Financial Performance - The company expects a net profit attributable to shareholders to decrease by 60% to 90% compared to the previous year[3] - The net profit for the previous year was 981.993 million yuan[4] - The earnings per share for the previous year was 0.33 yuan[4] Market Conditions - The main reason for the profit reduction is the oversupply in the coal industry and weak demand, leading to a continuous decline in product prices[5] - The company has not yet finalized the financial data, and the specific figures will be disclosed in the audited annual report[6]

公司代码：601699 公司简称：潞安环能 山西潞安环保能源开发股份有限公司 2015 年第三季度报告 | 一、 | 重要提示 | 2 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 2 | | 三、 | 重要事项 | 4 | | 四、 | 附录 | 6 | 山西潞安环保能源开发股份有限公司 2015 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、高级管理人员应当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 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 翟红 | 董事 | 因公 | 无 | | 刘克功 | 董事 | 因公 | 王志清 | | 肖亚宁 | 董事 | 因公 | 洪强 | 1.3 公司负责人李晋平、主管会计工作负责人王志清 及会计机构负责人（会计主管人员）王会波 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、 公司主 ...

公司代码：601699 公司简称：潞安环能 山西潞安环保能源开发股份有限公司 二〇一五年半年度报告 2015 年半年度报告 山西潞安环保能源开发股份有限公司 重要提示 本报告期公司无利润分配预案 六、 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 七、 是否存在违反规定决策程序对外提供担保的情况？ 否 1 / 95 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、 公司负责人李晋平、主管会计工作负责人王志清及会计机构负责人（会计主管人员）王会波 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 | 第一节 | 释义 3 | | --- | --- | | 第二节 | 公司简介 4 | | 第三节 | 会计数据和财务指标摘要 5 | | 第四节 | 董事会报告 7 | | 第五节 | 重要事项 11 | | 第六节 | 股份变动及股东情况 14 | | 第七节 | ...

公司代码：601699 公司简称：潞安环能 山西潞安环保能源开发股份有限公司 2015 年第一季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 山西潞安环保能源开发股份有限公司 2015 年第一季度报告 一、 重要提示 3.1 公司董事会、监事会及董事、监事、高级管理人员应当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。 3.2 公司全体董事出席董事会审议季度报告。 3.3 公司负责人李晋平、主管会计工作负责人王志清 及会计机构负责人（会计主管人员） 王会波保证季度报告中财务报表的真实、准确、完整。 3.4 本公司第一季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 3 / 18 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末 增减(%) 总资产 52,567,122,207.80 51,506,179,13 ...

Financial Performance - Total operating revenue for Q1 2015 was CNY 273,891.63 million, a decrease of 12.83% compared to CNY 314,211.33 million in the same period last year[4] - Operating profit fell to CNY 6,391.28 million, down 76.73% from CNY 27,463.46 million year-on-year[4] - Net profit attributable to shareholders was CNY 7,141.23 million, a decline of 69.48% from CNY 23,401.15 million in the previous year[4] - Basic earnings per share decreased to CNY 0.031, down 69.61% from CNY 0.102 in the same period last year[4] - The weighted average return on equity dropped to 0.383%, a decrease of 0.97 percentage points compared to 1.353% in the previous year[4] Assets and Equity - Total assets increased by 2.05% to CNY 5,256,140.26 million from CNY 5,150,617.91 million at the beginning of the period[4] - Shareholders' equity attributable to the parent company rose by 1.76% to CNY 1,878,634.63 million from CNY 1,846,138.46 million[4] - The company's net asset per share increased to CNY 8.16, up 1.75% from CNY 8.02 at the beginning of the period[4]

