Anyuan Coal Industry Group Co.Ltd(600397) 2021 turning losses into profits will be transformed into energy service enterprises

Anyuan Coal Industry Group Co.Ltd(600397) 4 disclosed the annual report of 2021 on April 22. The company completed the output of commercial coal of 1.416 million tons, with a year-on-year decrease of 130000 tons; The operating revenue was 9.384 billion yuan, a year-on-year increase of 1.781 billion yuan; The net profit attributable to the parent company was 55 million yuan, with a year-on-year loss reduction and profit increase of 278 million yuan.

During the reporting period, the net profit attributable to shareholders of listed companies increased year-on-year, mainly due to: first, the strong demand of coal market, the rise of coal price and the year-on-year increase of gross profit of commercial coal; Second, accelerate the pace of transformation and upgrading, and increase the gross profit of logistics trade and terminal transshipment; Third, Baiyuan coal mine closed down its production capacity and withdrew from a year-on-year deficit reduction; Fourth, the company has continuously improved its innovation ability, increased investment in scientific research, and increased R & D expenses year-on-year.

In 2021, Anyuan Coal Industry Group Co.Ltd(600397) vigorously developed coal logistics trade, optimized the coal trade structure, gave full play to the advantages of road, port and shipping integration, and actively expanded coal sources and customers. Throughout the year, the trade volume of coal and coke was 4.806 million tons, and the wharf transfer volume was 6.402 million tons, a record high. Efforts have been made to promote overseas coal mine M & A and custody services, creating conditions for further optimizing industrial layout and transformation and development. The exit capacity of Baiyuan coal mine and the capacity reduction indicators of Qujiang company and Shangzhuang coal mine were successfully transferred, and the annual trading income of capacity indicators was 25.19 million yuan.

Anyuan Coal Industry Group Co.Ltd(600397) said that it would gradually transform from a single coal energy enterprise to an energy service enterprise through five major changes based on diversified business, asset driven as the core and through the development platform of coal mining, beneficiation and logistics trade industry.

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