1月26日，郑州煤电跌5.25%，截至发稿，报4.33元/股，成交1.38亿元，换手率2.59%，总市值52.76亿 元。 资料显示，郑州煤电股份有限公司位于河南省郑州市中原西路66号，成立日期1997年11月13日，上市日 期1998年1月7日，公司主营业务涉及煤炭生产及销售,发电及输变电。主营业务收入构成为：煤炭 88.38%，物资流通5.00%，其他3.23%，铁路运输2.06%，建筑工程1.34%。 从郑州煤电十大流通股东角度 国泰中证煤炭ETF（515220）基金经理为吴中昊。 截至发稿，吴中昊累计任职时间4年0天，现任基金资产总规模240.55亿元，任职期间最佳基金回报 112.67%， 任职期间最差基金回报-16.04%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，任何在本文出现的信息（包括但 不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本文内 容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联系 biz@staff ...

1月22日，大有能源涨7.13%，截至发稿，报7.21元/股，成交3.17亿元，换手率1.95%，总市值172.38亿 元。 责任编辑：小浪快报 国泰中证煤炭ETF（515220）成立日期2020年1月20日，最新规模114.13亿。今年以来收益3.67%，同类 排名3620/5542；近一年收益6.16%，同类排名4063/4256；成立以来收益149.02%。 国泰中证煤炭ETF（515220）基金经理为吴中昊。 截至发稿，吴中昊累计任职时间3年361天，现任基金资产总规模253.36亿元，任职期间最佳基金回报 106.7%， 任职期间最差基金回报-17.59%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，河南大有能源股份有限公司位于河南省义马市千秋路6号，成立日期1998年1月15日，上市日 期2003年10月9日，公司主营业务涉及原煤开采、煤炭批发经营、煤炭洗选加工。主营业务收入构成 为：煤炭90.75%，其他收入3.21%，资产出租1.92%，材 ...

Core Viewpoint - The coal sector has emerged as a strong performer in the market, with a significant increase in stock prices, particularly in the context of a fluctuating overall market and concerns about potential stock market corrections in the coming months [2][10]. Market Performance - The Shanghai Composite Index has experienced fluctuations, with a notable decline below the 20-day moving average, indicating a conservative profit-taking sentiment among investors as the year-end approaches [2]. - In the past month, the coal sector has outperformed other industries, achieving an 18.4% increase, while sectors like steel, construction, and banking have also shown positive performance but lag behind coal [2][3]. Demand and Supply Dynamics - The winter season typically sees increased demand for coal due to heating needs, and this year is no exception, with strong demand driven by industrial electricity recovery and optimistic expectations for winter stockpiling [3]. - The price of 5500K thermal coal at Qinhuangdao Port has risen to 788 RMB/ton, surpassing previous highs, reflecting strong market sentiment [3]. Dividend and Investment Appeal - The coal sector offers attractive dividend yields, with the average industry yield exceeding 5% for 2024, making it an appealing option for investors seeking income [6][7]. - Recent trends indicate a shift in investor preference towards sectors with visible cash flows and strong dividend coverage, with coal stocks being a prime candidate [7]. Index and Investment Products - The China Securities Coal Industry Index, which includes 50 companies involved in various aspects of the coal industry, has a high concentration of coal-related stocks, making it a key benchmark for investors [9]. - The Guotai China Securities Coal ETF has seen significant inflows, with a growth of over 300% in assets this year, indicating strong investor interest in the coal sector [9]. Future Outlook - Analysts suggest that the coal industry is at the beginning of a new upward cycle, supported by favorable fundamentals and policies, with a tight supply-demand balance expected to persist over the next 3-5 years [10].