Securities code: Pingdingshan Tianan Coal Mining Co.Ltd(601666) stock abbreviation: Pingdingshan Tianan Coal Mining Co.Ltd(601666) No.: 2022039 Pingdingshan Tianan Coal Mining Co.Ltd(601666)
On the adjustment of restricted stocks by Shanghai Stock Exchange
Announcement on the reply to the inquiry letter on relevant matters of the incentive benchmarking company
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.
Pingdingshan Tianan Coal Mining Co.Ltd(601666) on March 28, 2022, the company received the inquiry letter on matters related to Pingdingshan Tianan Coal Mining Co.Ltd(601666) adjusting the company's restricted stock incentive benchmarking company (szgh [2022] No. 0204) from Shanghai Stock Exchange. According to the requirements of the inquiry letter, the company seriously discussed, verified and implemented the questions raised in the inquiry letter one by one. The specific replies are as follows.
Question 1 Analyze the basis and rationality of the selection of benchmarking companies one by one in combination with the main business type, product structure, asset scale, operation scale, geographical proximity, coal storage, historical performance and its changes, industry and main business development trend of the benchmarking companies selected in the early stage;
Reply: reply: reply: the company formulated the measures for the administration measures for the assessment of the implementation of incentive plans for restricted stock incentive plans in September 2020, in September 2020. Referring to the annual report of 2019 and other relevant data, and referring to the annual report of 2019 and other relevant data in 2019 and other relevant data, the company's response: reply: reply: reply: the company that is listed in the coal mining and washing category of listed companies listed in the industry classification of the CSRC's industry classification by the industry classification of the CSRC by referring to the "coal mining and washing listed companies listed companies listed in the coal mining and washing category" listed companies in the coal mining and washing category in the coal mining and the.
The price curve of thermal coal and coking coal from 2017 to 2021 is shown in the table below:
Table 1: Qinhuangdao thermal coal price index from January 1, 2017 to December 31, 2021. 3,000.00 2,500.00 2,000.00 1,500.00 1,000.00
five hundred
zero
Table 2: price index of main coking coal in Jingtang Port from January 1, 2017 to December 31, 2021. 4,500.00 4,000.00 3,500.00 3,000.00 2,500.00 2,000.00 1,500.00 1,000.00
five hundred
zero
It can be seen from the price curves in Table 1 and table 2 that since the supply side reform in 2016, the operation of China's coal market from 2017 to 2020 has been relatively stable, the coal price is relatively stable, the thermal coal fluctuates slightly around 600 yuan / ton, the coking coal fluctuates slightly in the range of 14501750 yuan / ton, and the operating performance of thermal coal production enterprises and coking coal production enterprises is relatively stable.
Table 3 (① ② ③ ④) shows the comprehensive ranking of Pingdingshan Tianan Coal Mining Co.Ltd(601666) and the annual net profit attributable to the parent company of the original benchmarking company from 2017 to 2020. Table III ⑤ shows the comprehensive ranking of Pingdingshan Tianan Coal Mining Co.Ltd(601666) and the average of the net profit attributable to the parent company in the four years from 2017 to 2020.
Table III ①
2017 Pingdingshan Tianan Coal Mining Co.Ltd(601666) and the original benchmarking company ranked according to the net profit attributable to the parent company
Coal mining and beneficiation in 25
Total operating income of class I listed companies (ranking of shareholders of the parent company, comprehensive ranking, securities abbreviation output (10000 tons) yuan) net profit (100 million yuan) ↓
1 6 China Coal Energy Company Limited(601898) 7554 8112323 241443
2 8 Shan Xi Hua Yang Group New Energy Co.Ltd(600348) 3545 2811407 163757
3 10 Pingdingshan Tianan Coal Mining Co.Ltd(601666) 3125.1 207415 137699
4 12 Jizhong Energy Resources Co.Ltd(000937) 275322 2038175 106434
5 14 Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) 720.06 756633 7.816
6 15 Beijing Haohua Energy Resource Co.Ltd(601101) 818 557564 6.5514
7 17 Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) 241789 916291 5.9917
8 23 China Coal Xinji Energy Co.Ltd(601918) 133351 746748 0.2213
Table III ②
In 2018, Pingdingshan Tianan Coal Mining Co.Ltd(601666) and the original benchmarking companies were ranked according to the net profit attributable to the parent company
Coal mining and beneficiation in 25
Total operating income of class I listed companies (ranking of shareholders of the parent company, comprehensive ranking, securities abbreviation output (10000 tons) yuan) net profit (100 million yuan) ↓
1 6 China Coal Energy Company Limited(601898) 7,713.00 1,041.40 343458
2 9 Shan Xi Hua Yang Group New Energy Co.Ltd(600348) 3,854.00 3268371 197127
3 12 Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) 755.44 85.291 108069
4 14 Jizhong Energy Resources Co.Ltd(000937) 2,829.63 2145841 8.7202
5 15 Beijing Haohua Energy Resource Co.Ltd(601101) 1,047.00 58.103 7.5139
6 16 Pingdingshan Tianan Coal Mining Co.Ltd(601666) 3,080.23 2015342 7.1516
7 18 Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) 3,105.48 1125857 6.5971
8 21 China Coal Xinji Energy Co.Ltd(601918) 1,520.01 875026 2.6133
