MJNY(SZ:000723)2022-12-06 08:36Group 1: Financial Performance - The main reason for the profit growth in the first three quarters is the significant increase in the prices of coking coal and coke [2] - In 2015, the subsidiary Shanxi Meijin Coal and Coking Co., Ltd. experienced losses due to the market environment, with coking prices and costs in a backwardation state [3] Group 2: Market Dynamics - The rise in coke prices is attributed to strong demand from downstream steel companies, low concentration among coking enterprises, and seasonal environmental regulations promoting clean coke [2] - The tightening supply of coke is a result of some coking enterprises ceasing production due to previous market downturns [2] Group 3: Future Development Strategy - The company plans to continue strengthening its coal and coking main business, further improve the industrial chain, and consider promoting transformation and development [3]