证券代码：601898 证券简称：中煤能源 公告编号：2023-022 中国中煤能源股份有限公司 关于接待投资者调研情况的公告 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法律责任。 重要内容提示： 1 本公告全文已于本公告日刊载于上海证券交易所网站、香港联合交易所有限 公司网站、本公司网站、中国证券报、上海证券报、证券时报和证券日报。 中国中煤能源股份有限公司于 2023 年 5 月 26 日通过现场交流的形式接待了 投资者调研，现将情况公告如下： 一、 调研情况 调研时间：2023 年 5 月 26 日 调研地点：中煤平朔集团有限公司 调研方式：现场交流 调研机构名称（排名不分先后）：首创证券、民生证券、长江证券、兴业证 券、开思基金、幸福人寿、渤海证券、上海雅策资管、太平资管、上海胤胜资管、 深圳华安合鑫私募证券基金、东方证券、山东铁路发展基金、中盛晨嘉私募证券 基金、广发证券、德邦证券、国泰君安、富国基金、海通证券、开源证券、国盛 证券、国新投资、国寿资产、太平洋保险、安信证券、上海银叶投资、摩根基金、 中金资管、国寿养老、景 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 59,158,383, a decrease of 4.2% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 7,155,268, representing an increase of 5.3% year-on-year[4] - The net cash flow from operating activities reached CNY 11,098,196, up by 11.3% compared to the previous year[4] - The company reported a basic earnings per share of CNY 0.54, which is a 5.9% increase year-on-year[4] - Net profit for Q1 2023 reached CNY 9,422,617, slightly up from CNY 9,410,870 in Q1 2022, representing a growth of 0.1%[22] - Profit attributable to shareholders of the parent company was CNY 7,155,268, an increase of 5.4% compared to CNY 6,792,681 in Q1 2022[22] - Earnings per share for Q1 2023 was CNY 0.54, compared to CNY 0.51 in Q1 2022, reflecting a growth of 5.9%[22] Revenue and Sales - In Q1 2023, the company's coal business achieved operating revenue of 50.744 billion RMB, a decrease of 2.5% from 53.612 billion RMB in the same period last year[9] - The sales revenue from self-produced coal was 21.842 billion RMB, down 2.5% year-on-year, primarily due to a decrease in sales price by 56 RMB/ton[9] - The total sales volume of self-produced coal increased by 1.76 million tons, contributing an additional revenue of 1.283 billion RMB[9] - The total coal sales volume was 7,477 million tons, up 7.5% from 6,957 million tons in the same period last year[6] - The sales volume of urea increased to 6.45 million tons, with a sales price of 2,718 RMB/ton, reflecting a year-on-year increase of 4.7% in sales price[13] - The company reported a significant increase in the sales volume of ammonium nitrate to 1.21 million tons, with a sales price of 2,459 RMB/ton, down 10.0% year-on-year[13] Costs and Expenses - The operating cost of the coal business was 37.512 billion RMB, a reduction of 7.7% compared to 40.620 billion RMB last year[9] - Material costs decreased by 14.8% to 5.105 billion RMB, while labor costs fell by 15.7% to 3.619 billion RMB[12] - The unit sales cost of self-produced coal decreased to 272.55 RMB/ton, down 12.9% from 313.05 RMB/ton in the previous year[11] - The company reported a financial expense of CNY 742,759, down 24.3% from CNY 981,488 in Q1 2022[21] - The company incurred financial expenses of CNY 277,405 in Q1 2023, a decrease of 25.4% from CNY 372,103 in Q1 2022[29] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 348,420,972, reflecting a 2.4% increase from the end of the previous year[4] - The total current assets as of March 31, 2023, amount to 133,165,919 thousand RMB, an increase from 123,911,042 thousand RMB at the end of 2022[18] - The total liabilities as of March 31, 2023, amount to 101,557,925 thousand RMB, a decrease from 104,998,190 thousand RMB at the end of 2022[19] - The cash and cash equivalents as of March 31, 2023, are 95,532,665 thousand RMB, up from 91,025,520 thousand RMB at the end of 2022[18] - The company's total liabilities reached RMB 60,137,313 thousand, compared to RMB 59,325,946 thousand at the end of 2022, indicating an increase in leverage[26] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 126,715[15] - The largest shareholder, China Coal Energy Group Co., Ltd., holds 7,605,207,608 shares, representing 57.36% of total shares[15] Cash Flow - In Q1 2023, the company reported operating cash inflow of RMB 64,483,204 