7月29日，沪深两融数据显示，山煤国际获融资买入额0.33亿元，居两市第634位，当日融资偿还额0.37 亿元，净卖出385.78万元。 来源：金融界 融券方面，当日融券卖出2.99万股，净卖出0.57万股。 最近三个交易日，25日-29日，山煤国际分别获融资买入1.08亿元、0.42亿元、0.33亿元。 ...

Group 1 - The company held its 45th meeting of the 9th Board of Directors on July 28, 2025, where all 15 directors participated and approved several key resolutions [1] - The board approved a proposal to sell equity in a controlling subsidiary with unanimous consent [1] - The company plans to apply for a comprehensive credit facility of RMB 100 million from Shinhan Bank (China) Co., Ltd. to support a syndicated loan with CITIC Bank, with a credit term from July 28, 2025, to April 30, 2028 [2] - The board authorized the chairman to represent the company in signing relevant contracts and agreements related to the comprehensive credit facility and financing business [2] Group 2 - The board approved a proposal for a loan to support the "Pingdingshan Tianan Coal Industry Co., Ltd. Coal Mine Digitalization and Intelligent Upgrade Project (2024-2026)" [2] - The board decided to establish internal management changes, including renaming departments to better align with business development needs [2]

平顶山天安煤业股 份有限公司拟转让股权所涉及的 公司股东全部权益价值-资产评估报告 目 录 一、 委托人、被评估单位和资产评估委托合同约定的其他资产评估报告使用人概况 网址：http://www.caa—bj.com.cn 电话：010— 88395166 传真：010—88395661 邮编：100044 地址：北京市西城区车公庄大街 9 号院五栋大楼 B1 栋 13 层 邮箱： zhongtianhua@zthcpv.com 平顶山天安煤业股份有限公司拟转让股权所涉及的 四、评估对象涉及的资产、负债清单由委托人、被评估单位申报并经其采用签名、 盖章或法律允许的其他方式确认；委托人和其他相关当事人依法对其提供资料的真实 性、完整性、合法性负责。 平顶山天安煤业香山矿有限公司股东全部权益价值-资产评估报告 声 明 一、本资产评估报告依据财政部发布的资产评估基本准则和中国资产评估协会发 布的资产评估执业准则和职业道德准则编制。 二、委托人或者其他资产评估报告使用人应当按照法律、行政法规规定及本资产 评估报告载明的使用范围使用资产评估报告；委托人或者其他资产评估报告使用人违 反前述规定使用资产评估报告的，本资产评 ...

- The report aims to track large purchases and net active purchases using transaction detail data[1] - The indicators used are the proportion of large order transaction amounts and the proportion of net active purchase amounts[7] - The proportion of large order transaction amounts reflects the buying behavior of large funds[7] - The proportion of net active purchase amounts reflects the active buying behavior of investors[7] - The top 5 stocks with the highest average proportion of large order transaction amounts over the past 5 days are: Sobute, China Railway Industry, Tibet Tianlu, Poly United, and China Power Construction[4][9] - The top 5 stocks with the highest average proportion of net active purchase amounts over the past 5 days are: Weixing Co., HNA Holdings, Kaili Medical, Liaogang Co., and Hengyi Petrochemical[4][10] - The top 5 industries with the highest average proportion of large order transaction amounts over the past 5 days are: Banking, Real Estate, Petroleum and Petrochemical, Transportation, and Coal[4] - The top 5 industries with the highest average proportion of net active purchase amounts over the past 5 days are: Media, Textile and Apparel, Computers, Electronics, and Light Manufacturing[4] - The top 5 ETFs with the highest average proportion of large order transaction amounts over the past 5 days are: China Agricultural Theme ETF, E Fund CSI 300 Medical and Health ETF, Huabao CSI Medical ETF, Bosera SSE STAR 100 ETF, and Guotai CSI Livestock Breeding ETF[4][15] - The top 5 ETFs with the highest average proportion of net active purchase amounts over the past 5 days are: Penghua CSI Subdivision Chemical Industry Theme ETF, GF SSE STAR 50 ETF, Harvest CSI Rare Metals Theme ETF, E Fund Guozheng Robotics Industry ETF, and Harvest CSI Software Services ETF[4][16]

