证券代码：603393 证券简称：新天然气 公告编号：2024-053 新疆鑫泰天然气股份有限公司 第四届董事会第二十三次会议决议公告 根据新疆鑫泰天然气股份有限公司（以下简称"公司"）《董事会议事规 则》的规定，公司第四届董事会第二十三次会议的通知于 2024 年 11 月 24 日以 电话及口头方式发出，经全体董事同意，本次第四届董事会第二十三次会议于 2024 年 11 月 25 日以通讯的方式召开，因所议事项紧急，全体董事同意豁免本 次会议通知期限。本次会议应出席董事 9 人，实际出席 9 人。 本次会议由董事长明再远先生主持，公司部分监事会成员及高级管理人员 列席了会议，符合《公司法》和《公司章程》有关规定，会议合法有效。 会议审议并通过了如下决议： 一、审议《关于增加向银行申请授信额度的议案》 为归还公司下属的沁水盆地马必区块南区煤层气开发项目项下的亚美能源 控股有限公司借款，以及考虑到公司及全资子公司业务发展及战略投资需要， 公司拟增加向银行申请授信额度人民币 12 亿元，授信期限为 1 年。上述授信内 容包括但不限于流动资金借款、贸易融资、股权融资等，相应担保方式为信 用、保证、抵押及质押等。 ...

财联社11月19日讯（记者 刘越） 瞄准新疆煤炭资源，主营煤层气开采销售的新天然气（603393.SH）超 35亿元竞得新疆一煤矿探矿权，煤炭资源量1000米以浅估算超20亿吨。 新天然气今日晚间公告，控股子公司新疆明新油气勘探开发有限公司以35.23亿元竞得新疆巴里坤哈萨 克自治县三塘湖矿区七号勘查区普查煤炭资源探矿权。探矿权面积109.28平方公里，煤炭资源量1000米 以浅估算资源量20.93亿吨。 公告显示，新疆明新是由公司以控股方式（持股比例65%）与克拉玛依市富城能源集团有限公司（持股 比例35%）合资成立，其经营宗旨就是围绕新疆维吾尔自治区有关产业集群的建设要求，立足于资源禀 赋、区位优势和基础条件，聚力打造地方能源项目。 据悉，公司最初在新疆经营城燃业务，2018年收购港股亚美能源50.5%的股权，获得潘庄、马必两处煤 层气资产，主营业务由中游的城市燃气拓展到上游煤层气开采领域，2023年公司完成亚美能源私有化， 煤层气开采销售成为公司盈利的主要来源，今年上半年营收占比超七成。 今年以来，新天然气不断"增储"。1月，公司全资子公司新合投资1311万元竞得贵州丹寨1区块、2区块 页岩气勘查探矿权 ...

证券代码：603393 证券简称：新天然气 公告编号：2024-052 新疆鑫泰天然气股份有限公司 关于参与竞拍探矿权及其结果的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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、交易概述 2024 年 9 月 30 日，受新疆维吾尔自治区自然资源厅委托，新疆维吾尔自 治区政务服务和公共资源交易中心发布《2024 年新疆巴里坤哈萨克自治县淖毛 湖矿区马朗二号井田普查等 2 个探矿权挂牌出让公告》（2024-KYQCR27）。经 公司第四届董事会第二十二次会议审议批准，新疆明新参与了新疆巴里坤哈萨 克自治县三塘湖矿区七号勘查区普查煤炭资源探矿权的挂牌出让竞拍，并以约 人民币 35.23 亿元竞得，本次交易尚需提交公司股东大会审议通过后方可落地 实施。 二、探矿权基本信息 1.区块名称：新疆巴里坤哈萨克自治县三塘湖矿区七号勘查区普查； 新疆鑫泰天然气股份有限公司（以下简称"公司"）的控股子公司新疆明 新油气勘探开发有限公司（以下简称"新疆明新"）参与了新疆巴里坤哈 萨克自治县三塘湖矿区七号勘查区普查煤炭资源探矿权 ...

新疆鑫泰天然气股份有限公司（以下简称"公司"）第四届监事会第二十 一次会议的通知，于 2024 年 11 月 9 日以电子邮件的方式发出。第四届监事会 第二十一次会议于 2024 年 11 月 14 日在公司会议室召开，会议应出席监事 3 人，实到 3 人。会议由监事会主席黄敏先生主持，符合《公司法》《公司章 程》及《监事会议事规则》的有关规定。会议经审议表决，以现场表决方式一 致通过以下决议： 证券代码：603393 证券简称：新天然气 公告编号：2024-049 新疆鑫泰天然气股份有限公司 第四届监事会第二十一次会议决议公告 本公司监事会及全体监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。 经与会监事表决，审议通过该议案，并同意将该议案提交股东大会审议。 表决结果：同意票 3 票、反对票 0 票、弃权票 0 票。 三、审议《关于为控股子公司提供担保的议案》 鉴于控股子公司新疆明新拟向银行或金融机构申请融资，用于支付新疆巴 里坤哈萨克自治县三塘湖矿区七号勘查区普查探矿权出让金及补充流动资金， 同意公司为新疆明新上述融资提供不超过人民币 20 ...

