Financial Performance - The company's operating revenue for the first half of 2024 was CNY 37.24 billion, a decrease of 0.17% compared to CNY 37.30 billion in the same period last year [17]. - The net profit attributable to shareholders for the first half of 2024 was CNY 2.94 billion, down 18.19% from CNY 3.59 billion year-on-year [17]. - The net cash flow from operating activities decreased by 12.16% to CNY 5.40 billion from CNY 6.15 billion in the previous year [17]. - The basic earnings per share for the first half of 2024 was CNY 1.13, a decline of 22.07% compared to CNY 1.45 in the same period last year [18]. - The company's total assets at the end of the reporting period were CNY 87.67 billion, an increase of 0.78% from CNY 86.99 billion at the end of the previous year [17]. - The net assets attributable to shareholders increased by 8.62% to CNY 40.52 billion from CNY 37.30 billion at the end of the previous year [17]. - The company's total comprehensive income for the first half of 2024 amounted to ¥2,935,271,226.65, with a decrease in other comprehensive income of ¥267,224,160.57 [125]. - The company's total equity at the end of the first half of 2024 was ¥44,572,712,837.50, reflecting an increase of ¥3,028,934,658.09 compared to the beginning of the year [126]. Operational Highlights - The company continues to focus on coal mining, processing, and sales, with a significant customer base in the steel and power generation industries [22]. - The company has a coal production capacity of 35.85 million tons per year and a coke production capacity of 4.4 million tons per year [23]. - The company operates four coking coal washing plants with an annual washing capacity of 16 million tons, positioning it among the leaders in the industry [25]. - The company has established a stable customer base, including major clients like Maanshan Steel and Baosteel, through long-term coal purchase agreements [25]. - The company has developed a comprehensive coal utilization industry chain, integrating coal mining, washing, processing, and chemical product production [25]. Environmental and Safety Management - The company faces significant safety risks due to complex geological conditions and high gas content in coal mines, necessitating strict safety management measures [40]. - Environmental risks are heightened due to stringent national policies, leading the company to increase investments in environmental protection and green mining initiatives [41]. - The company is classified as a key pollutant discharge unit by environmental authorities, with specific subsidiaries under monitoring [48]. - The company has implemented pollution control measures including desulfurization and denitrification technologies across its facilities [48]. - The company has established emergency response plans for environmental incidents and completed the necessary filings [59]. Research and Development - The company has established nine national and provincial-level technology innovation platforms, enhancing its research and development capabilities [25]. - Research and development expenses for the first half of 2024 amounted to 0.961 billion RMB, an increase of 0.087 billion RMB year-on-year, reflecting the company's commitment to innovation [29]. - The company is focusing on expanding its market presence and enhancing its product offerings to drive future growth [118]. Legal Matters - The company is involved in a significant lawsuit against Liu'an Hengda, claiming overdue construction payments totaling RMB 40,126.28 million, with a request for joint liability from Hengda Hefei Company and Hengda Group [69]. - The court ruled that Liu'an Hengda must pay RMB 22,998.35 million for completed construction work within 15 days of the judgment, with Hengda Hefei Company also liable for this amount [69]. - The company is pursuing a separate lawsuit against Suzhou Duowei Construction Company for RMB 2,741.60 million, including claims for project funds and damages due to contract breaches [70]. - The company has incurred legal costs, including CNY 11.86 million in case acceptance fees and CNY 37.5 million in appraisal fees, which are to be borne by the parties involved [72]. Financial Transactions and Related Party Transactions - The company reported a total of 14,957.74 million CNY in actual transactions with related parties for the first half of 2024, against an expected amount of 28,000 million CNY [79]. - The company has engaged in related party transactions totaling 32,693.16 million CNY from sales of goods and materials to related parties in the first half of 2024 [79]. - The company has a maximum daily deposit balance of 273,879.49 million CNY with related parties in its financial company [79]. - The company has reported a good integrity status for the reporting period, with no significant debts or unfulfilled court judgments [78]. Capital and Shareholder Information - The total number of unrestricted circulating shares increased from 2,481,038,961 to 2,693,258,709, reflecting an increase of 212,219,748 shares [97]. - The largest shareholder, HuaiBei Mining (Group) Co., Ltd., holds 1,603,035,295 shares, representing 59.52% of total shares [99]. - The company has not disclosed any related party transactions among shareholders [100]. - The company has not reported any impact on financial metrics such as earnings per share or net asset value due to share changes during the reporting period [98]. Debt and Liabilities - The total liabilities of the company at the end of the reporting period amounted to 43.1 billion yuan, with current liabilities at 28.355 billion yuan and non-current liabilities at 14.745 billion yuan [109]. - The company issued 30 million convertible bonds at a par value of 100 yuan each, raising a total of 3 billion yuan, with a net amount of 2.980633 billion yuan after deducting issuance costs [103]. - The company has no overdue guarantees or guarantees exceeding 50% of net assets [91]. Future Outlook - The company anticipates stable growth in coking coal demand due to low social inventory levels and limited future capacity growth [23]. - The company plans to enhance its core competitiveness by extending its industrial chain and diversifying its product offerings in response to the energy transition [41]. - The company aims to complete the Taohutu mine by the end of 2025, with ongoing projects in coal chemical and renewable energy sectors [27].

