Financial Performance - The company reported a total revenue of RMB 10.5 billion for the first half of 2022, representing a year-on-year increase of 15%[7]. - The net profit attributable to shareholders reached RMB 1.2 billion, up 20% compared to the same period last year[7]. - The company's operating revenue for the first half of 2022 was CNY 27.71 billion, an increase of 44.14% compared to CNY 19.23 billion in the same period last year[12]. - Net profit attributable to shareholders reached CNY 5.69 billion, representing a significant increase of 192.88% from CNY 1.94 billion year-on-year[12]. - The net cash flow from operating activities was CNY 5.87 billion, up 52.62% from CNY 3.85 billion in the previous year[12]. - Basic earnings per share increased to CNY 1.39, a rise of 192.86% compared to CNY 0.47 in the same period last year[12]. - The company's total assets at the end of the reporting period were CNY 72.95 billion, reflecting a 3.48% increase from CNY 70.50 billion at the end of the previous year[12]. - The net assets attributable to shareholders increased by 26.97% to CNY 28.65 billion from CNY 22.56 billion year-on-year[12]. - The company's total operating revenue for the first half of 2022 was CNY 27.71 billion, an increase of 44.4% compared to CNY 19.23 billion in the same period of 2021[100]. - The total operating cost for the first half of 2022 was CNY 19.48 billion, up from CNY 16.43 billion in the previous year, reflecting a growth of 18.5%[101]. - The net profit for the first half of 2022 was CNY 2,005,366,580.79, a significant increase from CNY 629,184,432.34 in the same period of 2021, representing a growth of approximately 218.5%[104]. Market Expansion and Strategy - The company plans to expand its production capacity by 10% in the next fiscal year to meet increasing market demand[7]. - User data indicates a 25% increase in customer base, with over 1 million new users acquired in the first half of 2022[7]. - Future guidance estimates a revenue growth of 12% for the second half of 2022, driven by increased sales and market expansion efforts[7]. - The company is exploring strategic acquisitions to enhance its market position and diversify its product offerings[7]. - A new product line aimed at sustainable energy solutions is set to launch in Q4 2022, targeting a growing market segment[7]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability[111]. Investment and R&D - The company has invested RMB 500 million in new technology research and development, focusing on cleaner coal production methods[7]. - Research and development expenses for the first half of 2022 were CNY 294.77 million, an increase of 78.5% compared to CNY 165.05 million in the same period of 2021[101]. - The company has allocated resources for research and development, focusing on innovative solutions to enhance operational efficiency[114]. Environmental Commitment - The company emphasizes its commitment to environmental protection, investing in new technologies and processes to promote green development[35]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[42]. - The company reported total emissions of 1,771.694 tons of particulate matter, 5,823.923 tons of sulfur dioxide, and 11,502.657 tons of nitrogen oxides from power plants and cement factories[43]. - The company has a focus on enhancing its pollution prevention facilities and improving environmental quality in mining areas[35]. - The company has implemented real-time monitoring systems for wastewater discharge, ensuring compliance with environmental standards[46]. - The company has established a comprehensive solid waste management system, utilizing waste for power generation and construction materials[46]. - The company has committed to strict environmental compliance, with regular monitoring and reporting of pollutant emissions[47]. - The company is focused on achieving carbon peak by 2030 and has established a carbon emission management leadership group to coordinate efforts in reducing emissions[50]. Financial Management - The company has no plans to distribute cash dividends or issue bonus shares for this fiscal year[2]. - The management highlighted potential risks including fluctuating coal prices and regulatory changes in the energy sector[2]. - The company's financial expenses decreased by 22.65% to ¥335,317,605.10, down from ¥433,489,045.01 in the previous year[19]. - The company reported a total of 15,702.52 million yuan in the book value of securities at the end of the period[28]. - The company has no significant asset or equity disposals during the reporting period[29]. - The company has no fundraising activities reported during the period[29]. - The company has no current employee stock ownership plans or other incentive measures in place[41]. Social Responsibility - The company has established a dynamic monitoring and assistance mechanism to prevent poverty, focusing on income level changes and ensuring the "two guarantees and three guarantees" are maintained[51]. - The company donated 30,000 yuan to two villages during road repairs in January 2022, demonstrating its commitment to social responsibility[51]. - The company has completed consumption poverty alleviation purchases amounting to 135,000 yuan this year[51]. - The company’s poultry farm has contracted out 30,000 yuan, and the sheep farm has transferred all assets and accounts to the new village committee, currently managing over 350 sheep[51]. Compliance and Governance - The company did not have any major litigation or arbitration matters during the reporting period[59]. - The company’s half-year financial report was not audited[59]. - There were no non-operating fund occupations by controlling shareholders or other related parties during the reporting period[59]. - The company has not engaged in any illegal external guarantees during the reporting period[59]. - The company has maintained its scope of consolidated financial statements without changes[121]. Operational Efficiency - The company is committed to high-quality development and has implemented measures to enhance production efficiency and reduce costs[16]. - The company aims to address market risks by focusing on customer needs and optimizing resource allocation to enhance production and supply efficiency[36]. - The company plans to implement lean management to reduce raw material procurement costs and other expenditures, aiming for improved operational efficiency[36]. - The company has reported a significant increase in employee compensation liabilities, rising to CNY 1,227,681,607.89 from CNY 907,526,771.53, an increase of approximately 35.24%[98].