证券代码：603393 证券简称：新天然气 公告编号：2024-051 新疆鑫泰天然气股份有限公司 关于对控股子公司提供担保的公告 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： 一、 担保情况概述 （一） 担保基本情况 鉴于控股子公司新疆明新拟向银行申请融资，用于支付新疆巴里坤哈 萨克自治县三塘湖矿区七号勘查区普查探矿权出让金及补充流动资金，公 司拟为新疆明新上述融资提供不超过人民币 20 亿元的担保，担保方式包括 连带责任保证担保、抵押担保、质押担保等法律法规允许的担保方式。具 体如下： | | | | 被担 | | | 新增担 | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 担保 | 保方 | 截至目 | 本次新 | 保额度 | | 否 | | | | | | | 前担保 | 增担保 | | | | 是否 | | 担保 | | 方持 | 最近 | | | 占上市 | 担保预计 | 关 | 有反 | ...

重要内容提示： 证券代码：603393 证券简称：新天然气 公告编号：2024-050 新疆鑫泰天然气股份有限公司 关于召开 2024 年第二次临时股东大会的通知 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。 网络投票起止时间：自 2024 年 12 月 5 日 至 2024 年 12 月 5 日 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024 年第二次临时股东大会 召开的日期时间：2024 年 12 月 5 日 15 点 00 分 召开地点：山西省晋城市沁水县嘉峰镇郭北村美中能源有限公司会议室 (五) 网络投票的系统、起止日期和投票时间。 股东大会召开日期：2024年12月5日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投 票系统 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 网络投票系统：上海证券交易所股东大会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时 ...

证券代码：603393 证券简称：新天然气 公告编号：2024-048 新疆鑫泰天然气股份有限公司 会议审议并通过了如下决议： 一、审议《关于参与竞拍探矿权的议案》 2024 年 9 月 30 日，新疆维吾尔自治区政务服务和公共资源交易中心发布 《2024 年新疆巴里坤哈萨克自治县淖毛湖矿区马朗二号井田普查等 2 个探矿权 挂牌出让公告》（2024-KYQCR27）。其中，拟出让的新疆巴里坤哈萨克自治县 三塘湖矿区七号勘查区普查,探矿权区块面积 109.28 平方公里，煤炭资源量 1000 米以浅估算资源量 20.93 亿吨。为进一步夯实公司自有优势能源产业的资 源储备，董事会同意通过控股子公司新疆明新油气勘探开发有限公司参与竞 拍，同时授权管理层参与本次竞拍，在董事会授权范围内缴纳保证金、确定竞 拍价格区间，并按相关程序办理竞拍相关手续、签署相关协议、文件及办理本 次竞拍的其他具体事宜。 鉴于竞拍价格尚无法确定，董事会同意：如本次竞拍成交金额在董事会决 策权限内，则以本次董事会决策结果为准；如本次竞拍成交金额超出了董事会 决策权限，则上述事项无需再次提交董事会审议，公司根据本次董事会会议的 审议及授权，及时 ...

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [4][7]. Core Views - The company accelerates its upstream gas source layout, establishing an integrated natural gas industry chain. By investing in leading coalbed methane developer Yamei Energy and continuously expanding upstream projects, the company has become a rare private enterprise in China with its own gas sources, achieving a nearly integrated structure of "resources above, pipelines in the middle, and customers below." In 2023, the proportion of coalbed methane extraction and sales significantly increased to around 68% [3][4]. - The growth potential of unconventional gas is substantial, with long-term demand for natural gas remaining strong. Natural gas is the only clean low-carbon energy among the three major primary energy sources globally and is crucial during the energy transition. However, its consumption in China was only 9% in 2023, significantly lower than the global average of about 23%, indicating considerable growth potential under the "dual carbon" strategy [3][31]. - Resource advantages continue to strengthen, with multiple blocks accelerating growth. The acquisition of Yamei Energy has provided the company with coalbed methane development resources, including the Pan Zhuang and Ma Bi projects. In the first half of 2024, the Ma Bi block's production increased by approximately 59.90%, with an average selling price rising by about 12.04% [3][4]. Summary by Sections 1. Accelerating Upstream Gas Source Layout - The company is one of the few private gas enterprises in China with its own gas sources, primarily engaged in coalbed methane exploration and development, as well as urban natural gas distribution and sales [14]. - The company has maintained a high growth rate in performance, with a CAGR of approximately 11.25% from 2019 to 2023, despite a decline in 2020 due to the pandemic [20][28]. 2. Growth Potential of Unconventional Gas - Natural gas is a key transitional energy source in the "dual carbon" strategy, with significant room for growth in domestic consumption [31]. - The domestic coalbed methane geological resource is approximately 36.8 trillion cubic meters, with Shanxi Province being a major contributor [42]. 3. Resource Advantages and Growth Acceleration - The company has fully controlled Yamei Energy, enhancing its coalbed methane extraction and sales capabilities, and has established a comprehensive energy supply and service provider [65]. - The Pan Zhuang block has shown a consistent increase in production, with a CAGR of approximately 15.62% from 2017 to 2022, supported by breakthroughs in thin coal seam development technology [70].

