香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 兗礦能源集團股份有限公司 YANKUANG ENERGY GROUP COMPANY LIMITED* ( 在中華人民共和國註冊成立的股份有限公司 ) (股份代碼：01171) 海外監管公告 關於舉辦2025年中期業績説明會的公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條的披露義務而 作出。 兗礦能源集團股份有限公司（「公司」）將於2025年9月1日（周一）舉辦2025年中 期業績説明會（「業績説明會」）。現將有關事項公告如下： 一、業績説明會類型 公司將於2025年8月30日在上海證券交易所網站、香港聯合交易所網站披露2025年中 期業績。為協助投資者更好地瞭解公司業績，公司擬以現場、電話及網絡會議的方 式召開業績說明會。 二、業績説明會召開的時間、方式 1 （五）網絡參會地址：https://s.comein.cn/513h1wew，投資者按網站提示注册後即可參 與業績說明會 ...

Core Viewpoint - Yanzhou Coal Mining Company Limited (兖矿能源) has shown a mixed performance in stock price and financial results, with a recent increase in stock price but a decline in revenue and net profit year-on-year [1][2]. Financial Performance - As of March 31, 2025, Yanzhou Coal reported a revenue of 30.31 billion yuan, a year-on-year decrease of 23.52% [2]. - The net profit attributable to shareholders was 2.71 billion yuan, down 27.86% compared to the previous year [2]. - The company has distributed a total of 85.04 billion yuan in dividends since its A-share listing, with 40.57 billion yuan distributed in the last three years [3]. Stock Market Activity - On August 25, 2023, Yanzhou Coal's stock price increased by 2.05%, reaching 13.44 yuan per share, with a trading volume of 436 million yuan [1]. - The company experienced a net inflow of 10.11 million yuan from major funds, with significant buying activity from large orders [1]. - Year-to-date, the stock price has decreased by 1.39%, but it has seen a 3.94% increase over the last five trading days and a 9.00% increase over the last 60 days [1]. Shareholder Structure - As of March 31, 2025, the number of shareholders increased to 146,100, with an average of 0 shares per shareholder [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 92.61 million shares, an increase of 4.10 million shares from the previous period [3].

Investment Rating - The investment rating for Yanzhou Coal Mining Company (兖矿能源) is "Buy" [3] Core Views - The report highlights that Yanzhou Coal Mining's Australian subsidiary, Yancoal Australia, has seen an increase in coal production while maintaining stable prices, leading to expected performance improvements in the second half of 2025 [3][4] - The report anticipates that Yancoal Australia will achieve a net profit of AUD 440 million in 2025, contributing approximately RMB 1.27 billion to Yanzhou Coal Mining's earnings [4][6] - The report emphasizes the company's strong cash position, with AUD 1.8 billion in cash and a net cash status, allowing for dividend returns and business growth opportunities [6] Summary by Sections Financial Performance - In the first half of 2025, Yancoal Australia achieved a coal production of 18.9 million tons, an increase of 11% year-on-year, while coal sales were 16.6 million tons, a decrease of 2% year-on-year [3] - The average selling price for coal in the first half of 2025 was AUD 149 per ton, down 17% year-on-year, with a notable decline in metallurgical coal prices [3] - The cash operating cost for the first half of 2025 was AUD 93 per ton, an 8% decrease year-on-year, indicating a potential for further cost reductions in the second half of 2025 [3] Earnings Forecast - The forecast for Yanzhou Coal Mining's net profit for 2025 is RMB 11.4 billion, with projected earnings per share (EPS) of RMB 1.14 [5][6] - The report predicts a gradual recovery in coal prices and a rebound in sales volume, which could lead to significant improvements in the company's performance in the latter half of 2025 [3][4] Market Conditions - The report notes that international coal prices have been declining but are expected to stabilize and recover as demand increases in the third quarter of 2025 [3] - The API 5 coal price index fell from an average of USD 88 per ton in Q4 2024 to USD 68 per ton in Q2 2025, a decrease of 23%, but has shown signs of recovery recently [3]

股票代码：600188 股票简称：兖矿能源 编号：临2025-051 投资者如需了解详情，请参见兖煤澳洲公司在澳大利亚证券交易所网站（http://www2.asx.com.au）及香 港联合交易所有限公司网站（http://www.hkexnews.hk）发布的公告全文。 兖矿能源集团股份有限公司董事会 2025年8月19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。 兖矿能源集团股份有限公司控股子公司兖煤澳大利亚有限公司（"兖煤澳洲公司"，澳大利亚证券交易所 上市代码"YAL"、香港联合交易所有限公司上市代码"03668"）于2025年8月19日发布了2025年半年度业 绩报告。按国际财务报告准则编制并经会计师审阅的主要财务数据摘要如下： 单位：百万澳元 ...