Dividend Distribution - The company plans to distribute a cash dividend of 8.00 RMB per 10 shares to all shareholders, based on a total of 4,096,560,000 shares[2] - The company has not proposed any stock bonus or capital reserve conversion into share capital for this dividend distribution[2] - The company plans to distribute a cash dividend of 8.00 CNY per 10 shares, totaling 3,277,248,000 CNY, which represents 100% of the distributable profit[108] - The total number of shares for the dividend distribution is based on 4,096,560,000 shares[108] Company Overview - The company is listed on the Shenzhen Stock Exchange under the stock code 000983[7] - The registered address of the company is No. 318, Xikuan Street, Taiyuan City, Shanxi Province, with a postal code of 030053[7] - The company’s legal representative is Zhao Jianzhe[7] - The company has a dedicated website for investor relations at http://www.xsmd.com.cn/web/shangShiGongSi[7] Financial Performance - The company's operating revenue for 2021 was CNY 45.29 billion, an increase of 34.15% compared to CNY 33.76 billion in 2020[13] - The net profit attributable to shareholders in 2021 was CNY 4.17 billion, representing a 112.94% increase from CNY 1.96 billion in 2020[13] - The net cash flow from operating activities reached CNY 11.01 billion, up 110.01% from CNY 5.24 billion in 2020[13] - The basic earnings per share for 2021 was CNY 1.0169, a 112.96% increase from CNY 0.4775 in 2020[13] - The total assets at the end of 2021 were CNY 70.50 billion, a slight decrease of 0.16% from CNY 70.61 billion at the end of 2020[13] - The net assets attributable to shareholders increased by 20.54% to CNY 22.56 billion from CNY 18.72 billion in 2020[13] - The company reported a quarterly revenue of CNY 15.59 billion in Q4 2021, the highest among the four quarters[16] - The company recognized government subsidies amounting to CNY 110.14 million in 2021, compared to CNY 55.42 million in 2020[17] - The company experienced a reversal of impairment provisions for receivables amounting to CNY 150.86 million in 2021[17] - The company’s weighted average return on equity for 2021 was 20.16%, up from 9.17% in 2020[13] Operational Highlights - The company achieved total assets of CNY 70.498 billion and equity attributable to shareholders of CNY 22.561 billion, representing a year-on-year increase of 20.54%[24] - The total operating revenue reached CNY 45.285 billion, with a year-on-year growth of 34.15%[24] - The operating costs amounted to CNY 38.535 billion, reflecting a year-on-year increase of 26.18%, with operating costs specifically at CNY 31.813 billion, up by 27.78%[24] - The net profit attributable to shareholders was CNY 4.166 billion, marking a significant year-on-year increase of 112.94%[24] - The company reported a weighted return on equity (excluding minority interests) of 20.16%, an increase of 10.99 percentage points year-on-year[24] - Research and development expenses rose to CNY 609 million, showing a year-on-year increase of 59.03%[24] - The company maintained a cash inflow of CNY 46.472 billion and a cash outflow of CNY 44.908 billion, resulting in a net increase in cash and cash equivalents of CNY 1.565 billion, up by 36.64% year-on-year[24] Market and Product Insights - The company’s main products include coking coal, thermal power, and chemical products, with a strong competitive position in the domestic coking coal supply[22] - The coal market experienced tight supply conditions throughout the year, driven by increased demand from downstream steel and coking plants[20] - Coal sales contributed ¥25.62 billion, accounting for 56.57% of total revenue, with a year-on-year growth of 44.49%[32] - The average selling price of raw coal increased by 101.74% to ¥585.28 per ton in 2021, compared to ¥290.12 per ton in 2020[31] - The total production of raw coal reached 35.69 million tons in 2021, a slight increase of 0.71% from 35.44 million tons in 2020[30] Environmental and Safety Management - The company is classified as a key pollutant discharge unit by environmental protection authorities[115] - The company has multiple emission outlets, with a total of 9 outlets for boiler exhaust pollutants[116] - The total emissions reported include 147.18 tons of particulate matter and 1,488.64 tons of sulfur dioxide, with no exceedances of emission standards[116] - The company has upgraded wastewater treatment facilities across multiple mines to meet the Shanxi Province's comprehensive wastewater discharge standards, ensuring compliance and effective monitoring of pollutant discharge[118] - The company has implemented clean energy modifications at Xiegou Mine, replacing four 20-ton coal-fired boilers with air source heat pumps and water source heat pumps[119] - The company has achieved compliance with air pollutant emission standards, with all facilities operating within the specified limits for particulate matter, sulfur dioxide, and nitrogen oxides[119] - The company has implemented