Group 1 - The company plans to sell approximately 9,000 tons of coal and 4,000 tons of coal powder to Shenyang Huiyong Supply Heat Co., Ltd., and 3,500 tons of coal powder to Shenyang Shengda Heating Co., Ltd., as well as 4,000 tons of coal powder to Shenyang Shendong Thermal Power Co., Ltd. during the 2025-2026 heating season [1][2] - The total estimated transaction amount for 13,000 tons of coal and 7,500 tons of coal powder is approximately 190 million yuan, which accounts for 103.53% of the company's latest audited net assets for the 2024 fiscal year [2][3] - The company aims to enhance operational efficiency and resource management through centralized coal procurement, ensuring stable heating supply for winter and reducing costs for itself and its affiliated companies [2][3] Group 2 - The company's main business is providing heating and engineering services, with heating revenue accounting for about 90% of its main business income, and it holds a dominant market position in the Shenyang heating market [3] - The company expects a net loss of 120 million to 160 million yuan for the first half of 2025, an improvement from a loss of 294 million yuan in the same period last year, while fuel costs have decreased by approximately 17% compared to the previous year [3] - The company plans to lease its gas station asset in Shenyang for an annual rent of 4.2 million yuan, with a total rental income of 21 million yuan over five years, which is expected to positively impact its financial situation [4]

Core Viewpoint - The company plans to sell approximately 13,000 tons of coal and 7,500 tons of coal powder to various heating companies during the 2025-2026 heating period, ensuring stable heating supply and leveraging its subsidiary's procurement advantages [1] Group 1: Sales Agreements - The company’s wholly-owned subsidiary, Shenyang Jiahui Material Trading Co., Ltd. (referred to as "Jiahui Material"), will sell about 90,000 tons of coal to Shenyang Huiyong Heating Co., Ltd. (referred to as "Huiyong Company") [1] - The company will also sell approximately 40,000 tons of coal and 35,000 tons of coal powder to Shenyang Shengda Heating Co., Ltd. (referred to as "Shengda Company") [1] - Additionally, 40,000 tons of coal powder will be sold to Shenyang Shendong Thermal Power Co., Ltd. (referred to as "Shendong Company") [1] Group 2: Financial Implications - The total transaction amount for the 130,000 tons of coal and 75,000 tons of coal powder is estimated to be around 190 million yuan, based on current market prices and estimated costs for transportation, storage, and processing [1]

Core Viewpoint - The company plans to sell approximately 9,000 tons of coal to Shenyang Huiyong Heating Co., Ltd., 4,000 tons of coal and 3,500 tons of coal powder to Shenyang Shengda Heating Co., Ltd., and 4,000 tons of coal powder to Shenyang Shendong Thermal Power Co., Ltd. during the 2025-2026 heating period, ensuring stable heating supply for associated units [1] Summary by Category - **Sales Agreement**: The company will sell a total of 13,000 tons of coal and 7,500 tons of coal powder, with a total transaction value estimated at approximately 190 million yuan, based on current market prices and additional costs [1] - **Subsidiary Involvement**: The sales will be conducted through the company's wholly-owned subsidiary, Shenyang Jiahui Material Trading Co., Ltd. (referred to as "Jiahui Material") [1] - **Operational Flexibility**: The coal and coal powder sales can be adjusted among the associated purchasing parties based on actual production and operational conditions [1]