股票代码：600188 股票简称：兖矿能源 编号：临 2025-051 兖矿能源集团股份有限公司 境外控股子公司发布 2025 年半年度业绩 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。 兖矿能源集团股份有限公司控股子公司兖煤澳大利亚有限公司 （"兖煤澳洲公司"，澳大利亚证券交易所上市代码"YAL"、香港联合 交易所有限公司上市代码"03668"）于 2025 年 8 月 19 日发布了 2025 年半年度业绩报告。按国际财务报告准则编制并经会计师审阅的主要 财务数据摘要如下： 投资者如需了解详情，请参见兖煤澳洲公司在澳大利亚证券交易 所网站（http://www2.asx.com.au）及香港联合交易所有限公司网站 （http://www.hkexnews.hk）发布的公告全文。 兖矿能源集团股份有限公司董事会 2025 年 8 月 19 日 1 单位：百万澳元 项目 截至 6 月 30 日六个月 2025 年 2024 年 营业收入 2,675 3,138 税前利润 （亏损以"-"填列） 239 571 税后利润 （亏 ...

Group 1 - The core point of the article is that Yancoal Australia Limited, a subsidiary of Yanzhou Coal Mining Company, reported its half-year financial results for 2025, showing significant revenue and profit figures [1] - For the first half of 2025, Yancoal Australia achieved a revenue of AUD 2.675 billion and a net profit after tax of AUD 163 million [1]

兖矿能源（600188）(600188.SH)公告，公司控股子公司兖煤澳大利亚有限公司("兖煤澳洲公司")于2025 年8月19日发布了2025年半年度业绩报告，其2025年截至6月30日六个月营业收入26.75亿澳元，税后利 润1.63亿澳元。 ...

每经AI快讯，8月19日，兖矿能源（600188）(600188.SH)公告称，其境外控股子公司兖煤澳洲公司于 2025年8月19日发布2025年半年度业绩报告。主要财务数据显示，营业收入为26.75亿澳元，税前利润为 2.39亿澳元，税后利润为1.63亿澳元。总资产为117.84亿澳元，净资产为88.03亿澳元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 兗礦能源集團股份有限公司 YANKUANG ENERGY GROUP COMPANY LIMITED* ( 在中華人民共和國註冊成立的股份有限公司 ) (股份代碼：01171) 兗礦能源集團股份有限公司境外控股子公司 發佈2025年半年度業績 本公司之股份於澳交所及聯交所上市的控股子公司兗煤澳洲公司發佈了其2025年半 年度業績報告。 本公告乃根據《證券及期貨條例》第XIVA部以及《香港聯合交易所有限公司證券上 市規則》第13.09(2)(a)條而作出。 兗礦能源集團股份有限公司（「本公司」）之控股子公司兗煤澳大利亞有限公司 （「兗煤澳洲公司」，其股份於澳大利亞證券交易所（「澳交所」）及香港聯合交 易所有限公司（「聯交所」）上市，證券代碼分別為「YAL」及「03668」），於 2025年8月19日發佈了2025年半年度業績報告。 兗煤澳洲公司按國際財務報告準則編制並經會計師審閱的主要財務數據摘要如下： 單 ...

Industry Overview - As of this year, the prices for thermal coal and coking coal in China are 680 RMB per ton and 1280 RMB per ton respectively, representing a decrease of approximately 50% compared to 2022 [1] - The firm holds a neutral view on the coal industry, expecting price stabilization in the second half of this year and into next year due to slowing supply growth and reduced coal imports, alongside strong coal demand [1] Company Forecasts - The earnings forecast for China Shenhua for 2025 to 2027 has been raised by 7% to 29%, with the target price increased from 32 HKD to 38 HKD, maintaining a "neutral" rating [1] - Yanzhou Coal Mining's earnings forecast for 2026 and 2027 has been increased by 20% to 21%, with the target price raised from 8 HKD to 9 HKD, reiterating an "underperform" rating [1] - The rating for China Coal Energy remains "neutral," with the target price adjusted from 8.5 HKD to 11 HKD [1]