noise reduction measures in its operations, ensuring that noise emissions meet regulatory standards[120] Governance and Management - The company has established an independent financial accounting system to ensure independent financial decision-making[72] - The total pre-tax remuneration for the board members, supervisors, and senior management in 2021 amounted to 689.59 million CNY[92] - The company implemented a performance-based salary system for non-independent directors, with salaries linked to annual operational performance evaluations[90] - The board of directors held a total of 6 meetings during the reporting period, with all members actively participating[93] - The audit committee conducted 4 meetings, focusing on the annual report audit communication prior to the audit process[97] Future Outlook and Strategic Initiatives - The company provided a positive outlook for 2022, projecting a revenue growth of 10% to 12% based on market expansion strategies[80] - The company plans to enhance its coal business through mergers and acquisitions to improve market influence and competitiveness[65] - The company aims to optimize traditional coking industry and enhance competitiveness in response to environmental regulations[67] - The company is focusing on sustainable development in its building materials sector by utilizing waste products from coal and power generation[67] - The company plans to produce 34.6 million tons of raw coal, 13.78 million tons of coking coal, generate 19.6 billion kWh of electricity, and produce 4.2 million tons of coke in 2022[68] - The company aims to enhance its core competitiveness and market leadership by accelerating coal resource integration and restructuring[68] Related Party Transactions - The company reported a total of 1,051,210,000 CNY in related party transactions for the year, with a significant portion attributed to procurement and labor services[149] - The procurement of raw coal and port coal accounted for 1,052,100 CNY, while fuel coal procurement reached 1,961,090 CNY[150] - The company utilized market pricing for most of its related party transactions, ensuring competitive pricing strategies[149] - The company disclosed all related party transactions in compliance with regulatory requirements, ensuring accountability[150] Compliance and Regulatory Matters - The company has not engaged in derivative investments during the reporting period, maintaining a conservative investment strategy[58] - The company has not undergone any major litigation or arbitration during the reporting period[147] - The company has maintained a good integrity status for itself and its controlling shareholders[148] - The company reported no expected impairment of entrusted loans or other financial risks during the reporting period[172]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 13,277,791,975.06, representing a 43.41% increase compared to CNY 9,258,755,823.77 in the same period last year[3]. - Net profit attributable to shareholders was CNY 2,456,300,178.37, a significant increase of 170.02% from CNY 909,660,987.95 year-on-year[3]. - The total profit for the quarter was CNY 370,792,000, a 170.26% increase from CNY 137,199,000 year-on-year[5]. - Basic earnings per share rose to CNY 0.5996, up 169.97% from CNY 0.2221 in the same quarter last year[3]. - The company's total operating costs were CNY 9,591,046,609.77, an increase of 21.6% from CNY 7,889,059,943.15 in Q1 2021[13]. - The company's tax expenses for the quarter were CNY 1,004,954,932.90, compared to CNY 366,410,787.16 in the previous year, indicating higher profitability[14]. - The company reported a comprehensive income total of CNY 2,702,962,727.84, significantly up from CNY 1,005,583,546.52 in Q1 2021[15]. Cash Flow - The net cash flow from operating activities reached CNY 2,809,519,230.96, marking a 205.51% increase compared to CNY 919,618,550.24 in the previous year[3]. - The net cash flow from operating activities for Q1 2022 was CNY 2,809,519,230.96, a significant increase from CNY 919,618,550.24 in Q1 2021, representing a growth of approximately 205.5%[36]. - The net cash flow from investing activities was CNY -71,189,000, a decrease of 67.09% compared to the previous period, primarily due to payments for acquiring equity in Shuiyu Coal Industry[24]. - The net cash flow from financing activities was -CNY 154,226,609.18, contrasting with a positive net cash flow of CNY 1,497,059,154.98 in Q1 2021[36]. - The company's cash and cash equivalents amounted to CNY 8,912,042,727.24, compared to CNY 6,883,652,840.54 at the beginning of the year, indicating an increase of about 29.5%[9]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 73,644,909,532.07, an increase of 4.46% from CNY 70,497,875,041.10 at the end of the previous year[3]. - The total liabilities amounted to CNY 44,746,816,266.50, slightly up from CNY 44,507,890,104.56 year-on-year[12]. - The total non-current assets decreased slightly to CNY 54,170,206,000.15 from CNY 