智通财经网·2025-11-03 03:07Core Viewpoint - China Coal Energy (01898) has seen its stock price increase by nearly 4%, currently trading at HKD 11.29, with a transaction volume of HKD 92.568 million [1] Financial Performance - In the third quarter, the company's revenue decreased by 23.78% year-on-year but increased by 0.29% quarter-on-quarter; net profit fell by 0.96% year-on-year but rose by 28.26% quarter-on-quarter [1] - For the first three quarters of the year, revenue declined by 21.24% year-on-year, while net profit decreased by 14.57% year-on-year [1] - The improvement in quarterly net profit is attributed to reduced production costs of coal, a rebound in coal sales prices, and recovery in coal chemical volume and profit [1] Strategic Initiatives - The company has announced its participation in a central enterprise strategic new fund, investing RMB 1 billion, which represents a 1.96% stake in the fund [1] - The total transaction amount for this investment is RMB 1 billion, funded by the company's own capital [1] - This initiative aims to implement national strategic deployments, promote the development of new industries by central enterprises, and emphasize the core values of long-term, patient, and strategic capital [1] - The investment areas of the fund are highly synergistic with the company's main business, allowing for broader industrial cooperation and integration into a wider production and finance platform [1]