Group 1 - The stock price of Xinji Energy is reported at 6.56 yuan as of August 18, 2025, remaining unchanged from the previous trading day [1] - The opening price for the day was 6.58 yuan, with a high of 6.61 yuan and a low of 6.54 yuan, resulting in a trading volume of 2.19 billion yuan [1] - Xinji Energy is primarily engaged in coal mining and power generation, making it one of the important energy companies in Anhui Province, with business activities including coal production, sales, and thermal power generation, as well as exploration in the renewable energy sector [1] Group 2 - The company announced that it will hold a semi-annual performance briefing on August 26, 2025, where investors can pay attention to operational conditions and future development plans [1] - On August 18, there was a net outflow of 7.63 million yuan in main funds, with a cumulative net outflow of 46.62 million yuan over the past five days [1]

证券日报网讯8月18日晚间，新集能源（601918）发布公告称，公司计划于2025年08月26日(星期 二)09：00-10：00举行2025年半年度业绩说明会。 ...

证券代码:601918 证券简称:新集能源 编号:2025-038 中煤新集能源股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 一、说明会类型 1 重要内容提示： ● 会议召开时间：2025 年 08 月 26 日（星期二）09:00-10:00 ● 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 ● 投资者可于 2025 年 08 月 19 日（星期二）至 08 月 25 日（星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 xjnyir@chinacoal.com 进行提问。公司将在说明会上对 投资者普遍关注的问题进行回答。 中煤新集能源股份有限公司（以下简称"公司"）将于 2025 年 08 月 23 日发布公司 2025 年半年度报告。为便于广大投资者更全面深 入地了解公司 2025 年半年度的经营成果及财务状况，公司计 ...

Investment Rating - The report maintains an "Overweight" rating for the coal mining industry [6]. Core Views - The report suggests that coal prices are likely to end the year at their highest point due to increased regulatory checks on production, resilient demand, and potential capacity increases disrupting market expectations [4][11]. Summary by Sections Market Review - The CITIC Coal Index was at 3,523.37 points, down 0.77%, underperforming the CSI 300 Index by 3.14 percentage points, ranking 27th among CITIC sectors [3][83]. Production and Supply - In July, the average daily output of raw coal in China hit a new low since July 2023, marking the first year-on-year decline since May 2024 [2]. - The report highlights that the National Energy Administration's recent measures to check overproduction are crucial for stabilizing coal prices, indicating long-term supply risks [2][3]. Price Trends - Coal prices saw a significant rebound after hitting a low of 618 CNY/ton in mid-June, driven by seasonal demand and regulatory news [3]. - As of August 15, the price of thermal coal at North Port was reported at 696 CNY/ton, reflecting a week-on-week increase of 15 CNY/ton [9][39]. Demand Dynamics - The report notes that while downstream demand remains stable, the enthusiasm for purchasing coal has diminished due to rising prices, leading to a cautious approach from coal mines [9][40]. - The report emphasizes that the overall demand from downstream industries, including metallurgy and chemicals, remains stable despite fluctuations in coal prices [18]. Strategic Recommendations - The report recommends focusing on companies with strong earnings potential, such as China Shenhua, Shaanxi Coal and Chemical Industry, and others, highlighting their resilience in the current market [12]. - It also suggests monitoring the impact of regulatory measures on production and the potential for increased imports of coal [11][12]. Inventory and Stock Levels - The report indicates that coal inventories at ports have been declining, with a total of 2,364 million tons reported as of August 15, down 102 million tons week-on-week [22]. - The report also notes that the overall inventory levels in the coal market remain low, which supports price stability [47].

| | | 年 2025 | | 月 | | 08 | 日 | 行业研究 评级：推荐(维持) | 17 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 研究所： | | | | | | | | [Table_Title] 查超产影响下供给恢复偏慢， | | | 证券分析师： | | 陈晨 | S0350522110007 | | | | | | | | | | | | | | chenc09@ghzq.com.cn | | | | | 联系人 | ： | 张益 | S0350124100016 | | | | | 煤炭基本面旺季强势依旧 | | | | | | | | | zhangy33@ghzq.com.cn | | | | | 联系人 | ： | 徐萌 | S0350125070001 | | | | | | | | | | | | | xum02@ghzq.com.cn | | | ——煤炭开采行业周报 | | 最近一年走势 | 行业相对表现 | | | 2025/08/15 | | --- | --- | --- | ...

足及五光 煤炭/ 1 - 7 - 7 - 1 - 2 - 2025 年 08 月 17 日 主产地供应偏紧, 旺季度同刻原 价预计仍将上涨;看好需求恢复 鳥煤价格再次回升 煤炭行业周报 (2025.8.9-2025.8.15) 寿研究报 证券分析师 严天鹏 A0230524090004 yantp@swsresearch.com 闫海 A0230519010004 yanhai@swsresearch.com 施佳瑜 A0230521040004 shijy@swsresearch.com 研究支持 施佳瑜 A0230521040004 shijy@swsresearch.com 联系人 施佳瑜 (8621)23297818× shijy@swsresearch.com 申万宏源研究微信服务号 本期投资提示: 动力煤方面,截至 8 月 15 日,据中国煤炭市场网,秦皇岛港口 Q4500、Q5000、 Q5500 动力煤现货价收报 559、643、698 元/吨,环比上涨 5、14、16 元/吨。供给端, 据中国煤炭市场网，环渤海四港区本周日均调入量 164.77 万吨，环比上周增加 2.83 万 吨、涨幅 1 ...