54,953,724,531.70, indicating a decline of about 1.4%[10]. - The company's short-term borrowings decreased to CNY 1,373,600,000.00 from CNY 1,874,649,345.83, reflecting a decrease of approximately 26.7%[10]. - The total equity attributable to shareholders of the parent company increased to CNY 25,228,420,020.52 from CNY 22,561,148,909.22 year-on-year[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 120,424, with the largest shareholder, Shanxi Coking Coal Group Co., Ltd., holding 54.40% of shares, equating to 2,228,479,641 shares[6]. - The largest shareholder, Shanxi Coking Coal Group Co., Ltd., holds 54.40% of the shares, while the second-largest shareholder, Hong Kong Central Clearing Limited, holds 3.73%[6]. Research and Development - Research and development expenses increased by 135.69% to CNY 4,766,000, reflecting a greater investment in R&D[5]. - Research and development expenses for the quarter were CNY 47,662,630.10, significantly higher than CNY 20,222,192.84 in the same quarter last year, reflecting a focus on innovation[13]. Other Income and Expenses - The company reported a significant increase in other income, which rose by 2,778.23% to CNY 2,135,000, primarily due to interest recovery from a subsidiary[5]. - The company experienced a 67.09% decrease in cash flow from investing activities, totaling CNY -71,189,000, mainly due to prior payments for acquiring equity in a subsidiary[5].

Financial Performance - The company's operating revenue for Q3 2021 was ¥10,465,513,719.52, representing a 26.92% increase compared to ¥7,610,012,749.14 in the same period last year[3] - Net profit attributable to shareholders for Q3 2021 reached ¥1,230,104,716.79, a significant increase of 174.90% from ¥517,182,525.12 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,213,743,637.53, up 159.56% from ¥537,311,320.38 year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.3002, a 174.91% increase compared to ¥0.1263 in the same quarter last year[4] - The weighted average return on equity for Q3 2021 was 4.62%, up from 2.37% in the same period last year[4] - Total operating revenue for Q3 2021 reached CNY 29.69 billion, an increase of 24.4% compared to CNY 23.83 billion in Q3 2020[15] - Net profit for Q3 2021 was CNY 3.53 billion, representing a 95.3% increase from CNY 1.80 billion in Q3 2020[17] - The net profit attributable to the parent company for Q3 2021 was CNY 3,174,215,363.47, an increase of 91.5% compared to CNY 1,657,547,762.73 in the same period last year[18] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 3,174,215,363.47, up from CNY 1,657,547,762.73, reflecting a significant growth[18] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.7748, compared to CNY 0.4046 in Q3 2020, representing an increase of 91.2%[18] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥70,215,434,208.40, showing a slight decrease of 0.56% from ¥63,728,992,317.67 at the end of the previous year[4] - The equity attributable to shareholders at the end of Q3 2021 was ¥22,030,140,299.78, reflecting a 17.71% increase from ¥18,506,075,864.16 at the end of the previous year[4] - The company's total liabilities decreased to CNY 44.77 billion from CNY 48.87 billion year-over-year[37] - The company's total liabilities decreased to CNY 16.73 billion from CNY 17.73 billion, a decline of 5.63%[36] - Long-term borrowings rose by 31.91% to 997,170,000, primarily due to new bank loans[8] - Long-term borrowings rose to CNY 9.97 billion, an increase of 31.9% from CNY 7.56 billion in the previous period[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥6,942,272,311.56, representing a 106.08% increase compared to ¥3,350,968,958.04 in the same period last year[3] - Cash inflow from operating activities for Q3 2021 was CNY 27,356,590,003.29, a rise of 24.9% from CNY 21,908,899,808.12 in the previous year[20] - The net cash flow from operating activities increased to CNY 6,942,272,311.56, compared to CNY 3,368,647,527.26 in Q3 2020, marking a growth of 106.5%[20] - The cash outflow from investing activities for Q3 2021 was CNY 2,312,845,528.31, compared to CNY 1,210,962,163.58 in the same period last year, indicating an increase of 91.2%[21] - The net cash flow from financing activities was negative CNY 2,645,858,894.34, an improvement from negative CNY 4,127,051,137.12 in Q3 2020[21] - The cash and cash equivalents at the end of Q3 2021 amounted to CNY 5,863,306,328.66, up from CNY 3,992,528,320.27 at the end of Q3 2020[21] Research and Development - Research and development expenses increased by 70.62%, totaling 34,241,000, reflecting a significant investment in innovation[8] - Research and development expenses increased to CNY 342.41 million, up 70.6% from CNY 200.69 million in the previous year[17] - The company's commitment to enhancing its R&D capabilities is reflected in the significant increase in research and development expenses[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 159,455, with the largest shareholder, Shanxi