Financial Performance - The company's operating revenue for 2014 was approximately ¥16.03 billion, a decrease of 16.51% compared to ¥19.20 billion in 2013[27]. - The net profit attributable to shareholders for 2014 was approximately ¥981.99 million, down 35.77% from ¥1.53 billion in 2013[27]. - Basic earnings per share for 2014 were ¥0.43, a decline of 35.30% from ¥0.66 in 2013[26]. - The weighted average return on equity for 2014 was 5.53%, a decrease of 3.72 percentage points from 9.25% in 2013[26]. - The net cash flow from operating activities for 2014 was approximately ¥1.91 billion, an increase of 13.54% compared to ¥1.68 billion in 2013[27]. - The total assets at the end of 2014 were approximately ¥51.51 billion, an increase of 12.95% from ¥45.60 billion at the end of 2013[27]. - The company's net assets attributable to shareholders at the end of 2014 were approximately ¥18.46 billion, an increase of 8.20% from ¥17.06 billion at the end of 2013[27]. - The company reported a significant 48.62% decrease in income tax expenses, attributed to lower sales prices and profits in the coal market[61]. - The coal production volume reached 38.14 million tons, with a notable decline in both sales volume and price[64]. - The company's operating revenue decreased by 16.51% to ¥16,030,317,622.15 compared to the previous year[54]. - Operating costs fell by 9.85% to ¥11,023,250,283.90, leading to a reduction in overall expenses[54]. - The net profit for 2014 was CNY 747,356,156.39, representing a decline of 36% from CNY 1,166,054,885.61 in the prior year[170]. - The net profit attributable to shareholders of the parent company was CNY 981,993,012.28, down 35.8% from CNY 1,528,859,757.16 in 2013[170]. - The total liabilities of the company reached CNY 32.99 billion, up from CNY 28.28 billion, which is an increase of approximately 16.0%[164]. Operational Efficiency - The company achieved a comprehensive coal price of 434.06 RMB, with a total coal production of 16.06 million tons and sales of 16.37 million tons during the reporting period[30]. - The company reduced the complete cost of coal per ton by 60 RMB through internal efficiency measures[34]. - The company is focused on reducing non-production costs and improving procurement processes to lower material costs and enhance overall efficiency[44]. - The company aims to implement a "321" cost management model to enhance efficiency, which includes budget management, periodic cost analysis, and linking costs to employee performance[45]. - The company reported a significant drop in management expenses, which fell to CNY 2,805,533,650.36 from CNY 3,909,003,239.65, a reduction of 28.2%[170]. Investment and Development - The company invested a total of 1.08648 billion RMB in safety expenses, with a safety investment of 843.21 million RMB, ensuring a high level of safety production[31]. - The company plans to enhance its coal chemical and coal-electricity integration to strengthen its market position[77]. - The company is focusing on integrating mining technology upgrades and expanding production capacity as part of its funding needs for 2015[79]. - The company plans to distribute a total profit of 770.86 million RMB, with a cash dividend of 0.35 RMB per share and a stock distribution of 3 shares for every 10 shares held[81]. - The company aims for coal production to reach 40 million tons and revenue to hit CNY 16 billion in the current year[78]. Innovation and Technology - The company received 1 national technology invention award and 5 national invention patent authorizations, showcasing its commitment to innovation[35]. - The company is committed to an innovation-driven strategy, establishing a comprehensive innovation system that integrates