兖矿能源（600188.SH）12月30日在投资者互动平台表示，兖矿能源下属子公司鲁南化工、榆林能化、 荣信化工、新疆煤化工、世林化工生产的化工产品（含中间产品）中有甲醇，累计甲醇年产能430万 吨。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司是否生产甲醇？有几个甲醇生产基地？年 产量是多少吨？ ...

在煤炭市场持续低迷、煤价持续低位的严峻形势下，山东能源集团兖矿能源（600188）化工产业凭借精 准施策与系统发力，交出了一份亮眼答卷：全年总产量创历史新高；预计盈利同比激增17.5亿元，以强 劲的盈利韧性有效对冲了煤炭主业的市场压力，成为兖矿能源稳增长的"压舱石"。这一成绩的背后，是 兖矿能源深耕"煤化一体"战略，在安全管控、技改升级、协同创新等领域的持续发力。 筑牢安全根基 稳运行提效能 安全是化工生产的生命线，更是盈利增长的前提。兖矿能源化工产业坚持安全"三个优先于"原则， 以"无泄漏工厂"建设为抓手，构建全流程风险防控体系，为生产装置稳定运行筑牢根基。 扎实开展双重预防工作，强化"两重点一重大"常态风险与检修施工动态风险管控，全年累计辨识重大风 险853项，排查治理B级及以上隐患49项。全闭环隐患排查治理换来显著成效，产业"波减停"次数同比 减少15%，系统安稳运行能力大幅提升。 在生产现场，"两炉"运行质量的提升成为稳产提效的关键。鲁南化工A号粉煤气化炉技术团队历经数月 优化调整，实现连续运行246天，负荷首次稳定在100%，创下同类装置运行新纪录；国宏化工3号锅炉 操作工精细调控参数，单炉带全厂稳 ...

格隆汇12月26日｜西部证券研报指出，兖矿能源资源丰富，产销量居全国前列。公司拥有煤炭储量464 亿吨、可开采储量60亿吨，可开采年限超过40 年，公司煤炭主业规模居于全国前列。市场认为煤炭行 业已开始呈现过剩的格局，供需宽松下煤价可能出现较明显下滑；公司分红比例存在不确定性。但是该 行认为在供需基本平衡格局下，预计2025-2027年现货采购价格中枢依旧维持700-800元/吨的位置。公司 业绩稳健，若经营环境未现重大变化，有望继续保持较高分红比例。考虑DDM估值方法，给予公司目 标价16.27元/股。首次覆盖，给予"买入"评级。 ...

Investment Rating - The report assigns a "Buy" rating to Yanzhou Coal Mining Company (兖矿能源) with a target price of 16.27 CNY per share [1][5]. Core Insights - The report anticipates that the company's net profit attributable to shareholders will be 9.448 billion, 12.019 billion, and 14.171 billion CNY for the years 2025-2027, with corresponding EPS of 0.94, 1.20, and 1.41 CNY, reflecting a year-on-year growth of -39.61%, 27.21%, and 17.91% respectively [1][20]. - The coal market is expected to maintain a stable price range of 700-800 CNY per ton from 2025 to 2027, despite market concerns about oversupply [2][16]. - The company has substantial coal reserves of 464 billion tons and a recoverable reserve of 60 billion tons, positioning it among the top coal producers in China [2][59]. - The company has a strong track record of cash dividends, with an average payout ratio of 49.82% since its listing, and a projected payout ratio of 53.58% for 2024 [2][20]. Summary by Sections Financial Performance - The company is projected to achieve revenues of 120.47 billion, 127.92 billion, and 131.39 billion CNY for 2025-2027, with growth rates of -13.4%, 6.2%, and 2.7% respectively [3][20]. - The net profit for 2024 is expected to be 15.644 billion CNY, down 23.9% from the previous year, while the 2025 net profit is projected to decline significantly before recovering in subsequent years [3][20]. Business Overview - Yanzhou Coal Mining Company operates as a comprehensive energy operator with a diverse business layout, including mining, high-end chemical materials, and renewable energy [27]. - The coal segment is expected to contribute 66% of total revenue and 83% of total profit in 2024, highlighting its critical role in the company's financial health [12][29]. Market Dynamics - The report indicates that the coal supply-demand balance is expected to remain stable, with domestic coal production projected to stabilize around 38.5-39 billion tons from 2025 to 2027 [55]. - The demand for coal is anticipated to remain robust due to the ongoing reliance on thermal power generation, which still accounts for a significant portion of electricity production in China [48][49].

