Yankuang Energy Group Company Limited

Hello, my friends. I am the executive director of the Mingyue Co., Ltd. As Mr. Zhao said, due to the epidemic, it is a pity that we can't communicate with you face to face. I would like to thank everyone for supporting the Mingyue Co., Ltd.'s mid-term development meeting in 2020. Before the meeting starts, please allow me to express my thanks to the expatriates from Jiang Anhui, Xinlazheng, and Mr. Zhao's team. I would like to express my sincere gratitude to all those who participated in this meeting. As the moderator just introduced, today's meeting will be attended by our Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, Chairman Liu, and Zhuhong Co., Ltd. are all present here. If you have any questions, please contact them. Next, let's have Director Liu of Yanzhou Midea introduce the current situation. Hello, ladies and gentlemen. I am Director Liu of Yanzhou Midea. Due to the COVID-19 pandemic and work,

I am very sorry to not be able to meet with all of you, investors, engineers, and other friends. I can only introduce to you in the way of the development meeting, this foundation's business plan for the first half of 2020. First, I would like to express my sincere gratitude to all the investors who participated in this meeting. At the same time, I would also like to thank everyone for their long-term concern and interest I would like to introduce the current situation of this group in three parts. The first part is the recovery of the military operations. Since the beginning of the pandemic, the Chinese government has decisively adopted a series of effective measures to deal with the epidemic. The Chinese economy has gradually recovered in the second quarter. and Jimei, Huishengzhi, Jishe, Qijian. Due to the severe epidemic prevention and control situation, as long as the price of products drops sharply, it will be difficult to reduce the price, so we will take the initiative to increase the price every night, to help those in need, to help those in need, to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and to help those in need, and others. In the first half of 2020, the company's public relations economy was in dire straits, and the coal-fired market was in dire straits. The company insisted on prioritizing the improvement of the central and central resources, and the management of the economy and the cost of labor as the focus, and implemented a series of reform and innovation measures. The quantity of raw materials and other new measures led to a stable development of the company. In the second half of the year, the company The sales of the products is 6762,000 tons. The total growth is 1233.3 million tons. The increase is 22.3%. The sales of 1,000 projects in the sales group is 93.4 million tons. The total growth is 100,000 tons. The increase is 12%. The sales of 2,000 projects in the sales group is 47,000 tons. The sales of 1,000 projects in the sales group is 7.9 million tons. 20 projects have not been approved yet, and the sales have not entered the market yet. According to China's accounting rules, the annual revenue of the company is 1096.1 billion yuan, and the gross profit growth is 36.4 billion yuan, and the net profit is 3.4%. As the price of the product decreases, the revenue of the company increases by 46 billion yuan, Red coin reduced by 7.6 billion yuan, reduced by 14.2%. According to the international credit calculation, the current sales volume is 353.2 billion yuan, the red coin growth is 20.9 billion yuan, and the growth is 6.3%. The current company shareholder should account for 45.5 billion yuan, the red coin reduced by 12.6 billion yuan, reduced by 21.7%. The second one is that the financial situation remains the same. This year, the Group has taken advantage of the good timing of the price of the agri-agriculture. It is reasonable to arrange the agri-agriculture scale and effectively implement high-end agri-agriculture. Compared to the previous year's statistics, the average agri-agriculture cost of this Group is 4.98%, down to 4.57%. The interest cost is 15.62 billion yuan, down to 14.05 billion yuan. In the same year, the company's net profit decreased by 1.57 billion yuan, and the Chinese stock market remained stable. According to the China Monetary Fund's calculation, the current net profit of the financial activity was 15.57 billion yuan. In the same year, the net profit of the financial activity was 119.21 billion yuan. This is mainly due to the fact that the company withdrew its own money and made a loan. After the collapse of the company, The cash flow of the business activity is 55.80 billion yuan, which is 36.4% less than the previous one, which is 137.44 billion yuan. The cash flow of Ximo currency is 244.74 billion yuan, which is 61.9% less than the previous one. According to the international standard calculation, the cash flow of business activity The total revenue of the company is 158.85 billion yuan, 24.94 billion yuan, 29.8% of the total revenue, which is 131.37 billion yuan. The total revenue of the company is 175.73 billion yuan, which is 61.7% of the total revenue. This Group takes economic control as a risk to the market, and promotes the critical assessment of energy capability, and conducts rapid development of energy target activities. The management of six kinds of production equipment is to store and supply, to promote the online mass production of materials, and to develop a recycling method, and to develop a strong mining and mining space in the front line. According to the China Economic Commission's calculation, in the second half of this year, The total sales value of Chunlei is 861.1 billion yuan, which is 7.99 yuan in total, which is 3.2 yuan in total. The total cost is 1.12 billion yuan, which is 7 billion yuan in total. The company has achieved the target of annual success. According to the international calculation, the total sales value of Chunlei is 267.38 yuan, 3.92 yuan, 1.5 yuan in total. The market is under great pressure. The company is based on the market and customer center. Through the support of Zeng Qingmei, Tuo Market, Zhua Jingzhi, etc., the maximum limit is achieved. Zeng Qingmei. All of these companies will continue to increase the production ratio of gold and silver in the market. In the next half year, the total amount of gold and silver in the province will be 922.4 million tons, which is 53% of the total amount of gold and silver in the market. In order to consolidate the