Group 1 - The investment rating of the coal and coking industry is not mentioned in the report [1][2][3] Group 2 - The core view is that the change in coal mine production rhythm has disturbed market sentiment. Currently, the inventory at the coal mine end remains at a high level, and the rebound of coal prices has been hindered. Continuous attention should be paid to the resumption of coal mine production [4] Group 3 - **Market situation**: Yesterday, the news of coal mine resumption cooled down the bullish sentiment, and the futures prices of coal and coking oscillated and declined, closing down at the end of the session. On the spot side, after the fourth round of coke price cuts was implemented, it remained stable; the coking coal market generally maintained a weak and stable operation. According to institutional research, some previously shut - down coal mines in the Shanxi region have plans to resume production one after another. A large shut - down mine in Xiangning is handling the resumption acceptance procedures, with the expected resumption time from July 3 - 4. This mine was shut down for rectification due to safety factors on June 1, and as of now, it has been shut down for 30 days, affecting the daily output of raw coal by 620,000 tons. In addition, the current round of ecological and environmental protection supervision teams has completed their inspection in Shanxi, and the shut - down coal mines will resume production one after another [3] - **Data situation**: Last week, the daily output of raw coal from coal mines was 1.85 million tons, a week - on - week increase of 45,000 tons and a year - on - year decrease of 203,000 tons; the daily output of clean coal was 738,000 tons, a week - on - week decrease of 5,000 tons and a year - on - year decrease of 35,000 tons. The raw coal inventory was 6.835 million tons, a month - on - month decrease of 179,000 tons; the clean coal inventory was 4.631 million tons, a month - on - month decrease of 361,000 tons [3]