Core Viewpoint - Lu'an Environmental Energy experienced a stock price decline of 2.02% on November 7, trading at 15.50 CNY per share with a market capitalization of 46.367 billion CNY, amidst a net outflow of 26.856 million CNY in main funds [1] Financial Performance - For the period from January to September 2025, Lu'an Environmental Energy reported operating revenue of 21.1 billion CNY, a year-on-year decrease of 20.82%, and a net profit attributable to shareholders of 1.554 billion CNY, down 44.45% year-on-year [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Lu'an Environmental Energy was 73,200, a decrease of 9.60% from the previous period, with an average of 40,855 circulating shares per shareholder, an increase of 10.63% [2] - The company has cumulatively distributed 25.851 billion CNY in dividends since its A-share listing, with 14.505 billion CNY distributed over the past three years [3] Major Shareholders - As of September 30, 2025, the top circulating shareholders included Guotai Junan CSI Coal ETF, holding 47.291 million shares, and Hong Kong Central Clearing Limited, holding 39.944 million shares, which saw a reduction of 4.797 million shares compared to the previous period [3]

Core Viewpoint - Lu'an Environmental Energy has shown a significant increase in stock price and trading activity, indicating potential investor interest and market dynamics [1][2]. Group 1: Stock Performance - Lu'an Environmental Energy's stock price has increased by 15.20% year-to-date, with a 7.49% rise in the last five trading days, 10.22% in the last 20 days, and 12.46% in the last 60 days [2]. - As of November 6, the stock was trading at 16.07 CNY per share, with a market capitalization of 48.072 billion CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Lu'an Environmental Energy reported a revenue of 21.1 billion CNY, a year-on-year decrease of 20.82%, and a net profit attributable to shareholders of 1.554 billion CNY, down 44.45% year-on-year [2]. - The company has distributed a total of 25.851 billion CNY in dividends since its A-share listing, with 14.505 billion CNY distributed over the last three years [3]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 9.60% to 73,200, while the average number of circulating shares per person increased by 10.63% to 40,855 shares [2]. - The top circulating shareholders include Guotai Junan CSI Coal ETF, holding 47.291 million shares, and Hong Kong Central Clearing Limited, holding 39.944 million shares, with the latter seeing a decrease in holdings [3].

Core Viewpoint - Jin Energy Holdings Co., Ltd. has experienced a significant increase in stock price and trading volume, indicating positive market sentiment despite a decline in revenue and net profit for the year [1][2]. Group 1: Stock Performance - On November 6, Jin Energy's stock rose by 2.06%, reaching 16.38 CNY per share, with a trading volume of 1.87 billion CNY and a market capitalization of 27.415 billion CNY [1]. - Year-to-date, Jin Energy's stock price has increased by 26.83%, with a 9.20% rise over the last five trading days, 13.83% over the last 20 days, and 12.97% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Jin Energy reported operating revenue of 9.325 billion CNY, a year-on-year decrease of 16.99%, and a net profit attributable to shareholders of 1.277 billion CNY, down 40.65% year-on-year [2]. - Since its A-share listing, Jin Energy has distributed a total of 6.083 billion CNY in dividends, with 3.640 billion CNY distributed over the last three years [2]. Group 3: Shareholder Structure - As of October 20, 2025, the number of Jin Energy shareholders increased to 58,000, while the average circulating shares per person decreased by 4.40% to 28,856 shares [2]. - The second-largest circulating shareholder is the Guotai Zhenzheng Coal ETF, holding 33.2232 million shares, an increase of 2.024 million shares from the previous period [2].

Core Viewpoint - Shanxi Coal International has shown a positive stock performance recently, with a notable increase in trading volume and market capitalization, despite a decline in revenue and net profit year-to-date [1][2]. Financial Performance - As of September 30, 2025, Shanxi Coal International reported a revenue of 15.332 billion yuan, a year-on-year decrease of 30.20% [2]. - The net profit attributable to shareholders was 1.046 billion yuan, reflecting a year-on-year decline of 49.74% [2]. Stock Performance - The stock price increased by 3.50% year-to-date, with a 5.10% rise over the last five trading days and a 17.77% increase over the last 20 days [1]. - The stock was trading at 11.53 yuan per share, with a market capitalization of 22.858 billion yuan as of November 5 [1]. Shareholder Information - The number of shareholders decreased by 12.97% to 71,900 as of September 30, 2025, while the average number of circulating shares per person increased by 14.91% to 27,566 shares [2]. - Major shareholders include Huatai-PB Shanghai Stock Exchange Dividend ETF and Guotai CSI Coal ETF, with significant increases in their holdings [3]. Dividend History - Shanxi Coal International has distributed a total of 11.570 billion yuan in dividends since its A-share listing, with 6.225 billion yuan distributed over the past three years [3]. Business Overview - The company, established in 2000 and listed in 2003, is primarily engaged in new energy development, coal and coke industry investment, and logistics information consulting services [1]. - The revenue composition includes self-produced coal (36.87%), traded coal (24.93%), metallurgical coal (18.62%), and thermal coal (18.25%) [1].

