Financial Performance - The company's operating revenue for Q1 2025 was ¥1,915,571,284.44, a decrease of 32.13% compared to ¥2,822,483,847.22 in the same period last year[5] - Net profit attributable to shareholders was ¥51,062,628.44, down 90.48% from ¥536,497,295.72 year-on-year[5] - The net profit margin decreased significantly, with net profit at ¥48,976,561.39, down 90.88% from ¥537,242,810.78 year-on-year[10] - Total operating revenue for the current period is ¥1,915,571,284.44, a decrease of 32% from ¥2,822,483,847.22 in the previous period[20] - Net profit for the current period is ¥48,976,561.39, a decline of 91% compared to ¥537,242,810.78 in the previous period[21] - The company reported a total profit of ¥67,681,218.20, down 89% from ¥624,051,622.77 in the previous period[21] Cash Flow - The net cash flow from operating activities improved by 62.13%, reaching -¥116,981,753.73 compared to -¥308,883,533.52 in the previous year[5] - Operating cash inflow for the current period is CNY 2,320,521,071.14, slightly up from CNY 2,310,314,034.38 in the previous period, indicating a growth of approximately 0.09%[22] - Net cash flow from operating activities is -CNY 116,981,753.73, an improvement from -CNY 308,883,533.52 in the previous period[22] - Cash inflow from investment activities is CNY 1,189,539,510.23, significantly higher than CNY 100,000,000.00 in the previous period[22] - Net cash flow from investment activities is CNY 282,474,345.92, a recovery from -CNY 355,542,093.35 in the previous period[22] - Cash inflow from financing activities totals CNY 737,000,000.00, up from CNY 720,000,000.00 in the previous period[23] - Net cash flow from financing activities is CNY 688,939,911.08, an increase from CNY 590,334,595.23 in the previous period[23] - The net increase in cash and cash equivalents is CNY 854,432,503.27, contrasting with a decrease of -CNY 74,091,031.64 in the previous period[23] - The ending balance of cash and cash equivalents is CNY 5,648,527,291.23, down from CNY 8,112,321,676.46 in the previous period[23] - The company received CNY 7,249,591.12 in tax refunds, compared to CNY 3,795,795.78 in the previous period, marking an increase of approximately 91.1%[22] - Payments to employees increased to CNY 1,202,836,939.46 from CNY 1,004,110,537.13, reflecting a rise of about 19.7%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥33,544,235,453.76, reflecting a slight increase of 0.55% from the previous year[5] - The total current assets amount to 9.372 billion RMB, a decrease from 9.659 billion RMB at the beginning of the period[17] - Total liabilities decreased to ¥15,962,173,390.35 from ¥16,061,208,085.57, a reduction of 0.62%[19] - The equity attributable to the parent company increased to ¥17,165,390,754.04 from ¥16,880,930,621.74, representing a growth of 1.68%[19] Production and Sales - The company produced 4.8472 million tons of coal and sold 3.707 million tons in Q1 2025, with electricity sales of 1.058 billion kWh[9] - The company's inventory increased by 35.63% to ¥1,358,869,717.46, indicating a rise in coal stock levels[10] Investments and Projects - The company has completed the first phase of the clean and efficient gasification project, producing ammonia and urea products[15] - The new subsidiary for the Lanzhou New Area 2×1000MW thermal power project has been established, with a static investment of 7.961 billion RMB and an annual power generation capacity of 9 billion kWh[15] - The company plans to finance the thermal power project through bank loans and strategic investors[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 66,134[13] - Gansu Energy Chemical Investment Group holds 50.16% of shares, making it the largest shareholder[13] Research and Development - Research and development expenses for the current period are ¥31,154,388.85, a decrease of 24.4% from ¥41,219,080.98 in the previous period[20] Borrowings - Short-term borrowings rose by 65.70% to ¥126,106,912.31, reflecting increased bank loans[10]