特此公告。 淮北矿业控股股份有限公司董事会 2024 年 7 月 11 日 淮北矿业控股股份有限公司（下称"公司"）董事会近日收到公司副总经理 邵华先生提交的书面辞职报告，邵华先生因达到法定退休年龄，申请辞去公司副 总经理职务。根据《公司法》及《公司章程》等法律法规的规定，邵华先生的辞 职报告自送达董事会之日起生效。截至本公告披露日，邵华先生未持有公司股份。 辞职后，邵华先生不再担任公司任何职务，其辞职不会影响公司正常生产经营。 邵华先生担任公司副总经理期间，恪尽职守、勤勉尽责，为公司规范运作、 经营管理和持续发展发挥了积极作用，公司及董事会对邵华先生在任职期间为公 司做出的贡献表示衷心的感谢！ 股票代码：600985 股票简称：淮北矿业 编号：临 2024—042 淮北矿业控股股份有限公司 关于副总经理辞职的公告 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法律责任。 ...

淮北矿业控股股份有限公司 公开发行可转换公司债券 受托管理事务报告 （2023 年度） 债券受托管理人 （安徽省合肥市梅山路 18 号） 二〇二四年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"）《淮 北矿业控股股份有限公司公开发行可转换公司债券之受托管理协议》（以下简称 "《受托管理协议》"）《淮北矿业控股股份有限公司公开发行可转换公司债券募集 说明书》（以下简称"《募集说明书》"）《淮北矿业控股股份有限公司 2023 年年度 报告》等相关公开信息披露文件、第三方中介机构出具的专业意见等，由本期债券受 托管理人国元证券股份有限公司（以下简称"国元证券"）编制。国元证券对本报告 中所包含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述内容和信 息的真实性、准确性和完整性做出任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关事宜 做出独立判断，而不应将本报告中的任何内容据以作为国元证券所作的承诺或声明。 在任何情况下，投资者依据本报告所进行的任何作为或不作为，国元证券不承担任何 责任。 1 | 重要声明 1 | | | -- ...

每股分配比例 股票代码：600985 股票简称：淮北矿业 公告编号：临 2024-041 淮北矿业控股股份有限公司 2023 年年度权益分派实施公告 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： A 股每股现金红利 1.00 元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/6/6 | － | 2024/6/7 | 2024/6/7 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 4 月 26 日的 2023 年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 《公司 2023 年度利润分配方案》已经公司第九届董事会第二十三次会议、2023 年年度股 东大会审 ...

Investment Rating - The report maintains a "Buy" rating for Huaibei Mining (600985 SH) [1][3] Core Views - Huaibei Mining's Q1 2024 performance shows marginal improvement, with expectations for continued growth in the future [1] - The company is a major coking coal producer in East China with rich resource reserves, high-quality coking coal, and significant regional advantages [2] - Huaibei Mining is deepening its business layout and promoting the integration of coal and coal chemical industry chains [3] - The company's ongoing projects are progressing steadily, with potential for further capacity expansion [3] Financial Performance - Q1 2024 revenue was RMB 17 322 billion, down 8 8% YoY and 3 0% QoQ [1] - Q1 2024 net profit attributable to shareholders was RMB 1 59 billion, down 24 70% YoY but up 36 3% QoQ [1] - Basic EPS for Q1 2024 was RMB 0 64, down 25 17% YoY [1] - Weighted average ROE for Q1 2024 was 4 16%, down 1 97 percentage points YoY [1] Coal Business - Q1 2024 coal sales volume was 4 0261 million tons, down 21 08% YoY [1] - Average coal selling price in Q1 2024 was RMB 1 176 per ton, down 15 2% YoY but up 14 7% QoQ [1] - Coal business revenue in Q1 2024 was RMB 4 737 billion, down 33 07% YoY [1] - Coal business gross margin in Q1 2024 was 49 6%, up 1 1 percentage points YoY [1] Coal Chemical Business - Q1 2024 coke production was 876 300 tons, up 0 15% YoY [1] - Q1 2024 methanol production was 90 500 tons, down 42 65% YoY [1] - Average coke selling price in Q1 2024 was RMB 2 311 81 per ton, down 13 78% YoY [1] Financial Projections - 2024E revenue is projected at RMB 74 242 billion, with net profit attributable to shareholders of RMB 6 548 billion [3] - 2025E revenue is projected at RMB 75 515 billion, with net profit attributable to shareholders of RMB 7 027 billion [3] - 2026E revenue is projected at RMB 77 012 billion, with net profit attributable to shareholders of RMB 7 815 billion [3] - 2024E EPS is projected at RMB 2 43, with a PE ratio of 7 4x based on the closing price of RMB 17 87 on April 26, 2024 [3] Valuation Metrics - Current market capitalization is RMB 48 12853 billion [1] - 3-month average daily trading volume is RMB 523 94 million [1] - PB ratio is projected to decrease from 1 2x in 2024E to 0 9x in 2026E [1] - EV EBITDA ratio is projected to decrease from 4 5x in 2024E to 3 2x in 2026E [5]