煤炭 2025 年 08 月 17 日 动力煤有望越过 700 剑指 750 元，煤炭布局稳扎稳打 ——行业周报 投资评级：看好（维持） 行业走势图 数据来源：聚源 -24% -12% 0% 12% 24% 36% 2024-08 2024-12 2025-04 煤炭 沪深300 相关研究报告 《动力煤有望修复第二目标 700 元， 煤炭布局稳扎稳打 —行业周报》- 2025.8.10 《煤价上涨即将修复央企长协，煤炭 布局稳扎稳打—行业周报》-2025.8.3 《煤炭基本面利多持续，拐点右侧布 局 进 行 时 — 行 业 点 评 报 告 》- 2025.7.28 张绪成（分析师） zhangxucheng@kysec.cn 证书编号：S0790520020003 本周要闻回顾：动力煤有望越过 700 元剑指 750 元 动力煤方面：动力煤价格持续反弹，截至 8 月 15 日，秦港 Q5500 动力煤平仓价为 698 元/吨，今年上半年最低价格为 609 元，已累计上涨 14.61%。目前动力煤基本 面持续利多：从供给端来看，国内生产方面，主产区受查超产和降雨影响，叠加大 矿竞拍热情上涨，产地货源供应偏弱，截 ...

Investment Rating - The report maintains a "Recommended" rating for the coal mining industry [1] Core Viewpoints - The coal mining industry has seen an unexpected improvement in fundamentals as of July 2025, with significant changes in production and demand dynamics [2][7] - The report highlights a notable decline in coal production and imports in July, alongside a significant increase in thermal power demand due to high temperatures [11][30] - The overall supply of coal has contracted, while demand from key sectors such as electricity generation has shown signs of recovery [12][50] Summary by Sections Recent Trends - The coal mining sector's performance over the last month shows a 6.8% increase over one month, a 3.5% increase over three months, but a 5.2% decrease over twelve months [4] Supply Dynamics - In July 2025, the production of raw coal decreased by 3.8% year-on-year, with a daily average production of 12.29 million tons, reflecting a month-on-month reduction of 1.746 million tons per day [19][21] - The report notes that coal imports in July 2025 were 35.609 million tons, down 23% year-on-year, indicating a tightening supply [9][29] Demand Dynamics - The demand for thermal power increased significantly in July, with a year-on-year growth of 4.3%, marking a 3.2 percentage point increase from June [11][30] - The report estimates that the four major industries (electricity, steel, chemicals, and construction materials) contributed to a 3.8% year-on-year increase in coal consumption in July [50] Inventory Management - By the end of July, coal inventories at production enterprises decreased by 168,000 tons to 4.096 million tons, indicating effective inventory management [51][52] Investment Recommendations - The report suggests focusing on stable companies such as China Shenhua, Shaanxi Coal, and China Coal Energy, as well as companies with greater elasticity in thermal coal like Yanzhou Coal and Jinneng Holding [12][14]

8月13日，中国华能、国家电投、国家能源集团三家央企分别与哈电集团进行高层会谈。 8月13日，国家电投集团党组书记、董事长刘明胜，总经理、党组副书记栗宝卿在总部与哈电集团董事长、党委书记黄伟，总经理、党委副书记刘清勇会 谈，就进一步深化务实合作进行交流。 温枢刚对黄伟一行的到来表示欢迎，对哈电集团长期以来给予中国华能的支持与帮助表示感谢，并简要介绍了中国华能生产经营、绿色发展等情况。温枢 刚表示，哈电集团是中国华能的战略合作伙伴，双方保持着良好合作关系。希望双方继续深入贯彻落实能源安全新战略，巩固现有合作基础，在清洁能源 发电、煤电低碳化改造等方面深化合作，推动联合创新向更深层次发展，共同为构建新型能源体系和新型电力系统贡献力量。 黄伟感谢中国华能对哈电集团一直以来的支持，并简要介绍了哈电集团经营发展、科技创新等情况。黄伟表示，哈电集团积极服务国家重大战略，全力推 动装备制造业高端化、智能化、绿色化发展。希望双方充分发挥各自优势，进一步加强沟通交流，围绕水电、核电、火电等方面深化合作，实现高水平的 互利共赢。 国家电投集团与哈电集团座谈 温枢刚张文峰会见哈电集团董事长黄伟、总经理刘清勇 8月13日，中国华能集 ...

Core Viewpoint - The company announced the implementation of its annual profit distribution plan for 2024, which includes a cash dividend of 0.16 yuan per share, approved at the shareholders' meeting on June 26, 2025 [2][4]. Distribution Details - The cash dividend distribution is based on a total share capital of 2,590,541,800 shares, resulting in a total cash dividend payout of 414,486,688 yuan [4]. - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [3]. Implementation Method - The cash dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, with shareholders who have completed designated transactions able to receive their dividends on the payment date [5]. - For shareholders who have not completed designated transactions, the dividends will be held by the China Securities Depository and Clearing Corporation Limited until the transactions are completed [5]. Taxation Information - Individual shareholders holding shares for less than one month will incur a 20% tax on dividends, while those holding for more than one month but less than one year will incur a 10% tax [9]. - For qualified foreign institutional investors (QFII), a 10% tax will be withheld, resulting in a net dividend of 0.144 yuan per share [10]. - Hong Kong investors through the Stock Connect will also receive a net dividend of 0.144 yuan per share after a 10% tax withholding [10]. Contact Information - For inquiries regarding the distribution, shareholders can contact the company's securities affairs department at 0554-8661819 [11].