Financial Performance - The company's operating revenue for Q3 2022 was ¥9,063,248,017.39, an increase of 0.57% compared to the same period last year, and the total revenue for the first nine months reached ¥29,050,288,427.72, up 32.17% year-on-year[3]. - The net profit attributable to shareholders for Q3 2022 was ¥1,413,754,427.43, a significant increase of 99.88% year-on-year, with a total net profit of ¥3,984,820,929.24 for the first nine months, reflecting a 191.52% increase[3]. - The company's basic earnings per share for Q3 2022 was ¥0.4001, up 99.85% year-on-year, and the diluted earnings per share also stood at ¥0.4001, marking the same percentage increase[3]. - The total operating revenue for the current period reached ¥29,050,288,427.72, an increase of 32.5% compared to ¥21,980,072,199.57 in the previous period[12]. - The net profit for the third quarter of 2022 was CNY 4,570,155,466.11, a significant increase from CNY 1,852,368,257.61 in the same period last year, representing a growth of approximately 146.5%[13]. - Operating profit reached CNY 6,223,429,667.47, compared to CNY 2,495,858,670.23 in the previous year, marking an increase of about 149.0%[13]. - The total revenue from operating activities was CNY 23,193,348,175.84, up from CNY 21,429,251,975.22, indicating a growth of approximately 8.2%[15]. Cash Flow and Investments - The net cash flow from operating activities for the first nine months was ¥4,349,849,818.23, an increase of 54.87% compared to the previous year[3]. - The cash flow from operating activities generated a net amount of CNY 4,349,849,818.23, compared to CNY 2,808,713,559.86 in the previous year, reflecting an increase of around 54.8%[15]. - The company incurred a net cash outflow from investing activities of CNY 1,574,406,796.37, compared to a net outflow of CNY 972,019,526.28 in the previous year, reflecting an increase in investment activities[15]. - The net cash outflow from financing activities was CNY 5,814,824,328.17, compared to CNY 2,913,683,707.41 in the previous year, indicating increased financing costs[15]. - The company received CNY 11,843,539,058.28 in cash from borrowings, which is an increase from CNY 11,204,860,380.20 in the previous year, showing a growth of approximately 5.7%[15]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥49,334,099,391.90, a decrease of 1.21% from the end of the previous year[3]. - The total assets decreased to ¥49,334,099,391.90 from ¥49,936,991,044.63, indicating a decline of 1.2%[11]. - The total liabilities decreased to ¥24,796,293,695.35 from ¥25,451,349,193.46, a reduction of 2.6%[11]. - The company's fixed assets increased to ¥16,498,208,108.99 from ¥16,087,063,443.42, reflecting a growth of 2.6%[10]. - The company's total equity increased slightly to ¥24,537,805,696.55 from ¥24,485,641,851.17, indicating a growth of 0.2%[11]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 80,712, with the top 10 shareholders holding a combined 74.69% of shares[7]. - Jizhong Energy Group Co., Ltd. holds 32.81% of shares, making it the largest shareholder with 1,159,245,197 shares[7]. - The company has 540,000,000 pledged shares, with significant portions held by major shareholders[7]. - The company reported a total of 335,000,000 shares held through margin trading accounts by major shareholders[7]. Research and Development - Research and development expenses for the first nine months amounted to ¥518,912,243.62, representing a 113.34% increase year-on-year, indicating a significant boost in R&D investment[5]. - Research and development expenses increased significantly to ¥518,912,243.62, compared to ¥243,236,274.60 in the previous period, reflecting a growth of 113.0%[12]. Other Financial Metrics - The balance of accounts receivable increased by 106.80% to ¥3,071,529,457.60, primarily due to rising coal prices and rolling settlements[5]. - The company reported a significant increase in special reserves, which rose by 1255.48% to ¥221,187,206.12, attributed to ongoing safety investment projects[5]. - The company experienced a 47.03% increase in taxes and surcharges for the first nine months, totaling ¥983,104,228.36, driven by higher sales revenue and increased resource tax rates[5]. - The cash and cash equivalents at the end of the reporting period were ¥8,831,939,850.98, a decrease of 35.04% year-on-year, mainly due to investments and debt repayments[5]. - Cash and cash equivalents decreased from RMB 12,138,926,173.52 at the beginning of the year to RMB 9,496,138,444.79[9]. - The cash and cash equivalents at the end of the period were CNY 11,871,321,157.29, down from CNY 14,672,558,355.38 at the end of the previous year, indicating a decrease of approximately 19.2%[14]. Share Transactions - The company plans to sell all 381,262,977 shares of Hebei Jinniu Chemical Co., Ltd., representing 56.04% of its total share capital, to Hebei Expressway Group Co., Ltd. for a total consideration of approximately RMB 2,318,078,900.16[8]. - The transaction for the sale of Hebei Jinniu Chemical shares is pending approval from the company's fourth extraordinary general meeting[8].