research, development, and commercialization[49]. - The company plans to strengthen its partnerships with universities and research institutions to enhance technological innovation and support the transition to cleaner coal production[49]. - The company is implementing a performance evaluation system that links employee compensation to innovation outcomes to foster a culture of innovation[50]. - The company aims to leverage its leadership in the coal industry to explore new technologies and product development[126]. Market Strategy - The company emphasizes a customer-centric marketing management system to enhance brand marketing and quality management, aiming to increase market share in key regions[41]. - The company plans to accelerate the construction of a comprehensive marketing system, including a mixed transportation model to reduce costs and expand the market reach of its coal products[41]. - The company is focused on expanding its market layout for various coal types, aiming to replace imported and high-sulfur coal with its own products[41]. - The company is exploring e-commerce platforms to optimize sales resource allocation and maximize marginal benefits[43]. - The company is actively involved in various coal and energy-related projects, indicating a commitment to growth in the sector[126]. Governance and Compliance - The company has established a strict insider information management system to control the flow of sensitive information and maintain transparency[138]. - The company held its annual general meeting on May 28, 2014, where all resolutions except one were passed[140]. - The company has implemented a governance structure that ensures the independence of the board and effective supervision by the supervisory board[137]. - The independent audit report confirmed that the financial statements fairly represent the company's financial position as of December 31, 2014[161]. - The company has made significant efforts to improve its governance structure and internal control systems during the reporting period[137]. Human Resources - The total number of employees in the parent company is 27,883, while the total number of employees in major subsidiaries is 7,427, resulting in a combined total of 35,310 employees[131]. - The professional composition includes 23,766 production workers, 2,063 engineering technicians, 3,546 management personnel, 4,310 service personnel, and 1,625 others[131]. - The educational background of employees shows that there are 6,664 with junior high school education or below, 10,512 high school graduates (including technical school), 4,501 with vocational school education, 7,909 with college diplomas, 5,307 with bachelor's degrees, and 417 with master's degrees[131]. - The company has established a performance evaluation mechanism for all employees, linking senior management's compensation to operational targets[149]. Financial Management - The company has committed to ensuring stable accounting policies and will not change depreciation accounting estimates within five years of its public offering[98]. - The financial statements are prepared based on the going concern assumption, indicating the company has sufficient financial resources to support its operations for at least the next 12 months[192]. - The accounting policies and estimates comply with the enterprise accounting standards, ensuring a true and complete reflection of the company's financial status and performance[193]. - The company has a history of profitable operations, supporting the rationale for preparing financial statements on a going concern basis[192]. - The company has not changed its consolidation scope compared to the previous year, maintaining stability in its financial reporting structure[190].

