Anyuan Coal Industry Group Co.Ltd(600397) 4 announced on April 5 that in order to earnestly implement the spirit of national and provincial teleconference on work safety and resolutely prevent and curb production safety accidents, the company decided to suspend production and rectify the production mines of Qujiang company, Shanxi coal mine and liushe coal mine in Fengcheng area from the middle shift of April 2.
The announcement shows that the annual approved production capacity of the above three pairs of mines is 1.23 million tons, the production of commercial coal is 88000 tons in 2020, and the operating revenue is 685 million yuan, accounting for 9.0% of the company’s total annual operating revenue; In the first three quarters of 2021, it produced 506000 tons of commercial coal and realized an operating revenue of 463 million yuan, accounting for 5.6% of the company’s total operating revenue in the first three quarters (Unaudited).
Anyuan Coal Industry Group Co.Ltd(600397) said that since it is impossible to determine the specific time for the resumption of production of the above-mentioned coal mines, the impact of the shutdown on the company’s annual production and performance cannot be accurately calculated, and the specific accounting treatment must still be subject to the results confirmed by the annual audit of the audit institution.
