证券代码：601898 证券简称：中煤能源 公告编号：2024-035 中国中煤能源股份有限公司 2024 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： 一、 会议召开和出席情况 2. 公司在任监事 3 人，出席 3 人； 3. 公司董事会秘书姜群出席了本次会议；其他高级管理人员列席了本次会议。 中国中煤能源股份有限公司 2024 年第一次临时股东大会（简称"本次股东 大会"或"本次会议"）以现场投票与网络投票相结合方式，通过中国证券登记 结算有限责任公司的网络投票系统进行网络投票，出席会议的股东和股东代理人 具体情况如下： | 1.出席会议的股东和代理人人数 | 10 | | --- | --- | | 其中：A 股股东人数 | 9 | 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、上海证券报、证券时报和证券日报。 本次会议是否有否决议案：无 (一) 股东大会召开的时间：2024 年 8 月 23 日 (二) 股东大会召开 ...

Financial Performance - In the first half of 2023, the company's revenue was RMB 109.36 billion, a decrease of RMB 8.68 billion (7.4%) compared to the same period in 2022[1]. - The profit attributable to shareholders for the first half of 2023 was RMB 12.73 billion, down RMB 1.80 billion (12.4%) year-on-year[1]. - Basic earnings per share for the first half of 2023 were RMB 0.96, a decrease of RMB 0.14 compared to RMB 1.10 in the same period of 2022[3]. - EBITDA for the first half of 2023 was RMB 26.38 billion, a decrease of RMB 2.70 billion (9.3%) from the previous year[1]. - The company did not declare an interim dividend for 2023[1]. - Gross profit for the first half of 2023 was RMB 23.95 billion, down from RMB 28.58 billion in the same period of 2022[2]. - Operating profit for the first half of 2023 was RMB 20.71 billion, compared to RMB 23.87 billion in the same period of 2022[2]. - Total revenue for the first half of 2023 was RMB 109,356,726 thousand, a decrease of 7.1% compared to RMB 118,038,729 thousand in the same period of 2022[17]. - Operating profit for the first half of 2023 was RMB 20,706,646 thousand, down from RMB 23,870,448 thousand in the first half of 2022, representing a decline of 13.1%[17]. - The company reported a pre-tax profit of RMB 21,192,436 thousand for the first half of 2023, compared to RMB 24,990,917 thousand in the same period of 2022, reflecting a decrease of 15.1%[17]. Assets and Liabilities - Total assets as of June 30, 2023, amounted to RMB 346.55 billion, an increase from RMB 339.73 billion as of December 31, 2022[4]. - Non-current assets totaled RMB 219.22 billion as of June 30, 2023, compared to RMB 215.82 billion at the end of 2022[4]. - Cash and cash equivalents were RMB 30.79 billion as of June 30, 2023, slightly up from RMB 29.99 billion at the end of 2022[4]. - As of June 30, 2023, total liabilities amounted to RMB 172,776,750 thousand, a slight decrease from RMB 174,841,441 thousand as of December 31, 2022[5]. - Non-current liabilities totaled RMB 74,426,369 thousand, up from RMB 69,843,251 thousand year-over-year[5]. - Total equity increased to RMB 173,775,186 thousand from RMB 164,888,788 thousand, reflecting a growth of approximately 5.36%[5]. - The company's total assets reached RMB 346,551,936 thousand, compared to RMB 339,730,229 thousand at the end of 2022, indicating a growth of about 2.41%[5]. Market Performance - Domestic market revenue for the first half of 2023 was RMB 108,489,052 thousand, down 7.7% from RMB 117,292,121 thousand in the first half of 2022[19]. - Overseas market revenue increased to RMB 867,674 thousand in the first half of 2023, up 16.2% from RMB 746,608 thousand in the same period of 2022[19]. - The company reported a significant decrease in operating profit margin, which fell to 18.9% in the first half of 2023 from 20.0% in the same period of 2022[17]. Production and Sales - The company's coal production reached 67.12 million tons, an increase of 7.89 million tons year-on-year[37]. - The sales volume of self-produced coal was 6,485,000 tons, with an average selling price of CNY 624 per ton, reflecting a decrease of CNY 128 per ton year-on-year[49]. - The sales revenue from self-produced coal dropped to CNY 40.47 billion, down 8.2% from CNY 44.09 billion in the previous year[48]. - The sales revenue from purchased trade coal decreased by 8.1% to CNY 52.75 billion, primarily due to a price drop of CNY 141 per ton[48]. - The overall sales volume for the group increased to 9.16 million tons, up from 8.71 million tons in the same period last year[50]. Strategic Initiatives - The company plans to continue its strategic initiatives in financial services and equipment manufacturing to enhance overall performance and market presence[6]. - The company aims to enhance energy security supply capabilities and promote green low-carbon transformation in the second half of 2023[34]. - The company is focusing on key technological challenges and accelerating innovation capabilities to drive transformation and development[34]. - The company plans to enhance its logistics system to improve energy security capabilities[91]. - The company is actively pursuing differentiated and customized business strategies to enhance profitability[93]. Financial Management - The company approved a dividend distribution of RMB 5,475,828,000 to ordinary shareholders on June 13, 2023, compared to RMB 3,990,858,000 for the year-end dividend in 2022[24]. - The total income tax expense for the six months ended June 30, 2023, was RMB 4,477,837,000, compared to RMB 5,185,835,000 for the same period in 2022, reflecting a 14% reduction[23]. - The net financial expenses for the first half of 2023 were RMB (1,573,237,000), a significant improvement from RMB (2,035,984,000) in the same period of 2022, indicating a reduction of approximately 23%[21]. Research and Development - The company obtained 84 authorized patents in the first half of 2023, and five coal mines had seven achievements selected as typical cases for intelligent construction in the national coal mine sector[34]. - The company is actively pursuing digital transformation and the integration of big data and digital management systems to improve operational efficiency[106]. - The company emphasizes innovation-driven development, increasing R&D investment and accelerating the integration of innovative resources[106].

