山西美锦能源股份有限公司 十届四十八次董事会会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、召开会议基本情况 债券代码：127061 债券简称：美锦转债 证券代码：000723 证券简称：美锦能源 公告编号：2026-004 具体内容详见同日公司在巨潮资讯网披露的《关于拟为参股公司提供担保及 2026 年度对控股子公司新增担保额度预计的公告》（公告编号：2026-005）。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 2、审议并通过《关于 2026 年度对控股子公司新增担保额度预计的议案》 为提高公司经营效率，满足公司及子公司日常经营和业务发展的实际需要， 公司预计公司和/或控股子公司为公司控股子公司提供新增担保额度合计不超过 40 亿元人民币，其中为资产负债率≥70%的控股子公司提供担保额度不超过 34 亿元人民币，为资产负债率＜70%的控股子公司提供担保额度不超过 6 亿元人民 币，担保方式包括但不限于连带责任担保、抵押担保等方式，具体以实际签署的 相关协议为准。公司控股子公司均可在此预计担保额度内向银行等金融机构及类 金融机构 ...

| 证券代码：000723 | 证券简称：美锦能源 | 公告编号：2026-005 | | --- | --- | --- | | 债券代码：127061 | 债券简称：美锦转债 | | 山西美锦能源股份有限公司 关于拟为参股公司提供担保及2026年度对控股子公司新增担保额度 预计的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示：山西美锦能源股份有限公司（以下简称"公司"）本次部分担保 对象最近一期资产负债率超过70%，敬请投资者注意相关风险。 （一）关于拟为参股公司提供担保的基本情况 贵州金兰盛锦新材料有限公司（以下简称"金兰盛锦"）为公司的参股公司， 为满足金兰盛锦项目一期建设需要，金兰盛锦拟向中国进出口银行山西省分行 （以下简称"进出口银行"）申请总额不超过人民币45,000万元项目贷款。公司 拟按对金兰盛锦25%的持股比例为上述业务提供担保，最高担保本金限额不超过 11,250万元。金兰盛锦的其他股东按股权比例提供同比例担保。担保额度使用期 限自股东会通过之日起12个月内有效。 清徐泓博污水处理有限公司（以下简称"清徐泓博"）为公司全资 ...

证券代码：000723 证券简称：美锦能源 公告编号：2026-007 债券代码：127061 债券简称：美锦转债 山西美锦能源股份有限公司 关于公司为控股子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示：山西美锦能源股份有限公司（以下简称"公司"）本次担保对象 贵州美锦华宇新能源有限公司（以下简称"贵州华宇"）最近一期资产负债率超 过70%，公司对子公司和参股公司的担保金额超过公司最近一期经审计净资产 50%，敬请投资者注意相关风险。 一、担保情况概述 （一）本次担保基本情况 近日，公司控股子公司贵州华宇因生产经营需要，向中诺商业保理（深圳） 有限公司（以下简称"中诺保理"）申请办理额度为7,000万元的保理融资业务， 期限为2年。公司与中诺保理签署《保证合同》，为上述业务提供连带责任保证 担保，保证期间为保证合同生效之日起至主债务的履行期限届满之日起三年。 鉴于全资子公司山西美锦集团东于煤业有限公司（以下简称"东于煤业"） 及山西美锦集团锦富煤业有限公司（以下简称"锦富煤业"）在兴业银行股份有 限公司太原分行（以下简称"兴 ...

债券代码：127061 债券简称：美锦转债 证券代码：000723 证券简称：美锦能源 公告编号：2026-006 山西美锦能源股份有限公司 关于召开2026年第一次临时股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、股东会的召集人：董事会 3、会议召开的合法、合规性：经山西美锦能源股份有限公司（以下简称 "公司"或"本公司"）十届四十八次董事会会议审议通过，董事会决定召开 2026 年第一次临时股东会。本次会议的召集、召开符合《中华人民共和国公司 法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指 引第 1 号——主板上市公司规范运作》等法律、行政法规、部门规章、规范性 文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 2 月 3 日 15:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 2 月 3 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交 ...

Core Viewpoint - The coking coal sector experienced a decline of 2.72% on January 16, with Meijin Energy leading the drop. The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1]. Group 1: Market Performance - The coking coal sector saw a significant drop, with Meijin Energy falling by 5.52% to a closing price of 4.62 [1]. - Other notable declines included An Tai Group down 1.91% to 4.10, and Shaanxi Black Cat down 1.82% to 3.77 [1]. - The total trading volume for the coking coal sector was substantial, with Meijin Energy alone accounting for a trading volume of 156.10 million shares [1]. Group 2: Capital Flow - The coking coal sector experienced a net outflow of 166 million yuan from main funds, while retail investors saw a net inflow of 114 million yuan [1]. - Among individual stocks, Meijin Energy had the highest net outflow from main funds at 93.13 million yuan, representing a 12.73% decrease [2]. - Retail investors showed a strong interest in Shaanxi Black Cat, with a net inflow of 1.84 million yuan, despite the stock's overall decline [2].