Financial Performance - The company's operating revenue for 2024 was ¥9,603,970,618.61, a decrease of 14.70% compared to ¥11,259,062,215.66 in 2023[18]. - The net profit attributable to shareholders for 2024 was ¥1,214,321,969.28, down 30.13% from ¥1,737,919,802.18 in 2023[18]. - The net profit after deducting non-recurring gains and losses was ¥1,147,427,788.89, a decline of 32.99% from ¥1,712,325,179.96 in 2023[18]. - The basic earnings per share for 2024 were ¥0.23, a decrease of 37.84% from ¥0.37 in 2023[18]. - The diluted earnings per share for 2024 were ¥0.20, down 39.39% from ¥0.33 in 2023[18]. - The company reported a total of ¥66,894,180.39 in non-recurring gains for 2024, compared to ¥25,594,622.22 in 2023[24]. - The company produced 19.07 million tons of coal and sold 17.62 million tons, with a revenue of CNY 9,603.97 million, representing a 14.70% decrease year-over-year[47][49]. - The net profit attributable to shareholders was CNY 1,214.32 million, with a basic earnings per share of CNY 0.23 and a net asset per share of CNY 3.15[47]. - The mining sector accounted for 77.56% of total revenue, generating CNY 7,448.61 million, down 13.81% from the previous year[49][51]. Dividend Distribution - The company plans to distribute a cash dividend of 0.68 CNY per 10 shares to all shareholders, based on a total of 5,351,802,602 shares as of March 31, 2025[4]. - The total distributable profit for the company was 6,151,243,507.92 yuan, with the cash dividend accounting for 100% of the total profit distribution[149]. - The company has maintained a stable profit distribution policy, ensuring reasonable returns for investors while considering sustainable development[148]. Shareholder Engagement and Governance - The company has established a modern governance structure to enhance risk management and internal control systems, ensuring that various risks remain within controllable limits[46]. - The company has conducted multiple shareholder meetings with online voting platforms to enhance shareholder participation[109]. - The company has a clear organizational structure with defined roles and responsibilities across departments[110]. - The company has established a compliance review process for related transactions, ensuring independent board discussions and avoidance of conflicts of interest[111]. - The company is committed to transparency in its operations, providing detailed insights into production, sales, and financial management to investors[104]. Operational Efficiency and Cost Management - The company has successfully implemented a comprehensive budget management system to control costs and enhance operational efficiency amid market fluctuations[42]. - The company is focusing on optimizing its industrial layout, aiming for an integrated development model encompassing coal, electricity, chemicals, and infrastructure[44]. - The company is conducting research on multiple projects aimed at improving safety and efficiency in coal mining operations, including advanced gas extraction techniques and temperature control methods[63]. - The company has implemented a comprehensive dust control technology in coal mine construction, significantly improving the mining environment[65]. Environmental Compliance and Sustainability - Baiyin Thermal Power has obtained a pollutant discharge permit valid until June 25, 2028, ensuring compliance with environmental regulations[161]. - The company operates under strict compliance with multiple environmental protection laws and regulations[161]. - The company has established a carbon emission management system, improving data quality and management capabilities[170]. - The company plans to continue using advanced pollution control technologies, including SNCR and SCR for nitrogen oxide reduction in 2024[164]. Research and Development - A total of 186 patents were filed in 2024, with 116 granted, reflecting the company's commitment to technological innovation and development[44]. - R&D expenses increased by 4.48% to CNY 360,993,691.62, indicating ongoing investment in innovation[62]. - The company is investing $50 million in research and development for new technologies aimed at enhancing operational efficiency[116]. Market Expansion and Strategic Initiatives - The company is focusing on expanding its coal and electricity business, with ongoing developments in chemical production and project planning[104]. - The company plans to invest in the construction of a new subsidiary for the Gansu Energy Chemical Qinyang 2×660MW coal power project, approved in the second temporary shareholders' meeting on June 17, 2024[112]. - The company is exploring new strategies for market expansion and potential mergers and acquisitions to enhance its competitive position[104]. Financial Management and Investment - The company has a robust financial management system with independent decision-making capabilities[110]. - The company raised a total of CNY 2,800 million through the issuance of convertible bonds in December 2020, with a net amount of CNY 2,769 million after deducting issuance costs[82]. - The company has completed a major asset restructuring by acquiring 100% equity of the Yaojie Coal Power Group, issuing a total of 2,103,190,538 shares to various entities[184]. Safety and Risk Management - The company has implemented a comprehensive safety management system, achieving a record of zero fatalities in production, marking its best safety performance in history[41]. - The company is addressing safety production risks by implementing a comprehensive safety management system and enhancing employee training[99].