Coking Coal Group, holding 54.40%[9] - The total number of common shareholders at the end of the reporting period is 159,455, with Shanxi Coking Coal Group holding 54.40% of the shares[31] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] Miscellaneous - The company did not classify any non-recurring gains and losses as regular gains and losses[7] - The company did not require adjustments to the initial balance sheet items under the new leasing standards, indicating no impact from the new regulations[22] - The Q3 2021 report was not audited, which is noted in the financial disclosures[24] - The third-quarter report was not audited, which may affect the reliability of the financial data presented[44]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 10.5 billion, representing a year-on-year growth of 15%[7]. - The net profit attributable to shareholders for the first half of 2021 was RMB 1.2 billion, an increase of 20% compared to the same period last year[7]. - Future guidance estimates a revenue growth of 12% for the second half of 2021, driven by increased coal production and sales[7]. - The company's operating revenue for the current period is ¥19,226,858,353.13, representing a 23.37% increase compared to the previous year's adjusted revenue of ¥15,584,867,987.98[12]. - The net profit attributable to shareholders for the current period is ¥1,944,110,646.68, a 60.66% increase from the previous year's adjusted net profit of ¥1,210,067,221.11[12]. - The basic earnings per share for the current period is ¥0.4746, which is a 60.66% increase from the previous year's adjusted earnings per share of ¥0.2954[12]. - The company produced 1,797,000 tons of raw coal in the first half of 2021, a 10.93% increase from 1,620,000 tons in the same period of 2020[18]. - The sales volume of commercial coal reached 1,490,000 tons in the first half of 2021, representing a 21.14% increase compared to 1,230,000 tons in the first half of 2020[18]. - Coal revenue increased by 38.93% year-on-year, driven by higher average selling prices and increased sales volume[26]. Investment and Expansion Plans - The company plans to expand its production capacity by 10% in the next fiscal year to meet increasing market demand[7]. - The company is exploring strategic acquisitions to enhance its market position and diversify its product offerings[7]. - A new product line focused on renewable energy solutions is expected to launch in Q4 2021, aiming to capture a share of the growing green energy market[7]. - The company plans to continue expanding its market presence and enhance production capabilities in response to the growing demand for coal and related products[17]. Research and Development - The company has invested RMB 500 million in research and development for new technologies aimed at improving energy efficiency[7]. - The company invested CNY 165.05 million in R&D, a 51.81% increase from CNY 108.72 million in the previous year, indicating a focus on innovation and transformation[23]. Financial Management and Cash Flow - The net cash flow from operating activities is ¥3,845,358,277.96, showing a significant increase of 178.00% compared to the previous year's adjusted cash flow of ¥1,383,201,818.10[12]. - The total cash flow from operating activities was approximately CNY 3.85 billion, a significant increase of 178.00% from CNY 1.38 billion in the same period last year[23]. - The company reported a total cash balance of CNY 4,829,450,108.40 as of June 30, 2021, compared to CNY 4,986,567,023.93 at the end of the previous year[121]. Environmental Compliance and Sustainability - The company is committed to environmental compliance, with all emissions reported to be within the specified standards[51]. - The company has upgraded wastewater treatment facilities across its mines to meet the Shanxi Province's wastewater discharge standards, ensuring compliance with total phosphorus ≤2mg/l and COD ≤20mg/l[53]. - The company has implemented a clean energy transformation at the Xiegou Mine, replacing four 20-ton coal-fired boilers with air source heat pumps and water source heat pumps, expected to be completed by September[54]. - The company has established a comprehensive environmental management system, with dedicated departments for environmental protection and regular performance assessments of pollution control measures[55]. Risk Management - The management highlighted potential risks including fluctuating coal prices and regulatory changes in the energy sector[2]. - The company is facing risks related to coal market fluctuations, including potential declines in sales and prices due to economic slowdowns and overcapacity[44]. - The company aims to implement measures to reduce production costs and improve operational efficiency in response to rising raw material and labor costs[44]. Corporate Governance - The company has maintained stable governance with no changes in its board of directors or senior management during the reporting period[48]. - The