Financial Performance - The company's operating revenue for 2024 was approximately ¥18.73 billion, a decrease of 23.01% compared to ¥24.33 billion in 2023[18]. - Net profit attributable to shareholders for 2024 was approximately ¥1.21 billion, down 75.56% from ¥4.94 billion in 2023[18]. - The net cash flow from operating activities for 2024 was approximately ¥2.49 billion, a decline of 45.74% compared to ¥4.59 billion in 2023[18]. - Basic earnings per share for 2024 were ¥0.342, a decrease of 75.56% from ¥1.399 in 2023[18]. - The total assets at the end of 2024 were approximately ¥53.20 billion, an increase of 1.66% from ¥52.33 billion at the end of 2023[18]. - The net assets attributable to shareholders at the end of 2024 were approximately ¥20.94 billion, a decrease of 6.97% from ¥22.51 billion at the end of 2023[18]. - The company reported a weighted average return on equity of 5.56% for 2024, down from 22.66% in 2023, a decrease of 17.10%[18]. - The company experienced a significant decline in net profit, with the net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 being approximately ¥1.25 billion, down 59.35% from ¥3.08 billion in 2023[18]. Dividend Distribution - The company plans to distribute a cash dividend of ¥6.00 per 10 shares to all shareholders[4]. - The company distributed a total dividend of ¥2.827 billion for the year, ensuring the protection of investor rights[37]. - The proposed dividend distribution for 2024 is 6.00 yuan per 10 shares, totaling 2.120 billion yuan[123]. Coal Production and Sales - The company's coal production reached 26.9289 million tons, with coal sales of 24.2543 million tons, generating coal sales revenue of 14.687 billion yuan, accounting for 78.41% of total operating revenue[29]. - Coal production for 2024 reached 2,692.89 million tons, a slight decrease of 1.76% from 2,741.22 million tons in 2023, while sales volume for coal was 2,425.43 million tons, down 6.85% from 2,603.87 million tons[38]. - The average selling price of raw coal increased by 12.10% to ¥471.03 in 2024 from ¥420.17 in 2023, while the average selling price of coking coal decreased by 22.55% to ¥1,012.75 from ¥1,307.55[39]. - The company’s coal segment accounted for 78.41% of total revenue in 2024, down from 79.54% in 2023, reflecting a 24.10% decline in coal revenue[40]. Operational Efficiency and Strategy - The company has acknowledged uncertainty regarding its ability to continue as a going concern, as indicated in the audit report for the recent year[18]. - The company’s operational efficiency and safety supply capabilities have significantly improved due to years of resource integration and modernization[28]. - The company plans to maintain a balanced coal market supply and demand in 2025, with continued high levels of coal imports[28]. - The company has established a comprehensive sales management system to optimize coal sales and improve revenue collection[30]. - The company implemented a strategic focus on "stronger main business and better non-coal operations," establishing a plan for four "10 million ton mining areas" to ensure high-quality development[35]. Environmental Compliance and Management - The company has complied with environmental protection laws and regulations, including the Environmental Protection Law and the Air Pollution Prevention Law[133]. - The company is actively managing pollution emissions, adhering to industry standards for various pollutants[134]. - The company achieved a wastewater treatment compliance rate of 100% across all facilities, with specific chemical oxygen demand (COD) levels meeting the standard of 30 mg/L in the Ziya River basin[135]. - The company has implemented comprehensive pollution prevention measures, ensuring all pollutants are treated and discharged within regulatory limits[137]. - The company has established a comprehensive environmental management system, ensuring orderly and standardized environmental protection work[145]. Corporate Governance and Management Changes - The company has established a relatively complete corporate governance structure, complying with relevant laws and regulations, and ensuring operational transparency[82]. - The company reported a participation rate of 62.03% in the first temporary shareholders' meeting of 2024, held on April 23, 2024[87]. - Liu Guoqiang resigned as chairman and director of the company on April 3, 2024, due to work reasons[89]. - The current chairman, Yan Yunsheng, has held the position since April 3, 2024, and will serve until April 23, 2027[88]. - The company has seen a significant turnover in senior management, with multiple executives resigning or being replaced due to work adjustments and retirements[90][91]. Future Outlook and Strategic Initiatives - The company plans to achieve a raw coal production target of 27 million tons and an operating revenue of 16 billion yuan for 2025[77]. - The company aims to enhance asset quality and efficiency through capital operations, focusing on resource integration and diversified market management[72]. - The company is committed to maintaining stability during this transition period while pursuing its long-term strategic goals[96]. - Future performance guidance will be influenced by the new management's strategic direction and market conditions[92]. Related Party Transactions - The total amount of related party transactions during the reporting period was 618,835.40 million yuan, with related party purchases at 285,130.26 million yuan and related party sales at 333,705.14 million yuan[165]. - The estimated total amount of related party transactions for 2024 is projected to be 811,979.62 million yuan, including related party purchases of 392,282.36 million yuan and related party sales of 419,697.26 million yuan[165]. - The company has ensured compliance with environmental regulations and policies through in-depth inspections and evaluations of major environmental projects[145].

