Group 1: Report General Information - The report is a Coke Daily Report by the Black Team of the Research Center, dated August 22, 2025 [1] Group 2: Price and Production Data - The latest price of Shanxi quasi - first wet - quenched coke is 1481.33, with a weekly increase of 54.61 and a monthly increase of 218.45, and a year - on - year decrease of 14.82% [2] - The latest price of Hebei quasi - first wet - quenched coke is 1725.00, with a weekly increase of 75.00, a monthly increase of 240.00, and a year - on - year decrease of 12.44% [2] - The latest price of Shandong quasi - first dry - quenched coke is 1660.00, with a weekly increase of 55.00, a monthly increase of 220.00, and a year - on - year decrease of 17.41% [2] - The latest price of Jiangsu quasi - first dry - quenched coke is 1700.00, with a weekly increase of 55.00, a monthly increase of 220.00, and a year - on - year decrease of 17.07% [2] - The latest price of Inner Mongolia second - grade coke is 1180.00, with a weekly increase of 50.00, a monthly increase of 200.00, and a year - on - year decrease of 15.71% [2] - The blast furnace开工率 (blast furnace operating rate) is 90.22, with a weekly increase of 0.13, a monthly decrease of 0.67, and a year - on - year increase of 3.68% [2] - The daily average iron water output is 240.75, with a weekly increase of 0.09, a monthly decrease of 1.48, and a year - on - year increase of 7.26% [2] - The price of the 05 contract on the futures disk is 1772, with a daily increase of 4.00, a weekly decrease of 45.50, a monthly decrease of 1.50, and a year - on - year decrease of 8.19% [2] - The price of the 09 contract on the futures disk is 1624, with a daily increase of 5.00, a weekly decrease of 25.50, a monthly decrease of 77.50, and a year - on - year decrease of 12.52% [2] - The price of the 01 contract on the futures disk is 1679, with a daily decrease of 1.00, a weekly decrease of 50.00, a monthly decrease of 64.00, and a year - on - year decrease of 11.09% [2] - The coking plant inventory is 39.47, with a weekly increase of 0.16, a monthly decrease of 10.65, and a year - on - year decrease of 15.82% [2] - The port inventory is 214.62, with a weekly decrease of 0.49, a monthly increase of 16.49, and a year - on - year increase of 12.24% [2] - The steel mill inventory is 609.59, with a weekly decrease of 0.21, a monthly decrease of 30.39, and a year - on - year increase of 13.52% [2] - The steel mill inventory days are 10.76, with a weekly decrease of 0.07, a monthly decrease of 0.69, and a year - on - year decrease of 0.46% [2] - The coking capacity utilization rate is 74.13, with a weekly increase of 0.38, a monthly increase of 1.23, and a year - on - year increase of 2.33% [2] - The daily average coke output is 51.63, with a weekly decrease of 0.04, a monthly decrease of 1.47, and a year - on - year decrease of 5.20% [2] - The 05 basis is 9.00, with a daily decrease of 4.00, a weekly increase of 45.50, a monthly increase of 236.39, and a year - on - year decrease of 69.65% [2] - The 09 basis is 157.00, with a daily decrease of 5.00, a weekly increase of 25.50, a monthly increase of 312.39, and a year - on - year increase of 4.85% [2] - The 01 basis is 102.00, with a daily increase of 1.00, a weekly increase of 50.00, a monthly increase of 298.89, and a year - on - year decrease of 18.15% [2] - The 5 - 9 spread is - 93.00, with a daily decrease of 5.00, a weekly decrease of 4.50, a monthly decrease of 62.50, and a year - on - year decrease of 51.50% [2] - The 9 - 1 spread is 148.00, with a daily decrease of 1.00, a weekly decrease of 20.00, a monthly increase of 76.00, and a year - on - year increase of 74.50% [2] - The 1 - 5 spread is - 55.00, with a daily increase of 6.00, a weekly increase of 24.50, a monthly decrease of 13.50, and a year - on - year decrease of 23.00% [2] Group 3: Historical Price Charts - There are historical price charts for Linfen ex - factory price, Lvliang ex - factory price, Rizhao Port quasi - first flat - closing price, Changzhi ex - factory price, Qingdao Port quasi - first flat - closing price, Tianjin Port quasi - first flat - closing price from 2021 to 2025 [3][4][5][6][9] - There are also historical charts for 247 - blast furnace capacity utilization rate, iron water output, 110 - steel mill coke inventory, Mongolian port pick - up price, Liulin main coking coal, coke main basis rate, 230 - coking capacity utilization rate, 230 - coke output, port total inventory, coke total inventory (weighted), coking profit, and full - sample coking coke inventory from 2021 to 2025 [7]