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥19,987,040,410.33, representing a 54.13% increase compared to ¥12,967,907,611.13 in the same period last year[12]. - Net profit attributable to shareholders was ¥2,571,066,501.81, a significant increase of 289.79% from ¥659,608,889.74 in the previous year[12]. - The net cash flow from operating activities reached ¥3,100,710,414.62, up 492.53% from ¥523,300,239.19 year-on-year[12]. - Basic earnings per share rose to ¥0.7276, reflecting a 289.72% increase compared to ¥0.1867 in the same period last year[12]. - The weighted average return on equity improved to 13.82%, an increase of 10.48 percentage points from 3.34% in the previous year[12]. - The company reported a total comprehensive income of CNY 2,955,129,444.29 for the first half of 2022, compared to CNY 950,502,057.52 in the previous year[99]. - The company's total current assets decreased to CNY 15,550,035,214.49 from CNY 17,078,513,603.79 at the beginning of the year[93]. - The company's total equity decreased from CNY 24,485,641,851.17 to CNY 23,026,091,736.26, a decline of approximately 5.96%[95]. Assets and Liabilities - Total assets at the end of the reporting period were ¥48,631,465,859.59, a decrease of 2.61% from ¥49,936,991,044.63 at the end of the previous year[12]. - Net assets attributable to shareholders decreased by 6.94% to ¥19,371,967,485.11 from ¥20,817,599,356.41 at the end of the previous year[12]. - The company's total liabilities increased from CNY 25,451,349,193.46 to CNY 25,605,374,123.33, marking a rise of about 0.60%[95]. - The company's cash and cash equivalents decreased from CNY 9,539,078,794.78 to CNY 5,993,188,685.10, a drop of approximately 37.67%[96]. - The company's total liabilities at the end of the current period were CNY 12,123,948,963.09[113]. Investments and Acquisitions - The company reported an investment amount of ¥860,854,065.99 for the reporting period, representing a 104.67% increase compared to ¥420,600,000.00 in the same period last year[27]. - The company completed the acquisition of 135,995,903 shares of Jinniu Chemical, representing 19.99% of its total share capital, for a total consideration of ¥860,854,065.99[59]. - The company established Hebei Jizhong Hanfeng Mining Co., Ltd. with an investment of ¥500,000,000.00, acquiring a 100% stake[28]. Revenue Sources - Coal segment revenue amounted to CNY 16,333,995,017.82, accounting for 81.72% of total revenue, with a year-on-year growth of 69.36%[22]. - The company achieved a revenue of 1,772.99 million from filling materials, which is a 1.34% growth[52]. - The revenue from comprehensive services provided to related parties amounted to 2,006.5 million, showing a significant increase of 66.12%[52]. Research and Development - The company's research and development investment increased by 160.39% to CNY 272,643,569.60, up from CNY 104,706,297.43, reflecting a significant commitment to innovation[20]. - Research and development expenses increased to CNY 272,643,569.60, up 160.4% from CNY 104,706,297.43 in the first half of 2021[98]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities[38]. - The company has installed online monitoring systems for wastewater discharge to ensure compliance with environmental standards[39]. - The company has made significant management changes, including the appointment of new deputy general managers on April 11, 2022[36]. Community Engagement - The company has three village assistance teams with a total of 9 members, focusing on poverty alleviation and rural revitalization efforts[46]. - The company aims to increase collective economic income in the assisted villages by no less than 10% annually[46]. - The company has implemented various community projects, including the construction of a 400 square meter square and planting over 100 fruit trees[46]. Corporate Governance - There were significant changes in the board and management, with multiple resignations and appointments occurring on April 11 and April 27, 2022[36]. - The company held its first extraordinary shareholders' meeting of 2022 with a participation rate of 58.54% on April 27, 2022[35]. Risk Management - The company has identified potential risks and corresponding countermeasures in its management discussion and analysis section[2]. - The company faces market risks due to the coal industry's dependence on macroeconomic conditions and potential impacts from the COVID-19 pandemic[34]. Related Party Transactions - The total amount of related party transactions with Pingping Group was CNY 335.74 million, accounting for 3.65% of similar transaction amounts[51]. - The related party transaction amount with Huan Mining Group was CNY 46.19 million, representing 0.50% of similar transaction amounts[51]. Financial Reporting - The company's half-year financial report has not been audited[47]. - The company has not reported any instances of exceeding pollutant discharge standards during the reporting period[39].

