Securities code: Pingdingshan Tianan Coal Mining Co.Ltd(601666) stock abbreviation: Pingdingshan Tianan Coal Mining Co.Ltd(601666) No.: 2022023
Pingdingshan Tianan Coal Mining Co.Ltd(601666)
Announcement on the implementation of daily connected transactions in 2021 and the expected amount in 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
● there is no obviously foreseeable transaction risk in this transaction
● the completion of the transaction will not adversely affect the interests of the company
● in 2021, the actual amount of daily related party transactions between the company and the controlling shareholder China Pingmei Shenma energy and Chemical Group Co., Ltd. (hereinafter referred to as “China Pingmei Shenma Group”) and its subsidiaries was 1607075200 yuan, an increase of 23.85% compared with the expected settlement of 12975 million yuan in 2021.
● in 2022, the amount of daily related party transactions between the company and the controlling shareholder China Pingmei Shenma Group and its subsidiaries is expected to be 21982 million yuan, an increase of 36.79% compared with the actual amount of 160700752 million yuan in 2021.
● the affiliated directors of the company have avoided voting, and the non affiliated directors attending the meeting unanimously agreed to the above affiliated transactions. Five independent directors expressed independent opinions on this connected transaction.
1、 Implementation of daily connected transactions in 2021
In 2021, the actual amount of daily related party transactions between the company and the controlling shareholder China Pingmei Shenma Group and its subsidiaries was 1607075200 yuan, an increase of 23.85% compared with the estimated settlement of 12975 million yuan in 2021, of which the daily related party income was 10582893000 yuan, accounting for 35.63% of the total operating income of the year; The amount of daily related procurement was 54871820 million yuan, accounting for 21.74% of the total operating cost of the year. Details are as follows:
Unit: 10000 yuan
202120212021
Sn transaction item
Actual increase or decrease of expected amount and actual amount
1 sales materials 20 Ping An Bank Co.Ltd(000001) 555815 – 22.21%
2 coal sales 780 China Baoan Group Co.Ltd(000009) 9317928 27.33%
3. Labor income 500.00 273.16 – 45.37%
4. Rental income 83 Shenzhen Seg Co.Ltd(000058) 5862 – 29.41%
5. Exploration income 100.00 58.49 – 41.51%
6. Deposit interest: 60 China Tianying Inc(000035) 9628 – 40.06%
7 electricity revenue 350 China International Marine Containers (Group) Co.Ltd(000039) 25449 12.16%
8. Water fee income 550.00 510.85 – 7.12%
9 purchased raw coal 35 China High-Speed Railway Technology Co.Ltd(000008) 360736 138.88%
10 purchased materials 35 China Vanke Co.Ltd(000002) 726950 – 22.09%
11. Fixed assets purchased 120 Ping An Bank Co.Ltd(000001) 1985369 – 0.12%
12 electricity purchase fee 650.00 961.74 47.96%
13 purchased projects and labor services 121 Ping An Bank Co.Ltd(000001) 5944297 31.77%
14 special railway line fee 49 Shenzhen Zhenye(Group)Co.Ltd(000006) 718735 37.12%
15 equipment rental fee 18 Ping An Bank Co.Ltd(000001) 843003 2.39%
16 property rental fee 13 Ping An Bank Co.Ltd(000001) 277213 – 1.75%
17 fixed assets repair cost 43 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 639379 7.89%
18 heating cost 440 Xueda (Xiamen) Education Technology Group Co.Ltd(000526) 064 19.56%
19 information system operation and maintenance cost 3 China Vanke Co.Ltd(000002) 67711 – 10.76%
20 blasting operation service fee 5 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 86189 – 2.76%
Total 12975 Konka Group Co.Ltd(000016) 0700752 23.85%
2、 Description of the large difference between the amount of some daily related party transactions and the expected amount in 2021
1. The company’s sales of materials to related parties decreased by 444185 million yuan compared with the estimated amount of related party transactions, mainly due to the reduction of Wuhan Pingjiao Trading Co., Ltd. in the sales of materials to related parties due to the epidemic. 2. The company’s coal sales to related parties increased by 2131792800 yuan compared with the expected related party transaction volume, mainly due to the rise of coal sales price in this year.
3. The company’s rental income from related parties decreased by 244138 million yuan compared with the estimated amount of related party transactions, mainly due to the reduction of financial leasing from Shanghai guohou to Chaochuan chemical.