Group 1: Report Information - Report title: Coke Daily Report [1] - Date: August 20, 2025 [1] - Research team: Black Team of the Research Center [1] Group 2: Price and Production Data - **Coke prices**: - Shanxi quasi - first wet - quenched coke price is 1481.33, with no daily change, a weekly increase of 54.61, a monthly increase of 273.06, and a year - on - year decrease of 14.82% [2] - Hebei quasi - first wet - quenched coke price is 1725.00, with no daily change, a weekly increase of 75.00, a monthly increase of 295.00, and a year - on - year decrease of 14.81% [2] - Shandong quasi - first dry - quenched coke price is 1660.00, with no daily change, a weekly increase of 55.00, a monthly increase of 275.00, and a year - on - year decrease of 19.61% [2] - Jiangsu quasi - first dry - quenched coke price is 1700.00, with no daily change, a weekly increase of 55.00, a monthly increase of 275.00, and a year - on - year decrease of 19.24% [2] - Inner Mongolia second - grade coke price is 1180.00, with no daily change, a weekly increase of 50.00, a monthly increase of 250.00, and a year - on - year decrease of 18.62% [2] - **Production and utilization rates**: - Blast furnace operating rate is 90.22, with a weekly increase of 0.13, a monthly decrease of 0.67, and a year - on - year increase of 3.68% [2] - Daily average pig iron output is 240.66, with a weekly increase of 0.34, a monthly decrease of 1.78, and a year - on - year increase of 5.20% [2] - Coking plant capacity utilization rate is 73.75, with a weekly increase of 0.27, a monthly increase of 1.03, and a year - on - year increase of 1.12% [2] - Daily average coke output is 51.67, with a weekly decrease of 0.11, a monthly decrease of 1.53, and a year - on - year decrease of 3.78% [2] Group 3: Inventory Data - Coking plant inventory is 39.31, with a weekly decrease of 5.32, a monthly decrease of 16.24, and a year - on - year decrease of 13.98% [2] - Port inventory is 215.11, with a weekly decrease of 3.04, a monthly increase of 16.00, and a year - on - year increase of 14.29% [2] - Steel mill inventory is 609.80, with a weekly decrease of 9.48, a monthly decrease of 29.19, and a year - on - year increase of 14.24% [2] - Steel mill inventory days are 10.83, with a weekly decrease of 0.08, a monthly decrease of 0.63, and a year - on - year increase of 1.50% [2] Group 4: Futures Market Data - Futures contract prices: - Futures contract 05 price is 1808, with a daily decrease of 12.50, a weekly decrease of 57.50, a monthly increase of 137.00, and a year - on - year decrease of 7.68% [2] - Futures contract 09 price is 1645.5, with no daily change, a weekly decrease of 62.50, a monthly increase of 73.50, and a year - on - year decrease of 11.03% [2] - Futures contract 01 price is 1718, with a daily decrease of 7.00, a weekly decrease of 66.00, a monthly increase of 95.00, and a year - on - year decrease of 10.52% [2] - Basis and spread data: - 05 basis is - 27.00, with a daily increase of 12.50, a weekly increase of 116.22, a monthly increase of 167.37, and a year - on - year decrease of 110.51 [2] - 09 basis is 135.50, with no daily change, a weekly increase of 121.22, a monthly increase of 230.87, and a year - on - year decrease of 57.01 [2] - 01 basis is 63.00, with a daily increase of 7.00, a weekly increase of 124.72, a monthly increase of 209.37, and a year - on - year decrease of 59.01 [2] - 5 - 9 spread is - 90.00, with a daily increase of 5.50, a weekly decrease of 8.50, a monthly decrease of 42.00, and a year - on - year decrease of 51.50 [2] - 9 - 1 spread is 162.50, with a daily decrease of 12.50, a weekly increase of 5.00, a monthly increase of 63.50, and a year - on - year increase of 53.50 [2] - 1 - 5 spread is - 72.50, with a daily increase of 7.00, a weekly increase of 3.50, a monthly decrease of 21.50, and a year - on - year decrease of 2.00 [2]