Financial Performance - The company's operating revenue for 2021 was ¥31,424,241,158.19, representing a 52.23% increase compared to ¥20,642,554,379.76 in 2020[14]. - The net profit attributable to shareholders for 2021 was ¥2,739,346,330.99, a significant increase of 248.73% from ¥785,510,679.90 in 2020[14]. - The net profit after deducting non-recurring gains and losses was ¥2,530,849,616.74, which is a 216.44% increase compared to ¥799,785,700.14 in 2020[14]. - The basic earnings per share for 2021 was ¥0.7752, up 248.72% from ¥0.2223 in 2020[14]. - The weighted average return on equity for 2021 was 13.58%, an increase of 9.69% from 3.89% in 2020[14]. - The total revenue for 2021 reached ¥31,424,241,158.19, a 52.23% increase from ¥20,642,554,379.76 in 2020[31]. - The company achieved an operating revenue of 31.424 billion yuan and a net profit of 3.512 billion yuan in the past year, marking an increase of 107.82 million yuan and 23.58 million yuan year-on-year, respectively, achieving the best operating performance since its establishment[25]. - The company reported a net profit of 10,006.22 million CNY from coal mining and processing activities[54]. - The company reported a significant increase in coal production, reaching 10 million tons in 2021, representing a 15% year-over-year growth[71]. - The company plans to achieve a raw coal production target of 25.84 million tons and an operating revenue of 32 billion CNY for 2022[55]. Operational Performance - The company produced 25.86 million tons of raw coal and sold 29.09 million tons in 2021, reflecting a strong operational performance[21]. - The total coal production in 2021 was 25.8634 million tons, a decrease of 6.24% compared to 2020, while sales volume remained stable at 29.0931 million tons, showing no change year-on-year[26][28]. - The average selling price of washed coal increased by 61.13% to 1,511 yuan in 2021 compared to 2020, contributing to improved revenue[29]. - The company has a total geological reserve of 3 billion tons and an annual approved production capacity of 32.43 million tons as of December 31, 2021[23]. - The company has implemented strategic measures to enhance operational efficiency, achieving record monthly production in certain segments and improving overall productivity[26]. - The company plans to maintain stable coal production levels in 2022, anticipating a balanced supply-demand scenario in the coal market[20]. Cash Flow and Investments - The net cash flow from operating activities for 2021 was ¥5,018,810,655.08, a decrease of 24.41% from ¥6,639,715,519.64 in 2020[14]. - The company’s total investment cash outflow decreased by 49.85% to ¥2,387,849,800.18[44]. - The company’s cash and cash equivalents decreased by 5.10% from the beginning of the year, amounting to ¥12,138,926,173.52, which represents 24.31% of total assets[46]. - The company reported a significant increase in investment income, which reached ¥440.22 million in 2021, down from ¥607.42 million in 2020, indicating a decrease of about 27.6%[199]. Shareholder Returns - The company plans to distribute a cash dividend of ¥10.00 per 10 shares (including tax) to all shareholders[4]. - The company maintained a dividend payout of 1.443 billion yuan, representing 125% of the annual net profit, reflecting strong financial health and commitment to shareholder returns[27]. - The company declared a cash dividend of 10.00 CNY per 10 shares, totaling 3,533,546,850 CNY, which represents 100% of the distributable profit[94]. - The distributable profit for the year was reported at 11,051,748,138.65 CNY, with a retained earnings balance of 12,123,948,963.09 CNY at year-end[94]. Internal Controls and Governance - The company has established a robust internal control system to mitigate risks and enhance governance capabilities, ensuring sustainable growth and operational stability[27]. - The company has identified significant internal control deficiencies in non-financial reporting during the audit process[3]. - The internal control system has been established to ensure compliance with laws and regulations, focusing on governance structure and risk management[96]. - A significant internal control deficiency was identified regarding the approval process for related party transactions, but it did not impact the financial report[97]. - The company has a governance structure that complies with the requirements of the Company Law and the China Securities Regulatory Commission[58]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating a commitment to environmental responsibility[105]. - The company reported a total of 0.815 tons of particulate matter emissions, significantly below the standard limit of 30 mg/m3[106]. - The company has implemented online monitoring systems for emissions, ensuring compliance with local environmental regulations[111]. - The company has successfully registered and approved environmental impact assessments for multiple projects, demonstrating proactive environmental management[111]. - The company has incurred a total of 7.117 million yuan in environmental fines during the reporting period, all of which were of a general nature and did not involve any environmental incidents[115]. Strategic Initiatives - The company is focused on high-quality development, with ongoing projects such as the completion of the first phase of Jizhong New Materials and the operation of the provincial coal emergency guarantee storage and transportation center[27]. - The company plans to expand its production capacity with the new 100,000-ton production line for glass fiber, which commenced operations in March 2021[35]. - The company is exploring potential mergers and acquisitions to enhance its resource base and market share[71]. - The company plans to expand its market presence in the northern regions of China, aiming for a 15% increase in market share by 2023[74]. Management and Leadership - The company reported a significant leadership change on October 8, 2021, with the departure of Chairman Zhao Bingwen and General Manager Zhao Shengshan due to work-related reasons[66]. - The company has experienced a turnover in its board and management, indicating potential shifts in strategic direction and operational focus[68]. - The current management team includes experienced professionals with backgrounds in engineering, economics, and finance, ensuring strong leadership[69]. - The management team emphasizes a commitment to corporate governance and transparency, with regular updates to stakeholders planned[71]. Related Party Transactions - The company reported a total of 1,046.36 million yuan in related party transactions, accounting for 23.62% of similar transaction amounts[135]. - The pricing for all related party transactions was based on market pricing principles, maintaining transparency[135]. - The company has not reported any revenue from the Mechanical Equipment Group, indicating a potential area for improvement[136]. - The company has established a procurement relationship with related parties, with a total of 377.59 million in transactions recorded[138]. Community Engagement - The company has established three poverty alleviation work teams with a total of 9 members, focusing on supporting local communities and enhancing infrastructure[116]. - The company has actively participated in local pandemic prevention efforts by donating medical supplies to its supported villages[117]. - The company has donated over a thousand pieces of clothing to local residents as part of its community support initiatives[117].