股票代码：600985 股票简称：淮北矿业 公告编号：临 2024-037 淮北矿业控股股份有限公司 关于变更注册资本暨修订《公司章程》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法律责任。 淮北矿业控股股份有限公司（下称"公司"）于 2024 年 4 月 26 日召开第九 届董事会第二十四次会议，审议通过《关于变更注册资本暨修订<公司章程>的议 案》，具体情况如下： 一、变更注册资本事项 经中国证监会《关于核准淮北矿业控股股份有限公司公开发行可转换公司债 券的批复》（证监许可〔2022〕1744 号）核准，公司于 2022 年 9 月 14 日公开发 行了 3,000 万张可转换公司债券，每张面值 100 元，发行总金额 30 亿元，期限 6 年。根据公司《公开发行可转换公司债券募集说明书》相关约定，公司发行的 "淮 22 转债"自 2023 年 3 月 20 日起可转换为公司股份。 2024 年 4 月 2 日公司"淮 22 转债"完成转股，累计有 2,996,617,000 元"淮 22 转债"已转换为公司股份，累计转股 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 17,322,019,673.31, representing a decrease of 8.80% compared to the same period last year[4]. - The net profit attributable to shareholders was CNY 1,589,742,321.64, down 24.70% year-on-year[4]. - The basic earnings per share decreased by 25.17% to CNY 0.64[4]. - The diluted earnings per share also fell by 25.32% to CNY 0.59[4]. - Operating profit for Q1 2024 was ¥1,863,201,079.62, a decline of 26.7% compared to ¥2,539,880,412.53 in Q1 2023[16]. - Net profit for Q1 2024 was ¥1,579,309,989.33, down 33.4% from ¥2,370,269,916.93 in Q1 2023[16]. - The net profit for Q1 2024 is approximately ¥1.58 billion, a decrease of 25.5% compared to ¥2.12 billion in Q1 2023[17]. - The total comprehensive income for Q1 2024 is approximately ¥1.58 billion, down from ¥2.12 billion in Q1 2023, a decrease of 25.5%[17]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 18.16% to CNY 1,622,199,735.18[4]. - The company's cash and cash equivalents as of March 31, 2024, were approximately ¥4.90 billion, down from ¥5.44 billion at the end of 2023, representing a decrease of about 10%[12]. - Total cash and cash equivalents at the end of Q1 2024 is approximately ¥4.15 billion, down from ¥7.11 billion at the end of Q1 2023, a decrease of 41.5%[20]. - Cash inflow from operating activities in Q1 2024 is ¥18.75 billion, compared to ¥17.85 billion in Q1 2023, indicating a growth of 5.0%[19]. - Cash outflow from investing activities in Q1 2024 is ¥2.01 billion, an increase of 4.7% from ¥1.92 billion in Q1 2023[19]. - The company reported a net cash outflow from financing activities of approximately ¥35.68 million in Q1 2024, contrasting with a net outflow of ¥213.72 million in Q1 2023[20]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 87,210,047,068.76, a slight increase of 0.25% from the end of the previous year[5]. - Total current assets amounted to ¥18.47 billion, a decrease from ¥18.97 billion, representing a decline of approximately 2.7%[12]. - Total assets increased to ¥87,210,047,068.76 in Q1 2024 from ¥86,990,949,390.42 in Q1 2023[14]. - Total liabilities decreased to ¥40,903,626,743.20 in Q1 2024 from ¥45,447,171,211.01 in Q1 2023[14]. - Total liabilities amounted to CNY 25,354,562.80 in Q1 2024, compared to CNY 2,880,852,353.67 in Q1 2023, indicating a significant increase[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,887[8]. - Huabei Mining (Group) Co., Ltd. held 1,603,035,295 shares, accounting for 59.56% of total shares[8]. - The number of shares held by Anhui Wan Energy Capital Investment Co., Ltd. increased to 20,519,217, representing 0.76% of total shares[10]. Expenses and Costs - Management expenses decreased by 34.22%, primarily due to lower employee compensation and repair costs[7]. - Total operating costs for Q1 2024 were ¥15,587,280,630.29, down 5.2% from ¥16,444,614,363.85 in Q1 2023[16]. - The company reported a decrease in research and development expenses to ¥329,229,770.47, down from ¥404,695,810.94 in Q1 2023[16]. Investment and Income - The company reported a significant increase in investment income by 148.08%, mainly due to profits from associated companies[7]. - The company’s investment income for Q1 2024 was ¥32,030,498.52, compared to ¥12,911,534.57 in Q1 2023[16]. Other Information - The company has not disclosed any significant new product or technology developments in this reporting period[9]. - There were no significant mergers or acquisitions reported during the quarter[9]. - The company reported a financial expense of CNY -12,177.84 in Q1 2024, an improvement from CNY -21,418.07 in Q1 2023[25]. - The company received CNY 535,829,298.00 from financing activities in Q1 2024, indicating strong cash inflow from financing sources[30].

