安煤业股份有限公司 关于公司董事、高管增持股份结果的公告 本公司董事会、全体董事及相关股东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： 证券代码：601666 证券简称：平煤股份 编号：2026-005 2、本次增持计划实施前，增持主体合计持有本公司股份606,500 股，占本公司总股本的0.0246%；本次增持计划实施后，增持主体合 计持有本公司股份1,017,600股，占本公司总股本的0.0412%。 二、增持计划的基本内容 1 基于对公司未来发展前景的坚定信心与价值认同，公司董事和高 级管理人员共计16人，计划自2025年12月3日起1个月内，以其自有资 金通过上海证券交易所交易系统以集中竞价交易方式增持公司股份， 合计增持股份金额不少于2,550,400元。具体内容详见2025年12月3 日在上海证券交易所披露的《平顶山天安煤业股份有限公司关于公司 董事、高管增持股份计划的公告》（公告编号：2025-088）。 三、增持计划的实施结果 截至本公告披露日，增持主体以自有资金通过上海证券交易所交 易系统以集中交易竞价 ...

证券代码：601666 证券简称：平煤股份 编号：2026-004 转债代码：113066 转债简称：平煤转债 平顶山天安煤业股份有限公司 关于可转换公司债券转股结果暨股份变动的公告 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。 重要内容提示： ●累计转股情况：平顶山天安煤业股份有限公司可转换公司债券 （以下简称"平煤转债"）自 2023 年 9 月 22 日起开始转股，截至 2025 年 12 月 31 日，累计共有 1,472,455,000 元"平煤转债"转换为公司股 份，因转股形成的股份数量为 162,531,213 股，占可转债转股前公司已 发行股份总额的 7.02%。 ●未转股可转债情况：截至 2025 年 12 月 31 日，尚未转股的"平 煤转债"金额为 1,427,545,000 元，占"平煤转债"发行总额的 49.22%。 ●本季度转股情况：2025 年第四季度共计 28,000 元"平煤转债" 转换为公司股份，因转股形成的股份数量为 3,715 股。 一、可转债发行上市概况 1、"平煤转债"发行上 ...

Investment Rating - The report maintains a "Recommended" rating for the coal mining industry [1] Core Insights - The coal mining industry is experiencing a tightening in production and shipment, with downstream power plants showing an increase in daily consumption, leading to a marginal improvement in supply-demand dynamics [2][12] - The report highlights that coal prices are expected to have support due to anticipated production reductions before the Spring Festival and potential temperature drops [12][63] - The long-term trend for coal prices is upward, driven by factors such as rising labor costs, increased safety and environmental investments, and higher taxation by local governments [5][66] Summary by Sections Thermal Coal - As of December 31, the price of thermal coal at northern ports is 678 RMB/ton, with a weekly decrease of 3 RMB/ton but a daily increase of 8 RMB/ton [12][63] - Production capacity utilization in the Sanxi region decreased by 4.85 percentage points due to increased maintenance during the New Year holiday [12][63] - The daily consumption of the six major power plants increased by 39,000 tons week-on-week [12][63] - The inventory of the six major power plants decreased by 118,000 tons to 13.375 million tons, down 276,000 tons year-on-year [12][29] Coking Coal - The production capacity utilization for coking coal decreased by 3.14 percentage points to 79.5% [3][64] - The average customs clearance volume at Ganqimaodu port decreased by 133 trucks week-on-week [3][64] - The price of main coking coal at ports remained stable at 1,740 RMB/ton as of December 31 [3][36] Coke - As of December 31, major steel mills have initiated the fourth round of price reductions for coke, indicating a weak market [3][44] - The average profit per ton of coke increased by 4 RMB/ton week-on-week [3][46] - The production rate of independent coking plants showed differentiation, with overall production rates declining slightly [3][47] Investment Opportunities - Recommended stocks include China Shenhua, Shaanxi Coal, and China Coal Energy for their stable performance and high dividends [5][66] - Other notable stocks include Yanzhou Coal, Jinkong Coal, and Huayuan Co. for their growth potential and strong cash flow [5][67]