Financial Performance - The company's operating revenue for Q1 2022 was ¥9,232,472,480.43, representing a 54.50% increase compared to ¥5,975,597,988.63 in the same period last year[3] - Net profit attributable to shareholders was ¥983,779,634.82, a significant increase of 511.18% from ¥160,963,518.83 year-on-year[3] - The net profit after deducting non-recurring gains and losses reached ¥1,046,231,340.66, up 663.72% from ¥136,991,713.63 in the previous year[3] - Basic earnings per share increased to ¥0.2784, a rise of 510.53% compared to ¥0.0456 in the previous year[3] - The total profit for the first quarter of 2022 was approximately ¥1.63 billion, a significant increase from ¥470.58 million in the same period last year, representing a growth of over 246%[15] - The net profit attributable to the parent company's shareholders reached approximately ¥983.78 million, compared to ¥160.96 million in the previous year, marking an increase of about 510%[15] - The total comprehensive income for the first quarter was approximately ¥1.19 billion, compared to ¥328.82 million in the same period last year, showing a growth of over 262%[15] Cash Flow and Investments - The company's cash flow from operating activities was ¥631,880,143.14, down 22.96% from ¥820,191,808.37 in the same period last year[3] - The net cash flow from operating activities was ¥631.88 million, down from ¥820.19 million in the previous year, indicating a decrease of approximately 23%[17] - The cash outflow from investing activities was approximately ¥1.41 billion, significantly higher than ¥275.92 million in the same period last year[18] - The net cash flow from financing activities was negative at approximately -¥1.73 billion, compared to -¥1.17 billion in the previous year, indicating an increase in cash outflow[18] - As of March 31, 2022, the company's cash and cash equivalents amounted to ¥9,857,290,660.38, a decrease from ¥12,138,926,173.52 at the beginning of the year, representing a decline of approximately 18.7%[11] - The cash and cash equivalents at the end of the period were approximately ¥9.40 billion, down from ¥14.14 billion at the end of the previous year, reflecting a decrease of about 33%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥49,523,390,115.07, a slight decrease of 0.83% from ¥49,936,991,044.63 at the end of the previous year[3] - The total liabilities decreased to CNY 23,751,384,617.39 from CNY 25,451,349,193.46, indicating improved financial stability[13] - The company's total assets as of the end of Q1 2022 were CNY 49,523,390,115.07, a slight decrease from CNY 49,936,991,044.63 at the end of the previous period[13] - The company's equity attributable to shareholders increased by 5.18% to ¥21,895,542,184.57 from ¥20,817,599,356.41 at the end of the previous year[3] - The total equity attributable to shareholders increased to CNY 21,895,542,184.57 from CNY 20,817,599,356.41, indicating growth in shareholder value[13] Shareholder Information - The top ten shareholders include state-owned entities, with Jizhong Energy Group holding 32.81% of shares, and other significant shareholders including Peak Group and Handan Mining Group[9] - The company reported a total of 335,000,000 shares held through margin trading by Jizhong Energy Group, indicating active participation in financing activities[9] - The total number of shareholders with restricted shares is 526,797,385, indicating a significant portion of shares under lock-up conditions[8] - The company has not disclosed any relationships among the top ten shareholders, nor whether they are considered acting in concert under relevant regulations[9] Accounts Receivable and Prepayments - Accounts receivable increased by 34.47% to ¥1,997,274,968.20, primarily due to rising coal prices[6] - The accounts receivable increased to ¥1,997,274,968.20 from ¥1,485,250,859.88, reflecting a growth of about 34.4%[11] - Prepayments rose by 107.97% to ¥370,618,108.46, mainly due to increased prepayments for raw coal by a subsidiary[6] - The prepayments increased significantly to ¥370,618,108.46 from ¥178,203,339.03, marking an increase of approximately 108.5%[11] Research and Development - Research and development expenses for Q1 2022 were CNY 42,280,844.45, an increase from CNY 32,540,028.48 in the previous year, indicating a focus on innovation[14] Audit Information - The company did not undergo an audit for the first quarter report[19]

Financial Performance - The company's operating revenue for 2021 was ¥31,424,241,158.19, representing a 52.23% increase compared to ¥20,642,554,379.76 in 2020[14]. - The net profit attributable to shareholders for 2021 was ¥2,739,346,330.99, a significant increase of 248.73% from ¥785,510,679.90 in 2020[14]. - Basic earnings per share for 2021 reached ¥0.7752, up 248.72% from ¥0.2223 in 2020[14]. - The company achieved an annual revenue of 31.424 billion yuan, a year-on-year increase of 107.82 million yuan, and a net profit of 3.512 billion yuan, up by 235.8 million yuan, marking the best operating performance since its establishment[24]. - The company reported a significant increase in operating profit to 95,966.76 million yuan from its coal mining subsidiary[53]. - The total