永泰能源完成4亿股回购注销 彰显维护公司市值坚定决心

Core Viewpoint - Yongtai Energy has completed a share buyback plan, reducing its total share capital and enhancing shareholder returns through the cancellation of 400 million shares, which represents 1.80% of the total share capital [1] Group 1: Financial Performance and Debt Management - Yongtai Energy has optimized its debt structure, reducing interest-bearing liabilities from 709.47 billion to 393.52 billion, resulting in a debt-to-asset ratio decrease from 73.18% to 51.72%, which is below the industry average [2] - The company has repaid a total of 53.511 billion in principal and interest since its debt restructuring, indicating a commitment to improving its financial health [2] - Operating cash flows have remained stable, with figures of 6.442 billion, 7.025 billion, 6.510 billion, and 1.035 billion over the past three years and the first quarter of 2025 [2] Group 2: Coal Mining Project Development - The Haizetang coal mine project is progressing well, with an expected production of 3 million tons in 2026 and a full production capacity of 10 million tons by 2027, benefiting from low extraction costs and transportation advantages [3][4] - The coal mine, located in Yulin, Shaanxi, has significant coal reserves of 1.145 billion tons and is strategically positioned to support the national coal transportation corridor [3] - The project is expected to contribute over 1 billion in annual tax revenue to the local government, enhancing local fiscal income [4] Group 3: Strategic Importance and Future Outlook - The completion of the Haizetang coal mine is anticipated to significantly boost Yongtai Energy's operational performance and core competitiveness, reinforcing its position in the energy sector [4] - The project has received strong support from local government, ensuring efficient progress and setting a benchmark for construction timelines in the region [4]