thousand, slightly up from RMB 64,340,380 thousand in Q1 2022, reflecting a growth of 0.22%[23] - The company experienced a decrease in cash inflow from investment activities, reporting a net cash outflow of RMB 3,527,912 thousand, compared to RMB 8,173,976 thousand in Q1 2022[24] - Cash flow from financing activities showed a net outflow of RMB 5,120,759 thousand, a significant increase from RMB 311,895 thousand in the previous year[24] Strategic Focus - The company is focusing on optimizing its cost structure, with a notable reduction in transportation and miscellaneous expenses by 14.7%[12] - The company plans to focus on market expansion and new product development in the upcoming quarters[30] - The company has no significant new product or technology developments reported in the current quarter[17] - There are no significant mergers or acquisitions reported during the reporting period[17]

证券代码：601898 证券简称：中煤能源 公告编号：2023-016 中国中煤能源股份有限公司 关于召开 2023 年第一季度业绩说明会的预告公告 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： （一）音频直播及网络互动方式： "进门财经"网址：https://s.comein.cn/ANRcr Webcast Link(English): https://s.comein.cn/ANVi3 （二）电话会议方式： 大陆：4001-888-938 香港：+852-30183474，台湾：+886-277031747，美国：+1-2025524791 国际：+86-1053827720 会议密码：601898（中文）001898（英文同传） 提问预征集方式： 投资者可于 2023 年 5 月 4 日 15:00 前，将需要了解的情况和关注的问题以电 子邮件形式发送至公司邮箱（IRD@chinacoal.com）。 1 本公告全文已于本公告日刊登于上海证券交易所网站、香港联合交易所有限 公司网站、本公司网站、中国证 ...

Financial Performance - The net profit attributable to shareholders for the year ended December 31, 2022, was CNY 19,719,469,000 under IFRS and CNY 18,240,535,000 under Chinese GAAP[2]. - The company proposed a cash dividend of CNY 5,472,160,500, which is 30% of the net profit under Chinese GAAP, translating to CNY 0.413 per share (including tax)[2]. - The company's operating revenue for 2022 was CNY 220,576,859, a decrease of 8.0% compared to CNY 239,828,439 in 2021[13]. - Net profit attributable to shareholders for 2022 was CNY 18,240,535, an increase of 32.8% from CNY 13,739,271 in 2021[13]. - The net cash flow from operating activities for 2022 was CNY 43,634,064, down 9.3% from CNY 48,096,562 in 2021[13]. - The total assets at the end of 2022 were CNY 340,109,262, reflecting a 5.4% increase from CNY 322,610,395 at the end of 2021[13]. - The basic earnings per share for 2022 was CNY 1.38, up 32.7% from CNY 1.04 in 2021[14]. - The weighted average return on equity for 2022 was 14.88%, an increase of 2.17 percentage points from 12.71% in 2021[14]. - The total net assets attributable to shareholders at the end of 2022 were CNY 130,764,501, a 14.4% increase from CNY 114,345,615 at the end of 2021[15]. - The company achieved an annual revenue of 220.577 billion CNY and a net profit of 18.241 billion CNY in 2022, with a cash net inflow from operating activities of 40.049 billion CNY[24]. Operational Highlights - The company produced 119.17 million tons of self-produced commercial coal, a 4.4% increase year-on-year[20]. - The coal chemical business achieved a production volume of 5.667 million tons, growing by 3.4% year-on-year[20]. - The total sales volume of coal was 262.95 million tons, a decrease of 14.3% year-on-year, while self-produced coal sales increased by 7.3% to 120.34 million tons[28][29]. - The gross profit from coal production was 48.43 billion CNY, an increase of 115.46 billion CNY year-on-year, while the coal chemical segment achieved a gross profit of 3.028 billion CNY, up by 4.43 billion CNY[24]. - The company completed the production of 5.667 million tons of major coal chemical products, with a year-on-year growth of 3.4%[31][32]. - The company’s coal mining equipment output value reached 9.96 billion RMB in 2022, a year-on-year increase of 5.3%[34]. - The company achieved a total sales revenue of 10.61 billion RMB in coal mining equipment, with major conveying products contributing 42.6% and