甘肃能化（000552）公告，2024年营业收入96.04亿元，同比下降14.70%。归属于上市公司股东的净利 润12.14亿元，同比下降30.13%。基本每股收益0.23元/股，同比下降37.84%。公司拟向全体股东每10股 派发现金红利0.68元(含税)，送红股0股(含税)，不以公积金转增股本。 ...

甘肃能化（000552）公告，公司于2025年4月27日召开董事会，审议通过2025年度投资计划。2025年， 公司计划投资总额为62.66亿元，其中固定资产投资62.61亿元，无形资产投资516万元，大修理费1.69亿 元。固定资产投资主要包含靖煤公司33.04亿元，窑煤公司21.36亿元，新区2×1000MW火电项目8.2亿 元，总部司库建设96万元。公司计划新设一户子公司，负责建设和运营兰州新区2×1000MW火电项目管 理工作。投资计划的实施存在不确定性，敬请投资者注意风险。 ...

| 证券代码：000552 | 证券简称：甘肃能化 | 公告编号：2025-22 | | --- | --- | --- | | 债券代码：127027 | 债券简称：能化转债 | | 甘肃能化股份有限公司 关于公司及下属企业之间提供担保的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假 记载、误导性陈述或重大遗漏负连带责任。 一、担保情况概述 甘肃能化股份有限公司（以下简称"公司"）于 2023 年 3 月 21 日召开第 十届董事会第十八次会议、第十届监事会第十一次会议，2023 年 4 月 6 日 2023 年第二次临时股东大会，审议通过《关于为下属企业提供担保的议案》，同意 公司为刘化化工 59,000 万元融资提供连带责任担保，担保期限 2～3 年，同意 窑煤公司为天宝煤业向商业银行等金融机构申请 100,000 万元授信额度提供连 带责任担保，担保期限为 10～15 年。详见公司于 2023 年 3 月 22 日、4 月 7 日 披露于《证券时报》《上海证券报》以及巨潮资讯网上的《关于为下属企业提 供担保的公告》（2023-18）、《2023 年第二次临时股东大会决议公 ...

Core Viewpoint - The recent carbon dioxide outburst accident at Jinhai Coal Mine, a subsidiary of Gansu Energy Chemical, resulted in five fatalities and has led to the mine's suspension and restructuring [2][4][3]. Group 1: Accident Details - On April 13, 2025, a carbon dioxide outburst occurred during excavation at Jinhai Coal Mine, affecting 14 individuals [3]. - The accident resulted in 2 immediate deaths, 3 severe injuries, and 9 minor injuries, with 3 of the severely injured later succumbing to their injuries [3][4]. - The mine has been ordered to cease operations and undergo restructuring following the incident, with the local safety supervision department taking over the investigation [2][4]. Group 2: Company Background - Gansu Energy Chemical, formerly known as Jingyuan Coal Power Co., was listed on the Shenzhen Stock Exchange in January 1994 and rebranded in 2023 to reflect its expanded business scope, which now includes combined heat and power, fertilizers, construction, and renewable energy [5]. - The company operates four production mines with a total approved production capacity of 5.7 million tons per annum and manages 24 subsidiaries, employing approximately 11,500 staff [7]. Group 3: Safety Record - Jinhai Coal Mine has a history of safety incidents, including a roof collapse in June 2022 that resulted in one death and a separate incident in March 2023 that also led to a fatality [6][7]. - The mine had recently completed an intelligent construction project, achieving a score of 84.82, qualifying it as a mid-level intelligent coal mine [4].

| | | 公告编号：2025-20 | | --- | --- | --- | | 证券代码：000552 债券代码：127027 | 证券简称：甘肃能化 债券简称：能化转债 | | 甘肃能化股份有限公司 关于新设子公司实施兰州新区 2×1000MW 火电项目的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记载、误导性陈 述或重大遗漏负连带责任。 甘肃能化股份有限公司（以下简称"公司"）于2025年4月14日召开第十届董事会 第四十五次会议，审议通过《关于新设子公司实施兰州新区2×1000MW火电项目的议 案》，现公告如下： 一、新设子公司概述 1.经公司第十届董事会第四十二次会议、2025 年第一次临时股东大会审议，通过 《关于投资建设兰州新区 2×1000MW 火电项目的议案》，公司投资建设兰州新区 2× 1000MW 火电项目，项目规划新建 2×1000MW 高效超超临界燃煤空冷发电机组，一机一 塔，同步建设脱硫、脱硝设施，配套建设 750kV 配电装置、输煤铁路专用线、灰场、 分布式屋顶光伏等，设计年发电量 90 亿度，年耗煤量 446 万吨，项目静态投资 796,141 ...