company has committed to ensuring that all promised actions regarding asset transactions are fulfilled, maintaining transparency and accountability[63]. Community Engagement and Social Responsibility - In the first half of 2021, the company purchased agricultural products worth CNY 630,000 from Baode County and CNY 105,000 of lamb from the Renjiata Village lamb breeding farm, supporting consumption poverty alleviation[61]. - The company emphasized the importance of monitoring and supporting populations at risk of returning to poverty, implementing early detection and intervention strategies[61]. - The company is committed to enhancing rural living conditions by organizing environmental sanitation campaigns and improving agricultural practices[61]. Financial Position and Equity - The total assets at the end of the current period amount to ¥69,666,218,802.81, reflecting a decrease of 1.34% from the previous year's total assets of ¥70,610,618,878.67[12]. - The total equity of the company increased to ¥15,236,990,221.70, up from ¥14,393,569,357.36, representing a growth of 5.9%[127]. - The company's total liabilities decreased from CNY 48.87 billion to CNY 45.37 billion, a decline of approximately 5.1%[123]. Accounting and Financial Reporting - The financial statements are prepared based on the actual transactions and events, adhering to the accounting standards set by the Ministry of Finance[154]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired[160]. - The company applies a weighted average cost method for inventory valuation, including procurement and processing costs[188].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 9,258,755,823.77, representing a 19.42% increase compared to the same period last year[4]. - Net profit attributable to shareholders for Q1 2021 was CNY 909,660,987.95, a 49.35% increase year-over-year[4]. - Basic earnings per share for Q1 2021 was CNY 0.2221, reflecting a 49.36% increase compared to the previous year[4]. - Operating profit for Q1 2021 was ¥1,378,306,575.24, up 55.9% from ¥884,075,306.82 in Q1 2020[40]. - The total profit for the period was CNY 1,371,994,333.68, which is a significant increase from CNY 886,482,729.73 in Q1 2020, marking a growth of 55.0%[92]. - The total comprehensive income for Q1 2021 was CNY 300,340,918.56, up from CNY 254,522,413.06 in Q1 2020, reflecting a growth of approximately 18%[44]. Cash Flow - The net cash flow from operating activities decreased by 48.56% to CNY 919,618,550.24 compared to the same period last year[4]. - Cash flow from operating activities generated a net amount of CNY 919,618,550.24, down from CNY 1,787,601,684.45 in Q1 2020, showing a decline of approximately 48%[46]. - Cash inflow from financing activities totaled CNY 3.83 billion, compared to CNY 1.79 billion in Q1 2020, marking a significant increase of 113.5%[98]. - Cash outflow from investing activities in Q1 2021 was CNY 2,167,262,147.41, compared to CNY 474,536,829.16 in Q1 2020, showing a substantial rise in investment expenditures[46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 70,752,131,787.18, a slight increase of 0.20% from the end of the previous year[4]. - Total liabilities decreased by 31.35% to CNY 92,501,000, primarily due to a reduction in advance coal payments[11]. - The company's total liabilities were reported at CNY 47,777,610,290.56, down from CNY 48,870,984,680.68, showing a decrease of about 2.2%[33]. - Current liabilities decreased to CNY 30,010,375,292.28 from CNY 32,559,702,578.21, a reduction of about 7.8%[33]. Shareholder Information - The company had a total of 126,185 shareholders at the end of the reporting period[7]. - The largest shareholder, Shanxi Coking Coal Group Co., Ltd., held 54.40% of the shares[7]. - The company did not engage in any repurchase transactions among its top 10 shareholders during the reporting period[9]. Research and Development - Research and development expenses rose to CNY 2,022,000, marking a significant increase of 476.55% compared to the same period last year, reflecting the company's commitment to enhancing R&D investment[12]. - Research and development expenses in Q1 2021 amounted to ¥20,222,192.84, significantly higher than ¥3,507,434.36 in Q1 2020, indicating a focus on innovation[90]. Inventory and Receivables - Accounts receivable increased to CNY 325,645,000, up 71.69% from the beginning of the year, primarily due to increased receivables from coke, coal, and electricity sales[11]. - Inventory levels were reported at CNY 2.68 billion, a decrease from CNY 2.72 billion, showing a reduction of about 1.5%[31]. - The accounts receivable increased significantly to CNY 1,097,754,383.46 from CNY 521,918,435.26, marking a growth of about 110.0%[35]. Financial Stability - There were no violations regarding external guarantees during the reporting period, indicating a stable financial position[29]. - The company did not undergo an audit for the Q1 report, indicating that the figures presented are unaudited[51].

Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, based on a total of 4,096,560,000 shares[3]. - The company’s cash dividend for 2020 was 409.66 million yuan, accounting for 20.94% of the net profit attributable to shareholders[74]. - The total cash dividend distributed to shareholders was CNY 409,656,000, representing 100% of the profit distribution[76]. Revenue and Profit Growth - The company reported a significant increase in revenue, with total revenue reaching 20 billion RMB, representing a year-on-year growth of 15%[7]. - The net profit attributable to shareholders was reported at 3 billion RMB, reflecting a 10% increase compared to the previous year[7]. - Future guidance suggests a projected revenue growth of 12% for the next fiscal year, driven by increased demand in both domestic and international markets[7]. - Shanxi Coking Coal Energy Group reported a total revenue of 24.9 billion CNY for the year 2020, reflecting a significant increase compared to the previous year[93]. - The company reported a total revenue of 4,220.52 million for premium coal sales[105]. - The total sales revenue for Shanxi Coking Coal Energy Group in 2020 reached 208,006 million RMB[108]. Market Expansion and Production Capacity - The company has expanded its market presence, with a 25% increase in coal production capacity, now reaching 30 million tons annually[7]. - Future outlook includes plans to expand production capacity by 25% over the next two years to meet rising demand[163]. - The company is considering strategic acquisitions to bolster its position in the coal industry, with potential targets identified[163]. - The company plans to focus on resource expansion and industry integration, leveraging its strategic location in major coal production areas[24]. Technology and Innovation - The company is investing in new technology, with a budget of 500 million RMB allocated for research and development in clean energy solutions[7]. - The company’s strategic partnership with Huawei aims to enhance smart mining capabilities, with the Xie Gou Mine listed as a national smart mining demonstration site[28]. - The company is focusing on the development of new technologies and products to improve operational efficiency and market competitiveness[102]. Environmental Protection and Sustainability - The company invested CNY 256 million in environmental protection, achieving zero major environmental incidents during the year[28]. - The company has implemented a comprehensive hazardous waste management system, ensuring timely disposal and compliance with regulations[133]. - The company has adopted clean energy technologies for boiler upgrades, including air source heat pumps and water source heat pumps[134]. - The company is committed to enhancing its core competitiveness in the coal industry while addressing environmental concerns and promoting sustainable practices[67]. Financial Performance and Assets - The company’s total assets at the end of 2020 were approximately CNY 70.61 billion, a decrease of 1.22% from the previous year[14]. - The company’s net assets attributable to shareholders decreased by 21.83% to approximately CNY 18.72 billion at the end of 2020[14]. - The company’s total liabilities included short-term borrowings of ¥4,904,466,805.55, which increased by 2.20% from the previous year[48]. - The company’s total investment for the period was ¥3,562,894,504.36, a significant increase of 985.09% compared to ¥328,350,000.00 in the previous year[51]. Strategic Acquisitions - The company successfully acquired 100% of Shuiyu Coal Industry and 51% of Tenghui Coal Industry for CNY 6.72 billion, increasing coal production capacity by 5.2 million tons per year[28]. - The acquisition of Shuiyu Coal Industry and Tenghui Coal Industry increased operating revenue by 290,654,000 CNY and net profit attributable to the parent company by 24,033,000 CNY in 2020[114]. - The company engaged in related party transactions, including the acquisition of 100% equity in Shuiyu Coal Industry for 633,279,400 CNY[113]. Risk Management and Governance - The company faces risks related to safety, market fluctuations, and investment, and has outlined strategies to mitigate these risks[72]. - The company has implemented new strategies for risk management to navigate market volatility effectively[163]. - The company maintained independence from its controlling shareholder in terms of business, personnel, assets, and financial operations[178]. Employee and Management Structure - The company employed a total of 33,152 staff, with 19,670 in the parent company and 13,482 in major subsidiaries[169]. - The total remuneration for directors, supervisors, and senior management in 2020 amounted to 1,185.47 million CNY[167]. - The company experienced significant changes in its board and management, with multiple resignations and elections occurring throughout 2020[156]. Community Engagement and Social Responsibility - The company successfully helped 724 impoverished individuals achieve overall poverty alleviation in five villages[126]. - The company implemented various poverty alleviation measures, including improving drinking water safety and enhancing living conditions in the villages[126]. - The company allocated 100,000 yuan for health poverty alleviation initiatives, with one project implemented[129]. Internal Control and Compliance - The company reported no changes in the controlling shareholder during the reporting period[149]. - The internal control audit report issued by the accounting firm confirmed a standard unqualified opinion, consistent with the company's self-evaluation report[191]. - No significant internal control deficiencies were reported during the period[189].

