SHANGHAI ENERGY(SH:600508)2025-07-11 11:30Financial Performance Forecast - The company expects a net profit attributable to shareholders for the first half of 2025 to be between 190 million and 230 million CNY, a decrease of 242 million to 282 million CNY compared to the same period last year, representing a decline of 51.27% to 59.75%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 183 million and 225 million CNY, down by 245 million to 287 million CNY year-on-year, reflecting a decrease of 52.13% to 61.06%[4] - The total profit for the same period last year was 625.60 million CNY, with a net profit attributable to shareholders of 471.62 million CNY[5] - The performance forecast has not been audited by an accounting firm, and the data is preliminary[4][9] - There are currently no significant uncertainties affecting the accuracy of this performance forecast[7] - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the official half-year report[9] Operational Challenges - The average selling price of premium coal decreased by 414.32 CNY per ton, a decline of 30.42%, significantly impacting the company's performance[6] - The Xu Zhuang coal mine implemented disaster management projects, which resulted in no coal production in the first quarter, further affecting operational performance[6] Strategic Initiatives - The company is adopting a "one household, one policy" marketing strategy to enhance quality and promote sales, focusing on quality to support pricing[6] - Management is pushing for quality improvement and cost reduction to counteract market uncertainties and achieve annual performance targets[6]