证券日报网讯电投能源8月14日在互动平台回答投资者提问时表示，公司严格遵守关于分红相关政策法 规要求，综合考虑公司股本规模、盈利情况、投资安排、现金流量等因素提出合理的利润分配方案，并 充分听取中小股东对利润分配方案的意见，提交股东大会审议确定。 （文章来源：证券日报） ...

Market Performance - The coal sector has underperformed, with the CITIC Coal Index declining by 10.77% from the beginning of 2025 to June 30, 2025, lagging behind the CSI 300 Index by 10.80 percentage points, ranking last among 30 industries [1][14][15] - The decline is attributed to weak demand for thermal power, leading to a continuous drop in coal prices and a significant decrease in coal company profits, raising concerns about the sustainability of high dividends in the coal industry [1][15] Fund Holdings - As of the end of Q2 2025, the proportion of active funds holding coal stocks decreased to 0.36%, down 0.08 percentage points from Q1 2025. Index funds' holdings also fell to 0.71%, a decrease of 0.12 percentage points [1][19] - The combined holding of both types of funds in the coal sector is now 0.52%, down 0.09 percentage points from Q1 2025 [1][19] Cost Perspective on Coal Price Valuation - The complete cost curve for 16 listed thermal coal companies indicates that the complete cost per ton of coal is approximately 390 CNY/ton, suggesting a port price of 640 CNY/ton. The port coal price fell to 618 CNY/ton in early June, indicating that over 20% of coal production capacity could face losses at this price level [2] - The current coal price is considered low in terms of valuation, as it is near the cost line, which could lead to production cuts if prices remain below cost [2] Historical Policy Interventions - Historical analysis shows that significant policy interventions were necessary for coal price reversals in 2008, 2015, and 2020. Each price bottom was accompanied by government actions to stimulate demand or control supply [3] - The report emphasizes that policy intervention is a necessary condition for coal price recovery, with expectations for potential government actions to support prices in the current context [3] Thermal Coal Price Outlook - The report suggests that the current thermal coal price of 618 CNY/ton may represent a bottom, with potential for recovery driven by improved demand in the second half of 2025 [4][6] - Two scenarios are outlined: an optimistic scenario where demand improves significantly, and a pessimistic scenario where demand remains weak, potentially leading to further price declines [6] Coking Coal Market Dynamics - The coking coal market has seen significant price drops due to supply-demand imbalances, with low-sulfur coking coal prices falling to around 1100 CNY/ton. The report indicates that this decline has already reflected market expectations [5][7] - The report highlights the importance of inventory rebuilding and the enforcement of production limits to support price recovery in the coking coal market [7] Investment Recommendations - The report recommends focusing on major coal enterprises such as China Shenhua and China Coal Energy, as well as companies with significant earnings elasticity like Lu'an Huanneng and Jinneng Holding [8] - The report also notes the potential for price recovery in coking coal, with expectations for prices to rise to a range of 1500-2000 CNY/ton in the long term [7][8]

Group 1 - The core point of the article is that Electric Power Investment Energy's stock price decreased by 1.41% to 20.35 yuan on August 11, with a trading volume of 92,324 lots and a transaction amount of 188 million yuan [1] - The company's main business includes coal mining, washing, processing, and sales, as well as electricity and heat production and supply, with its primary products being coal and electricity, operating mainly in regions like Inner Mongolia [1] - On August 11, the net inflow of main funds into Electric Power Investment Energy was 29.684 million yuan, accounting for 0.07% of the circulating market value, while the cumulative net outflow over the past five trading days was 13.6756 million yuan, representing 0.03% of the circulating market value [1]

金融界消息 截至2025年8月11日收盘，电投能源（002128）报收于20.35元，下跌1.41%，换手率 0.41%，成交量9.23万手，成交金额1.88亿元。 资金流向方面，今日主力资金净流入2968.40万元，占比成交额15.8%。其中，超大单净流入885.05万 元、占成交额4.71%，大单净流入2083.35万元、占成交额11.09%，中单净流出流出3438.37万元、占成 交额18.3%，小单净流入469.97万元、占成交额2.5%。 天眼查商业履历信息显示，内蒙古电投能源股份有限公司，成立于2001年，位于通辽市，是一家以从事 煤炭开采和洗选业为主的企业。企业注册资本224157.3493万人民币，实缴资本192157.3493万人民币。 公司法定代表人为王伟光。 通过天眼查大数据分析，内蒙古电投能源股份有限公司共对外投资了46家企业，参与招投标项目2634 次，知识产权方面有商标信息8条，专利信息300条，此外企业还拥有行政许可194个。 来源：金融界 电投能源最新一期业绩显示，截至2025一季报，公司营业总收入75.37亿元、同比增长2.63%，归属净利 润15.59亿元，同比减少19.8 ...

证券日报网讯电投能源8月5日在互动平台回答投资者提问时表示，公司现有煤炭产能4800万吨，2025年 公司计划原煤生产4800万吨，详见公司2024年年度报告。 （文章来源：证券日报） ...

证券日报网讯电投能源（002128）8月5日在互动平台回答投资者提问时表示，公司半年度报告预约披露 时间8月28日，请关注公司后续公告。 ...

Group 1 - The core viewpoint of the article is that the company, Electric Power Investment Energy (002128), has confirmed that its recent production and operations are normal [1] Group 2 - The company responded to investor inquiries on August 5 through an interactive platform [1]

Group 1 - The company is considering the release of a semi-annual performance report [2] - The scheduled disclosure date for the semi-annual report is August 28 [2] - Investors are advised to pay attention to subsequent announcements from the company [2]

每经AI快讯，有投资者在投资者互动平台提问：公司的煤炭产能有多少提量空间？目前利用率如何？ 电投能源（002128.SZ）8月5日在投资者互动平台表示，公司现有煤炭产能4800万吨，2025年公司计划 原煤生产4800万吨，详见公司2024年年度报告。 （文章来源：每日经济新闻） ...

Investment Rating - The industry investment rating is optimistic [1] Core Viewpoints - The report indicates that the inventory at Beigang is rapidly decreasing, and the price of coke has seen a third round of increases, leading to a continued rise in coking coal prices [4][10] - The coal supply is constrained due to heavy rains and typhoons, which, combined with the high temperatures during peak summer demand, is expected to push coal prices higher [4][11] - The report highlights that the coal sector has underperformed the market index, with the Shanghai Composite Index experiencing a pullback after surpassing 3600 points [5][38] Summary by Sections Market Performance - The equity market showed a downward trend, with the coal sector significantly underperforming the index, as indicated by a weekly decline of 4.67% in the coal sector [5][10] - The average daily trading volume remained around 1.8 trillion yuan, with fluctuations in financing purchases [5][10] Thermal Coal - The price of thermal coal continues to rise, driven by supply constraints from adverse weather conditions and regulatory checks on coal production [10][11] - The average daily consumption of coal by southern power plants has increased, reflecting a rise in demand due to high temperatures [10][12] Coking Coal - The price of coking coal has also increased, supported by a recovery in steel mill profitability and ongoing inventory replenishment despite some marginal demand weakening [23][24] - The report notes that the third round of price increases for coke has been implemented, further stimulating demand for coking coal [23][24] Shipping Situation - The number of vessels at anchor in the Bohai Rim has decreased, while shipping rates have risen across various routes, indicating a tightening supply chain [31][32] Industry News - A cooperation agreement has been established between Shizuishan and Hami for coal resource supply, indicating a strategic move towards regional energy collaboration [34] - The International Energy Agency projects a slight increase in global coal demand in 2025, driven by consumption growth in emerging economies [34]