major support products contributing 33.5%[35]. Investment and Capital Expenditure - The company plans to continue expanding its market presence and invest in new technologies to enhance operational efficiency[16]. - The company’s total capital expenditure was 9.271 billion yuan, achieving 63.03% of the planned 14.708 billion yuan[98]. - The company completed 6.704 billion yuan in capital expenditure for coal production, which is 65.74% of the planned 10.198 billion yuan[100]. - The total investment for the Dahuize coal mine and its associated washing plant project is 12.979 billion yuan, with 1.731 billion yuan invested in 2022, bringing the cumulative investment to 12.715 billion yuan[101]. - The company plans a capital expenditure of 18.38% increase to CNY 18.02 billion in 2023 compared to 2022, with major investments in coal, coal chemical, electricity, and new energy sectors[120]. Governance and Compliance - The audit report issued by Ernst & Young Huaming was a standard unqualified opinion, ensuring the reliability of the financial statements[2]. - The board of directors confirmed that all members attended the board meeting, ensuring governance and oversight[2]. - There were no non-operating fund occupations by controlling shareholders or related parties reported[2]. - The company has no violations of decision-making procedures regarding external guarantees[2]. - The company established a governance structure with clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[135]. - The supervisory board will continue to uphold the interests of the company and shareholders in 2023[134]. - The company has not reported any changes in the shareholding of directors, supervisors, and senior management during the reporting period[140]. Environmental and Social Responsibility - The company invested ¥188,211,000 in environmental protection during the reporting period[180]. - The company has focused on ecological restoration and sustainable mining practices to align with modern ecological civilization[186]. - The company has implemented comprehensive air pollution control measures, including VOCs management and dust control in open-pit mining[186]. - The company has established emergency response plans for environmental incidents in compliance with national regulations[188]. - The company has made significant contributions to local communities through various charitable donations and support initiatives[198]. - The company is committed to green and low-carbon development, focusing on enhancing efficiency and transitioning to low-carbon technologies[196]. Future Outlook - The company plans to continue enhancing its employee training programs, with approximately 74,000 training sessions conducted throughout the year[166]. - The company is considering strategic acquisitions to enhance its supply chain efficiency, with a budget of 1 billion RMB allocated for potential mergers[152]. - The company plans to produce and sell over 125 million tons of coal, 1.4 million tons of polyolefin products, and 1.9 million tons of urea in 2023[111]. - The company aims to enhance energy supply capabilities by optimizing production tasks and stabilizing external coal market scales[111]. - The company is actively pursuing a strategy of multi-energy complementary clean energy development, including wind and solar projects[110].

证券代码：601898 证券简称：中煤能源 公告编号：2023-006 关于召开 2022 年度业绩说明会的预告公告 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： （一）音频直播及网络互动方式： 上证路演中心网址：http://roadshow.sseinfo.com/ "进门财经"网址：https://s.comein.cn/ANfsK （二）电话会议方式： 大陆：010-53827720，4001-888-938 香港：+852-30183474，台湾：+886-277031747，美国：+1-2025524791 中国中煤能源股份有限公司 会议密码：601898（中文）001898（英文同传） 提问预征集方式： （一）网络预征集方式： 1 本公告全文已于本公告日刊登于上海证券交易所网站、香港联合交易所有 限公司网站、本公司网站、中国证券报和证券日报。 会议召开时间：2023 年 3 月 24 日（星期五）下午 15:00-16:30 会议召开方式：电话会议、音频直播、网络互动 投资者可于 2023 年 ...

