The coal sector fell across the board, and Huayang's stock was rectified again.

Data combing and watch: Xing Qixin

Huaxia Times (chinatimes.net.cn) reporter Xing Qixin Lu Xiaoxiao Beijing report

This week (August 1-August 5), the Oriental Fortune Coal Plates went down all the way, and the K-line in many weekly bottoms continuously bottomed out. Of the 10 coal companies that were monitored by the "Huaxia Times" reporters, all 10 coal companies fell all of them. The Pu'an Ringneng was able to fall by 6.17 % during the week, which was the highest decline in TOP10.

This week, the total transaction volume of the Oriental Fortune Coal Industry sector was 56.4 billion yuan, and the turnover fell slightly compared with the last week. The overall decline of the sector was 4.09 %.

Huayang Co., Ltd. is rectified again

In the face of the company, Huayang Co., Ltd. again issued an announcement of discontinued production due to production accidents this week.

According to the relevant announcement, Huayang shall receive the "Administrative Penalty Decision" (Jinmo Safety Supervision Decision [2022] No. 10801) on August 4, 2022, and requested that the subordinate controlling subsidiary Yang Coal Group Shouyang Kaiyuan Mining Co., Ltd. (hereinafter referred to as "Kaiyuan Mine") was discontinued and rectified. An accident occurred on June 10, 2022, which killed 1 person, and was divided into general accidents according to the level of safety accidents. Kaiyuan Mine has been discontinued at 24:00 on August 4, and rectification measures are being implemented in accordance with relevant requirements, and production will be resumed after fulfilling the procedure acceptance.

According to Huayang, the production capacity of Kaiyuan Mine nuclear is 3 million tons/year, accounting for 7.77%of the company's coal mine's production capacity. In 2021, operating income was 1.84 billion yuan, accounting for 4.84%of the company's audited operating income in 2021. The impact of production suspension on the company's performance is temporarily unpredictable. The company will actively do a good job in the rectification of coal mines and strive for early acceptance.

On July 27th, Huayang announced that its subordinate branches were suspended and rectified. It was an accident on July 25, 2022 due to an accident on July 25, 2022, which caused 1 person to die. According to the statistics of the "Huaxia Times", two discontinued coal mines accounted for more than 20%of Huayang's operating income in 2021.

China Shenhua issued an announcement on Monday that it received a written speech submitted by the chairman Wang Xiangxi on July 29. Due to the change of work, Wang Xiangxi resigned to the chairman and executive director of the China Shenhua Board of Directors. The chairman and members of the Board of Strategy and Investment Council were terminated at the same time. Wang Xiangxi's resignation did not cause the company's board of directors to be lower than the legal minimum number, and the above resignation took effect on the same day.

In addition, according to the data of Tianyan Check, Guineng (Yingde) New Energy Development Co., Ltd. has recently established with a registered capital of 50 million yuan. The business scope includes the research and development of emerging energy technology, thermal production and supply, cooling service and power generation technology services, etc. Essence Behind it is China Shenhua through indirect wholly -owned holding.

In terms of the trend of individual stocks, Huaibei Mining and Meijin Energy are similar. After the downside in the week, they rebounded on Friday. The remaining TOP10 trend is similar, and it goes down in the week.

According to the Oriental Fortune Currency Plates, the capital flow after the week (5th), the coal sector was 2.274 billion yuan and 466 million yuan within 5 days of the coal sector. The net inflow of large orders, large orders and main forces is -1035 billion yuan, -1.706 billion yuan and -2741 billion yuan, respectively.

The General Administration of Market Supervision investigated and dealt with the price of coal raising coal

In terms of industry, the General Administration of Market Supervision has recently investigated and dealt with coal prices.

On the afternoon of August 5th, the official WeChat account "Municipal Speak" of the State Administration of Market Supervision and Administration released news that the State Administration of Market Supervision has recently organized three investigation teams to go to Shanxi, Inner Mongolia, and Shaanxi to further strengthen the price of electric coal prices to further strengthen the price of electric coal prices Supervision, clarify the legal red line, and standardize the order of electric coal.

The State Administration of Market Supervision and Administration stated that the investigation highlights the three key points. The first is to highlight the key issues and carry out key investigations for the clues of suspected prices and prices of prices and prices. The second is to highlight the key links and firmly twist the key "pit price" of coal production enterprises. The third is to highlight key areas and focus on investigating coal companies in the main producing areas of electric coal. Through the investigation, 18 coal companies were initially identified as suspected of coaling coal prices, and 3 trading centers were suspected of not performing government pricing.

Recently, the high international coal prices have affected the domestic coal market? Industry analysts said to the reporter of "Huaxia Times": "Although the current international coal prices are high, they have little impact on the domestic market. On the one hand, domestic coal mines are constantly expanding production, and the output is increasing every month. It can already meet the requirements of previously guaranteed, and some domestic coal companies are still increasing exports. On the one hand, the demand for domestic downstream industries is decreasing. It is no longer necessary to introduce a large number of foreign coal to fill the market. "

In terms of research reports, on August 1st, Zuo Qianming and analyst Li Chunchi, the chief analyst of Cinda Securities Energy Industry, pointed out in the research report "Investment Value from Yanku Australia in Yoshikaries in Yanku Australia". In the research report "The Influence on Russia and Ukraine on the Natural Gas Industry" released on June 28, the natural gas crisis faced in Europe, and the replacement of coal power on the restart of the reworching of coal power in response to the crisis, the replacement and obvious dominance of the natural gas shortage and obvious dominance of the coal. Economics will catalyze the global coal demand to further increase. Combined with the research judgment of the energy team of the Energy team and a series of previous studies, we believe that the international coal prices will continue to rise in the next few years. The average sales price is expected to continue to increase on the basis of the first half of this year. "Cinda Securities analysts believe that" Yoshiko Energy Sites in Australia's top coal assets will fully benefit from the global energy inflation situation in this round. Profit contributions will usher in the stage of rapid growth and continue to recommend Yankuang Energy. According to our profit forecast, as of July 29, the PE valuation of Yancoa Australia 2022-2024 is only 1.58X, 1.20X, 1.14, respectively. X, EV/EBITDA is only 1.24X, 0.97X, 0.93X. Compared with the main coal companies listed on the Hong Kong Stock Exchange and the major overseas coal companies, Yanku Australia's valuation is significantly low. We continue to optimistic about the only overseas high -quality coal. Assets, and have the ability to continue growth and high -growth space energy chemical leader, to maintain the 'buy' rating. "

Editor -in -chief: Editor of Lu Xiaoxiao: Zhang Yuning

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