Group 1 - The core viewpoint of the article highlights the increasing trend of A-share companies planning to list in Hong Kong, with Meijin Energy being the latest to announce its intention to issue H-shares and list on the Hong Kong Stock Exchange [1][2][3] - As of August 13, 2023, a total of 87 A-share companies have announced plans to issue H-shares, with 10 companies having a market capitalization exceeding 100 billion RMB, and 8 companies between 50 billion to 100 billion RMB [2] - The Hong Kong IPO market has shown strong performance in the first seven months of 2023, with 53 new stocks listed and a total fundraising amount of approximately 127 billion HKD, reflecting a year-on-year increase of over six times [2] Group 2 - Meijin Energy's announcement of its H-share listing is aimed at enhancing its overseas financing capabilities and improving governance transparency, as it is one of the largest independent producers of coking coal and coke in China, with a coking capacity of 7.15 million tons per year and coal production capacity of 6.3 million tons per year [3] - The primary motivations for many companies choosing to list in Hong Kong include global strategic expansion and financing needs, with firms like Luxshare Precision, Joyson Electronics, and Wankang Technology indicating that listing in Hong Kong will help them access international markets and attract strategic investors [3] - Hong Kong serves as a crucial bridge between the domestic and international markets, providing significant financing channels for mainland companies, especially in the current low-interest-rate environment where traditional bank product yields are declining [3]

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - No information provided 3. Summary by Relevant Catalog 3.1 Price Information - The latest price of Shanxi quasi - first wet quenching coke is 1208.26, with no daily change, a weekly increase of 54.61, no monthly change, and a year - on - year decrease of 38.04% [2] - The latest price of Hebei quasi - first wet quenching coke is 1430.00, with no daily change, a weekly increase of 55.00, no monthly change, and a year - on - year decrease of 34.70% [2] - The latest price of Shandong quasi - first dry quenching coke is 1385.00, with no daily change, a weekly increase of 55.00, no monthly change, and a year - on - year decrease of 37.89% [2] - The latest price of Jiangsu quasi - first dry quenching coke is 1425.00, with no daily change, a weekly increase of 55.00, no monthly change, and a year - on - year decrease of 37.22% [2] - The latest price of Inner Mongolia second - grade coke is 930.00, with no daily change, a weekly increase of 50.00, no monthly change, and a year - on - year decrease of 41.88% [2] 3.2 Production and Utilization Rate - The blast furnace开工率 (not translated in the text, presumably blast furnace operation rate) is 90.89, with a weekly increase of 0.99, a monthly increase of 0.10, and a year - on - year increase of 2.47% [2] - The daily average iron water output is 242.44, with a weekly increase of 2.63, a monthly increase of 0.26, and a year - on - year increase of 1.16% [2] - The coking capacity utilization rate is 72.72, with a weekly decrease of 0.48, a monthly decrease of 1.24, and a year - on - year decrease of 1.97% [2] - The daily average coke output is 53.20, with a weekly decrease of 0.39, a monthly decrease of 0.57, and a year - on - year decrease of 0.26% [2] 3.3 Inventory Information - The coking plant inventory is 55.55, with a weekly decrease of 4.03, a monthly decrease of 25.38, and a year - on - year increase of 57.77% [2] - The port inventory is 199.11, with a weekly decrease of 0.97, a monthly decrease of 4.00, and a year - on - year decrease of 1.60% [2] - The steel mill inventory is 638.99, with a weekly increase of 1.19, a monthly increase of 4.79, and a year - on - year increase of 15.72% [2] - The steel mill inventory days are 11.46, with a weekly decrease of 0.18, a monthly increase of 0.04, and