2022 年第三季度报告 单位：千元 币种：人民币 证券代码：601898 证券简称：中煤能源 中国中煤能源股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 年初至 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------|------------|-------------------|------------|---------------------------------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 reached CNY 118,038,729, representing a 15.5% increase compared to CNY 102,179,485 in the same period last year[13]. - Net profit attributable to shareholders was CNY 13,376,767, a significant increase of 75.7% from CNY 7,615,078 in the previous year[13]. - The net cash flow from operating activities was CNY 20,122,182, showing a slight decrease of 2.0% compared to CNY 20,531,952 in the same period last year[13]. - The company's total assets increased by 3.2% to CNY 333,041,260 from CNY 322,610,395 at the end of the previous year[13]. - Basic earnings per share rose to CNY 1.01, up 77.2% from CNY 0.57 in the same period last year[14]. - The weighted average return on equity increased to 11.00%, up 3.82 percentage points from 7.18% in the previous year[14]. - The total profit reached 23.657 billion yuan, representing a year-on-year growth of 78.3%, while net profit was 13.377 billion yuan, up 75.7% year-on-year[19]. - The company's coal production reached 59.23 million tons, an increase of 4.4% compared to the same period last year[22]. Risk Management - The company faces risks related to macroeconomic fluctuations, product price volatility, safety production, project investment, environmental protection, rising costs, and exchange rate risks[2]. - The company is committed to strengthening risk management and enhancing ecological governance, with no significant environmental incidents reported[19]. - The company emphasizes the importance of investor awareness regarding future plans and associated risks[1]. Environmental Responsibility - The company is committed to achieving carbon peak and carbon neutrality goals as part of its environmental responsibility[74]. - The company has implemented a comprehensive ecological and environmental management system, actively promoting green development and pollution prevention measures[74]. - The company has invested continuously in pollution control and ecological environment governance, with key ecological indicators showing improvement[74]. - The company has established a carbon emission management system, achieving over 99% coverage of carbon emissions data from major sources[90]. - The company has achieved a land reclamation area of over 50,000 acres in the Pingluo mining area, with vegetation coverage increasing from less than 10% to over 90%[90]. Shareholder Information - The company reported no interim profit distribution for 2022 and has no plans for capital reserve conversion into share capital[1]. - The largest shareholder, China Coal Energy Group, holds 57.36% of the shares[104]. - The number of shareholders reached 115,443 by the end of the reporting period[104]. - The company has not experienced any changes in share capital structure during the reporting period[104]. Corporate Governance - The board of directors confirmed that all members attended the board meeting, ensuring the report's authenticity and completeness[1]. - The report is unaudited, and the management has declared the financial report's truthfulness and accuracy[1]. - There are no violations of decision-making procedures regarding external guarantees[1]. - The company has not engaged in non-operational fund occupation by controlling shareholders or related parties[1]. Capital Expenditure and Investments - The company’s capital expenditure plan for 2022 is 147.08 billion RMB, with 17.64 billion RMB completed in the first half, representing 11.99% of the annual plan[62]. - The company completed external equity investments totaling 0.19 million yuan in the first half of the year, primarily for follow-up payments on equity investment projects[65]. - The company has increased its production capacity by 1,210,000 tons per year, with specific approvals for additional capacity at various mines[69]. Financial Position - The company's total liabilities decreased to RMB 1740.09 billion, a reduction of 3.1%[36]. - The company's total equity increased to 1590.32 billion RMB, an increase of 11.2% from the end of 2021[60]. - The company's cash and cash equivalents rose to 80.13 billion RMB, compared to 72.92 billion RMB at the end of the previous year[122]. Research and Development - Research and development expenses increased by 47.0% to 3.16 billion RMB, reflecting the company's commitment to enhancing technological innovation[41]. - The company is actively pursuing technological innovation and digital transformation to improve operational efficiency and reduce costs[32]. Related Party Transactions - The company signed a financial service framework agreement with China Coal Group, with a loan daily balance (including accrued interest) of RMB 39.54 billion, accounting for 3.3% of the annual transaction limit of RMB 90 billion[97]. - The company reported a total of RMB 19.55 million in sales to related parties under the comprehensive raw materials and services mutual supply framework agreement, which is 1.7% of the annual transaction limit of RMB 45 million[97]. Compliance and Legal Matters - The company has no significant litigation or arbitration matters during the reporting period[96]. - The company has appointed Ernst & Young as its auditor for the 2022 interim financial report and annual audit[96].