Table III ③
Ranking of Pingdingshan Tianan Coal Mining Co.Ltd(601666) and original benchmarking companies in 2019 according to net profit attributable to parent company
Coal mining and beneficiation in 25
Ranking of total operating income attributable to shareholders of parent company in class I listed companies comprehensive ranking securities abbreviation output (10000 tons) (100 million yuan) net profit (100 million yuan) ↓
1 4 China Coal Energy Company Limited(601898) 10000 1,292.94 562644
2 10 Shan Xi Hua Yang Group New Energy Co.Ltd(600348) 4101 3265794 170082
3 11 Pingdingshan Tianan Coal Mining Co.Ltd(601666) 2832.4 2363539 115503
4 14 Jizhong Energy Resources Co.Ltd(000937) 285436 2174005 9.0137
5 15 Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) 337766 1135805 8.9746
6 16 Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) 861.89 79.469 6.6285
7 17 China Coal Xinji Energy Co.Ltd(601918) 1598.1 922358 5.7607
8 20 Beijing Haohua Energy Resource Co.Ltd(601101) 1279 553255 2.6217
Table III ④
In 2020, Pingdingshan Tianan Coal Mining Co.Ltd(601666) and the original benchmarking companies were ranked according to the net profit attributable to the parent company
Coal mining and beneficiation in 25
Ranking of total operating income attributable to shareholders of parent company in class I listed companies comprehensive ranking securities abbreviation output (10000 tons) (100 million yuan) net profit (100 million yuan) ↓
1 4 China Coal Energy Company Limited(601898) 11,000.00 1,409.61 590417
2 9 Shan Xi Hua Yang Group New Energy Co.Ltd(600348) 4,322.00 3118147 15.05
3 10 Pingdingshan Tianan Coal Mining Co.Ltd(601666) 3,082.00 2239748 138753
4 11 Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) 3,161.49 1090505 8.7571
5 13 China Coal Xinji Energy Co.Ltd(601918) 1,617.46 835497 8.471
6 14 Jizhong Energy Resources Co.Ltd(000937) 2,758.38 2064255 7.8551
7 18 Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) 905.58 662637 3.747
8 19 Beijing Haohua Energy Resource Co.Ltd(601101) 1,215.47 436245 0.479
1 China Coal Energy Company Limited(601898)
The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, coal mine equipment manufacturing and related services, pithead power generation and other businesses.
Based on the main coal industry, the company vigorously develops new coal chemical business, and maintains the leading position in the industry in major economic indicators. The Pingshuo mining area in Shanxi and Inner Mongolia Eerduosi Resources Co.Ltd(600295) hujite mining area in Inner Mongolia, which are mainly developed, mainly produce power coal, Wangjialing coal mine mainly produces low sulfur and ultra-low phosphorus coking coal, and Libi coal mine mainly produces anthracite. Focusing on coal power and coal chemical industry, the company continues to promote the optimization of industrial structure and strive to create new business forms of circular economy such as coal power chemical industry.
In 2019, the output of commercial coal was 100 million tons, with a year-on-year increase of 32%. The output of coking coal was 10.39 million tons, which was equivalent to that of Pingdingshan Tianan Coal Mining Co.Ltd(601666) . The sales volume of coal was 230 million tons, a year-on-year increase of 38.6%; The total output of coal chemical products was 4.39 million tons, a year-on-year increase of 8.8%. The annual operating revenue was 129.3 billion yuan, a year-on-year increase of 24.2%; The net profit attributable to shareholders of listed companies reached 5.63 billion yuan, a year-on-year increase of 67.8%. As of December 31, 2019, the company has total assets of 272483 million yuan and net assets of 97.173 billion yuan. The company has coal resource reserves of 23.341 billion tons and recoverable reserves of 13.795 billion tons.
2. Shan Xi Hua Yang Group New Energy Co.Ltd(600348) (Yangquan Coal Industry)
The company's main products are coal, electricity and heat. Coal products are mainly anthracite, including anthracite injection coal, anthracite powder washing coal, lean and lean injection coal, anthracite medium block washing, small block washing, anthracite powder coal, lean and lean powder coal and other varieties. Located in Yangquan City, Shanxi Province, the company adopts the coal sales strategy of centralized and unified sales, railway based and long-term association based.
In 2019, the company completed the production of 41.01 million tons of raw coal, with a year-on-year increase of 6.40%; 75.49 million tons of coal were sold, with a year-on-year increase of 5.90%; 10796295 million kwh of power generation and 3.9724 million kilojoules of heat supply were completed. The comprehensive selling price of coal was 405.62 yuan / ton, a year-on-year decrease of 7.18%. The operating revenue was 32.658 billion yuan, a year-on-year decrease of 0.08%, and the net profit attributable to shareholders of listed companies was 1.701 billion yuan, a year-on-year decrease of 13.72%. As of December 31, 2019, the company had total assets of 49.065 billion yuan and net assets of 22.539 billion yuan, equivalent to Pingdingshan Tianan Coal Mining Co.Ltd(601666) Pingdingshan Tianan Coal Mining Co.Ltd(601666) . The company has coal resource reserves of 3.048 billion tons and recoverable reserves of 1.562 billion tons.
3 Jizhong Energy Resources Co.Ltd(000937)
The company's business includes coal, chemical industry, electric power and building materials