a year - on - year increase of 9.04% [2] 3.4 Futures Information - The price of futures contract 05 is 1601, with a daily increase of 16.50, a weekly increase of 10.50, a monthly increase of 190.00, and a year - on - year decrease of 31.67% [2] - The price of futures contract 09 is 1526, with a daily increase of 26.50, a weekly decrease of 1.00, a monthly increase of 158.00, and a year - on - year decrease of 32.63% [2] - The price of futures contract 01 is 1570, with a daily increase of 27.50, a weekly increase of 10.50, a monthly increase of 173.00, and a year - on - year decrease of 33.18% [2] - The basis of contract 05 is - 124.37, with a daily decrease of 16.50, a weekly increase of 48.22, a monthly decrease of 190.00, and a year - on - year decrease of 64.13 [2] - The basis of contract 09 is - 49.37, with a daily decrease of 26.50, a weekly increase of 59.72, a monthly decrease of 158.00, and a year - on - year decrease of 67.13 [2] - The basis of contract 01 is - 93.37, with a daily decrease of 27.50, a weekly increase of 48.22, a monthly decrease of 173.00, and a year - on - year decrease of 26.63 [2] - The 5 - 9 spread is - 31.00, with a daily increase of 11.00, no weekly change, a monthly decrease of 17.00, and a year - on - year decrease of 37.50% [2] - The 9 - 1 spread is 75.00, with a daily decrease of 10.00, a weekly increase of 11.50, a monthly increase of 32.00, and a year - on - year decrease of 3.00% [2] - The 1 - 5 spread is - 44.00, with a daily decrease of 1.00, a weekly decrease of 11.50, a monthly decrease of 15.00, and a year - on - year increase of 40.50% [2]

Group 1: Report Information - Report Name: Coke Daily Report [1] - Date: July 15, 2025 [1] Group 2: Price and Production Data - **Coke Prices**: - Hebei Quasi - 1 Wet - Quenched Coke: 1375.00, no daily change, no weekly change, - 75.00 monthly change, - 37.21% year - on - year [2] - Shandong Quasi - 1 Dry - Quenched Coke: 1330.00, no daily change, no weekly change, - 55.00 monthly change, - 40.36% year - on - year [2] - Jiangsu Quasi - 1 Dry - Quenched Coke: 1370.00, no daily change, no weekly change, - 55.00 monthly change, - 39.65% year - on - year [2] - Inner Mongolia Second - Grade Coke: 880.00, no daily change, no weekly change, - 50.00 monthly change, - 45.00% year - on - year [2] - **Production and Capacity**: - Blast Furnace Operating Rate: 89.90, - 0.39 weekly change, - 0.68 monthly change, 0.92% year - on - year [2] - Daily Average Hot Metal Output: 239.81, - 1.04 weekly change, - 1.80 monthly change, 0.64% year - on - year [2] - Coking Capacity Utilization Rate: 73.20, - 0.06 weekly change, - 1.73 monthly change, - 1.33% year - on - year [2] - Daily Coke Output: 53.59, - 0.04 weekly change, - 0.07 monthly change, 0.45% year - on - year [2] Group 3: Inventory Data - **Inventory Quantities**: - Coking Plant Inventory: 59.58, - 2.02 weekly change, - 27.73 monthly change, 67.88% year - on - year [2] - Port Inventory: 200.08, 8.96 weekly change, - 3.01 monthly change, - 0.10% year - on - year [2] - Steel Mill Inventory: 637.80, 0.31 weekly change, - 5.04 monthly change, 18.44% year - on - year [2] - **Inventory Days**: - Steel Mill Inventory Days: 11.64, 0.12 weekly change, 0.02 monthly change, 13.01% year - on - year [2] Group 4: Futures Data - **Futures Prices**: - Futures Contract 05: 1590.5, 17.50 daily change, 81.50 weekly change, 217.00 monthly change, - 31.90% year - on - year [2] - Futures Contract 09: 1527, 18.50 daily change, 105.50 weekly change, 181.50 monthly change, - 31.57% year - on - year [2] - Futures Contract 01: 1559.5, 21.50 daily change, 93.00 weekly change, 199.00 monthly change, - 32.84% year - on - year [2] - **Basis and Spread**: - 05 Basis: - 172.60, - 17.50 daily change, - 81.50 weekly change, - 254.22 monthly change, - 122.01 year - on - year [2] - 09 Basis: - 109.10, - 18.50 daily change, - 105.50 weekly change, - 218.72 monthly change, - 162.51 year - on - year [2] - 01 Basis: - 141.60, - 21.50 daily change, - 93.00 weekly change, - 236.22 monthly change, - 104.51 year - on - year [2] - 5 - 9 Spread: - 31.00, 4.00 daily change, 11.50 weekly change, - 18.00 monthly change, - 17.50 year - on - year [2] - 9 - 1 Spread: 63.50, - 1.00 daily change, - 24.00 weekly change, 35.50 monthly change, - 40.50 year - on - year [2] - 1 - 5 Spread: - 32.50, - 3.00 daily change, 12.50 weekly change, - 17.50 monthly change, 58.00 year - on - year [2]