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 61,729,684, an increase of 33.5% compared to RMB 44,442,528 in the same period last year[2] - Net profit attributable to shareholders for Q1 2022 reached RMB 6,792,681, reflecting a significant increase of 93.1% from RMB 3,509,206 in the previous year[2] - The net cash flow from operating activities was RMB 9,969,791, up 62.7% from RMB 5,835,827 in Q1 2021[2] - The basic earnings per share for Q1 2022 was RMB 0.51, an increase of 88.9% compared to RMB 0.26 in the same period last year[2] - The weighted average return on equity for Q1 2022 was 5.76%, an increase of 2.35 percentage points from 3.41% in the same period last year[2] - The net profit excluding non-recurring gains and losses rose by 94.8%, reflecting similar factors as above[9] - Total operating revenue for Q1 2022 reached CNY 61,729,684, an increase of 33.6% compared to CNY 46,235,922 in the same period last year[23] - Net profit for Q1 2022 was CNY 9,410,870, representing a 99.0% increase from CNY 4,714,226 in Q1 2021[24] - Total comprehensive income for Q1 2022 reached CNY 9,420,784, up from CNY 4,703,131 in the same period last year, representing a growth of 100.0%[25] Production and Sales - The total coal production for Q1 2022 was 3,049,000 tons, a 6.2% increase from 2,872,000 tons in Q1 2021[5] - The total coal sales volume decreased by 9.3% to 6,957,000 tons from 7,671,000 tons in the previous year[6] - The production of methanol increased significantly by 108.7% to 50,500 tons compared to 24,200 tons in Q1 2021[6] - The sales revenue from coal business reached CNY 53.612 billion, a 39.3% increase compared to CNY 38.499 billion in the same period last year[12] - In Q1 2022, the sales volume of polyolefins was 329,000 tons, a decrease of 14.8% compared to 386,000 tons in Q1 2021, while the average selling price increased by 3.5% to RMB 7,703 per ton[16] - Urea sales volume was 598,000 tons, down 6.1% from 637,000 tons in Q1 2021, with a significant price increase of 34.7% to RMB 2,596 per ton[16] - Methanol sales volume surged by 102.9% to 493,000 tons, with the average selling price rising by 16.3% to RMB 1,858 per ton[16] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to RMB 338,020,879, representing a 4.7% increase from RMB 321,738,497 at the end of the previous year[3] - The company's total equity attributable to shareholders increased by 6.5% to RMB 121,629,753 from RMB 113,786,250 at the end of the previous year[3] - Total liabilities for Q1 2022 were CNY 184,904,222, an increase from CNY 179,822,923 year-over-year[23] - The company reported a significant increase in accounts payable, which rose to CNY 27,596,348 from CNY 24,273,261[23] - Accounts receivable rose by 58.7% to CNY 12,330,500 thousand, primarily due to a significant increase in operating revenue[10] - The total current assets reached RMB 121,257,857, up from RMB 105,635,258 at the end of 2021, reflecting improved liquidity[21] Cash Flow - As of March 31, 2022, cash and cash equivalents amounted to RMB 83,748,544, an increase from RMB 73,149,409 at the end of 2021[21] - Operating cash flow for Q1 2022 was CNY 9,969,791, an increase of 62.5% from CNY 6,129,242 in Q1 2021[26] - Cash inflow from operating activities was CNY 7,598,448,000, up from CNY 5,641,854,000 in the previous year, indicating a growth of approximately 34.6%[33] - Cash inflow from investment activities totaled CNY 5,929,779,000, compared to CNY 3,111,516,000 in the same period last year, marking an increase of about 90.5%[33] - The company's cash outflow from financing activities in Q1 2022 was CNY 3,211,925, compared to CNY 9,641,954 in Q1 2021, indicating a decrease of 66.8%[27] Research and Development - Research and development expenses increased by 63.6% to CNY 133,256 thousand, as the company strengthened its investment in technological innovation[12] - Research and development expenses increased to CNY 133,256, a rise of 63.5% compared to CNY 81,433 in the previous year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 128,315, with the largest shareholder, China Coal Energy Group, holding 57.36% of the shares[18] - The diluted earnings per share for Q1 2022 was CNY 0.51, compared to CNY 0.27 in Q1 2021, marking an increase of 88.9%[25] Other Information - The company is not applying the new accounting standards for the first time in 2022[35]

2021 年年度报告 公司代码：601898 公司简称：中煤能源 中国中煤能源股份有限公司 2021 年年度报告 1 / 245 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，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、 德勤华永会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人王树东、主管会计工作负责人柴乔林及会计机构负责人（会计主管人员）郑伟 立声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 截至 2021 年 12 月 31 日止年度，公司经审计 2021 年合并财务报表归属于上市公司股东的净 利润在国际财务报告准则下为 14,714,915,000 元，在中国企业会计准则下为 13,281,908,000 元。为 保持利润分配政策的连续性和稳定性，维护企业价值和股东价值，公司董事会建议 2021 年按照中 国企业会计准则合并财务报表归属于上市公司股东的净利润 ...

