六部门：提升煤炭清洁高效利用整体水平，高股息ETF（563180）盘初飘红，山西焦煤上涨近2%

Group 1 - The three major indices opened lower on December 18, with the CSI High Dividend Strategy Index (H30366.CSI) rising by 0.18%. Among its constituent stocks, Shanxi Coking Coal rose nearly 2%, while five other stocks, including Shanxi Coal International and Lu'an Environmental Energy, increased by over 1%. Additionally, Huabei Mining and China Petroleum saw nearly 1% gains [1] - The High Dividend ETF (563180) closely tracks the CSI High Dividend Strategy Index, which selects 80 stocks with high dividend yields and stable dividend payments. The ETF has two off-market linked funds (A: 022144, C: 022145) [2] - As of December 17, the latest circulating share count for the High Dividend ETF was 148 million shares, with a circulating scale of 166 million yuan [1] Group 2 - The National Development and Reform Commission, along with several other ministries, issued a notice regarding the "Key Areas for Clean and Efficient Utilization of Coal Benchmark Levels and Baseline Levels (2025 Edition)." This new version includes indicators for coal consumption in coal-fired power generation and coal-to-natural gas, updating technical indicators based on recent national standards and policies [1] - The notice emphasizes the need for categorized implementation of upgrades to enhance utilization levels, leveraging existing policy tools and mechanisms to accelerate the pace of enterprise upgrades in coal clean and efficient utilization [1] - In a low interest rate environment, demand for stable cash flows from long-term funds such as insurance capital, pension funds, and bank wealth management has significantly increased. By the first three quarters of 2025, new equity allocations from listed insurance companies exceeded 410 billion yuan, with high dividend assets accounting for over half of the new positions [2]