Financial Performance - In 2014, total operating revenue decreased by 16.51% to CNY 1,603,031.76 million from CNY 1,919,996.63 million in 2013[4] - Operating profit fell by 40.72% to CNY 116,182.68 million compared to CNY 195,997.53 million in the previous year[4] - Net profit attributable to shareholders decreased by 35.77% to CNY 98,199.30 million from CNY 152,885.98 million in 2013[4] - Basic earnings per share dropped by 35.39% to CNY 0.43 from CNY 0.66 in 2013[4] - The decline in revenue and profit was attributed to the decrease in coal prices during 2014[4] Financial Position - Total assets increased by 12.95% to CNY 5,150,617.91 million at the end of 2014 from CNY 4,560,120.77 million at the end of 2013[4] - Shareholders' equity attributable to the parent company rose by 8.20% to CNY 1,846,138.46 million from CNY 1,706,162.50 million in 2013[4] - The company's total share capital remained unchanged at CNY 230,108.40 million[4] - Net asset per share attributable to shareholders increased by 8.20% to CNY 8.02 from CNY 7.41 in 2013[4] Return on Equity - The weighted average return on equity decreased by 3.2 percentage points to 6.05% from 9.25% in the previous year[4]

Financial Performance - Net profit attributable to shareholders decreased by 49.05% to CNY 635.02 million year-to-date[10] - Operating revenue for the first nine months was CNY 11.91 billion, down 14.8% year-on-year[10] - Basic earnings per share decreased by 48.15% to CNY 0.28[10] - The weighted average return on net assets decreased by 3.73 percentage points to 3.60%[10] - Total operating revenue for Q3 2014 was CNY 4,065,527,456.12, a decrease of 9.8% compared to CNY 4,506,359,004.78 in Q3 2013[35] - Net profit for Q3 2014 was CNY 74,841,037.66, a decline of 59.5% compared to CNY 184,683,136.01 in Q3 2013[36] - Total profit for Q3 2014 was CNY 173,434,286.90, a decrease of 41.5% from CNY 296,580,036.17 in Q3 2013[36] - Total profit for the first nine months of 2014 was CNY 675,058,916.11, down 51.6% from CNY 1,397,639,668.25 in the same period last year[36] - Net profit for the first nine months of 2014 was CNY 413,220,999.33, a decline of 56.6% compared to CNY 953,868,463.69 in the same period last year[36] Assets and Liabilities - Total assets increased by 11.52% to CNY 50.86 billion compared to the end of the previous year[10] - Current liabilities rose to CNY 23.54 billion, compared to CNY 19.91 billion in the previous year, reflecting an increase of about 18.0%[28] - Total liabilities increased to CNY 32.57 billion, up from CNY 28.28 billion, representing an increase of approximately 15.9%[29] - Shareholders' equity rose to CNY 18.29 billion, compared to CNY 17.32 billion, reflecting an increase of about 5.5%[29] - The total number of shareholders reached 116,709 by the end of the reporting period[13] - The largest shareholder, Shanxi Lu'an Mining (Group) Co., Ltd., holds 61.34% of the shares[13] Cash Flow - Net cash flow from operating activities increased by 79.88% to CNY 2.09 billion year-to-date[10] - The company's cash and cash equivalents increased by 31.57% to CNY 10.20 billion from CNY 7.75 billion due to increased bank borrowings[15] - Cash inflow from operating activities for the first nine months was CNY 11,659,706,964.90, down 20% from CNY 14,611,092,121.33 in the previous year[41] - Net cash flow from operating activities increased to CNY 2,087,882,661.37, compared to CNY 1,160,716,795.35 in the same period last year, representing an increase of 80%[41] - Cash inflow from financing activities increased to CNY 5,769,100,000.00, up from CNY 5,236,810,822.98, marking an increase of 10%[42] - Net cash flow from financing activities was CNY 3,012,186,781.86, compared to CNY 2,942,269,281.05 in the previous year, indicating a growth of 2%[42] Investments and Expenses - The company reported a significant increase in long-term equity investments, rising by 114.37% to CNY 1.61 billion from CNY 750 million, attributed to investments in Lu'an Coal-based Clean Energy Company[15] - The company’s sales expenses decreased by 30.78% to CNY 177.64 million from CNY 256.63 million due to changes in settlement methods[15] - The company’s tax liabilities decreased by 44.80% to CNY 516.78 million from CNY 936.26 million, primarily due to a reduction in payable VAT and income tax[15] - The company reported a loss of CNY 3.52 million from non-operating asset disposals in the current period[11] - Government subsidies recognized in the current period amounted to CNY 1.02 million[11] Inventory and Receivables - Accounts receivable surged by 248.50% to CNY 3.53 billion from CNY 1.01 billion, primarily due to changes in the coal market and extended payment terms for some customers[15] - Inventory levels rose to CNY 713.87 million, compared to CNY 408.34 million, an increase of approximately 74.8%[32] - The company reported a significant increase in prepayments to CNY 192.33 million from CNY 80.30 million, a growth of approximately 139.0%[32] Future Plans - The company plans to gradually integrate coal production assets from its parent company to enhance operational efficiency and reduce competition[17]

山西潞安环保能源开发股份有限公司 （601699 潞安环能） 2014 年半年度报告 山西潞安环保能源开发股份有限公司 2014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、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因说明 | 被委托人姓名 | | --- | --- | --- | --- | | 董事 | 王观昌 | 因公 | 洪强 | 三、 公司半年度财务报告未经审计。 四、 公司负责人李晋平、主管会计工作负责人王志清及会计机构负责人（会计主管人员） 王会波声明：保证本半年度报告中财务报告的真实、准确、完整。 五、 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 六、 是否存在违反规定决策程序对外提供担保的情况？ 否 1 | | | | 第一节 | 释义 3 | | --- | --- | | 第二节 | 公司简介 4 | | 第三节 | 会计数据和财务指标摘要 5 | | 第四节 | 董事会报告 7 | | 第五节 | ...