Group 1: Industry Investment Rating - No information provided Group 2: Core Viewpoints - No information provided Group 3: Data Summary Price - The latest price of Shanxi quasi - first wet - quenched coke is 1153.65, with no daily or weekly change, a monthly decrease of 54.61, and a year - on - year decrease of 40.84% [2] - The latest price of Hebei quasi - first wet - quenched coke is 1375.00, with no daily or weekly change, a monthly decrease of 75.00, and a year - on - year decrease of 37.21% [2] - The latest price of Shandong quasi - first dry - quenched coke is 1330.00, with no daily or weekly change, a monthly decrease of 55.00, and a year - on - year decrease of 40.36% [2] - The latest price of Jiangsu quasi - first dry - quenched coke is 1370.00, with no daily or weekly change, a monthly decrease of 55.00, and a year - on - year decrease of 39.65% [2] - The latest price of Inner Mongolia second - grade coke is 880.00, with no daily or weekly change, a monthly decrease of 50.00, and a year - on - year decrease of 45.00% [2] Production and Utilization - The blast furnace operating rate is 89.90, with a weekly decrease of 0.39, a monthly decrease of 0.68, and a year - on - year increase of 0.92% [2] - The daily average iron water output is 239.81, with a weekly decrease of 1.04, a monthly decrease of 1.80, and a year - on - year increase of 0.64% [2] - The coking capacity utilization rate is 73.20, with a weekly decrease of 0.06, a monthly decrease of 1.73, and a year - on - year decrease of 1.33% [2] - The daily average coke output is 53.59, with a weekly decrease of 0.04, a monthly decrease of 0.07, and a year - on - year increase of 0.45% [2] Inventory - The coking plant inventory is 59.58, with a weekly decrease of 2.02, a monthly decrease of 27.73, and a year - on - year increase of 67.88% [2] - The port inventory is 200.08, with a weekly increase of 8.96, a monthly decrease of 3.01, and a year - on - year decrease of 0.10% [2] - The steel mill inventory is 637.80, with a weekly increase of 0.31, a monthly decrease of 5.04, and a year - on - year increase of 18.44% [2] - The steel mill inventory days are 11.64, with a weekly increase of 0.12, a monthly increase of 0.02, and a year - on - year increase of 13.01% [2] Futures - The latest price of futures contract 05 is 1573, with a daily increase of 33.00, a weekly increase of 68.50, a monthly increase of 209.00, and a year - on - year decrease of 32.07% [2] - The latest price of futures contract 09 is 1508.5, with a daily increase of 30.50, a weekly increase of 86.00, a monthly increase of 169.00, and a year - on - year decrease of 32.10% [2] - The latest price of futures contract 01 is 1538, with a daily increase of 30.50, a weekly increase of 74.00, a monthly increase of 180.00, and a year - on - year decrease of 33.35% [2] Basis and Spread - The 05 basis is - 155.10, with a daily decrease of 33.00, a weekly decrease of 68.50, a monthly decrease of 246.22, and a year - on - year decrease of 124.51 [2] - The 09 basis is - 90.60, with a daily decrease of 30.50, a weekly decrease of 86.00, a monthly decrease of 206.22, and a year - on - year decrease of 154.01 [2] - The 01 basis is - 120.10, with a daily decrease of 30.50, a weekly decrease of 74.00, a monthly decrease of 217.22, and a year - on - year decrease of 97.51 [2] - The 5 - 9 spread is - 35.00, with a daily decrease of 2.50, a weekly increase of 5.50, a monthly decrease of 29.00, and a year - on - year decrease of 27.00 [2] - The 9 - 1 spread is 64.50, with a daily increase of 2.50, a weekly decrease of 17.50, a monthly increase of 40.00, and a year - on - year decrease of 29.50 [2] - The 1 - 5 spread is - 29.50, with no daily change, a weekly increase of 12.00, a monthly decrease of 11.00, and a year - on - year increase of 56.50 [2]

