Core Viewpoint - Yancoal Australia Limited, a subsidiary of Yanzhou Coal Mining Company Limited, has released its operational data for the fourth quarter of 2025, indicating significant production and sales figures in the coal and chemical sectors [1][2]. Group 1: Operational Data - The company reported its coal business and coal chemical business operational data for Q4 2025, with figures presented in million tons [2]. - The company merged the financial statements of Shandong Energy Group Northwest Mining Co., Ltd. in Q3 2025, leading to retrospective adjustments in previously reported data [2]. - The sales volume of commercial coal includes both self-produced and traded coal sold to external markets, excluding sales to internal chemical and power sectors [2]. Group 2: Production and Sales Changes - The production and sales changes in crude liquid wax, full-range liquid paraffin, and naphtha products were primarily due to Shaanxi Future Energy Chemical Co., Ltd. adapting to market conditions and optimizing product structure [2]. - The operational data may vary significantly each quarter due to various factors, including national macro policy adjustments, domestic and international market changes, seasonal factors, adverse weather, equipment maintenance, and safety inspections [3].