兖矿能源鲁南化工 ◎记者 闫婧 传统能源煤炭，因其发电成本较低、稳定性强等特性，仍是中国能源的重要支撑。如何让传统能源持续 释放"新"能？如何让传统能源企业成为高价值上市公司？近日，上海证券报记者走进兖矿能源集团股份 有限公司（简称"兖矿能源"）寻找答案。 兖矿能源是由山东能源集团有限公司控股的境内外上市公司，其前身兖州煤业股份有限公司（简称"兖 州煤业"）成立于1997年，经营区域横跨国内山东、陕西、内蒙古、新疆、甘肃等地，以及澳大利亚、 加拿大、德国等国，主导产业涵盖矿业、高端化工新材料、高端装备制造、智慧物流和新能源等"五大 板块"。 近日，兖矿能源披露2025年三季报，前三季度实现营收1049.57亿元，归母净利润71.20亿元，其中第三 季度归母净利润22.88亿元，环比第二季度（合并西北矿业前）增长17.82%，主要经济指标实现环比增 长。公司生产经营呈现产销量逐季增长、库存水平持续降低、成本控制持续发力的良好势头，叠加煤价 触底上调，为四季度业绩持续回升注入强大动力。 智能化生产 地心深处的"智慧密码" 位于邹城北宿镇境内的南屯煤矿是兖州矿区历史上第一座特大型现代化矿井，享有"鲁煤第一峰"的美 ...

每经AI快讯，煤炭股尾盘涨幅扩大，截至发稿，兖矿能源(01171.HK)涨2.23%，报10.09港元；中国神华 (01088.HK)涨1.98%，报39.22港元；中煤能源(01898.HK)涨1.56%，报10.4港元；易大宗(01733.HK)涨 1.1%，报0.92港元。 ...

