南方财经12月3日电，煤炭板块盘中逆势拉升，大有能源、新大洲A涨停，郑州煤电、华阳股份、辽宁 能源、昊华能源跟涨。 ...

数据来源：国家统计局，智研咨询整理 附注 上市企业：华锦股份（000059）、冰山冷热（000530）、*ST惠天（000692）、沈阳化工（000698）、 铁岭新城（000809）、大连重工（002204）、大金重工（002487）、聆达股份（300125）、联美控股 （600167）、时代万恒（600241）、恒力石化（600346）、*ST金山（600396）、大连热电 （600719）、辽宁能源（600758）、国电电力（600795）、水发燃气（603318） 相关报告：智研咨询发布的《2026-2032年中国能源行业市场研究分析及投资前景评估报告》 2025年10月，辽宁省发电190.3亿千瓦时，同比增长11.3%。2025年1-10月，辽宁省发电1933.4亿千瓦 时，同比增长5.4%。分品种看，2025年1-10月，辽宁省火力发电量1087亿千瓦时，占总发电量的 56.2%，同比增长5.4%；辽宁省水力发电量49.5亿千瓦时，占总发电量的2.6%，同比增长38.1%；辽宁 省核能发电量431亿千瓦时，占总发电量的22.3%，同比增长0.9%；辽宁省风力发电量304.4亿千瓦时， 占总发电量的 ...

证券研究报告——煤炭行业周报 煤价高位回落，继续关注下游需求变化 【2025.11.24-2025.11.30】 行业评级：看好 数据来源：Wind 大同证券 大同证券研究中心 分析师：刘永芳 执业证书编号：S0770524100001 liuyongfang@dtsbc.com.cn 西世贸中心 A 座 F12、F13 网址:http://www.dtsbc.com.cn 发布日期：2025.12.1 煤炭行情走势图 供暖需求进一步释放，动力煤价有望回升。本周，由于煤炭产 能利用率提高，而终端需求不及预期，导致动力煤价高位回落， 随着冬季供暖需求进一步释放，以及供给端安监维持较严水 平，预计煤价有望在震荡运行后企稳回升。 风险提示 终端需求大幅回落，板块轮动加快，板块突发利空。 请务必阅读最后一页免责声明 1 核心观点 下游有望开启补库，焦煤价预计以稳为主。本周，焦煤供给量 上升，而下游钢厂盈利率进一步遭到压缩，焦煤价格在供增需 减的情况下下降，进入 12 月焦企和钢厂或启动补库，对焦煤 价格有一定支撑，预计煤价窄幅震荡、以稳为主。 权益市场涨多跌少，煤炭跑输指数。在美联储降息预期升温和 国内 12 月中旬 ...

证券之星消息，12月1日煤炭开采板块较上一交易日上涨0.7%，晋控煤业领涨。当日上证指数报收于 3914.01，上涨0.65%。深证成指报收于13146.72，上涨1.25%。煤炭开采板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 601001 | 晋控煤业 | 14.62 | 2.96% | 22.28万 | | 3.26亿 | | 601666 | 平煤股份 | 8.04 | 2.94% | 27.24万 | | 2.18亿 | | 600348 | 天阳股份 | 7.84 | 2.48% | 76.33万 | | 6.02亿 | | 000571 | 新大洲A | 5.66 | 2.17% | 1 25.02万 | | 1.40亿 | | 669109 | 潞安环能 | 13.30 | 1.99% | 34.84万 | | 4.60亿 | | 002128 | 电投能源 | 26.39 | 1.38% | 13.54万 | | 3.57亿 | | 60 ...

Core Points - The major shareholder, Liaoning Energy Investment (Group) Co., Ltd., holds 244,462,882 shares, representing 16.60% of the total share capital of Huadian Liaoning Energy Development Co., Ltd. [2] - The planned reduction of shares was announced on August 5, 2025, with a maximum of 14,727,068 shares (1% of total share capital) to be sold within three months through a centralized bidding process [2] - As of November 27, 2025, the major shareholder has not sold any shares, indicating that the reduction plan was not executed [2][4] Summary of Major Shareholder's Situation - The major shareholder has no concerted actions with other parties [3] - The reduction plan was disclosed and has been completed without any shares being sold [4] - The reduction plan did not specify a minimum number of shares to be sold [5] Implementation of Reduction Plan - The reduction plan was not implemented as the major shareholder decided not to sell any shares considering market conditions and the company's actual situation [4][6] - There was no early termination of the reduction plan [6]

Core Points - Huadian Liaoning Energy announced that Liaoning Energy Investment Group holds 244,462,882 shares of Huadian Liaoning Energy, accounting for 16.60% of the total share capital [2] - As of November 27, 2025, the Energy Investment Group has not reduced its shareholding in Huadian Liaoning Energy, with a cumulative reduction of 0 shares [2]