Financial Performance - The net profit attributable to shareholders for the year ended December 31, 2020, was CNY 5,904,167,000 under Chinese accounting standards, with a proposed cash dividend of CNY 1,771,250,100, representing 30% of the net profit[5]. - The company plans to distribute a cash dividend of CNY 0.134 per share based on the total issued share capital of 13,258,663,400 shares[5]. - In 2020, the company's operating revenue reached CNY 140,961,304 thousand, representing a 9.0% increase compared to CNY 129,334,706 thousand in 2019[22]. - The net profit attributable to shareholders was CNY 5,904,167 thousand, a 4.9% increase from CNY 5,628,607 thousand in the previous year[22]. - The basic earnings per share for 2020 was CNY 0.45, up 7.1% from CNY 0.42 in 2019[23]. - The total assets at the end of 2020 amounted to CNY 281,686,377 thousand, reflecting a 3.3% increase from CNY 272,565,137 thousand in 2019[22]. - The net cash flow from operating activities was CNY 22,631,996 thousand, a 3.0% increase compared to CNY 21,980,611 thousand in 2019[22]. - The company achieved a total operating revenue of RMB 140.96 billion in 2020, an increase of RMB 11.63 billion or 9.0% year-on-year[62]. - The net profit attributable to shareholders of the parent company was RMB 5.90 billion, up RMB 0.28 billion or 4.9% year-on-year[62]. - The company's total profit increased by 1.4% to 12.325 billion RMB in 2020, compared to 12.151 billion RMB in 2019[104]. Risk Management - The company faces risks related to macroeconomic fluctuations, product price volatility, safety production, project investment, environmental protection, rising costs, and exchange rates, which are detailed in the report[8]. - The company emphasizes the importance of risk management, particularly in safety, environmental protection, and project investment[168][172][171]. - The company will adjust its operational plans based on actual market conditions and potential risks from external factors[163]. Governance and Compliance - The company has received a standard unqualified audit report from Deloitte Huayong Accounting Firm[4]. - The board of directors guarantees the authenticity, accuracy, and completeness of the annual report, with no false records or misleading statements[9]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[6]. - The company does not have any violations in decision-making procedures for providing guarantees[6]. - The supervisory board confirmed that the financial reports were audited without any reservations, reflecting the company's financial status accurately[181]. - The supervisory board found no violations of laws or regulations by the company's directors and senior management during the reporting period[180]. - The company has committed to distributing at least 20% of its annual distributable profits as cash dividends to shareholders, based on the lower of the amounts calculated under Chinese accounting standards and international financial reporting standards[194]. Operational Highlights - The company maintained a zero infection rate among its employees during the COVID-19 pandemic while achieving significant operational performance[33]. - The company achieved a coal sales volume of 265.44 million tons in 2020, a year-on-year increase of 14.8%, with accounts receivable turnover days controlled within 10 days[44]. - The company produced and sold 147.4 million tons of polyolefins, 224.8 million tons of urea, and 68.8 million tons of methanol in 2020, with a 100% collection rate for receivables[47]. - The company completed a coal production of 110 million tons, an increase of 8.17 million tons year-on-year, and a growth of 15.3% compared to 2015[34]. - The company achieved a total coal production of 110.01 million tons and sales of 111.05 million tons, exceeding its annual production and operation plan[160]. Investment and Capital Expenditure - The company completed capital expenditures of 10.411 billion RMB, achieving 76.18% of the planned 13.666 billion RMB[137]. - The company invested 3.16 billion RMB in external equity investments during 2020, primarily for local coal mine integration and capital contributions[144]. - The capital expenditure plan for 2021 is set at 11.789 billion yuan, a decrease of 1.877 billion yuan (13.73%) compared to 2020[164]. - The investment in coal is planned at 9.046 billion yuan, which is an increase of 8.86% from the previous year's completion of 8.31 billion yuan[166]. Future Outlook - The company plans to continue optimizing its industrial structure and accelerating the layout of new energy projects in 2021, aiming for high-quality development[38]. - The company aims to become a world-class clean energy supplier and service provider, focusing on safety, green production, and high-efficiency utilization[157]. - The company plans to enhance its marketing capabilities to optimize regional coal resource integration and increase revenue generation[161]. - The company plans to produce and sell over 105 million tons of self-produced coal, 1.4 million tons of polyolefin products, and 2 million tons of urea in 2021[161].