Summary of Key Points Core Viewpoint - The announcement from Shenhuo Co., Ltd. indicates that several executives plan to reduce their shareholdings in the company within a specified timeframe, which may reflect their confidence or concerns about the company's future performance [1] Group 1: Executive Shareholding Reductions - General Manager Zhang Wenzhang holds 249,600 shares and intends to reduce his holdings by up to 62,000 shares, representing 0.003% of the company's total share capital [1] - Vice General Manager Chang Zhen holds 252,000 shares and plans to reduce his holdings by 63,000 shares, also accounting for 0.003% of the total [1] - Vice General Manager and Chief Engineer Zhang Jingjun holds 199,700 shares and aims to reduce his holdings by 49,000 shares, which is 0.002% of the total [1] - Vice General Manager Liu Jingling holds 249,600 shares and intends to reduce his holdings by 62,000 shares, representing 0.003% of the total [1] - Vice General Manager Liu Zicheng holds 189,700 shares and plans to reduce his holdings by 47,000 shares, accounting for 0.002% of the total [1] - Safety Supervision and Emergency Management Bureau Director Cao Guangyuan holds 199,700 shares and intends to reduce his holdings by 49,000 shares, which is 0.002% of the total [1] - In total, these six executives plan to reduce their holdings by 332,000 shares, which collectively represents 0.015% of the company's total share capital [1]

证券代码：000933 证券简称：神火股份 公告编号：2025-068 河南神火煤电股份有限公司 关于部分高级管理人员减持股份预披露公告 公司高级管理人员张文章先生、常振先生、张敬军先生、刘京领先生、刘子成先生、 曹广远先生保证向本公司提供的信息内容真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 6、持有公司股份 199,700 股（占公司总股本 0.009%）的安全监察与应急管理 局局长曹广远先生计划在本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年11 月12日至 2026 年2月 11日），以集中竞价方式减持本公司股份不超过 49,000 股，占公司总股本的 0.002%。 1 近日，公司收到部分高级管理人员张文章先生、常振先生、张敬 军先生、刘京领先生、刘子成先生、曹广远先生分别出具的《关于减 持股份计划的告知函》，现将有关情况公告如下： 二、本次减持计划的主要内容 1、减持原因：偿还股权激励贷款、上缴个人所得税税款等个人资 金需求。 特别提示： 1、持有河南神火煤电股份有限公 ...

神火股份10月20日公告，2025年第三季度实现营业收入105.76亿元，同比增长4.79%；归属于上市公司 股东的净利润15.85亿元，上年同期归属于上市公司股东的净利润12.54亿元，同比增长26.39%；基本每 股收益0.715元。前三季度实现营业收入310.05亿元，同比增长9.50%；归属于上市公司股东的净利润 34.9亿元，上年同期归属于上市公司股东的净利润35.38亿元，同比下降1.38%；基本每股收益1.575元。 ...

Core Viewpoint - Shenhuo Co., Ltd. reported a year-on-year increase in revenue for the first three quarters of 2025, despite a slight decline in net profit attributable to shareholders [1] Financial Performance - The company's operating revenue for the first three quarters reached 31.005 billion yuan, representing a year-on-year growth of 9.50% [1] - The net profit attributable to shareholders was 3.49 billion yuan, showing a year-on-year decrease of 1.38% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 3.579 billion yuan, which is a year-on-year increase of 4.87% [1] - Basic earnings per share stood at 1.575 yuan [1]

人民财讯10月20日电，神火股份(000933)10月20日发布2025年三季报，公司第三季度营业收入105.76亿 元，同比增长4.79%；净利润15.85亿元，同比增长26.39%。2025年前三季度营业收入310.05亿元，同比 增长9.5%；净利润34.9亿元，同比下降1.38%；基本每股收益1.575元。 转自：证券时报 ...

证券代码：000933 证券简称：神火股份 公告编号：2025-066 河南神火煤电股份有限公司 监事会第九届十六次会议决议公告 此项议案内容详见公司同日在《证券时报》《中国证券报》《上 海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn） 披露的《公司 2025 年第三季度报告》（公告编号：2025-067）。 三、备查文件 1 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 一、会议召开情况 根据《公司章程》，在保障全体监事充分表达意见的前提下，河 南神火煤电股份有限公司（以下简称"公司"）监事会第九届十六次 会议于 2025 年 10 月 17日以通讯方式召开，会议由监事会主席刘振营 先生召集和主持。本次监事会会议通知及相关资料已于 2025 年 10 月 12 日分别以专人、电子邮件等方式送达全体监事。本次会议应出席监 事三名，实际出席监事三名（均为亲自出席），符合《公司法》等法 律法规和《公司章程》的规定。 二、会议审议情况 经与会监事审议，会议以签字表决方式审议通过《公司2025年 第三季度报告》。 监事会对《公司 ...