Core Viewpoint - The stock price of Guo Xin Energy has shown a significant increase of 33.70% year-to-date, despite a slight decline of 0.82% in the last five trading days, indicating volatility in the short term while maintaining a strong performance overall [2]. Financial Performance - For the period from January to September 2025, Guo Xin Energy reported a revenue of 11.465 billion yuan, reflecting a year-on-year decrease of 3.70%. However, the net profit attributable to shareholders was -9.22 million yuan, which represents a year-on-year increase of 7.54% [2]. - The company has cumulatively distributed 614 million yuan in dividends since its A-share listing, with 200 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 5, Guo Xin Energy's stock price reached 3.61 yuan per share, with a trading volume of 57.06 million yuan and a turnover rate of 0.90%. The total market capitalization stands at 6.964 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" six times this year, with the most recent appearance on October 24 [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Guo Xin Energy was 48,400, a decrease of 10.61% from the previous period. The average circulating shares per person remained at 0 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 18.4162 million shares, an increase of 6.1902 million shares compared to the previous period [3]. Business Overview - Guo Xin Energy, established on November 4, 1993, and listed on October 13, 1992, primarily engages in natural gas pipeline construction, operation management, and sales. The revenue composition is 95.58% from natural gas and coalbed gas, 1.96% from electricity, and 1.90% from other sources [2]. - The company is classified under the public utility sector, specifically in gas-related industries, and is associated with concepts such as natural gas, Shanxi state-owned assets, low prices, state-owned reform, and small-cap stocks [2].

Core Viewpoint - Lu'an Environmental Energy's stock price has shown fluctuations, with a year-to-date increase of 5.02% but a recent decline of 1.41% over the last five trading days [2] Group 1: Stock Performance - As of October 31, Lu'an Environmental Energy's stock price was 14.65 CNY per share, with a market capitalization of 43.824 billion CNY [1] - The stock has experienced a trading volume of 276 million CNY and a turnover rate of 0.62% [1] - Year-to-date, the stock has risen by 5.02%, with a 1.41% decline in the last five trading days and a 0.76% increase over the last 20 days [2] Group 2: Financial Performance - For the period from January to September 2025, Lu'an Environmental Energy reported a revenue of 21.1 billion CNY, a year-on-year decrease of 20.82% [2] - The net profit attributable to shareholders for the same period was 1.554 billion CNY, reflecting a year-on-year decline of 44.45% [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 9.60% to 73,200, while the average circulating shares per person increased by 10.63% to 40,855 shares [2] - The company has distributed a total of 25.851 billion CNY in dividends since its A-share listing, with 14.505 billion CNY distributed in the last three years [3] Group 4: Institutional Holdings - The top three circulating shareholders include Guotai Junan CSI Coal ETF, holding 47.291 million shares, and Hong Kong Central Clearing Limited, holding 39.944 million shares, which decreased by 4.797 million shares from the previous period [3] - New institutional shareholders include China Universal Dividend Flexible Allocation Mixed A, holding 19.6 million shares, and E Fund CSI 300 ETF, holding 14.726 million shares [3]

Core Viewpoint - Lu'an Environmental Energy is a leading enterprise in the domestic coking coal and blast furnace injection coal production, with significant technological advantages in using Lu'an anthracite for blast furnace injection [1] Group 1: Business Performance - In Q3 2025, Lu'an Environmental Energy achieved a revenue of 21.1 billion, ranking third among 12 companies in the industry [2] - The company's net profit for the same period was 1.217 billion, also ranking third in the industry [2] - The main business revenue composition includes coal revenue of 13.036 billion (92.66%), coke revenue of 778 million (5.53%), and other revenue of 255 million (1.81%) [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 40.45%, down from 47.15% year-on-year, which is lower than the industry average of 53.50% [3] - The gross profit margin for the same period was 34.10%, down from 40.71% year-on-year, but still higher than the industry average of 22.28% [3] Group 3: Management and Shareholder Information - The total compensation for General Manager Shi Hongmiao decreased by 107,800 compared to the previous year, amounting to 570,600 in 2024 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 9.60% to 73,200, while the average number of circulating A-shares held per household increased by 10.63% to 40,900 [5] Group 4: Strategic Outlook - The company is under pressure in 2025 due to rising costs and declining coal prices, impacting profit margins [6] - Lu'an Environmental Energy has a strategic focus on resource expansion, having obtained exploration rights for the Shama block, increasing coal resources by over 800 million tons [6] - The company has advanced production capacity of 49.7 million tons per year and is committed to launching an overall listing of coal assets [6]