operating revenue for 2021 was CNY 31,424,241,158.19, representing a 52.3% increase from CNY 20,642,554,379.76 in 2020[190]. - The net profit for 2021 reached CNY 3,512,087,353.91, a significant increase compared to CNY 1,153,730,066.83 in 2020, marking a growth of 204.5%[191]. Assets and Liabilities - The company's total assets at the end of 2021 were ¥49,936,991,044.63, a slight decrease of 0.34% from ¥50,109,863,788.67 at the end of 2020[14]. - The total liabilities decreased to CNY 21,724,523,861.79 in 2021 from CNY 23,790,039,819.52 in 2020, reflecting a reduction of approximately 8.7%[189]. - The company's total assets amounted to CNY 43,967,723,936.15, down from CNY 45,413,046,029.22 in the previous year, indicating a decrease of about 3.2%[189]. - The company's cash and cash equivalents decreased by ¥2,801,237,198.09, marking a 202.64% decline compared to the previous year[43]. - The company's inventory increased by 24.23% to ¥998,344,406.36, which is 2.00% of total assets[45]. Cash Flow - The net cash flow from operating activities for 2021 was ¥5,018,810,655.08, a decrease of 24.41% from ¥6,639,715,519.64 in 2020[14]. - The net cash flow from investment activities significantly increased compared to the previous period, primarily due to high cash payments for acquiring equity in Qinglong Coal, North China Pharmaceutical, and Jinniu Chemical[44]. - The cash flow from financing activities decreased significantly due to increased repayments of maturing corporate bonds and dividends[44]. - The cash inflow from sales of goods and services was ¥14,598,675,584.76 in 2021, down from ¥15,275,782,216.57 in 2020, reflecting a decline of 4.4%[198]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of ¥10.00 per 10 shares (including tax) to all shareholders[4]. - The company maintained a dividend payout of 1.443 billion yuan, accounting for 125% of the annual net profit, reflecting strong growth and a consistent dividend policy[26]. - The cash dividend distribution plan for 2021 is to distribute CNY 10.00 per 10 shares, totaling CNY 3,533,546,850.00[91]. - The company has a stable profit distribution policy, emphasizing reasonable returns to investors while ensuring sustainable development[89]. Production and Sales - The company produced 25.86 million tons of raw coal in 2021, with coal sales volume reaching 29.09 million tons[21]. - The coal segment generated ¥24,756,772,006.81, accounting for 78.78% of total revenue, with a year-on-year growth of 58.77%[31]. - The average selling price of washed coking coal increased by 61.13% to 1,511 yuan in 2021 compared to 937.76 yuan in 2020[28]. - The company’s coal sales volume remained stable at 29.0931 million tons in 2021, showing no change compared to 2020[27]. Research and Development - Research and development expenses amounted to ¥325,310,145.02, reflecting a 33.81% increase from the previous year[42]. - The company is committed to ongoing research and development of new products and technologies to drive future growth[64]. - The company emphasizes technological innovation and resource integration in its operational strategy[71]. Governance and Management - The company has implemented a comprehensive risk management strategy, focusing on internal controls and investor relations to enhance governance capabilities[26]. - The company has a clear ownership structure with no instances of assets being occupied or used by the controlling shareholder without compensation[58]. - The company has a robust internal control system and governance framework, including a board of directors and supervisory board[60]. - The company reported a significant leadership change with the resignation of Chairman Zhao Bingwen, General Manager Zhao Shengshan, and Director Zhao Pengfei on October 8, 2021 due to work-related reasons[64]. Environmental Responsibility - The company has implemented online monitoring systems for wastewater discharge, ensuring compliance with environmental standards[102]. - The company has not reported any significant environmental violations or exceedances in pollutant discharge limits[102]. - The company is committed to reducing emissions and has implemented measures to ensure compliance with the Hebei Province air pollution standards[103]. - The company has taken corrective measures in response to environmental violations, ensuring compliance with regulations[106]. Related Party Transactions - The company engaged in related party transactions with Peak Group, with a transaction amount of CNY 160,600, representing 0.16% of similar transactions[127]. - The total procurement from related parties was 20,044.10 million, making up 9.06% of the total procurement[129]. - The company maintained a consistent pricing strategy in its transactions with related parties, ensuring market pricing compliance[129]. Future Outlook - The company plans to achieve a raw coal production target of 25.84 million tons and an operating revenue of 32 billion yuan for 2022[54]. - The overall performance outlook for the next quarter remains positive, with expected revenue growth across all segments[130]. - The company aims to explore potential mergers and acquisitions to strengthen its market position[130].