Financial Performance - Operating revenue for the reporting period was ¥7,610,012,749.14, down 1.52% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company was ¥517,182,525.12, a decrease of 3.82% year-on-year[3]. - Basic earnings per share were ¥0.1263, representing a decline of 25.97% compared to the same period last year[3]. - The company reported a decrease in net profit for the year-to-date period of 11.33% compared to the previous year[3]. - The company reported a total revenue of 28,383.15 million for the third quarter of 2020, with a fair value measurement of 56,456.87 million[20]. - The total operating revenue for the third quarter was CNY 7,610,012,749.14, a decrease from CNY 7,727,680,091.75 in the previous period[35]. - The total operating revenue for the third quarter was CNY 1,983,852,502.01, a decrease of 53.5% compared to CNY 4,264,434,161.11 in the same period last year[39]. - The net profit attributable to the parent company was CNY 517,182,525.12, a slight decrease of 3.9% from CNY 537,723,231.41 in the previous year[38]. - The total profit for the quarter was CNY 700,049,865.07, a decrease of 6.8% from CNY 751,037,027.71 in the previous year[37]. - The total comprehensive income for the quarter was CNY 545,572,630.28, compared to CNY 475,875,075.07 in the previous year, indicating an increase of 14.6%[38]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥65,527,405,503.69, an increase of 0.64% compared to the end of the previous year[3]. - Total liabilities decreased by 251,868,000 RMB, a reduction of 84.01%, primarily due to the maturity of company bonds[15]. - Total assets decreased by 450,000 RMB, a reduction of 40.96%, primarily due to the sale of new shares by the parent company[15]. - The company's total equity increased by 94,536,000 RMB, an increase of 30%, following a stock dividend distribution of 3 shares for every 10 shares held[16]. - The total assets as of the end of the reporting period were CNY 21,760,945,076.56, compared to CNY 24,660,381,594.57 in the previous year, reflecting a decrease of 11.5%[42]. - The total liabilities decreased to CNY 40,501,092,373.90 from CNY 41,982,992,660.99 year-over-year[91]. - The total current liabilities increased to CNY 24,059,360,296.80 from CNY 23,012,013,931.71 year-over-year[91]. - The company's total liabilities decreased to CNY 40.50 billion from CNY 41.98 billion, a reduction of approximately 3.5%[30]. - The company's long-term investments rose to CNY 3.07 billion from CNY 2.99 billion, an increase of approximately 2.9%[29]. Cash Flow - Net cash flow from operating activities was ¥1,973,667,787.22, an increase of 41.17% compared to the same period last year[3]. - Operating cash flow net amount was 335,097,000 RMB, a decrease of 168,656,000 RMB or 33.48% compared to the same period last year, attributed to reduced coal payment collections[16]. - The net cash flow from operating activities for Q3 2020 was CNY 3,350,968,958.04, a decrease of 33.4% compared to CNY 5,037,524,530.61 in Q3 2019[48]. - Cash inflow from operating activities totaled CNY 21,049,893,330.52, down from CNY 23,103,327,728.25 in the previous year, reflecting a decline of 8.9%[48]. - The net cash flow from investing activities was CNY -1,160,600,239.56, an improvement from CNY -2,180,642,818.58 in the same period last year[49]. - The net cash flow from financing activities was CNY -4,147,051,137.12, compared to CNY -3,877,125,481.51 in Q3 2019, reflecting a decline of 7.0%[49]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 126,350[8]. - The largest shareholder, Shanxi Coking Coal Group Co., Ltd., held 54.40% of the shares[9]. - The equity attributable to shareholders increased to CNY 22.19 billion from CNY 20.45 billion, reflecting a growth of about 8.5%[31]. Investment and Development - The company plans to expand its market presence, focusing on new product development and technological advancements in the renewable energy sector[20]. - The company is investing in research and development, with a budget allocation of 4,112.50 million for new technologies[20]. - The company is exploring potential mergers and acquisitions to enhance its market position and diversify its product offerings[20]. - The company reported an investment income of CNY 44,633,182.05, down from CNY 138,694,231.07, indicating a significant drop of 67.8%[43]. Operational Efficiency - The company's cash and cash equivalents decreased to CNY 5.99 billion from CNY 6.97 billion year-over-year, representing a decline of approximately 14.2%[28]. - Inventory rose significantly to CNY 3.50 billion, compared to CNY 2.78 billion, indicating an increase of approximately 25.9%[28]. - The company's financial expenses decreased to CNY 579,563,563.81 from CNY 672,772,169.93, reflecting a reduction of 13.9%[43]. - The company's sales expenses increased to CNY 846,766,992.90, up 51.5% from CNY 558,880,442.07 in the previous year[96].