无意苦争春，煤化一体群芳妒 2024 年 08 月 20 日 ➢ 煤炭内生外延成长不停，高比例长协保障盈利稳定。1）内生：公司资源量 266.48 亿吨、可采储量 138.71 亿吨，平均可采年限 57 年以上，储量非常丰富， 且储产规模均位居上市公司前三。截至 2023 年末，公司拥有在产和在建煤矿 23 对，核定和权益产能分别为 16969 和 14877 万吨/年，其中，在建矿井 2 座，分 别是新疆的苇子沟煤矿和山西的里必煤矿，将于 2025 年竣工，涉及核定和权益 产能为 640 和 324 万吨/年。此外，公司参股煤矿涉及权益产能 1359 万吨/年， 2023 年相关子公司的投资收益合计 25.27 亿元，占利润总额的比重为 7.65%。 2）外延：背靠中煤集团，其 2023 年产量 2.69 亿吨，位列国内第四。2021 年 3 月，集团承诺，在 2028 年 5 月 11 日前，将存在同业竞争的资源发展公司（中 煤集团持股 100%）和华昱公司（中煤集团持股 60%）的股权注入中煤能源，即 可注入煤矿数量共 14 对，中煤集团持有其权益产能 1831 万吨/年。3）盈利： 公司动力煤长协占比 ...

证券代码：601898 证券简称：中煤能源 公告编号：2024-031 中国中煤能源股份有限公司 关于召开 2024 年半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： 上证路演中心网址：http://roadshow.sseinfo.com/roadshowList.do "进门财经"网址（中文）：https://s.comein.cn/AHcgE "进门财经"网址（英文同传）：https://s.comein.cn/AHcgQ （二）电话会议拨入方式： 大陆：4001-510-269 香港：+852-800931266，台湾：+886-277083288，美国：+1-2087016888 国际：+86-010-21377168 会议密码：601898（中文）001898（英文同传） 提问预征集方式： 1 本次业绩说明会为公司半年度业绩说明会，将针对公司 2024 年半年度业绩和 经营情况，在信息披露允许的范围内就投资者普遍关注的问题进行交流。 二、 业绩说明会召开的时间和方式 本公 ...

证券代码：601898 证券简称：中煤能源 公告编号：2024-030 中国中煤能源股份有限公司 2024 年 7 月份主要生产经营数据公告 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。 | 指标项目 | 单位 | 2024 | 年 | 2023 | 年 | 变化比率（%） | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 7 月份 | 累计 | 7 月份 | 累计 | 7 月份 | 累计 | | 一、煤炭业务 | | | | | | | | | （一）商品煤产量 | 万吨 | 1,210 | 7,860 | 1,140 | 7,852 | 6.1 | 0.1 | | （二）商品煤销量 | 万吨 | 2,343 | 15,698 | 2,312 | 16,978 | 1.3 | -7.5 | | 其中：自产商品煤销量 | 万吨 | 1,134 | 7,753 | 1,184 | 7,669 | -4.2 | 1.1 | | 二、煤化工业务 | | | | ...