Financial Performance - The company's operating revenue for the first nine months reached ¥21,980,072,199.57, an increase of 35.16% compared to the same period last year, primarily due to rising prices of coal and chemical products [7]. - The net profit attributable to shareholders for Q3 was ¥707,306,506.23, representing a 174.12% increase year-on-year, while the net profit for the first nine months was ¥1,366,915,395.97, up 66.28% [3]. - The basic earnings per share for Q3 was ¥0.2002, a 174.25% increase compared to ¥0.0734 in the same period last year [3]. - Total operating revenue for the period reached ¥21,980,072,199.57, an increase of 35.5% compared to ¥16,262,062,575.44 in the previous period [15]. - Net profit attributable to the parent company was ¥1,366,915,395.97, representing a 66.4% increase from ¥822,049,099.57 in the same period last year [16]. - The total comprehensive income attributable to the parent company reached CNY 1,366,687,599.64, a significant increase from CNY 821,870,584.19 in the previous year, representing a growth of approximately 66.5% [17]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥51,127,866,912.12, reflecting a 2.03% increase from the end of the previous year [4]. - The total assets as of September 30, 2021, amount to ¥18,587,796,338.67, compared to ¥19,221,475,983.04 at the end of 2020, showing a decrease of approximately 3.3% [12]. - Total liabilities increased to ¥27,881,500,189.25, compared to ¥27,050,808,552.85, marking a rise of 3.1% [14]. - The company's total liabilities decreased by 55.72% for the current period, primarily due to the repayment of maturing corporate bonds [6]. - The balance of accounts receivable at the end of the period was ¥2,201,292,458.51, an increase of 42.54%, attributed to higher coal prices and increased settlement amounts [6]. - The company's long-term equity investments increased to ¥5,989,577,873.04 from ¥5,530,995,000.22 year-over-year, representing a growth of about 8.3% [12]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥2,808,713,559.86, a decrease of 31.51% compared to the previous year, mainly due to rising procurement costs [7]. - The net cash flow from operating activities was CNY 2,808,713,559.86, down from CNY 4,100,901,890.36 in the same period last year, indicating a decline of about 31.4% [19]. - Cash inflow from operating activities totaled CNY 21,429,251,975.22, compared to CNY 17,311,804,334.27 in the previous year, reflecting an increase of approximately 23.0% [18]. - The cash outflow from operating activities amounted to CNY 18,620,538,415.36, which is an increase from CNY 13,210,902,443.91, representing a rise of about 41.0% [19]. - The net cash flow from investing activities was negative at CNY -972,019,526.28, an improvement from CNY -1,980,990,298.69 in the previous year [19]. - The cash inflow from financing activities was CNY 11,204,860,380.20, compared to CNY 8,376,000,000.00 in the previous year, indicating an increase of approximately 33.0% [19]. Research and Development - Research and development expenses for the first nine months amounted to ¥243,236,274.60, a significant increase of 110.05% year-on-year, driven by investments in new mining technologies [7]. - Research and development expenses increased significantly to ¥243,236,274.60, compared to ¥115,798,735.36 in the previous year, reflecting a growth of 109.8% [16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 94,571, with the top 10 shareholders holding 44.48% of the shares [8]. - The largest shareholder, Jizhong Energy Group, holds 1,571,567,309 shares, representing 44.48% of the total shares [8]. Corporate Governance - The company has undergone a board restructuring, appointing new directors and a new chairman, which may impact future strategic directions [11]. - The company did not undergo an audit for the third quarter report [25]. - The report indicates the first implementation of new leasing standards, but it is not applicable for retrospective adjustment of prior comparative data [24].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 12,967,907,611.13, representing a 21.82% increase compared to CNY 10,412,669,429.81 in the same period last year[12]. - The net profit attributable to shareholders was CNY 659,608,889.74, up 16.95% from CNY 612,847,887.88 year-on-year[12]. - Basic earnings per share increased to CNY 0.1867, reflecting a growth of 16.98% compared to CNY 0.1734 in the previous year[12]. - The company reported a net cash flow from operating activities of CNY 494,002,091.31, a decrease of 12.29% compared to CNY 612,714,096.37 in the same period last year[12]. - The company's operating revenue reached ¥12,967,907,611.13, representing a year-on-year increase of 21.82% compared to ¥10,645,417,519.05 in the same period last year[26]. - The net profit for the period was ¥951,722,642.77, reflecting a 43.16% increase from ¥664,805,325.72 