经济观察网2026年1月15日，美锦能源（000723）发布2025年度业绩预告，预计2025年净利润亏损8.5亿 元至12.5亿元。扣除非经常性损益后的净利润亏损8.85亿元至12.85亿元。 ...

Group 1 - The company expects a net profit to be negative for the fiscal year 2025, covering the period from January 1, 2025, to December 31, 2025 [2][3] - The company has communicated with its accounting firm regarding the performance forecast, and there are currently no discrepancies in the forecast [3] - The primary reason for the expected loss is the downward trend in coal and coke prices throughout the year, which has pressured the gross profit margin of the company's main products [4] Group 2 - The company plans to closely monitor macroeconomic trends and industry market dynamics while continuing to enhance operational efficiency and risk resilience to ensure long-term sustainable development [4]

Mergers and Acquisitions - Zhongyuan Nepe announced plans to acquire 59% of its affiliate Zhongyuan Jikean for 143 million yuan, which will make Zhongyuan Jikean a wholly-owned subsidiary and included in the consolidated financial statements [1] - Jinchuan Co. intends to purchase 24% of Anhui Jinsan Molybdenum for 1.731 billion yuan, increasing its stake in the company to 34% [2] Earnings Disclosure - Muyuan Foods expects a net profit decline of 14.93% to 20.21% for 2025, projecting a profit range of 15.1 billion to 16.1 billion yuan [3] - Meijin Energy anticipates a net loss of 850 million to 1.25 billion yuan for 2025, compared to a loss of 1.143 billion yuan in the previous year, primarily due to market conditions affecting coal and coke prices [4] - Luoyang Molybdenum expects a net profit increase of 47.80% to 53.71% for 2025, projecting a profit range of 20 billion to 20.8 billion yuan [5] - Baofeng Energy forecasts a net profit growth of 73.57% to 89.34% for 2025, estimating a profit of 11 billion to 12 billion yuan [6] Shareholding Changes - Jiuzhitang's major shareholder Li Zhenguo plans to reduce his stake by up to 2%, amounting to no more than 16.9256 million shares, to repay due equity pledge financing [7] - Yifan Transmission's chairman Liu Jincheng intends to reduce his stake by up to 3%, comprising a maximum of 777,700 shares through centralized bidding and 1.5553 million shares through block trading [8] - Aidi Te's major shareholders plan to collectively reduce their stake by up to 3%, totaling no more than 3.1969 million shares [9] - Yuhua Tian's controlling shareholder plans to transfer 5% of its shares, amounting to 1.999296 million shares, through a pricing inquiry [10] Regulatory Issues - Tianji Co. received administrative regulatory measures due to multiple violations, including improper goodwill impairment testing and inaccurate financial accounting, with key executives being held responsible [11] - Wenfeng Co. announced that its vice president Qin Guofen has had his detention lifted and is now under a notice of investigation, with the company's operations remaining normal [12]

证券日报网讯1月15日，美锦能源（000723）发布公告称，公司预计2025年度归属于上市公司股东的净 利润亏损85，000万元至125，000万元，上年同期亏损114，253.57万元。 ...