Group 1: Report Information - Report Name: Coke Daily Report [1] - Date: June 20, 2025 [1] - Research Team: Black Team of the Research Center [1] Group 2: Price Information - **Coke Prices**: - Shanxi quasi - first wet - quenched coke price is 1208.26, with no daily change, no weekly change, a monthly decrease of 129.81, and a year - on - year decrease of 36.50% [2] - Hebei quasi - first wet - quenched coke price is 1430.00, with no daily change, a weekly decrease of 20.00, a monthly decrease of 170.00, and a year - on - year decrease of 33.02% [2] - Shandong quasi - first dry - quenched coke price is 1385.00, with no daily change, no weekly change, a monthly decrease of 130.00, and a year - on - year decrease of 36.32% [2] - Jiangsu quasi - first dry - quenched coke price is 1425.00, with no daily change, no weekly change, a monthly decrease of 130.00, and a year - on - year decrease of 35.67% [2] - Inner Mongolia second - grade coke price is 930.00, with no daily change, no weekly change, a monthly decrease of 120.00, and a year - on - year decrease of 40.00% [2] - **Futures Prices**: - Futures contract 05 price is 1411, with a daily decrease of 1.50, a weekly increase of 37.50, a monthly decrease of 64.50, and a year - on - year decrease of 40.53% [2] - Futures contract 09 price is 1368, with a daily decrease of 7.50, a weekly increase of 22.50, a monthly decrease of 51.50, and a year - on - year decrease of 40.30% [2] - Futures contract 01 price is 1397, with a daily decrease of 2.50, a weekly increase of 36.50, a monthly decrease of 49.50, and a year - on - year decrease of 41.29% [2] Group 3: Inventory Information - Coking plant inventory is 80.93, with a weekly decrease of 6.38, a monthly increase of 7.83, and a year - on - year increase of 126.38% [2] - Port inventory is 203.11, with a weekly increase of 0.02, a monthly decrease of 19.99, and a year - on - year decrease of 0.12% [2] - Steel mill inventory is 634.20, with a weekly decrease of 8.64, a monthly decrease of 26.39, and a year - on - year increase of 14.04% [2] - Steel mill inventory days are 11.42, with a weekly decrease of 0.20, a monthly decrease of 0.47, and a year - on - year increase of 7.94% [2] Group 4: Production and Utilization Information - Blast furnace开工率 is 90.58, with a weekly decrease of 0.07, a monthly decrease of 1.18, and a year - on - year increase of 2.77% [2] - Daily average hot metal output is 242.18, with a weekly increase of 0.57, a monthly decrease of 1.42, and a year - on - year increase of 0.93% [2] - Coking capacity utilization rate is 73.96, with a weekly decrease of 0.97, a monthly decrease of 1.27, and a year - on - year increase of 0.53% [2] - Daily average coke output is 53.77, with a weekly increase of 0.11, a monthly increase of 1.89, and a year - on - year increase of 9.00% [2] Group 5: Basis and Spread Information - **Basis**: - 05 basis is 65.63, with a daily increase of 1.50, a weekly decrease of 15.99, a monthly decrease of 69.70, and a year - on - year increase of 214.56 [2] - 09 basis is 108.63, with a daily increase of 7.50, a weekly decrease of 0.99, a monthly decrease of 82.70, and a year - on - year increase of 176.56 [2] - 01 basis is 79.63, with a daily increase of 2.50, a weekly decrease of 14.99, a monthly decrease of 84.70, and a year - on - year increase of 235.56 [2] - **Spreads**: - 5 - 9 spread is - 14.00, with a daily decrease of 1.00, a weekly decrease of 1.00, a monthly increase of 15.00, and a year - on - year decrease of 21.00 [2] - 9 - 1 spread is 43.00, with a daily increase of 6.00, a weekly increase of 15.00, a monthly decrease of 13.00, and a year - on - year decrease of 38.00 [2] - 1 - 5 spread is - 29.00, with a daily decrease of 5.00, a weekly decrease of 14.00, a monthly decrease of 2.00, and a year - on - year increase of 59.00 [2]