Financial Performance - Net profit attributable to shareholders decreased by 59.30% to CNY 234.01 million year-on-year[12] - Operating revenue declined by 29.67% to CNY 3.14 billion compared to the same period last year[12] - Basic and diluted earnings per share dropped by 59.20% to CNY 0.102[12] - Total operating revenue for Q1 2014 was CNY 3,142,113,250.85, a decrease of 29.7% compared to CNY 4,467,554,326.81 in the same period last year[32] - Net profit for Q1 2014 was CNY 171,928,655.82, down 65.3% from CNY 494,603,435.41 in Q1 2013[32] - Basic earnings per share for Q1 2014 was CNY 0.102, compared to CNY 0.250 in the previous year, reflecting a decline of 59.2%[33] Assets and Liabilities - Total assets increased by 0.56% to CNY 45.85 billion compared to the end of the previous year[11] - The company's total assets amounted to CNY 45.85 billion, an increase from CNY 45.60 billion at the beginning of the year[26] - The company's current assets totaled CNY 17.90 billion, down from CNY 18.72 billion at the beginning of the year, with cash and cash equivalents slightly increasing to CNY 7.77 billion[24] - The company's long-term investments rose significantly to CNY 1.60 billion from CNY 750 million at the beginning of the year, indicating strategic growth in this area[24] - The company's total liabilities decreased to CNY 28.12 billion from CNY 28.28 billion, reflecting improved financial management[26] - Total liabilities decreased to CNY 15,245,746,925.06 from CNY 15,568,184,809.98, indicating a reduction of 2.1%[30] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 224.81 million, compared to a negative CNY 133.54 million in the previous year[12] - Cash flow from operating activities generated a net amount of CNY 224,810,223.09, a significant improvement compared to a negative cash flow of CNY -133,540,485.35 in the same period last year[38] - Total cash inflow from operating activities was 2,166,677,428.23 RMB, down from 4,368,237,514.19 RMB in Q1 2013[42] - The company reported a net cash flow from investment activities of -719,533,029.15 RMB, worsening from -465,706,182.78 RMB in the previous year[42] - The net increase in cash and cash equivalents for Q1 2014 was -237,403,357.24 RMB, a decline from an increase of 2,078,935,279.89 RMB in Q1 2013[43] Shareholder Information - The total number of shareholders reached 119,707 as of the report date[15] - The largest shareholder, Shanxi Lu'an Mining (Group) Co., Ltd., holds 61.34% of the shares[15] Strategic Initiatives - The company plans to gradually inject coal assets into the listed company over the next five to ten years, enhancing its operational focus on coal mining[20] - The company signed an agreement with the controlling shareholder to avoid competition, committing to purchase coal products at no more than third-party market prices[21] - The company has integrated multiple coal mining projects, including the Tunliu Mine Project and 19 other integrated mines, into its operations through financing and resource consolidation[21] - The company plans to continue acquiring coal production assets based on financial strength and market opportunities, indicating a proactive growth strategy[21] Operational Metrics - Significant increases in inventory were noted, attributed to an increase in coal stock[19] - Operating costs for Q1 2014 were CNY 2,889,503,255.29, down 23.6% from CNY 3,789,868,369.02 in Q1 2013[32] - The company reported an investment income of CNY 22,024,629.50, slightly up from CNY 21,923,248.15 in the previous year[32] - The company’s financial expenses rose to CNY 102,683,289.78 from CNY 69,961,089.52, an increase of 46.7% year-on-year[32] - Cash outflow for investment activities reached 1,753,348,029.15 RMB, up from 781,507,952.27 RMB year-over-year[42] - Cash outflow for debt repayment was 890,951,587.56 RMB, an increase from 506,171,092.38 RMB year-over-year[43]