Core Viewpoint - The report of the China Europe Dividend Select Mixed Fund indicates a positive performance in net asset value growth, with A and C class shares showing growth rates of 2.16% and 2.01% over the past three months, and 15.74% and 15.08% since the fund's inception [1][2]. Fund Performance - As of June 30, the total fund shares amounted to 10.9 million, with A class shares at 4.73961 million and C class shares at 6.18585 million [2]. - The fund primarily invests in dividend-themed listed companies, managed by Liu Yong and Zhang Xue Ming, who have 9 and 8 years of experience in the securities industry, respectively [2]. Investment Strategy - The fund managers have shifted focus from bank stocks to market-oriented dividend stocks, citing a decrease in the attractiveness of bank dividends due to significant price increases [4]. - The top ten holdings in the second quarter no longer included bank stocks, with new investments in companies like Zhengmei Machine and Midea Group [3][4]. Market Context - The banking sector has seen substantial growth, with the Shanghai Securities Bank Index rising over 17% year-to-date, and several banks, including Xiamen Bank, showing increases exceeding 40% [4][5]. - Analysts remain optimistic about bank stocks, suggesting that the evolution of long-term bad debt cycles, rather than short-term economic fluctuations, will drive bank stock valuations [5][6]. Dividend Stock Appeal - The high dividends from dividend stocks are increasingly attractive in a low overall investment return environment, providing a valuable return source for funds facing a debt asset shortage [6]. - Banks are highlighted as the best performers among dividend stocks due to their stable future net profits and cash flows, supported by significant retained earnings [6].

Investment Rating - The investment rating for the coal mining industry is "Positive" [2] Core Viewpoints - The current phase is the early stage of a new upward cycle in the coal economy, with a resonance between fundamentals and policies, making it an opportune time to accumulate coal sector investments [11][12] - The underlying investment logic of coal capacity shortages remains unchanged, with short-term supply-demand balance and long-term gaps still present [11][12] - Coal prices have established a bottom and are trending towards a new platform, with high profitability, cash flow, return on equity (ROE) of 10-20%, and dividend yields over 5% for quality coal companies [11][12] - The coal sector is relatively undervalued, with overall valuation expected to improve, supported by high premiums in the primary mining rights market and a price-to-book (PB) ratio around 1 for most companies [11][12] - The coal sector is expected to maintain a tight supply-demand balance over the next 3-5 years, with quality coal companies exhibiting high barriers to entry, cash flow, dividends, and yield characteristics [11][12] Summary by Sections Coal Price Tracking - As of July 12, the market price for Qinhuangdao port thermal coal (Q5500) is 624 CNY/ton, an increase of 8 CNY/ton week-on-week [28] - The price for coking coal at Jing Tang port is 1310 CNY/ton, up 60 CNY/ton week-on-week [30] Coal Supply and Demand Tracking - The capacity utilization rate for sample thermal coal mines is 93.7%, down 0.3 percentage points week-on-week, while the utilization rate for coking coal mines is 85.52%, up 1.7 percentage points [11][46] - Daily coal consumption in coastal provinces increased by 6.10 thousand tons/day (+2.92%) week-on-week, while inland provinces saw a decrease of 9.50 thousand tons/day (-2.61%) [11][47] Coal Inventory Situation - As of July 10, coal inventory in coastal provinces decreased by 785 thousand tons (-2.18%) week-on-week, while inland provinces saw a slight decrease of 0.70 thousand tons (-0.01%) [11][47] Key Companies to Watch - Focus on stable and robust performers such as China Shenhua, Shaanxi Coal and Chemical Industry, and China Coal Energy [12] - Attention to companies with significant upside potential like Yanzhou Coal Mining, China Power Investment, and Guanghui Energy [12]