Core Viewpoint - The company has successfully implemented a new advanced support system in its mining operations to address increasing underground pressure and improve safety and efficiency in coal extraction [1][2][3]. Group 1: Challenges and Innovations - The mining operation faced significant challenges due to increased stress in the working face, which hindered production efficiency and safety [2]. - Traditional support methods were inadequate, leading to slow progress and higher accident risks, prompting the need for innovative solutions [2][3]. Group 2: Customized Support Solutions - A specialized task force was established to develop a tailored support solution, resulting in the adoption of a unit support device that meets the geological conditions of the mine [3]. - The working face dimensions were specified, and the new support method was optimized to enhance the strength and mechanization of the support system [3][4]. Group 3: Efficiency and Safety Improvements - The new unit support device effectively addressed support challenges in critical areas, reducing the workforce required for maintenance from 15 to 6 personnel daily, thus saving labor and resources [5]. - The implementation of the new support system maintained the original specifications of the tunnels, ensuring operational efficiency and safety for ongoing mining activities [5].

| | 是否为控股 股东或第一 | 本次解除质 | 占其所 | 占公司总 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 名称 | 大股东及其 | 押数量（股） | 持股份 比例（%） | 股本比例 （%） | 起始日 | 解除日期 | 质权人 | | | 一致行动人 | | | | | | | | 冀中 能源 | 是 | 100,000,000 | 8.56 | 2.83 | 2020-9-22 | 2025-4-3 | 上海浦东发展银 行股份有限公司 | | 集团 | | 440,000,000 | 37.67 | 12.45 | 2020-9-24 | 2025-4-3 | 石家庄分行 | | 合计 | | 540,000,000 | 46.24 | 15.28 | | | | 证券代码：000937 证券简称：冀中能源 公告编号：2025 临-015 冀中能源股份有限公司 关于公司控股股东股份解除质押的公告 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，没有虚假 记载、误导性陈述或者重大遗漏。 冀中能源股份有限公司（ ...

证券代码：000937 证券简称：冀中能源 公告编号：2025 临-015 冀中能源股份有限公司 关于公司控股股东股份解除质押的公告 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，没有虚假 记载、误导性陈述或者重大遗漏。 冀中能源股份有限公司（以下简称"公司"）于近日收到控股股 东冀中能源集团有限责任公司（以下简称"冀中能源集团"）的通知， 获悉冀中能源集团将其所持有公司部分股份办理了解除质押业务，具 体情况如下： 一、本次股份解除质押的基本情况 | 股东 | 是否为控股 股东或第一 | 本次解除质 | 占其所 持股份 | 占公司总 股本比例 | 起始日 | 解除日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及其 一致行动人 | 押数量（股） | 比例（%） | （%） | | | | | 冀中 能源 | 是 | 100,000,000 | 8.56 | 2.83 | 2020-9-22 | 2024-4-3 | 上海浦东发展银 行股份有限公司 | | 集团 | | 440,000,000 | 37.67 ...

证券代码：000937 证券简称：冀中能源 公告编号：2025 临-014 冀中能源股份有限公司 ●本次权益变动后，冀中能源集团持有公司股份的比例由 32.81% 增加至 33.01%。 公司于近日收到控股股东冀中能源集团出具的《关于增持冀中能 源股份有限公司股份触及 1%的告知函》，知悉冀中能源集团于 2024 年 11 月 29 日至 2025 年 4 月 7 日期间通过集中竞价方式增持公司股 份 7,191,800 股，增持比例触及 1%。现将有关情况公告如下： 1．基本情况 | 信息披露义务人 | 冀中能源集团有限责任公司 | | --- | --- | | 住所 | 邢台市信都区中兴西大街１９１号 | 权益变动时间 2025 年 4 月 7 日 股票简称 冀中能源 股票代码 000937 变动类型 （可多选） 增加☑ 减少□ 一致行动人 有☑ 无□ 是否为第一大股东或实际控制人 是☑ 否□ 2．本次权益变动情况 股份种类（A 股、B 股 等） 增持/减持股数（万股） 增持/减持比例（%） A 股 719.18 0.20 合 计 719.18 0.20 本次权益变动方式（可 多选） 通过证券交易所的集 ...

Core Viewpoint - Investing in high-dividend companies may be a direction to outperform the index in the short term, with a focus on state-owned enterprise dividend ETFs showing slight upward movement [1][2]. Group 1: ETF Performance - As of March 26, 2025, the China Securities State-Owned Enterprises Dividend Index (000824) decreased by 0.05%, with component stocks showing mixed performance [1]. - The State-Owned Enterprises Dividend ETF (159515) increased by 0.09%, with the latest price reported at 1.09 yuan [1]. - The latest scale of the State-Owned Enterprises Dividend ETF reached 51.1486 million yuan, marking a one-month high [2]. Group 2: Component Stocks - The top ten weighted stocks in the China Securities State-Owned Enterprises Dividend Index accounted for 15.22% of the index, with notable stocks including COSCO Shipping Holdings (601919) and Jizhong Energy (000937) [3]. - The performance of key stocks varied, with COSCO Shipping Holdings down by 0.68% and Shanxi Coal International up by 1.07% [5]. Group 3: Investment Strategy - East Asia Securities suggests that focusing on high-dividend companies based on fundamentals may lead to short-term outperformance [2]. - The report emphasizes the importance of monitoring market rhythm and industry progress, particularly in sectors like artificial intelligence and robotics, which are expected to see growth [2]. - Short-term investment opportunities are highlighted in marine economy, military industry, and consumer sectors with clear policy expectations [2].

