兖矿能源2025中期报告

20251111 2025 2025 101.80 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .94. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .103. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .118 Yankuang Energy Group Company Limited*YANKUANG ENERGY * 94986 537539 237786 537538 3311xyshang@ykenergy.com 949949273500www.ykenergy.comwww.yanzhoucoal.com.cnIR@ykenergy.com www.cs.com.cnwww.cnstock.comwww.stcn.comwww.zqrb.cnAwww.sse.com.cnHwww.hkexnews.hk949 A1968A-1A-5H7288 20256 3010,039,860,40210,037,480,544 1. 2. 2025 2024464JORC63.5236.5261710.4 8.24000 1. (1) 7,3604526.5% (2) 6,4813064.5% 344.75128.7727.2% (3) 213.6265.3223.4% 2. 3. 1 15.4122.96 81.2945.14 2 3 2 (1). 2025630745.0319.8% (2). 3 2025630626.57 4 (1) 2025630589.251,167.91198.2% (2) (3) 1(1).(2).(3). 10% 20257.476.6747.2% 20257.5312.6862.7% 1. 20252025 20252025 25 2. 202545536.43 3. 20254,0001.83,800-4,0004,400-4,6002,5004,000-4,4003,000 900 3812CFH 32.4+ 30 3%-5% +++ 10%65%2.2 410% 25136452 3,5008,0001,6502026202820264,3001,5002,200 20268068050 868202524 0.1818 0.5-1A1.5-4H+ 4. (1) (2) (3) 2.04 5. ESG 2025 1000202577003.220303 8068050 CFH 4000127+1.1 + +702518 73601.810.79.5 3288.7% 2.6%0.372.725 12CFH ESG ESG1750% (MSCI)(Wind)ESGCDP5ESG50 2025200800 2023-202520250.18868202524 135+A+H 20252 2420255302024 202522420255302024 20254 2520255302024 202542520255302024 20254 8 202548 20254 25<>20255302024 202542520255302024 100101.80100 1020251.80 202591520259 22H2025922H20259 12430H183171712-1716 1112.80 20221 272022AH2021A 20242 231,2012,916.34227.41202438 20252 241,1713,673.87013.2120253 7 2025630 00A0% 1. 2. 5% 3. 20221 272022AH1,2456,1740.62%2022127A 4. 1% 5. 20221272022127 6. 243648 7. 8. 11.7211.72 9. 50% 1 2060120 10. 20221272021A 1 11. 202212720222022AH60 12. 20222 2420222252021A 20238 250.511.723.61336,1749,261262672023825 20242 23162422140.1182024223 20252 2420240.33.61331.40335,937.547,718.802275941237.9862025224 202411 1510A500300 2025224 20253 2816 202542520255302024 20254 25 2025530 20255 151 2025829 20258 29 2025829 2024 e800 http://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370000706096972Thttp://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370000706220283Thttp://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370000706096999Jhttp://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370000706096980Mhttp://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370000706092808Khttp://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=913700007267048323http://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=913700001660825360 http://111.56.142.62:40010/support-yfpl-web/web/viewRunner.html?viewId=http://111.56.142.62:40010/support-yfpl-web/web/sps/views/yfpl/views/yfplYearReport/index.js&keyword=%E5%86%85%E8%92%99%E5%8F%A4%E6%98%8A%E7%9B%9B%E7%85%A4%E4%B8%9A%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8 http://111.56.142.62:40010/support-yfpl-web/web/viewRunner.html?viewId=http://111.56.142.62:40010/support-yfpl-web/web/sps/views/yfpl/views/yfplYearReport/index.js&keyword=%E9%84%82%E5%B0%94%E5%A4%9A%E6%96%AF%E5%B8%82%E8%90%A5%E7%9B%98%E5%A3%95%E7%85%A4%E7%82%AD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8 http://111.56.142.62:40010/support-yfpl-web/web/viewRunner.html?viewId=http://111.56.142.62:40010/support-yfpl-web/web/sps/views/yfpl/views/yfplYearReport/index.js&keyword=%E5%86%85%E8%92%99%E5%8F%A4%E8%8D%A3%E4%BF%A1%E5%8C%96%E5%B7%A5%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8 http://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=913700006667367359http://221.214.62.226:8090/EnvironmentDisclosure/enterpriseRoster/openEnterpriseDetails?comDetailFrom=0&id=91370