Group 1 - Huasheng Tiancheng's AI-related revenue currently accounts for a low proportion of overall revenue, indicating that it does not significantly impact the company's performance [2] - CICC's merger with Dongxing Securities and Xinda Securities is still undergoing audit work, which has not yet been completed [2] - Xinhua Department Store confirmed that there are no undisclosed major matters related to semiconductor asset injections, addressing market rumors [3] Group 2 - Zhong Rare Metals signed a strategic cooperation agreement with Xian Dao Group to enhance market share and industry influence in rare metals [4] - Zhongtian Rocket reported losses in its carbon/carbon thermal field materials business due to intensified competition in the photovoltaic industry [5] - Zhongyuan Nepe proposed to acquire 59% of Zhongyuan Jikean's equity for 143 million yuan, which will make it a wholly-owned subsidiary [5] Group 3 - Jiangxi Copper's subsidiary signed a cooperation agreement with First Quantum Minerals for exploration projects [6] - China Nuclear Power's Jiangsu Xuwei Nuclear Energy Heating Power Plant's first unit is set to pour its first concrete on January 16, 2026 [6] - ST Aowei's stock may be delisted if it continues to trade below par value [6] Group 4 - Triangle Tire plans to invest 3.219 billion yuan in a new high-performance tire project in Cambodia, expected to generate annual revenue of 2.585 billion yuan [7] - Baoxin Technology intends to publicly sell part of its subsidiary's assets, with a valuation of 50.2334 million yuan [7] - Nong Shang Environment's computing infrastructure project has not progressed as planned due to funding issues [8] Group 5 - Golden Dragon Fish plans to transfer stakes in two subsidiaries to Mars China for a total of 60 million USD, which is expected to impact its 2026 earnings significantly [8] - Jin Dao Technology intends to issue convertible bonds to raise up to 306 million yuan for various projects [8] - Aerospace Information expects a net loss of 700 million to 980 million yuan for 2025 due to industry changes [10] Group 6 - Tianji Co. forecasts a net profit of 70 million to 105 million yuan for 2025, recovering from a previous loss [10] - Muyuan Foods anticipates a net profit decrease of 12.2% to 17.79% for 2025 [11] - SAIC Group expects a net profit increase of 438% to 558% for 2025, driven by sales growth [12] Group 7 - Haolaike expects a significant drop in net profit for 2025, projecting a decrease of 75.16% to 83.23% [13] - Hainan Development anticipates a net loss of 440 million to 565 million yuan for 2025 [13] - Shuangliang Energy expects to report a loss for 2025 [14] Group 8 - Aijian Group also anticipates a loss for 2025 [14] - Meijin Energy forecasts a net loss of 850 million to 1.25 billion yuan for 2025 [14] - Kunlun Wanwei expects to report a loss for 2025 [14] Group 9 - Xue Rong Biological expects a net profit of 29 million to 40 million yuan for 2025, recovering from a previous loss [15] - Xin Nuo Wei anticipates a net loss of 170 million to 255 million yuan for 2025 due to increased R&D expenses [15] - Shengnuo Biological expects a net profit increase of 204.42% to 280.53% for 2025 [16] Group 10 - Longyuan Construction forecasts a net loss of 1 billion to 1.5 billion yuan for 2025 [17] - Kosen Technology expects a net loss of 245 million to 330 million yuan for 2025 [17] - Daqian Ecology anticipates a net loss of 100 million to 120 million yuan for 2025 [17] Group 11 - Lianfa Co. expects a net profit increase of 38.92% to 58.77% for 2025 [18] - Chongqing Steel anticipates a net loss of 2.5 billion to 2.8 billion yuan for 2025, but expects to reduce losses compared to the previous year [18] - Tongxing Technology forecasts a net profit increase of 74.2% to 125.44% for 2025 [19] Group 12 - Siyuan Electric expects a net profit of 3.163 billion yuan for 2025, a 54.35% increase year-on-year [19] - Luoyang Molybdenum expects a net profit increase of 47.8% to 53.71% for 2025 [20] - Nawei Technology anticipates a net profit increase of 54.51% to 75.03% for 2025 [20] Group 13 - Jingjia Micro expects a net loss of 120 million to 180 million yuan for 2025 [21] - Southwest Securities forecasts a net profit increase of 47% to 57% for 2025 [22] - Wankai New Materials expects a net profit of 156 million to 203 million yuan for 2025, recovering from a previous loss [22] Group 14 - Yilian Network anticipates a slight decrease in net profit for 2025, projecting a decline of 0% to 4% [23] - Baofeng Energy expects a net profit increase of 73.57% to 89.34% for 2025 [23] - Sanmei Co. forecasts a net profit increase of 155.66% to 176.11% for 2025 [23] Group 15 - Zhenyu Technology expects a net profit increase of 96.89% to 116.58% for 2025 [24] - Fute Technology anticipates a net profit increase of 121.98% to 164.26% for 2025 [24] - Guoli Electronics expects a net profit increase of 124.89% to 164.57% for 2025 [24] Group 16 - Shenyu Co. expects a slight decrease in net profit for 2025, projecting a decline of 0.05% to 11.37% [25] - Rongchang Biological plans to increase its share repurchase price limit to 116 yuan per share [26] - Defu Technology plans to repurchase shares for 75 million to 150 million yuan [26] Group 17 - ST Chengchang's stock will resume trading on January 16 after completing a trading fluctuation investigation [27] - Zhi Te New Materials will also resume trading on January 16 after confirming no major changes in business operations [27] - Lio Co. will suspend trading starting January 16 for stock fluctuation investigation [27]