证券代码：600985 证券简称：淮北矿业 公告编号：临 2024-035 淮北矿业控股股份有限公司 2023 年年度股东大会决议公告 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 | 1、出席会议的股东和代理人人数 | 59 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,902,862,055 | | 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 | 70.6527 | | 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。 本次会议由公司董事会召集，董事长孙方先生和半数以上董事推举的董事兼 总经理葛春贵先生共同主持会议。本次会议采取现场和网络投票相结合的方式召 开，现场会议采取记名投票表决的方式，本次会议的召集、召开及表决方式均符 合《公司法》及《公司章程》的有关规定。 (一) 股东大会召开的时间：2024 年 4 月 26 日 (二) 股东大会召开 ...

一 安徽天禾律师事务所 淮北矿业 2023年年度股东大会法律意见书 淮北矿业 2023 年年度股东大会法律意见书 关于淮北矿业控股股份有限公司 2023 年年度股东大会 的法律意见书 地址： 安徽省合肥市怀宁路 288 号置地广场 A 座 34-35 楼 电话:（0551）2642792 传真:（0551）2620450 E 安徽天禾律师事务所 安徽天禾律师事务所 关于淮北矿业控股股份有限公司 2023 年年度股东大会 的法律意见书 天律意 2024 第 00865 号 致:淮北矿业控股股份有限公司 根据《中华人民共和国证券法》(下称"《证券法》")《中华人民共和国公 司法》(下称"《公司法》")、《上市公司股东大会规则》和《淮北矿业控股股份 有限公司章程》(下称"《公司章程》")的有关规定,安徽天禾律师事务所接受 淮北矿业控股股份有限公司(以下简称"公司")的委托,指派李刚、章钟锦律 师（以下简称"天禾律师"）见证公司 2023 年年度股东大会（以下简称"本次 股东大会"),并出具法律意见书。 本法律意见书是天禾律师根据对有关本次股东大会事实的了解及对我国现 行法律、法规和规范性文件的理解而做出的。 天禾律 ...

二○二四年四月 淮北矿业控股股份有限公司 2023 年年度股东大会 会议资料 股票代码：600985 淮北矿业控股股份有限公司 2023 年年度股东大会会议资料 淮北矿业控股股份有限公司 2023 年年度股东大会会议议程 一、会议召开时间： （一）现场会议：2024 年 4 月 26 日上午 9:00 （二）网络投票：采用上海证券交易所网络投票系统，通过交易系统投票平 台的投票时间为股东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30， 13:00-15:00 ； 通 过互 联 网投 票平 台 的投 票 时间 为 股东 大会 召 开当 日 的 9:15-15:00。 二、现场会议地点：安徽省淮北市人民中路 276 号淮北矿业会议中心 三、与会人员 （一）截至 2024 年 4 月 19 日下午交易结束后，在中国证券登记结算有限责 任公司上海分公司登记在册的公司股东或其代理人； （二）公司董事、监事及高级管理人员； 五、会议主要议程安排 （一）宣布开会 （二）宣读和审议议案 2 （三）本次会议的见证律师； （四）本次会议的工作人员。 四、主持人：董事长孙方 1.主持人宣布会议开始并宣读会议 ...