Report Information - Report Name: Coke Daily Report - Date: June 17, 2025 - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided Core Viewpoints - Not provided Summary by Related Catalog Coke Prices - The latest price of Shanxi quasi - first wet - quenched coke is 1208.26, with no daily change, a weekly decrease of 7.90, a monthly decrease of 184.42, and a year - on - year decrease of 36.50% [2] - The latest price of Hebei quasi - first wet - quenched coke is 1450.00, with no daily or weekly change, a monthly decrease of 205.00, and a year - on - year decrease of 32.08% [2] - The latest price of Shandong quasi - first dry - quenched coke is 1385.00, with no daily or weekly change, a monthly decrease of 185.00, and a year - on - year decrease of 37.89% [2] - The latest price of Jiangsu quasi - first dry - quenched coke is 1425.00, with no daily or weekly change, a monthly decrease of 185.00, and a year - on - year decrease of 37.22% [2] - The latest price of Inner Mongolia second - grade coke is 930.00, with no daily or weekly change, a monthly decrease of 170.00, and a year - on - year decrease of 40.00% [2] Production and Inventory - The blast furnace operating rate is 90.58, with a weekly decrease of 0.07, a monthly decrease of 1.18, and a year - on - year increase of 2.77% [2] - The average daily pig iron output is 241.61, with a weekly decrease of 0.19, a monthly decrease of 3.16, and a year - on - year increase of 0.96% [2] - The coking plant inventory is 87.31, with a weekly decrease of 1.10, a monthly increase of 21.85, and a year - on - year increase of 146.99% [2] - The port inventory is 203.09, with a weekly decrease of 11.06, a monthly decrease of 22.02, and a year - on - year decrease of 1.04% [2] - The steel mill inventory is 642.84, with a weekly decrease of 2.96, a monthly decrease of 20.96, and a year - on - year increase of 15.51% [2] - The steel mill inventory days are 11.62, with a weekly increase of 0.04, a monthly decrease of 0.39, and a year - on - year increase of 10.46% [2] - The coking capacity utilization rate is 74.93, with a weekly decrease of 0.15, a monthly decrease of 0.12, and a year - on - year increase of 2.06% [2] - The average daily coke output is 53.66, with a weekly increase of 1.21, a monthly increase of 2.51, and a year - on - year increase of 12.31% [2] Futures Market - The latest price of futures contract 05 is 1378.5, with a daily increase of 5.00, a weekly increase of 9.50, a monthly decrease of 154.50, and a year - on - year decrease of 40.27% [2] - The latest price of futures contract 09 is 1352, with a daily increase of 6.50, a weekly increase of 13.50, a monthly decrease of 122.00, and a year - on - year decrease of 39.72% [2] - The latest price of futures contract 01 is 1374.5, with a daily increase of 14.00, a weekly increase of 18.50, a monthly decrease of 125.00, and a year - on - year decrease of 41.08% [2] - The 05 basis is 76.62, with a daily decrease of 5.00, a weekly decrease of 9.50, a monthly decrease of 59.93, and a year - on - year increase of 161.06 [2] - The 09 basis is 103.12, with a daily decrease of 6.50, a weekly decrease of 13.50, a monthly decrease of 92.43, and a year - on - year increase of 122.56 [2] - The 01 basis is 80.62, with a daily decrease of 14.00, a weekly decrease of 18.50, a monthly decrease of 89.43, and a year - on - year increase of 190.06 [2] - The 5 - 9 spread is - 4.00, with a daily increase of 9.00, a weekly increase of 9.00, a monthly increase of 29.50, and a year - on - year decrease of 29.00 [2] - The 9 - 1 spread is 26.50, with a daily decrease of 1.50, a weekly decrease of 4.00, a monthly decrease of 32.50, and a year - on - year decrease of 38.50 [2] - The 1 - 5 spread is - 22.50, with a daily decrease of 7.50, a weekly decrease of 5.00, a monthly increase of 3.00, and a year - on - year increase of 67.50 [2]

Group 1: Report Information - Report Name: Coke Daily Report [1] - Date: June 16, 2025 [1] - Research Team: Black Team of the Research Center [1] Group 2: Price and Yield Data Coke Prices - **Shanxi Quasi - First Wet - Quenched Coke**: The latest price is 1208.26, with no daily change, a weekly decrease of 75.19, a monthly decrease of 184.42, and a year - on - year decrease of 36.50% [2] - **Hebei Quasi - First Wet - Quenched Coke**: The latest price is 1450.00, with no daily change, a weekly decrease of 75.00, a monthly decrease of 205.00, and a year - on - year decrease of 32.08% [2] - **Shandong Quasi - First Dry - Quenched Coke**: The latest price is 1385.00, with