平煤股份(601666.SH)公告称，为保障"平顶山天安煤业股份有限公司煤矿数字化智能化改造提升项目 （2024-2026年）"建设按时完成，根据项目资金需求，公司拟向国家开发银行申请由国家开发银行河南 省分行牵头组建银团授信13.44亿元，贷款期限10年（含宽限期2年）。 ...

Group 1 - Anhui Construction won a joint bid for the Chongqing Rongchang to Sichuan Zigong expressway project, with a total estimated investment of 3.614 billion yuan and a construction period of 3 years [1] - Hongfa Co. reported a net profit of 964 million yuan for the first half of 2025, a year-on-year increase of 14.19%, with revenue of 8.347 billion yuan, up 15.43% [1][2] - Lujiazui's net profit for the first half of 2025 was 815 million yuan, a decrease of 7.87%, despite a revenue increase of 33.91% to 6.598 billion yuan [3] - Enhua Pharmaceutical achieved a net profit of 700 million yuan, up 11.38%, with revenue of 3.010 billion yuan, an increase of 8.93% [4][5] - China CNR signed several major contracts totaling approximately 32.92 billion yuan, covering various sectors including urban rail vehicles and wind power equipment [6] - WanTong Intelligent signed an exclusive sales and cooperation agreement in the embodied intelligence field, gaining global sales rights for specific chip-based products [7][8] Group 2 - Liansheng Technology's subsidiary received a government subsidy of 13.5 million yuan, accounting for 12.24% of the company's latest audited net profit [9] - Guobang Pharmaceutical reported a net profit of 456 million yuan, a year-on-year increase of 12.60%, with revenue of 3.026 billion yuan, up 4.63% [10] - Baotai expects a net loss of 110 to 140 million yuan for the first half of 2025, a reduction in loss compared to the previous year [11] - Sains expects a net profit decrease of 57.53% to 60.13%, with projected revenue growth of 15.17% to 23.59% [12] - Nanya New Materials anticipates a net profit of 80 to 95 million yuan for the first half of 2025, an increase compared to the previous year [13] - Tian Pharmaceutical's subsidiary passed the consistency evaluation for a peritoneal dialysis solution [14] Group 3 - Shede Liquor announced the resignation of director Ni Qiang due to work reasons [15] - Greentown Water plans to transfer assets and liabilities of its ASEAN subsidiary to improve resource allocation [16] - Beibu Gulf Port's subsidiary signed an associated transaction contract worth 11.199 million yuan [17] - Beibu Gulf Port announced multiple resignations of directors and executives [18] - Jidian Co. reported the resignation of its deputy general manager due to work changes [19] - Wanhua Chemical's industrial park in Fujian resumed production after maintenance [20] Group 4 - Shanghai Pharmaceuticals received approval for a clinical trial of a new indication for its B019 injection [21] - Jianbang Co. reported a net profit of 69.66 million yuan, a decrease of 27.72%, with revenue of 307 million yuan, down 15.37% [23] - Jianbang Co. plans to use up to 400 million yuan of idle funds for cash management [25] - Wanfu Bio's subsidiary obtained multiple medical device registrations [28] - Hunan Tianyan announced a change in its controlling shareholder to China Chang'an Automobile Group [29][30] - Xizhuang Co. plans to establish a joint venture for sustainable aviation fuel [32]

| 2025-07-29 | 陕西煤业 | 601225 | 20.64 1919.52 d3 | 国泰海通证券股份 | 华泰证券股份有限 | | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | 有限公司总部 | 卖出营业部 公司北京雍和宫证 | 7月29日，陕西煤业大宗交易成交93万股，成交额1919.52万元，占当日总成交额的2.23%，成交价20.64元，较市场收盘价20.64元持平。 ...