Investment Rating - The report maintains a "Buy" rating for the company, with a target price reflecting a potential upside of over 20% within the next six months [5][13]. Core Insights - The company achieved a revenue of 2.96 billion yuan in the first three quarters of 2024, representing a year-on-year increase of 16.7%, and a net profit of 880 million yuan, up 30.3% year-on-year [1]. - The coalbed methane business experienced both volume and price increases, with total production reaching 1.482 billion cubic meters, a growth of 20.48% year-on-year, accounting for 14.44% of Shanxi province's total production [2]. - The average selling price of coalbed methane increased to 2.16 yuan per cubic meter, a rise of 4.81% compared to the previous year [2]. - The city gas segment's profitability declined by over 30% year-on-year due to the delayed effects of price adjustments and rising procurement costs [3]. - The company has sufficient reserve projects, with stable production growth expected from the Akmomu gas field and other projects in the pipeline [4]. Financial Performance Summary - For the first three quarters of 2024, the company reported a revenue of 2.96 billion yuan and a net profit of 880 million yuan, with the third quarter alone contributing 1.01 billion yuan in revenue and 280 million yuan in net profit, marking increases of 42.7% and 43.8% year-on-year, respectively [1]. - The company forecasts net profits of 1.3 billion yuan, 1.53 billion yuan, and 1.76 billion yuan for 2024, 2025, and 2026, respectively, with corresponding P/E ratios of 10.5x, 8.9x, and 7.7x [4]. - The financial data indicates a projected revenue growth rate of 21.06% for 2024, followed by 9.22% and 7.35% in the subsequent years [9]. Production and Pricing Insights - The total production of coalbed methane in the third quarter was 511 million cubic meters, reflecting a year-on-year increase of 29.47% and a quarter-on-quarter increase of 3.06% [2]. - The average selling price for the third quarter was 2.15 yuan per cubic meter, showing a year-on-year increase of 10.27% and a quarter-on-quarter increase of 2.86% [2]. Project Development and Future Outlook - The company is advancing the development of the Akmomu gas field, aiming for an annual production of 800 million cubic meters, with additional projects expected to contribute to future production and revenue growth [4]. - The report highlights that the city gas segment's profitability will gradually improve as the impact of inventory gas diminishes [3].

Investment Rating - The report maintains a "Buy" rating for the company [8][6]. Core Views - The company reported a revenue of 2.964 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 16.70%. The net profit attributable to shareholders reached 882 million yuan, up 30.28% year-on-year. In Q3 2024 alone, revenue was 1.013 billion yuan, a 42.67% increase year-on-year, with net profit of 277 million yuan, up 43.76% year-on-year [4][6]. - The sales volume and price of coalbed methane showed improvements both year-on-year and quarter-on-quarter, indicating steady development in the main business. The total production of coalbed methane for the first three quarters of 2024 was 1.482 billion cubic meters, a year-on-year increase of 20.48% [4][6]. - The company is implementing a "strong chain, extended chain, and supplementary chain" strategy to build and solidify a "full industry chain" in natural gas [6][4]. Financial Performance Summary - In Q3 2024, the company's gross profit margin was 41.41%, which is a decrease of 4.39 percentage points year-on-year and 11.24 percentage points quarter-on-quarter, primarily due to the impact of urban gas and installation businesses [5][6]. - The average selling price of coalbed methane was 2.16 yuan per cubic meter for the first three quarters of 2024, an increase of 4.81% year-on-year, despite a 4.90% decline in the average domestic LNG price [4][6]. - The company expects EPS for 2024-2026 to be 3.12 yuan, 3.99 yuan, and 4.88 yuan, respectively, with corresponding PE ratios of 10.42X, 8.13X, and 6.65X based on the closing price on October 31, 2024 [6][10].