in the previous year, primarily due to rising coal product sales prices[27]. - The company reported a total operating income of 558,308.86 million, with a net profit of 1,100.23 million for the period[44]. - The company reported a total of 150,000 units sold in coal sales, indicating a strong market demand[64]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 50,423,704,142.05, showing a slight increase of 0.63% from CNY 50,109,863,788.67 at the end of the previous year[12]. - The net assets attributable to shareholders decreased by 2.79% to CNY 19,031,155,317.25 from CNY 19,577,080,078.63[12]. - Total liabilities increased to CNY 27.96 billion, up from CNY 27.05 billion, reflecting a growth of 3.45%[98]. - Total equity decreased to CNY 22.47 billion from CNY 23.06 billion, a decline of 2.56%[98]. - The company's total investment during the reporting period was ¥420,600,000.00, reflecting a 40.20% increase compared to ¥300,000,000.00 in the same period last year[37]. - Cash and cash equivalents decreased to CNY 11.12 billion from CNY 12.31 billion, a decline of 9.73%[100]. - Accounts receivable increased to CNY 1.72 billion, up from CNY 1.38 billion, representing a growth of 24.38%[100]. Operational Efficiency - The company plans to enhance its operational efficiency through technological innovation and management improvements[19]. - The company reported a significant reduction in sales expenses by 40.17% to ¥100,620,308.63, attributed to the adjustment of transportation costs to operating costs under new revenue standards[26]. - The company has analyzed potential risk factors and countermeasures in its future development in the management discussion section of the report[3]. - The company aims to strengthen its coal business by leveraging resource and technological advantages, focusing on high-quality development during the 14th Five-Year Plan period[19]. Environmental Compliance - The company has established online monitoring systems for wastewater discharge, ensuring compliance with local environmental regulations[51]. - The company’s wastewater treatment facilities are connected to the municipal environmental monitoring center, enhancing transparency and accountability[51]. - The company reported a total of 2.385 million yuan in environmental fines during the reporting period, all of which were general nature fines without any environmental incidents[56]. - The company has implemented corrective measures in response to all environmental violations, ensuring compliance with regulations[53][55]. - The company has established emergency response plans for environmental incidents, which have been reviewed and approved by experts[52]. Research and Development - Research and development investment surged by 518.96% to ¥104,706,297.43, driven by increased focus on rapid filling mining technology and water prevention technology[26]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[102]. - The company has not disclosed any new product developments or technological advancements in the current report, suggesting a potential area for future announcements[65]. Market Trends and Future Guidance - The overall economic environment for the coal industry is improving, with significant growth in revenue and profits expected in the near future[19]. - Future guidance suggests continued growth in coal and equipment leasing sectors, driven by market demand[64]. - The company plans to optimize its industrial layout and accelerate structural adjustments to mitigate market risks[44]. - The company will closely monitor economic conditions and industry trends to ensure stable operations[44]. Shareholder and Governance - The largest shareholder, Jizhong Energy Group Co., Ltd., holds 44.48% of the shares, amounting to 1,571,567,309 shares, with 600,000,000 shares pledged[84]. - The company has not reported any transactions in the engineering construction segment for the first half of 2021, indicating a potential area for future growth[65]. - The company has not engaged in any violations regarding external guarantees during the reporting period[61]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[87]. Financial Instruments and Risk Management - The company measures expected credit losses based on the weighted average of credit losses for financial instruments, considering past events, current conditions, and future economic forecasts[144]. - The company recognizes impairment losses for financial assets when adverse events affect expected future cash flows, such as significant financial difficulties of the debtor[150]. - The company has established criteria for recognizing and derecognizing financial assets and liabilities, ensuring compliance with accounting standards[136]. - The company utilizes the effective interest method for subsequent measurement of financial liabilities, ensuring accurate reporting of gains and losses[142].