证券代码：000937 证券简称：冀中能源 公告编号：2025 临-013 公司于 2025 年 2 月 21 日至 2025 年 3 月 20 日期间，在河北产权 市场对外发布了转让青龙煤业 90%股权及所持债权的相关信息。截止 挂牌日期届满，未征集到符合条件的意向受让方。经研究，公司决定 终结本次挂牌转让事项。 三、其他事项说明 本次挂牌终结不会对公司的正常生产及经营情况产生重大影响， 公司仍持有青龙煤业 90%的股权。敬请广大投资者注意投资风险。 特此公告。 冀中能源股份有限公司 关于公司公开挂牌转让青龙煤业 90%股权及所持债权的 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，没有虚假 记载、误导性陈述或者重大遗漏。 一、交易概述 冀中能源股份有限公司（以下简称"公司"）于 2024 年 12 月 27 日召开第八届董事会第十次会议，审议通过了《关于公司公开挂 牌转让青龙煤业 90%股权及所持债权的议案》。为盘活资产，快速回 流资金，公司拟将持有的山西冀能青龙煤业有限公司（以下简称"青 龙煤业"）90%股权及公司所持青龙煤业的债权（以下简称"标的资 产包"）在河北产权市场有限公司（以 ...

证券代码：000937 证券简称：冀中能源 公告编号：2025 临-012 冀中能源股份有限公司 关于控股股东增持公司股份计划实施进展暨 增持时间过半的公告 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，没有虚假 记载、误导性陈述或者重大遗漏。 冀中能源股份有限公司（以下简称"公司"）于近日收到控股股 东冀中能源集团有限责任公司（以下简称"冀中能源集团"）出具的 《关于增持冀中能源股份有限公司股份计划实施进展情况的告知函》， 根据《深圳证券交易所上市公司自律监管指引第 10 号—股份变动管 理》等有关规定，现将具体情况公告如下： 一、增持计划的基本情况 基于对公司未来发展前景的坚定信心及中长期投资价值的认可， 为增强投资者信心，维护广大投资者利益，促进公司持续、稳定、健 康的发展，冀中能源集团自 2024 年 11 月 29 日起 6 个月内计划通过 深圳证券交易所交易系统允许的方式（包括但不限于集中竞价、大宗 交易等）增持公司股份，增持不设定价格区间，计划增持金额不低于 2 亿元人民币（含），不高于 4 亿元人民币（含）。具体内容详见公 司于 2024 年 11 月 29 日刊登在《证券时报》《中国 ...

证券代码：000937 证券简称：冀中能源 公告编号：2025 临-011 冀中能源股份有限公司 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，没有虚假 记载、误导性陈述或者重大遗漏。 一、交易概述 冀中能源股份有限公司（以下简称"公司"）于 2024 年 12 月 27 日召开第八届董事会第十次会议，审议通过了《关于公司公开挂 牌转让青龙煤业 90%股权及所持债权的议案》。为盘活资产，快速回 流资金，公司拟将持有的山西冀能青龙煤业有限公司（以下简称"青 龙煤业"）90%股权及公司所持青龙煤业的债权（以下简称"标的资 产包"）在河北产权市场有限公司（以下简称"河北产权市场"）公 开挂牌转让。具体内容详见公司于 2024 年 12 月 28 日刊登在《证券 时报》《中国证券报》《上海证券报》和巨潮资讯网上的《冀中能源 股份有限公司关于公司公开挂牌转让青龙煤业 90%股权及所持债权的 公告》（公告编号：2024 临-087）。 二、交易进展情况 截至本公告披露日，公司已向河北产权市场提交《企业产权转让 信息披露申请书》并获受理，河北产权市场对外发布了正式信息披露 公告，青龙煤业 90%股权及所持债权的挂牌 ...

北京市金杜律师事务所 关于冀中能源股份有限公司 2025 年第一次临时股东大会的法律意见书 致：冀中能源股份有限公司 北京市金杜律师事务所（以下简称本所）接受冀中能源股份有限公司（以下 简称公司）的委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会 （以下简称中国证监会）《上市公司股东大会规则（2022 年修订）》（以下简 称《股东大会规则》）等中华人民共和国境内（以下简称中国境内，为本法律意 见书之目的，不包括中国香港特别行政区、中国澳门特别行政区和中国台湾地区） 现行有效的法律、行政法规、部门规章、规范性文件和现行有效的《冀中能源股 份有限公司章程》（以下简称《公司章程》）的规定，指派律师出席了公司于 2025年 1月 24日召开的 2025年第一次临时股东大会（以下简称本次股东大会）， 并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2020 年第一次临时股东大会审议通过并于 2020 年 7 月 11 日刊登 于深圳证券交易所网站等中国证监会指 ...