4. The company’s deposit interest to related parties decreased by 240372 million yuan compared with the estimated amount of related party transactions, mainly due to the decrease of the company’s deposits in financial companies this year.
5. The company’s purchase of raw coal from related parties increased by 4860736 million yuan compared with the expected related party transaction volume, mainly due to the rise in coal price this year and the increase in the purchase of high-quality coal by the coal blending center.
6. The company’s purchase of materials from related parties decreased by 773055 million yuan compared with the estimated amount of related party transactions, mainly due to the decrease of purchased materials in the current period.
7. The company’s purchase of projects and labor services from related parties increased by 3844297 million yuan compared with the estimated amount of related party transactions, mainly due to the continued construction of the No. 4 mining area project of Minmetals, the reconstruction project of the coal washing plant of No. 1 Mine and the increase of environmental protection improvement projects.
8. The company’s railway dedicated line fee to related parties increased by 181873500 yuan compared with the estimated connected transaction volume, mainly due to the increase of the charging standard of coal mine railway dedicated line from July 1, 2021. 3、 The company expects daily related party transactions in 2022
(I) estimated amount of connected transactions
In 2022, the amount of daily related party transactions between the company and the controlling shareholder China Pingmei Shenma Group and its subsidiaries is expected to be 21982 million yuan, an increase of 36.79% compared with the actual amount of 160700752 million yuan in 2021. The details are as follows:
Unit: 10000 yuan
Sequence 20212022 2022
Transaction item
No. actual amount expected settlement amount expected increase or decrease
1 sales materials 15558151700000 9.27%
2 coal sales 99317928118000000 18.81%
3 labor income 273.166 China Vanke Co.Ltd(000002) 09651%
4. Rental income 585862650000 10.95%
5. Exploration income 58.49 100.00 70.97%
6. Deposit interest 359628380000 5.66%
7 electricity revenue 39254491400000 – 64.34%
8. Water revenue 510.85 500.00 – 2.12%
9 purchased raw coal 836073615000000 79.41%
10 purchased materials 272695011000000 303.38%
11. Purchased fixed assets 1198536914300000 19.31%
12. Electricity purchase fee 961.74100 Ping An Bank Co.Ltd(000001) 029782%
13 purchased projects and labor services 159442972 Shanghai Pudong Development Bank Co.Ltd(600000) 0 63.07%
14. Special railway line fee 67187357 Shanghai Pudong Development Bank Co.Ltd(600000) 13.12%
15 equipment rental fee 184 Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) 00000 -13.19%
16 property rental fee 12772131800000 40.93%
17 fixed assets repair cost 46393797000000 50.88%
18 heat cost 526064570000 8.35%
19 information system operation and maintenance fee 267711280000 4.59%
20 blasting operation service fee 486189500000 2.84%
21 trademark use right 900000 100.00%
22 intellectual property royalties 480000 100.00%
Total 160700752219820000 36.79%
(II) introduction of related parties and related relationships
1. Basic information
China Pingmei Shenma Group was established on December 3, 2008, with a registered capital of 1943209 million yuan; Registered address: yard 21, miner’s Middle Road, Pingdingshan City; Legal representative: Li Mao; Business scope: raw coal mining and washing; railway transportation; Material storage and transportation; construction Production and supply of electricity, heat and tap water; Power and communication engineering construction; Pipeline installation and maintenance; Environmental monitoring; Bidding agency; Leasing and commercial services; Professional technical management and consulting services; Elevator installation and maintenance; Information transmission service; Cable TV installation; Film screening; Theater business and services; Production and construction of environmental protection equipment; estate management; Repair of electromechanical equipment; Contracting overseas projects; Design, produce and publish advertisements; Design and installation of coal mine safety instruments; Import and export business (excluding goods and technologies whose import and export are restricted or prohibited by the state); Automobile sales; Timber harvesting; Planting and sales of seedlings and flowers; Accommodation and catering; travel agency; Residential services; Production and sales: cord fabric, industrial and civil silk, carpet silk, plastic and rubber products, chemical products (excluding flammable, explosive and dangerous chemicals), electromechanical products and accessories, miner’s lamp, light (New) building materials, metal and non-metallic pipes and accessories, explosion-proof electrical appliances, mine ventilation safety products, metal components, cement and fly ash; wholesale