Meeting Overview - The shareholder meeting of Tiandi Technology Co., Ltd. was held on a specified date in Beijing, with no resolutions rejected [1] - The meeting was presided over by the chairman of the board, Hu Shanting, and combined on-site voting with online voting [1] Attendance and Voting Results - Attendance included directors, supervisors, and the board secretary, with independent director Ding Rijia absent due to work commitments [1] - The voting results for non-cumulative voting proposals showed a high approval rate, with 98.0063% of votes in favor for the first proposal and 99.7042% for the second proposal [1] - Cumulative voting proposals also received significant support, with all candidates exceeding the required voting thresholds [2] Legal Compliance - The meeting and voting procedures were confirmed to comply with relevant laws, regulations, and the company's articles of association, as verified by the attending lawyers [2][3]

Core Points - The company held its first meeting of the eighth board of directors on June 30, 2025, with all seven directors present and voting unanimously on several key resolutions [1][2][3][4]. Group 1: Board Elections - The company elected Hu Shanting as the chairman of the eighth board of directors, who will also serve as the legal representative, with a term lasting until the end of the board's term [1]. - Fan Shaogang was elected as the vice chairman of the eighth board of directors, with a similar term duration [2]. Group 2: Committee Formation - The eighth board of directors established four specialized committees: - Strategic and Investment Committee, chaired by Hu Shanting, with members including Fan Shaogang and Wu Ping [2]. - Nomination Committee, chaired by Hu Shanting, with members including Fan Shaogang, Xia Ning, Zhang He, and Liu Hui [2]. - Compensation and Assessment Committee, chaired by Zhang He, with members including Hu Shanting, Fan Shaogang, Xia Ning, and Liu Hui [2]. - Audit Committee, chaired by Xia Ning, with members Liu Hui and Zhang Zhaoyin [2]. Group 3: Executive Appointments - Zhang Lin was appointed as the general manager of the company, with a term lasting until the end of the eighth board's term [3][4]. - The company appointed four vice general managers: Wang Zhigang, Min Yong, Wang Yunpeng, and Yu Jidong, with Wang Zhigang also serving as the financial director [4]. - Min Yong was appointed as the board secretary, and Gao Xiang was appointed as the securities affairs representative, both with terms until the end of the eighth board's term [4].

证券代码：600582 证券简称：天地科技 公告编号：临 2025-026 号 天地科技股份有限公司 经公司董事会提名委员会审查，董事会同意聘任张林先生为公司 总经理，王志刚先生、闵勇先生、王运鹏先生、郁纪东先生为公司副 总经理，王志刚先生兼任公司财务总监，闵勇先生兼任公司董事会秘 书，聘任高翔先生为公司证券事务代表。聘期同公司第八届董事会任 期。 特此公告。 天地科技股份有限公司董事会 关于聘任高级管理人员、董事会秘书 2025 年 7 月 1 日 及证券事务代表的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 天地科技股份有限公司（以下简称"公司"）于 2025 年 6 月 30 日召开第八届董事会第一次会议，审议通过《关于聘任公司总经理的 议案》《关于聘任公司副总经理和财务总监的议案》《关于聘任公司董 事会秘书和证券事务代表的议案》。具体内容如下： ...

证券代码：600582 证券简称：天地科技 公告编号：临 2025-025 号 一、第八届董事会成员 董事长：胡善亭 副董事长：范韶刚 非独立董事：吴平 独立董事：夏宁、张合、刘辉 职工董事：张赵胤 天地科技股份有限公司 关于董事会完成换届选举的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 天地科技股份有限公司（以下简称"公司"）于 2025 年 6 月 30 日召开 2025 年第一次临时股东大会，审议通过《关于选举公司第八 届董事会非独立董事的议案》《关于选举公司第八届董事会独立董事 的议案》。同日，公司召开第八届董事会第一次会议，审议通过《关 于选举公司第八届董事会董事长的议案》《关于选举公司第八届董事 会副董事长的议案》《关于审议公司第八届董事会专门委员会组成人 员的议案》。现将本次董事会换届选举情况公告如下： （一）战略与投资委员会 主任（召集人）：胡善亭 委 员：范韶刚、吴平 二、第八届董事会专门委员会组成情况 （二）提名委员会 主任（召集人）：胡善亭 委 员：范韶刚、夏宁、张合、刘辉 （三）薪酬与考 ...