Core Viewpoint - Lu'an Environmental Energy has shown fluctuations in stock performance, with a recent increase of 2.03% and a year-to-date increase of 8.17%, despite a decline of 4.25% in the last five trading days [1] Group 1: Stock Performance - As of October 29, Lu'an Environmental Energy's stock price is 15.09 CNY per share, with a market capitalization of 45.14 billion CNY [1] - The stock has seen a trading volume of 2.89 billion CNY and a turnover rate of 0.65% [1] - Year-to-date, the stock has increased by 8.17%, with a recent five-day decline of 4.25% [1] Group 2: Financial Performance - For the first half of 2025, Lu'an Environmental Energy reported a revenue of 14.07 billion CNY, a year-on-year decrease of 20.31%, and a net profit of 1.35 billion CNY, down 39.44% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 25.85 billion CNY, with 14.51 billion CNY distributed in the last three years [3] Group 3: Shareholder Information - As of September 30, the number of shareholders decreased by 9.88% to 73,000, while the average number of circulating shares per person increased by 10.96% to 40,978 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 7.13 million shares to 44.74 million shares [3]

Core Viewpoint - Jinko Coal Industry's stock price has experienced fluctuations, with a current decline of 2.05% and a total market capitalization of 24.787 billion yuan, reflecting a challenging market environment for the coal sector [1] Financial Performance - For the period from January to September 2025, Jinko Coal Industry reported operating revenue of 9.325 billion yuan, a year-on-year decrease of 16.99%, and a net profit attributable to shareholders of 1.277 billion yuan, down 40.65% compared to the previous year [2] - The company has distributed a total of 6.083 billion yuan in dividends since its A-share listing, with 3.640 billion yuan distributed over the last three years [3] Stock Market Activity - As of October 28, Jinko Coal's stock price is 14.81 yuan per share, with a trading volume of 268 million yuan and a turnover rate of 1.07% [1] - The stock has increased by 14.67% year-to-date, but has seen a decline of 6.27% over the last five trading days [1] Shareholder Structure - As of October 20, the number of shareholders for Jinko Coal increased to 58,000, with an average of 28,856 circulating shares per person, a decrease of 4.40% [2] - The top ten circulating shareholders include significant institutional investors, with notable changes in holdings among ETFs [3]

Core Viewpoint - Shanxi Coking's stock price has shown a modest increase this year, with a notable rise in recent trading days, despite a decline in revenue and net profit for the first half of 2025 [1][2]. Group 1: Stock Performance - On October 27, Shanxi Coking's stock rose by 2.35%, reaching 4.35 CNY per share, with a trading volume of 224 million CNY and a turnover rate of 2.05%, resulting in a total market capitalization of 11.145 billion CNY [1]. - Year-to-date, Shanxi Coking's stock price has increased by 8.48%, with a 0.23% rise over the last five trading days, 7.67% over the last 20 days, and 3.82% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on October 23, where it recorded a net purchase of 63.5265 million CNY [1]. Group 2: Financial Performance - For the first half of 2025, Shanxi Coking reported an operating revenue of 3.226 billion CNY, a year-on-year decrease of 18.23%, and a net profit attributable to shareholders of -77.6111 million CNY, representing a year-on-year decline of 142.18% [2]. - Since its A-share listing, Shanxi Coking has distributed a total of 2.167 billion CNY in dividends, with 692 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Shanxi Coking was 78,400, a decrease of 2.14% from the previous period, with an average of 32,693 circulating shares per shareholder, an increase of 2.18% [2]. - Among the top ten circulating shareholders, Guotai Zhongxin Coal ETF holds 19.8786 million shares, an increase of 4.0954 million shares compared to the previous period, while Hong Kong Central Clearing Limited holds 12.4704 million shares, a decrease of 1.3030 million shares [3].