本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、会议召开情况 根据《公司章程》，在保障全体董事、监事、高级管理人员充分 表达意见的前提下，河南神火煤电股份有限公司（以下简称"公 司"）董事会第九届二十二次会议于 2025 年 10 月 17 日以通讯方式召 开，会议由公司董事长李宏伟先生召集和主持。本次董事会会议通知 已于 2025 年 10 月 12 日前分别以专人、电子邮件等方式送达全体董 事、监事和高级管理人员。本次会议应参与表决董事七名，实际参与 表决董事七名（均为亲自出席），公司监事和高级管理人员列席，符 合《公司法》等法律法规和《公司章程》的规定。 证券代码：000933 证券简称：神火股份 公告编号：2025-065 河南神火煤电股份有限公司 董事会第九届二十二次会议决议公告 1 火以自有资金 10,000.00 万元投资设立全资子公司云南神火炭素有限 公司（暂定名，最终名称以市场监管部门备案核准名称为准），云 南神火将其与 40 万吨炭素项目运营相关的全部资产及负债划转至该 新设公司。 此项议案的表决结果是：七票同意，零票反对，零票弃权，同 ...

河南神火煤电股份有限公司 2025 年第三季度报告 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人李宏伟先生、主管会计工作负责人陈光先生及会计机构负责人（会计主管人员）李世双先生声明：保证季 度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经审计 □是 否 1 证券代码：000933 证券简称：神火股份 公告编号：2025-067 河南神火煤电股份有限公司 2025 年第三季度报告 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。 河南神火煤电股份有限公司 2025 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | 项目 | 本报告期 | 本报告期比上年同 期增减（%） | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | | | 增减（%） | | 营业收入（元） | 10,57 ...

Group 1 - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index, showcasing their daily and year-to-date performance along with dividend yields [1][2] - The stock with the highest daily increase is Xingri Co., Ltd. (002083.SZ) with a rise of 10.02%, while the highest year-to-date performer is Yiyi Co., Ltd. (001206.SZ) with a remarkable increase of 116.53% [1][2] - The overall dividend yield for the index is reported at 5.18%, with a historical price-to-earnings ratio of 10.64 times and an expected price-to-earnings ratio of 10.08 times [2] Group 2 - The article mentions the formation of a MACD golden cross signal, indicating a positive trend for certain stocks [3]

Investment Rating - The investment rating for the coal industry is "Positive" (maintained) [1] Core Viewpoints - The report indicates that the prices of thermal coal and coking coal have reached a turning point, with thermal coal prices expected to rebound and stabilize above the long-term contract price of around 700 CNY per ton, with a potential target of 750 CNY per ton in 2025 [6][7][16] - The report highlights that the coal market is experiencing a significant price increase, with thermal coal prices rising to 748 CNY per ton as of October 17, 2025, marking a 6.1% increase from the previous period [6][20] - The investment logic is based on two main aspects: cyclical elasticity and stable dividends, suggesting that the coal sector is at a favorable entry point for investment [8][17] Summary by Sections Investment Logic - Thermal coal is categorized as a policy-driven commodity, with prices expected to recover to long-term contract levels due to the dual-track pricing mechanism [7][16] - Coking coal prices are more influenced by supply and demand fundamentals, with target prices set based on the ratio of coking coal to thermal coal prices [7][16] Market Performance - The coal index increased by 4.17% in the week, outperforming the CSI 300 index by 6.39 percentage points [11][28] - Major coal companies showed significant price increases, with the top performers being Dayou Energy (+53.13%), Zhengzhou Coal Electricity (+15.93%), and China Coal Energy (+11.68%) [11][28] Price Indicators - As of October 17, 2025, the Qinhuangdao Q5500 thermal coal price was 748 CNY per ton, reflecting a 6.1% increase [20] - The price of coking coal at Jingtang Port reached 1710 CNY per ton, up from 1630 CNY, indicating a 4.91% increase [21][23] Investment Recommendations - The report suggests four main lines for coal stock selection: cyclical logic (e.g., Jinko Coal and Yanzhou Coal), dividend logic (e.g., China Shenhua and Zhongmei Energy), diversified aluminum elasticity (e.g., Shenhua Holdings), and growth logic (e.g., Xinji Energy and Guanghui Energy) [8][17]