证券代码：600758 证券简称：辽宁能源 公告编号：2025-038 辽宁能源关于持股 5%以上股东减持至 5%的权益变动 提示性公告 投资者辽宁交通投资有限责任公司保证向本公司提供的信息真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 公司于 2025 年 10 月 21 日披露了《持股 5%以上股东减持股份计 划公告》（公告编号：2025-029），公司持股 5%以上股东辽宁交投拟 于 2025 年 11 月 14 日至 2026 年 2 月 12 日期间，通过集中竞价方式 减持公司股份总数量不超过 13,220,173 股，不超过公司股份总数 1%。 2025 年 11 月 24 日，公司收到股东辽宁交投通知，其履行此前 披露的减持计划，通过集中竞价方式减持辽宁能源股份 5,374,123 股。 截至 2025 年 11 月 20 日收市时，辽宁交投持有辽宁能源股份数量为 66,100,870 股，持股比例 5%。 | 权益变动方向 | 比例增加□ | 比例减少 | | --- | --- | --- | | 权益变动前合计比例 | 5.41% | | | 权益变动后合计比例 | 5.00% ...

辽宁能源煤电产业股份有限公司 简式权益变动报告书 上市公司名称：辽宁能源煤电产业股份有限公司 股票上市地：上海证券交易所 股票简称：辽宁能源 股票代码：600758 信息披露义务人：辽宁交通投资有限责任公司 注册地址：辽宁省沈阳市和平区丽岛路42-2号 通讯地址：辽宁省沈阳市和平区丽岛路42-2号 股权变动性质：股份减少 签署日期：二〇二五年十一月 1 声 明 一、本报告书依据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司收购管理办法》《公开发行证券的公司信息披露 内容与格式准则第 15号——权益变动报告书》及其他相关法律、法 规及规章制度的规定编写。 二、本信息披露义务人签署本报告书已获得必要的授权和批准， 其履行亦不违反信息披露义务人章程或内部规则中的任何条款，或与 之相冲突。 三、依据《中华人民共和国公司法》《中华人民共和国证券法》 《 上市公司收购管理办法》及《公开发行证券的公司信息披露内容与格式 准则第 15号——权益变动报告书》等规定，本报告书已全面披露信息 披露义务人在辽宁能源煤电产业股份有限公司拥有权益的股份变 动情况。截至本报告书签署日，除本报告书的信息外，信息披露义务人 没有 ...

Core Points - Liaoning Energy announced that its major shareholder, Liaoning Jiaotou, executed a share reduction plan, reducing its stake from 5.41% to 5% by selling 5.374123 million shares between November 14 and November 20, 2025 [1] - As of the market close on November 20, 2025, Liaoning Jiaotou holds 66.10087 million shares in the company [1] - The share reduction does not trigger a mandatory takeover offer and will not result in changes to the company's controlling shareholder or actual controller [1] - The share reduction plan is not yet fully implemented [1]

Investment Rating - The report maintains an "Accumulate" rating for the coal mining industry [1] Core Viewpoints - The current port coal prices are stable, with the spot price for thermal coal at 834 RMB/ton as of November 21, 2025, showing no change from the previous week [1] - Supply side: The average daily inflow to the four ports in the Bohai Rim region is 2.0463 million tons, an increase of 69,300 tons or 3.50% from the previous week [1] - Demand side: The average daily outflow from the same ports is 1.78 million tons, a decrease of 94,400 tons or 5.04% from the previous week, indicating limited demand release [1] - The total inventory at the Bohai Rim ports has increased to 25.933 million tons, up by 1.64 million tons or 6.74% from the previous week [1] - The report suggests that coal prices are expected to maintain a volatile trend due to the heating season in northern regions and increasing electricity consumption in southern regions [1] Summary by Sections 1. Weekly Market Review - The Shanghai Composite Index closed at 3,834.89 points, down 3.45% from the previous week, while the coal sector index fell by 7.12% [10] - The total transaction amount for the coal sector was 82.296 billion RMB, an increase of 2.08% from the previous week [10] 2. Domestic Coal Prices - Domestic thermal coal prices have shown slight increases, with specific prices reported as follows: - Datong South Suburb 5500 kcal thermal coal at 700 RMB/ton, up 15 RMB/ton [16] - Inner Mongolia Chifeng 4000 kcal thermal coal at 430 RMB/ton, unchanged [16] - Yanzhou 6000 kcal thermal coal at 1,130 RMB/ton, up 10 RMB/ton [16] - The Bohai Rim thermal coal price index remains stable at 698 RMB/ton [18] 3. Inventory and Shipping - The average daily inflow of coal to the Bohai Rim ports increased, while the outflow decreased, indicating a buildup in inventory [26][30] - The average daily number of anchored vessels in the Bohai Rim ports decreased to 123, down 10% from the previous week [30] - The average shipping cost on domestic routes fell to 47.27 RMB/ton, a decrease of 8.25% [33] 4. Recommendations - The report emphasizes the importance of monitoring insurance capital inflows and suggests focusing on resource stocks, particularly recommending companies like Haohua Energy and Guanghui Energy as elastic targets [35]