2025-08-13 09:05Current Period Performance Forecast The company forecasts a significant year-on-year decline in H1 2025 net profit attributable to shareholders to approximately 4.65 billion CNY, a 38% decrease H1 2025 Performance Forecast (vs. Prior Year) | Metric | H1 2025 (Estimated) | H1 2024 (Statutory Disclosure) | Year-on-Year Change (CNY) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Approx. 4.65 billion | 7.6 billion | Decrease of approx. 2.9 billion | Decrease of approx. 38% | | Non-recurring Net Profit Attributable to Shareholders | Approx. 4.4 billion | 7.3 billion | Decrease of approx. 2.9 billion | Decrease of approx. 39% | - The company consolidated Shandong Energy Group Northwest Mining Co., Ltd. ("Northwest Mining") in July 2025 and will retrospectively adjust financial data for prior years and from January 202539 Prior Period Performance The company disclosed H1 2024 performance as a benchmark, with net profit attributable to shareholders at 7.6 billion CNY, and retrospectively adjusted prior period EPS due to stock dividends H1 2024 Performance Review | Metric | Amount/Value | | :--- | :--- | | Net Profit Attributable to Shareholders | 7.6 billion CNY | | Non-recurring Net Profit Attributable to Shareholders | 7.3 billion CNY | | Retrospectively Adjusted EPS | 0.79 CNY/share | Analysis of Performance Change Reasons The significant year-on-year performance decline is primarily due to loose coal market supply and demand, leading to a substantial drop in coal prices, partially offset by operational optimizations and cost controls - The performance decline is primarily attributed to overall loose coal supply and demand, resulting in a significant year-on-year decrease in coal prices7 - The company partially mitigated the impact of falling coal prices through optimized production, precise efficiency improvements, enhanced cost control, and synergistic gains from chemical operations7 - The company plans to actively respond to market changes in H2 by leveraging advantageous capacity, strengthening cost management, and expanding marketing channels to create shareholder value7 Risk Warning The company confirms no material uncertainties exist that would affect the accuracy of this performance forecast as of the announcement date - The company confirms there are currently no material uncertainties affecting the accuracy of this performance forecast8 Other Explanations The company emphasizes that the forecast data is preliminary, with final figures subject to the official H1 2025 report, and confirms the July 2025 acquisition of Northwest Mining, requiring retrospective financial adjustments - The performance data disclosed is preliminary, with final results subject to the official semi-annual report9 - The company completed the acquisition of 51% equity in Northwest Mining on July 11, 2025, and will consolidate its financial statements from July, with retrospective adjustments in the Q3 report9