卓越管理始于高瞻远瞩的战略定力。身处能源行业深刻变革的洪流，我们以全球视野重塑发展蓝图，果 断确立矿业、高端化工新材料、新能源、高端装备制造、智慧物流五大产业方向，推动煤炭、化工等传 统产业向安全、绿色、智能、高效升级，全力培育发展高端装备制造、智慧物流、新能源等新兴产业， 构建起传统产业与战略性新兴产业比翼齐飞新格局，为可持续发展筑牢根基。 证券时报将"年度卓越管理先锋人物"这一殊荣授予我，这是对我个人的认可，更是对兖矿能源锐意进 取、追求卓越的肯定。回顾企业发展历程，我深刻体会到，企业的高质量发展，始于清晰远见的战略， 成于高效协同的治理，显于精益求精的运营，归于厚植于心的责任。 卓越管理显于驾驭全球的治理能力。兖矿能源拥有境内外六地上市平台，复杂的监管环境是巨大挑战。 我们始终将规范视为生命线，探索形成"党的领导与公司治理深度统一、国资监管与上市规范有机融 合、境内治理与境外管控协同并举"的特色治理体系，有效保障海内外资产卓越运营，为参与全球竞 争、整合国际资源注入软实力。 卓越管理成于精益高效的运营实践。我们全面推行"精益管理"，依托优质资产布局、精益成本管控与灵 活市场策略，煤炭产量连续7年保持亿吨 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [5]. Core Views - The company is positioned for sustainable growth through both organic and external expansion, with a diversified portfolio across five major industries [1][5]. - The coal production target is set to reach 300 million tons in the long term, supported by significant resource reserves and ongoing capacity expansion [4][40]. - The coal chemical segment is improving, and the diversified business model is expected to mitigate risks associated with declining coal prices [5]. Summary by Sections Company Overview - The company is a leading coal producer in East China and one of the largest coal exporters in the country, with a high degree of internationalization [13]. - It operates across multiple regions, including Shandong, Shaanxi, Inner Mongolia, Xinjiang, and overseas in Australia, North America, and Europe [13]. - The company has established a presence on six stock exchanges globally, making it a unique large-scale energy enterprise in China [13]. Coal Business - The company has a leading coal resource reserve of 383 billion tons domestically and 81 billion tons internationally, with a recent acquisition adding 64 billion tons [38]. - The company aims for a coal production capacity of 300 million tons, with current construction projects adding 48 million tons [40]. - The coal business remains the primary revenue driver, contributing approximately 65.9% of total revenue in 2024 [26]. Coal Chemical Business - The coal chemical segment is focused on enhancing value through green and low-carbon transformation, with strategic developments in Xinjiang [4]. - The company is working on several chemical parks to strengthen its coal chemical operations, aiming for significant production capacity increases [4]. Equipment Manufacturing - The company is enhancing its high-end coal machinery manufacturing capabilities and pursuing international acquisitions to elevate its industry standing [4]. - The acquisition of a German manufacturing company is part of the strategy to build a robust European equipment manufacturing platform [4]. Logistics Business - The logistics segment is developing a comprehensive logistics framework that integrates rail, road, and maritime transport [4]. - The company aims to enhance operational efficiency through the acquisition of leading logistics firms and the integration of smart logistics solutions [4]. New Energy Business - The new energy sector is being developed through both self-built projects and acquisitions, focusing on regions with advantageous resources [4]. - The company is advancing several renewable energy projects, including green hydrogen production and wind power generation [4]. Financial Forecast - The company is projected to achieve net profits of 9.54 billion, 13.73 billion, and 17.27 billion yuan for the years 2025, 2026, and 2027, respectively [5]. - The earnings per share (EPS) are expected to be 0.95, 1.37, and 1.72 yuan for the same years [5].

股票代码：600188 股票简称：兖矿能源 编号：临2025-073 本期发行的相关文件请见中国货币网（www.chinamoney.com.cn）和上海清算所网站 （www.shclearing.com）。 特此公告。 兖矿能源集团股份有限公司董事会 2025年12月10日 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 2025年6月20日，兖矿能源集团股份有限公司（"本公司"）获准注册债务融资工具(中市协注〔2025〕 TDFI23号)，有效期2年。2025年12月8日，本公司成功发行2025年度第四期科技创新债券（"本期发 行"），募集资金人民币30亿元，已于2025年12月9日到账。 现将本期发行结果公告如下： ■ 兖矿能源集团股份有限公司 关于2025年度第四期科技创新债券发行结果的公告 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性 承担法律责任。 2025 年 6 月 20 日，兖矿能源集团股份有限公司（"本公司"） 获准注册债务融资工具(中市协注〔2025〕TDFI23 号)，有效期 2 年。 2025 年 12 月 8 日，本公司成功发行 2025 年度第四期科技创新债券 （"本期发行"），募集资金人民币 30 亿元，已于 2025 年 12 月 9 日到账。 现将本期发行结果公告如下： | | 发行要素 | | | | --- | --- | --- | --- | | 名称 | 兖矿能源集团股份有限 公司 2025 年度第四期科 技创新债券 | 简称 | 25 兖矿能源 SCP004(科创债) | | 代码 | 012582997 | 期限 | 270 日 | | 起息日 | 2025 年 12 月 09 日 | 兑付日 | 2026 年 09 月 05 日 | | 计划发行总额 | 30 亿元人民币 | 实际发行总额 | 30 亿元人民币 | | 发行利率 | 1.65% | 发行价格 | 100 元/佰元面值 ...