Investment Rating - The report maintains an "Outperform" rating for the company [1][5]. Core Views - The company demonstrates a balance of stability and growth, with potential for both marginal and long-term gains [1]. - The company has shown steady revenue and net profit growth since 2016, with 2023 revenue and net profit reaching 193 billion and 195 billion respectively, reflecting a year-on-year change of -12.5% and +7.1% [6][10]. - The company is positioned as a major player in the coal industry, with significant coal reserves and production capacity, and is actively expanding its coal chemical and equipment manufacturing businesses [6][19]. Company Overview - The company is a large state-owned enterprise engaged in coal production, trade, coal chemical, equipment manufacturing, and related services [6]. - The controlling shareholder is the China Coal Energy Group, which holds a 57.37% stake [8]. - The company has a coal production capacity of 2.78 billion tons per year and produced 243 million tons of coal in 2023, with a capacity utilization rate of 87.4% [8][10]. Coal Business - The company has abundant coal resources, with a total coal resource of 26.648 billion tons and a recoverable reserve of 1.3871 billion tons [13]. - In 2023, the company produced 134 million tons of coal, a year-on-year increase of 12.6% [15]. - The average selling price of self-produced coal in 2023 was approximately 600 yuan per ton, with a production cost of 307 yuan per ton, indicating a cost advantage [17]. Coal Chemical and Other Businesses - The coal chemical segment has a production capacity of 5.13 million tons per year, with a total output of 603.6 million tons in 2023, reflecting a year-on-year increase of 6.5% [19][21]. - The company has never reported a loss in its coal chemical segment, with cumulative revenue of 153.6 billion and gross profit of 30.7 billion since 2015 [21]. - The equipment manufacturing segment is a leading player in the domestic market, achieving a production value of 11.4 billion in 2023, a year-on-year increase of 14.8% [23]. Company Highlights - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes return on equity (ROE) and quality of earnings, promoting market value management assessments [4][25]. - The company has initiated a special dividend of 1.5 billion yuan, indicating a commitment to shareholder returns [4][27]. - The company has significant potential for organic growth in coal production, with expected increases in output in the coming years [4][29]. Profit Forecast and Cash Flow - The company is projected to achieve net profits of 19.1 billion, 20.7 billion, and 21.3 billion yuan for the years 2024 to 2026, with corresponding EPS of 1.44, 1.56, and 1.60 yuan [5][39]. - Despite cash flow pressures from capital expenditures, the company is expected to maintain a dividend payout ratio of around 50% [37].

Summary of Conference Call Industry or Company Involved - The focus is on the coal industry, specifically highlighting China Coal Energy Company (中煤能源) as a key player [1] Core Points and Arguments - The company emphasizes the importance of reallocating investments in leading coal companies, referred to as "red and green leaders" in the coal sector [1] - China Coal Energy has been specifically recommended as a key investment opportunity, which was also highlighted in the company's August stock picks [1] - The call aims to elaborate on the specific investment logic behind recommending China Coal Energy [1] Other Important but Possibly Overlooked Content - The mention of "red and green leaders" suggests a strategic focus on top-performing companies within the coal industry, indicating a potential shift in investment strategies [1]

证券代码：601898 证券简称：中煤能源 公告编号：2024-029 公司 2023 年度利润分配方案和回报股东特别分红方案经公司 2024 年 6 月 28 日的 2023 年度股东周年大会审议通过。2023 年度股东周年大会决议公告刊登于 2024 年 6 月 28 日的上海证券交易所网站、香港联交所网站和本公司网站，6 月 29 日的《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 2023 年年度及特别分红 A 股利润分派实施公告 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： 每股分配比例 A 股每股现金红利 0.555 元（含税），其中公司向全体股东派发 2023 年度现金 红利为每股 0.442 元（含税），派发特别红利为每股 0.113 元（含税）。 扣税后每股现金红利：自然人股东和证券投资基金的现金红利暂不扣缴个人所 得税，待实际转让股票时根据持股期限计算应纳税额；合格境外机构投资者 （QFII）股东的现金红利为每股 0.4995 元，沪股通香港联合交易所有 ...

中国中煤能源股份有限公司 2024 年第一次临时股东大会会议资料 2024 年 8 月 | | | | 会 | 议 须 | 知 | 1 | | --- | --- | --- | --- | | 会 | 议 议 | 程 | 2 | 中煤能源 2024 年第一次临时股东大会会议资料 会 议 须 知 为维护投资者的合法权益，保证股东大会的正常秩序和议事效 率，根据《公司法》《公司章程》等规定，特制定如下会议须知： 一、参会法人股东代表须持法人单位营业执照复印件、授权委 托书、股东账户卡、持股凭证和出席人身份证进行登记；自然人股 东本人出席会议须持本人身份证、股东账户卡、持股凭证进行登记； 委托代理人须持有授权委托书、委托人身份证或复印件、代理人身 份证、委托人股东账户卡和持股凭证进行登记。 二、本次临时股东大会采取现场与网络投票相结合的方式进行 表决，股东和股东代表以其所代表的有表决权的股份数额行使表决 权，投票的具体事宜详见公司于 2024 年 7 月 24 日发布的《中国中 煤能源股份有限公司关于召开 2024 年第一次临时股东大会的通 知》。 三、现场出席本次临时股东大会的股东和股东代表应于 2024 年 ...

证券代码：601898 证券简称：中煤能源 公告编号：2024-026 中国中煤能源股份有限公司 第五届董事会 2024 年第四次会议决议公告 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法律责任。 重要内容提示： 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、上海证券报、证券时报和证券日报。 一、 董事会会议召开情况 中国中煤能源股份有限公司第五届董事会 2024 年第四次会议通知于 2024 年 7 月 10 日以书面方式送达，会议于 2024 年 7 月 24 日以现场表决方式召开。会议 应到董事 7 名，实际出席董事 7 名，非执行董事徐倩、独立非执行董事景奉儒和 熊璐珊以视频方式参加会议，公司监事、高级管理人员等有关人员列席了会议， 公司董事长王树东为本次会议主持人。本次会议的召开程序及出席董事人数符合 《中华人民共和国公司法》等法律、法规和《公司章程》的规定。 公司董事会提名委员会已发表了同意的审核意见。 （二）通过《关于召开公司 2024 年第一次临时股东大会的议案 ...