证券之星消息，7月29日煤炭开采板块较上一交易日上涨0.62%，潞安环能领涨。当日上证指数报收于 3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。煤炭开采板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日煤炭开采板块主力资金净流入6692.24万元，游资资金净流出5055.48万元，散 户资金净流出1636.76万元。煤炭开采板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 6619109 | 路安休能 | 14.70 | 5.38% | 116.59万 | 16.66亿 | | 601101 | 吴华能源 | 7.67 | 2.13% | 17.75万 | · 1.34亿 | | 000983 | 山西焦煤 | 7.45 | 2.05% | 123.03万 | 9.02亿 | | 600985 | 淮北矿业 | 12.97 ...

Investment Rating - The industry rating is "Outperform the Market" (maintained rating) [5] Core Viewpoints - The target price range for thermal coal at ports is expected to reach 700-750 RMB/ton by the end of the year [4][24] - The report emphasizes the need to break the coal-electricity deflation spiral, with a focus on controlling production rates to avoid excessive competition [13][16][25] - The coal supply situation is being closely monitored, with a national coal production target of approximately 4.8 billion tons for 2025 [4][21] Summary by Sections Coal Mine Overproduction Inspection - The National Energy Administration has initiated inspections of coal production in eight key provinces to ensure that production does not exceed announced capacities [2][11] - The inspections will assess whether the coal mines' production plans for 2025 exceed the announced capacities by more than 10% [11][12] Inventory Changes - In 2024, the inventory of thermal coal is projected to increase by approximately 28.34 million tons based on major port, pit, and power plant inventories [3][22] - An alternative calculation method suggests that the total inventory increase could be around 92.69 million tons, indicating a significant supply-demand imbalance [3][21] Policy Toolbox and Adjustability - The report discusses the potential for policy adjustments to manage coal production and supply, highlighting the importance of maintaining a balance between production and market prices [4][25] - The report notes that while there may not be nationwide overproduction, certain regions may still face issues due to high capacity utilization [21][23] Market Dynamics - The report indicates that the market has begun to self-correct, with thermal coal prices rebounding after hitting a low in mid-June 2025 [21] - The coal industry's current dynamics suggest that controlling production rates is crucial to avoid a deflationary spiral in coal prices [16][25]

Group 1 - The coal sector experienced a significant rebound on July 29, with coal ETFs turning from decline to an increase of nearly 1%, and major coal companies like Lu'an Huanneng seeing a surge of nearly 6% [1][3] - The primary driver for this rebound is the rise in Asian coal prices, which have reached a five-month high due to increased electricity demand from air conditioning amid high temperatures and reduced inventory levels [1][3] - Newcastle thermal coal futures in Australia rose to $115.50 per ton, marking the highest level since February of this year, despite still being approximately 75% lower than the peak prices seen after the outbreak of the Russia-Ukraine conflict in 2022 [3] Group 2 - Domestic coal prices are showing signs of increase, with Qinhuangdao port thermal coal prices rising to 645 yuan per ton, an increase of 11 yuan per ton week-on-week as of July 26 [5] - The price of thermal coal from Shanxi reached 580 yuan per ton, up 5 yuan per ton week-on-week, while Inner Mongolia's coal prices also saw increases [5] - According to China International Capital Corporation (CICC), a rebound in thermal coal prices is expected in the second half of the year, particularly as the heating season begins in October, suggesting that the low point for thermal coal prices may have occurred in June [6] Group 3 - The outlook for coking coal prices is also positive, with expectations of a rebound; however, the sustainability of this rebound will depend on whether production cuts are realized [6] - Open-source securities indicate that the coal sector fundamentals remain favorable, with the current low holdings in coal stocks suggesting it may be an opportune time for investment [6]