Financial Performance - The company's operating revenue for 2020 was CNY 20,642,554,379.76, a decrease of 8.37% compared to CNY 21,740,054,435.51 in 2019[11]. - The net profit attributable to shareholders for 2020 was CNY 785,510,679.90, reflecting a slight increase of 0.34% from CNY 782,887,735.34 in 2019[11]. - The basic earnings per share for 2020 was CNY 0.2223, a slight increase of 0.32% compared to CNY 0.2216 in 2019[11]. - The weighted average return on equity for 2020 was 3.89%, down from 4.09% in 2019[11]. - The company's total operating revenue for Q1, Q2, Q3, and Q4 of 2020 was approximately ¥5.06 billion, ¥5.35 billion, ¥5.53 billion, and ¥4.70 billion respectively, showing a decline in Q4[15]. - The net profit attributable to shareholders for Q1, Q2, Q3, and Q4 was approximately ¥250.58 million, ¥362.27 million, ¥257.65 million, and a loss of ¥84.99 million respectively, indicating a significant drop in Q4[15]. - The company reported a total operating revenue of CNY 20.64 billion, a decrease of 8.37% compared to 2019[30]. - The net profit attributable to shareholders was CNY 786 million, an increase of 0.34% year-on-year[25]. - The coal production volume was 27.58 million tons, a decrease of 3.36% from 2019[26]. - The average selling price of raw coal decreased by 9.05% to CNY 269.92 per ton[28]. - The electricity generation was 2.55 billion kWh, down 9.01% compared to the previous year[25]. - The company’s coal business accounted for 75.54% of total operating revenue, down from 79.42% in 2019[30]. - The company’s chemical segment saw a revenue increase of 15.00%, contributing 21.22% to total revenue[30]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 85.53% to CNY 6,639,715,519.64 from CNY 3,578,735,131.52 in 2019[11]. - The net cash flow from investment activities dropped significantly by 298.74% to -4,393,508,062.90 CNY due to acquisitions[49]. - Financing activities generated a net cash flow of 483,076,384.83 CNY, a turnaround from a negative cash flow in the previous year[49]. - Cash and cash equivalents at the end of 2020 amounted to ¥14,734,930,935.58, representing 29.41% of total assets, an increase of 3.87% from the beginning of the year[52]. - The company invested a total of ¥2,862,754,899.89 during the reporting period, a substantial increase of 2,664.47% compared to the previous year[55]. - The company reported a significant reduction in coal inventory, down 49.03% to 21.84 million tons[35]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 4 per 10 shares, based on a total of 3,533,546,850 shares[3]. - The cash dividend payout ratio for 2020 was 179.94%, indicating a significant return to shareholders relative to net profit[70]. - The total distributable profit for 2020 was 11,633,027,396.15 CNY, with the cash dividend representing 100% of the total distributable profit[72]. - The cash dividend for 2019 was 1 CNY per 10 shares, amounting to 353,354,685 CNY, representing 45.13% of the net profit attributable to ordinary shareholders[70]. - The company has maintained a consistent cash dividend policy over the past three years, ensuring clarity and compliance with regulations[69]. Acquisitions and Investments - Hebei Jizhong Energy Co., Ltd. acquired 20% of Hebei Jinniu Chemical Co., Ltd. for a total price of 589,036,161.45 CNY at 4.33 CNY per share, completing the transfer on November 3, 2020[40]. - Jizhong Energy acquired 90% of Shanxi Jieneng Qinglong Coal Industry Co., Ltd. through two transactions totaling 85,178,790.78 CNY[41]. - The company reported a 72.30% increase in long-term equity investments, totaling approximately ¥5.53 billion, primarily due to the acquisition of a 10% stake in North China Pharmaceutical[22]. Internal Controls and Governance - The company has identified significant internal control deficiencies related to non-financial reporting during the internal control audit[3]. - The internal control evaluation report indicated a significant defect in non-financial reporting controls related to excessive related party transactions, which were not approved in a timely manner[157]. - The company will ensure timely and accurate information disclosure to protect the interests of minority shareholders[74]. - The company has established a commitment to avoid conflicts of interest and ensure fair market pricing in transactions with related parties[74]. Environmental and Social Responsibility - The company operates under environmental protection standards, with specific pollutant discharge limits being adhered to[109]. - The company reported a total environmental fine of 6.787 million yuan during the reporting period, all of which were general fines without any environmental incidents[112]. - The company actively participated in poverty alleviation efforts, including organizing 19 temporary public welfare positions for impoverished households during the pandemic[104]. - Total funding for poverty alleviation amounted to 30.2 million yuan, with 1.84 million yuan specifically allocated for industrial development poverty alleviation projects[106]. Employee and Management Structure - The total remuneration paid to directors, supervisors, and senior management in 2020 amounted to 7.3188 million CNY[135]. - The company employed a total of 38,063 staff, with 25,649 in production, 769 in sales, and 2,140 in technical roles[138]. - The company has established a performance appraisal management method to align employee remuneration with their contributions and responsibilities[140]. - The company has implemented a comprehensive training program, ensuring 100% of on-the-job employees are trained and certified[141]. Market Position and Future Outlook - The company plans to enhance its market competitiveness through the restructuring and integration of coal enterprises[29]. - The company anticipates a slight increase in coal demand due to ongoing economic development, with a stable coal supply system expected in 2021[65]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 12% to 15%[134]. - New product launches are expected to contribute an additional 1 billion RMB in revenue, with a focus on innovative technologies[134].