traditional market, we need to greatly expand the gold and silver industry, the beauty of the chemical industry, and the gold and silver market. Tangxie plus Zegong Strategy, high Zegong and good customer ratio, sports market fluctuates significantly. In this context, Tangxie's sales volume is 1,121 million tons, accounting for 64% of the total sales volume. Zegong's sales volume is 1261 million tons, accounting for 72% of the total sales volume. In this context, Zegong's sales volume is 17% higher than Zegong, according to this measure. have effectively compensated for the negative impact of the price of coal in the market and sales at the same time. Thirdly, we have developed a new advantage of diversification of our companies, flexible adjustment of the product structure, and deep-rooted implementation of product standardization services. In the first half of the year, the standard product sales were 8.9 million units. In the second half of the year, we have adjusted the optimization of the supply and demand. In the second half of the year, our Group has purchased the 10 shares of Meramei Co., Ltd., Only 95% of the total energy has been accumulated. The total energy supply has increased by 1.15 billion tons. The total energy output has increased by 27.4 million tons. According to the current situation, there will be an increase of 1.8 million tons of coal energy per year. This is because the company has confirmed a one-time income of 38.55 billion yuan. In addition, in the second half of this year, the company has separated from two trading companies. This company's operating resources are more focused on coal industry. Operating materials and core competitiveness have been further improved. The second part is mainly product market analysis. Next, I will introduce the analysis and judgment of this company's next half of the year in coal and coal mining in 2020. Since the beginning of the year, the public sector has been very sensitive. In addition to the increase in coal supply and demand, the increase in import and decarbonization, and the gradual recovery of the economy, the price of coal can be classified into four categories. The gradual recovery of the demand for coal, the impact of security control and import, monitoring, and demand, the next half of the year, the price of coal is expected to rise steadily. In the second half of the year, the coal-fired industry has been in a position of supply and demand, and the small and medium-sized enterprises are facing high inventory and demand pressure. In particular, the price of raw materials has fallen sharply, leading to the price of small and medium-sized enterprises falling to the bottom of the water for many years. The impact of the global supply and demand crisis, international price of raw materials, the decline of the price of raw materials, and the decline of many small and medium-sized enterprises in the north and south, The price of the next half year is expected to remain stable. The next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, the next half of the year, are the leading companies in the industry. They are the leading companies in the industry. are the leading companies in the industry. They are the leading companies in the industry. High-quality, high-quality, safe, green, smart, high-efficiency, self-sustaining mining system. Superb performance, effective support function. The north-side mining system optimizes the production flow, the market does not stop, and the equipment is upgraded. The long-termization operation of the micro-systems and smart supply chains. The maximum limit requires safe, high-efficiency. The M mining system accelerates the operation of the cell phone. The maximum limit releases the energy of the energy. The energy efficiency is realized. The high-efficiency mining system. are the leading companies in the industry. They are the leading companies in the industry. They are the leading companies are the leading companies in the industry. They are the leading companies in the industry. They are the leading and others. The cost of the energy supply needs to be increased. The cost of the energy supply needs to be increased. We are committed to improving the product structure and the market space of Guajie. We are committed to improving the product structure and the market space of Guajie. This product is customized to produce according to the stock point, type, quantity, and time mode. Satisfy the demand of different customers, grasp the demand of the market, and identify the product type, and drive the product sales to the region where the market price is high and the logistics cost level is economically traded. This product is cleaning and remodeling, exploring coal, cleaning, high-efficiency use, new path, speeding up industrial chain, and expanding innovation. Da Li promotes extreme fuel economy to high-end fuel economy 5. Accelerate the construction of projects and develop new technologies Accelerate the construction and operation of projects and operations to promote the upgrade and transformation of each power plant to build the four-wheeled power plant. Accelerate the construction and operation of two power plants along the silver plate line to form a new education and development point. Accelerate the construction of smart mining, strengthen industrial Internet, In the second half of the year, the construction site was completely built into an industrial network. The main construction site was completely covered with no lines under the roof. The second half of the year, the construction site was completely built into an industrial network. The second half of the year, the construction site was completely built into an industrial network. The second half of the year, the construction site was completely built into an industrial network. The second half of the year, the construction site was completely built into an industrial network. and others. In the past few years, the company has been working hard to complete the year-round target of the construction period, and the company has been actively responding to the complexity and uncertainty of the public economic situation, and has been fully prepared to respond to public challenges, and has been actively responding to the complexity and uncertainty of the public economy, We are determined to take the initiative to innovate, to return the shares to the society with a good economic performance and a good value creation, and to serve the business community.