Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd said increased safety inspections by supervisory authorities have not significantly affected its coal production, as the company continues to organize output in strict compliance with safety regulations.

The company noted that while the frequency of inspections by higher-level departments has increased, these checks do not disrupt normal mine operations. It added that it will continue to follow precise extraction requirements and scientifically arrange mining sequences to maximize output, though raw coal production remains constrained by underground mining conditions.

Its commercial coal sales comprise thermal coal and washed coal, with washed coal including primary coking coal, 1/3 coking coal, fat coal and anthracite. Thermal coal accounts for approximately 50-52% of commercial coal sales, while washed coal makes up about 36-39%, of which primary coking coal represents 7-8%, 1/3 coking coal 10-11%, fat coal 8-9% and anthracite 10-11%, with the exact proportions depending on actual sales.

Regarding its power business, the company holds 50% stakes in Anhui Qianyingzi Power Generation Co., Ltd. and Anhui Qianyingzi No.2 Power Generation Co., Ltd. It said profitability from power operations in 2026 carries uncertainty given changes in energy structure and electricity market conditions.

On dividends, the company said it has consistently prioritized investor returns and will continue to determine reasonable dividend policies based on operational needs and capital requirements.

Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd was established on December 29, 2000, with Anhui Wanbei Coal & Electricity Group as the main sponsor. The company primarily engages in coal mining, washing, processing and sales, employing over 14,000 workers. It listed on the Shanghai Stock Exchange in August 2004 after issuing 44 million A-shares, becoming Anhui's listed coal enterprise. The stock trades under the ticker 600971.

Located in East China within the Huainan-Huaibei coal base, one of China's 13 billion-tonne coal production bases, the company operates five pairs of mines and five supporting coal preparation plants. Its coal products mainly include mixed coal, washed slack and washed metallurgical coal, with approved annual production capacity of 10.95 million tonnes.