SHANGHAI ENERGY(SH:600508)2026-01-23 07:50Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between 215 million and 260 million CNY, a decrease of 456 million to 501 million CNY compared to the previous year, representing a decline of 63.69% to 69.97%[3] - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between 207 million and 252 million CNY, a decrease of 452 million to 497 million CNY year-on-year, reflecting a decline of 64.20% to 70.60%[5] - The total profit for the previous year was 880.38 million CNY, with a net profit attributable to shareholders of the parent company of 715.60 million CNY[6] Market and Operational Challenges - The average selling price of premium coal has decreased by 349 CNY per ton, a decline of 27.03%, significantly impacting the company's main business revenue and profit[7] - The company is implementing disaster management projects at the Xu Zhuang coal mine, which has resulted in coal production not meeting expectations, further affecting operational performance[7] Strategic Initiatives - The company is focusing on optimizing production organization, improving operational processes, and ensuring stable capacity to counteract market downturns[7] - The company is enhancing its marketing strategy by focusing on product structure optimization and quality improvement to strengthen market competitiveness[7] - The company is actively pursuing cost control measures to mitigate adverse market impacts and maintain stable operational development[7] Earnings Forecast Accuracy - There are currently no significant uncertainties affecting the accuracy of this earnings forecast[8] - The forecast data is preliminary and the final financial data will be disclosed in the official 2025 annual report[9]