no daily change, a weekly decrease of 75.00, a monthly decrease of 185.00, and a year - on - year decrease of 37.89% [2] - **Jiangsu Quasi - First Dry - Quenched Coke**: The latest price is 1425.00, with no daily change, a weekly decrease of 75.00, a monthly decrease of 185.00, and a year - on - year decrease of 37.22% [2] - **Inner Mongolia Second - Grade Coke**: The latest price is 930.00, with no daily change, a weekly decrease of 70.00, a monthly decrease of 170.00, and a year - on - year decrease of 40.00% [2] Yield - related Data - **Blast Furnace Start - up Rate**: The latest rate is 90.58, with a weekly decrease of 0.07, a monthly decrease of 1.18, and a year - on - year increase of 2.77% [2] - **Daily Average Pig Iron Output**: The latest output is 241.61, with a weekly decrease of 0.19, a monthly decrease of 3.16, and a year - on - year increase of 0.96% [2] Futures Market Data - **Futures Contract Prices**: The latest price of the 05 contract is 1373.5, with a daily increase of 9.50, a weekly increase of 2.00, a monthly decrease of 212.00, and a year - on - year decrease of 39.96%; the 09 contract is 1345.5, with a daily increase of 6.00, a weekly increase of 3.00, a monthly decrease of 120.00, and a year - on - year decrease of 39.65%; the 01 contract is 1360.5, with a daily increase of 2.50, a weekly decrease of 3.00, a monthly decrease of 135.00, and a year - on - year decrease of 41.15% [2] - **Basis and Spread Data**: For example, the 05 basis is 81.62, with a daily decrease of 9.50, a weekly decrease of 12.75, a monthly decrease of 2.43, and a year - on - year increase of 136.96; the 5 - 9 spread is - 13.00, with a daily decrease of 7.00, a weekly decrease of 5.00, a monthly increase of 77.00, and a year - on - year decrease of 37.50% [2] Group 3: Inventory Data - **Coking Plant Inventory**: The latest inventory is 87.31, with a weekly decrease of 1.10, a monthly increase of 21.85, and a year - on - year increase of 146.99% [2] - **Port Inventory**: The latest inventory is 203.09, with a weekly decrease of 11.06, a monthly decrease of 22.02, and a year - on - year decrease of 1.04% [2] - **Steel Mill Inventory**: The latest inventory is 642.84, with a weekly decrease of 2.96, a monthly decrease of 20.96, and a year - on - year increase of 15.51% [2] - **Steel Mill Inventory Days**: The latest inventory days are 11.62, with a weekly increase of 0.04, a monthly decrease of 0.39, and a year - on - year increase of 10.46% [2] Group 4: Capacity Utilization and Output Data - **Coking Capacity Utilization**: The latest utilization rate is 74.93, with a weekly decrease of 0.15, a monthly decrease of 0.12, and a year - on - year increase of 2.06% [2] - **Daily Coke Output**: The latest output is 53.66, with a weekly increase of 1.21, a monthly increase of 2.51, and a year - on - year increase of 12.31% [2] Group 5: Historical Data Graphs - The report also includes historical data graphs of various indicators such as coke prices in different regions (Linfen, Lvliang, etc.), port prices, inventory, capacity utilization, and production from 2021 to 2025 [3][4][5]

Core Points - Shanxi Coking Co., Ltd. announced a cash dividend of RMB 0.02 per share for its A shares [1] - The total cash dividend distribution amounts to RMB 51,242,423.08 based on a total share capital of 2,562,121,154 shares [1] Distribution Dates - The record date for the dividend is June 18, 2025, with the last trading day and ex-dividend date both on June 19, 2025 [2] Distribution Implementation - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [2] - Individual shareholders holding shares for over one year will be exempt from individual income tax on dividends, while those holding for less than one month will incur a 20% tax [2][3] - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net dividend of RMB 0.018 per share [3][4] - Other institutional investors will not have tax withheld by the company, and the gross dividend of RMB 0.02 per share will be distributed [4] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Board Secretary Department of Shanxi Coking Co., Ltd. at the provided phone numbers [4]