证券代码：600582 证券简称：天地科技 公告编号：临 2025-023 号 天地科技股份有限公司 天地科技股份有限公司（以下简称公司）于 2025 年 6 月 30 日召 开职工代表大会，选举张赵胤先生（简历附后）为公司第八届董事会 职工董事。张赵胤先生与公司 2025 年第一次临时股东大会选举产生 的 6 名董事共同组成公司第八届董事会，任期同第八届董事会任期。 特此公告。 天地科技股份有限公司董事会 2025 年 7 月 1 日 附件： 第八届董事会职工董事简历 张赵胤，男，1983 年生，中共党员，硕士，高级工程师。历任 中国煤炭科工集团武汉设计研究院项目负责人、团委书记、办公室（党 群纪检部）副主任、工会副主席,中国煤炭科工集团有限公司团委书 记、党群工作部（党委办公室）部长、办公室负责人、机关党委副书 记、工会副主席。现任本公司职工董事。截至目前，未持有本公司股 份，不存在受到中国证监会及其他有关部门的处罚或上海证券交易所 惩戒的情形。 关于选举第八届董事会职工董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别 ...

证券代码：600582 证券简称：天地科技 公告编号：临 2025-022 号 天地科技股份有限公司 2025年第一次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 30 日 (二)股东大会召开的地点：北京市朝阳区和平里青年沟路煤炭大厦 15 层会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： (一)非累积投票议案 1、议案名称：关于公司取消监事会并修订《公司章程》的议案 审议结果：通过 | 1、出席会议的股东和代理人人数 | 431 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,585,452,552 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 62.4718 | | 份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司第七届董事会董 ...

北京市嘉源律师事务所 关于天地科技股份有限公司 2025 年第一次临时股东大会的法律意见书 嘉源律师事务所 JIA YUAN LAW OFFICES 西城区复兴门内大街 158 号远洋大厦 4 楼 中国 · 北京 二〇二五年六月 嘉源(2025)-04-494 北京市嘉源律师事务所(以下简称"本所")接受天地科技股份有限公司(以 下简称"公司"）的委托,根据《中华人民共和国公司法》(以下简称"《公司 法》"）、《上市公司股东会规则》(以下简称"《股东会规则》")等现行有 效的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及《天 地科技股份有限公司章程》(以下简称"《公司章程》")的有关规定,指派本 所律师对公司 2025年第一次临时股东大会(以下简称"本次股东大会")进行 见证,并依法出具本法律意见书。 天地科技 2025年第一次临时股东大会 法律意见书 章源律师事务所 IA YUAN LAW OFFICES 香港 HONGKONG · 广州 GUANGZHOU · 西安 XI AN 致:天地科技股份有限公司 北京市嘉源律师事务所 关于天地科技股份有限公司 2025 年第一次临时股东大会的法律 ...

证券代码：600582 证券简称：天地科技 公告编号：临 2025—024 号 天地科技股份有限公司 第八届董事会第一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性、完整性承担个别及连带责任。 天地科技股份有限公司（以下简称"公司"）第八届董事会第一 次会议于 2025 年 6 月 30 日以现场结合通讯方式召开。会议应参加表 决董事 7 人，实际参加表决董事 7 人。经全体董事一致同意，本次会 议通知豁免时间要求。与会董事共同推选胡善亭先生为本次会议主持 人，会议符合《公司法》和《公司章程》的有关规定，合法有效。 全体董事经审议，一致通过以下决议： 一、通过《关于选举公司第八届董事会董事长的议案》。 同意选举胡善亭为公司第八届董事会董事长，同时为公司法定代 表人，任期自本次董事会审议通过之日起至第八届董事会任期届满之 日止。 胡善亭简历详见公司在上海证券交易所网站（www.sse.com.cn） 披露的《天地科技关于董事会换届选举的公告》（公告编号：临 2025-019 号）。 表决结果：同意 7 票、反对 0 票、弃权 0 票。 ...