金河煤矿系非独立法人生产矿井，属煤（岩）与二氧化碳突出矿井，核定产能120 万吨/年，占公司核定煤炭生产能力（含联合试运转矿井）的5.96%，2024年该矿实现 营业收入8.7亿元，约占公司营业收入的9%（未经审计）。 公司对本次事故罹难职工表示沉痛哀悼，对职工家属表示诚挚慰问。目前，事故 原因正在进一步调查，善后及相关工作正在有序开展，公司其他单位生产经营正常， 本次事故未对公司经营造成重大不利影响。公司将深刻吸取事故教训，压紧压实责任 措施，加大重大风险隐患排查力度，切实做好安全生产工作，防止类似事故再次发生。 同时公司将充分关注事故调查进展情况，按信息披露标准及时履行信息披露义务，敬 请广大投资者注意投资风险。 | 证券代码：000552 | 证券简称：甘肃能化 | 公告编号：2025-21 | | --- | --- | --- | | 债券代码：127027 | 债券简称：能化转债 | | 甘肃能化股份有限公司 关于下属金河煤矿发生安全事故的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记载、误导性陈 述或重大遗漏负连带责任。 2025年4月13日，甘肃能化股份有限公司（以 ...

甘肃能化股份有限公司 第十届监事会第二十八次会议决议公告 | 证券代码：000552 | 证券简称：甘肃能化 | 公告编号：2025-18 | | --- | --- | --- | | 债券代码：127027 | 债券简称：能化转债 | | 详见公司同日刊登于证券时报、上海证券报及巨潮资讯网《关于确认下属天宝公 司产能储备项目及转让产能置换指标的公告》。 二、备查文件 1、经与会监事签字并加盖监事会印章的监事会决议。 特此公告。 甘肃能化股份有限公司监事会 本公司及监事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记载、误导性陈 述或重大遗漏负连带责任。 一、会议召开情况 甘肃能化股份有限公司（以下简称"公司"）第十届监事会第二十八次会议于2025 年4月14日（星期一）上午十一点在兰州城关区红星巷125号公司三楼会议室以现场和 通讯相结合方式召开。本次会议通知已于2025年4月8日以OA、微信、电话、传真、电 子邮件等方式送达全体监事。本次现场会议由监事会主席陈虎主持，会议应参加监事 5人，实际参加表决监事5人。本次会议的召开符合《公司法》《公司章程》等法律法 规、部门规章和规范性文件的规定。 经 ...

| 证券代码：000552 | 证券简称：甘肃能化 | 公告编号：2025-17 | | --- | --- | --- | | 债券代码：127027 | 债券简称：能化转债 | | 甘肃能化股份有限公司 第十届董事会第四十五次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记载、误导性陈 述或重大遗漏负连带责任。 2.关于新设子公司实施兰州新区2×1000MW火电项目的议案。 表决结果：13票同意，0票反对，0票弃权，表决通过。 一、会议召开情况 甘肃能化股份有限公司（以下简称"公司"）第十届董事会第四十五次会议于2025 年4月14日上午十点在兰州市城关区红星巷125号公司三楼会议室以现场和通讯相结 合的方式召开，本次会议通知已于2025年4月8日以OA、微信、电话、传真、电子邮件 等方式送达全体董事。本次现场会议由董事长许继宗主持，会议应参加董事13人，实 际参加表决董事13人。本次会议的召开符合《公司法》《公司章程》等法律法规、部 门规章和规范性文件的规定。 经与会董事审议，会议通过了以下决议： 1.关于确认下属天宝公司产能储备项目及转让产能置换指标的议案； 表决结果 ...