Investment Rating - The report maintains a "Buy" rating for several key companies in the coal industry, including Shanxi Coking Coal, Lu'an Huanneng, Yancoal, China Shenhua, Shaanxi Coal and Chemical Industry, and others [5]. Core Insights - The coal market is experiencing a supply-demand tug-of-war, leading to continued price fluctuations. Recent supply constraints and increasing terminal demand have resulted in a slight recovery in port coal prices. However, as coal mines resume production after the New Year, supply is expected to stabilize, while demand is anticipated to strengthen due to colder weather [8][9]. - The report suggests a strategy of buying on dips, focusing on companies with strong dividend yields and low valuations, as well as those with significant production capacity growth potential. Key recommendations include China Shenhua, Zhongmei Energy, and Yancoal, among others [8][9]. Summary by Sections 1. Core Views and Business Tracking - The report emphasizes the importance of dividend policies and growth prospects for listed companies in the coal sector [13][15]. 2. Coal Price Tracking - The report tracks coal price indices, noting that the price of thermal coal at the port has shown a week-on-week increase of 6 CNY/ton, while year-on-year comparisons indicate a decline [9][10]. 3. Coal Inventory Tracking - As of December 31, 2025, the inventory at the Bohai Rim ports was reported at 28.366 million tons, reflecting a week-on-week decrease of 5.43% [8]. 4. Downstream Performance of the Coal Industry - The report highlights that the daily coal consumption across 25 provinces reached 6.116 million tons, marking a 12.78% increase compared to the end of November [8][9]. 5. Weekly Performance of the Coal Sector and Individual Stocks - The coal sector has seen significant price movements, with individual stocks reflecting the overall market trends. The report provides detailed performance metrics for key companies [10][11].

Group 1: Company Announcements - Zhongwei Company plans to acquire 64.69% equity of Hangzhou Zhonggui through a combination of share issuance and cash payment, aiming to enhance its capabilities in CMP equipment and solutions [1] - Lixun Precision intends to repurchase shares worth between 1 billion to 2 billion RMB for employee stock ownership plans or equity incentives, with a maximum repurchase price of 86.96 RMB per share [2] - ZaiJing Pharmaceutical has reached a global strategic cooperation and licensing agreement with AbbVie for the development and commercialization of ZG006, receiving an upfront payment of 100 million USD [3] - Tianci Materials expects a net profit increase of 127% to 231% for 2025, driven by significant growth in lithium-ion battery material sales [4] - Meike Home plans to acquire 100% equity of Shenzhen Wande Technology through share issuance and cash payment, with stock resuming trading on January 5, 2026 [6][7] - ST KeliDa is planning a change in control, with stock suspension starting January 5, 2026, due to the transfer of 100% equity of its controlling shareholder [8] - Xinzhou Bang intends to invest approximately 260 million USD in a lithium-ion battery materials project in Saudi Arabia, enhancing its global capacity and supply chain [9] Group 2: Financial Performance - Kid's King anticipates a net profit increase of 51.72% to 82.06% for 2025 [9] - Guangku Technology expects a net profit growth of 152% to 172% for 2025 [9] Group 3: Mergers and Acquisitions - Xidi Micro plans to acquire 100% equity of Chengxin Micro for 310 million RMB [9] - Haili Biological's subsidiary intends to acquire 51% equity of seven dental chain companies for 61.2 million RMB [9]

Group 1 - The core point of the article is that Pingmei Shenhua Coal Industry Co., Ltd. plans to increase its capital in the Shisan Mine by 500 million yuan to enhance its financial strength and overall competitiveness while reducing financial and operational risks [1] Group 2 - The capital increase will be executed in cash, resulting in a new registered capital of 501 million yuan for the Shisan Mine after the completion of the capital increase [1]

国浩律师（上海）事务所 法律意见书 本所律师已经对公司提供的与本次股东会有关的文件、资料及证言进行了审 查判断，并据此出具法律意见。 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对公司 本次股东会的相关法律问题发表如下意见： 一、本次股东会的召集、召开程序 国浩律师（上海）事务所 关于平顶山天安煤业股份有限公司 2025年第四次临时股东会的法律意见书 致：平顶山天安煤业股份有限公司 国浩律师（上海）事务所（以下简称"本所"）作为平顶山天安煤业股份有 限公司（以下简称"公司"或"平煤股份"）之特聘法律顾问，根据《中华人民 共和国公司法》（以下简称"《公司法》"）《中华人民共和国证券法》（以下 简称"《证券法》"）《上市公司股东会规则》（以下简称"《股东会规则》"） 《平顶山天安煤业股份有限公司章程》（以下简称"《公司章程》"等法律法规 及规范性文件的规定，指派律师出席并见证了公司于2025年12月31日上午9时30 分在河南省平顶山市民主路2号平安大厦召开的2025年第四次临时股东会（以下 简称"本次股东会"），并对本次股东会的召集、召开程序、出席人员资格、会 议表决程序等事宜进行了审查。 本所 ...

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 | 1、出席会议的股东和代理人人数 | 439 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,185,483,543 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 48.0077 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集，董事长焦振营先生主持本次股东会,会议召集和 召开程序、出席会议人员的资格、会议的表决方式和程序均符合《公司法》及《公 司章程》的有关规定。 (一) 股东会召开的时间：2025 年 12 月 31 日 (二) 股东会召开的地点：河南省平顶山市民主路 2 号平安大厦 (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： 证券代码：601666 证券简称：平煤股份 公告编号：2026-001 平顶山天安煤业股份有限公司 2025年第四次临时股东会决议公告 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 ...