Yankuang Energy Group Company Limited

Ladies and gentlemen, good morning. First of all, I would like to welcome all of you who want to participate in this conference. This conference is the first annual performance demonstration held after the transition of the company's implementation strategy in 2014 and 2015. Thank you for your long-term trust, concern and support for Yan Kuang Energy. Next, I will divide into four parts. In 2021, the economic situation in the world has changed dramatically. The economic recovery is out of balance. The Chinese government has collectively promoted epidemic prevention and control and economic development. Economic operation quality is stable. The coal and high-end chemical products market The company's high-quality performance in 2021 has no obvious differences in China's accounting standards and international financial reporting standards. Next, I will briefly introduce the business situation of the Group from six aspects. First, the business performance is rising again. In 2021, the price of the main product of this Group is fluctuating, and the security and environmental pressure continues to increase. We need to take complicated and accurate measures to accelerate the use of safe, efficient and automated mining and coal cleaning efficiency, and promote high-end All of these companies have expanded their value chain to the higher end, and have continued to increase their joint development capabilities. The overall business performance has significantly improved, and the main business indicators, such as the scale of net profit and net asset yield, have been created. The sales volume of this year's product media is 1.06 billion tons, which is 28.4% lower than the previous year's product media. The total output of the first and second batch is 930,000 tons. The current operating income is 1,520 billion yuan, which is 29.3% lower than the previous one. The main reason is that the oil and gas trade business is also decreasing. The previous one is 163 billion yuan, which belongs to the mother company. and other companies. In the first quarter of 2022, the net profit was about 6.6 billion yuan, which is the same as are all listed in the top 4. The average sales price of Zishanmei increased by 70.9% in the same ratio, which effectively counteracts the decline in production sales and the negative impact on the company's business efficiency. In order to optimize the customer structure, through the scientific marketing model, to stabilize sales goals and business efficiency, The second is to optimize the product structure, carry out product sales analysis system, and catch up with the customized sales. In 2021, the sales in the province completed 13,590,000 tons, accounting for 54.2% of the net sales of assets. The third is to optimize the area structure, develop a marketing layout, and refine the area market. All of these companies will be able to provide the best quality, high demand, and good logistics to the local market. Fourth, optimize the oil and gas structure. Full-fledged state-of-the-art oil and gas, low cost, high efficiency, environmental price, and other coal export advantages. In terms of high-end chemical and new material marketing, our Group is facing a good situation with high production and sales, high price. Through the optimized marketing model, the price of coal-based chemical has been increased, promoting the company's performance growth. In 2021, the profit of the stock price increased by 49.2% and 87.2% respectively. The first is to increase the proportion of strategic customers, increase the development and maintenance of strategic customers, stabilize the sales scale, maintain low storage operation, and enhance the growth efficiency. In the context of the loss of security and environmental pressure, the Group has upgraded its management in a market-oriented way. The net profit is 53.6%, which is a 5.4% increase. The net profit is 54.8%, which is a 35% increase. Fourth, foreign assets are in decline. This Group benefits from the management of two markets of domestic and foreign resources. In China, the domestic market has increased, In the context of the control of coal prices, we fully enjoy the popularity of Asia-Pacific coal prices and strongly support the overall profit of the company. In 2021, Yanmei Australia achieved a product coal production of 36.7 million tons, sales revenue of 5.4 billion Australian dollars, net profit of 7.91 billion Australian dollars, and net profit of 19 billion Australian dollars. The average current operating cost is 67澳元. The asset debt rate fell from 53% at the end of 2020 to 48% at the end of 2021. 5. Innovative development needs to be accelerated. The Group insists on strategic leading development, following the trend of energy development, and integrating the demand for low-carbon transformation. have developed a five-to-ten-year plan for the future under the dual-carbon target. The clean energy that is fully sustainable and sustainable for the international community will definitely demonstrate the slow progress of the enterprise. The mining industry will transform into a smart and efficient industry and build 31 smart and efficient workplaces. I have reached the national standard for the smart demonstration of mining industry. I will further focus on the two markets in and out of the economy, and the two sources of resources, including the advantages. All of these companies have become the leading companies in the industrial chain of U.S.-made and refined products, and have strongly promoted the extension of the industrial chain and the increase of the value chain. The new energy industry will accelerate the development of the road, and the development of infrastructure projects such as Inner Mongolia, Fengwei Lighthouse, etc. The high-end equipment manufacturing industry has made a breakthrough in innovation. Shimi, super high-height, high-level work on the ground and high-height parameters are leading the way. Smart manufacturing district, open construction, planning eight types of high-end US-based product cooperation projects, full-fledged, automatic equipment, manufacturing industry chain, smart logistics industry, focus on railway, Group Company Limited, Junming Qi, Lei Zhang, Li Su, Xiaolong Wang, Junming Qi Group Company Limited, Junming Qi Group Company Limited, Junming Qi Group Company Limited, Junming Qi Group Company Limited, Junming Qi Group Company Limited, Junming Qi Group Company Limited, Junming Qi Group Company Limited and others, and issued a special cash incentive of 0.4 yuan per share. The total amount of the cash incentive is 2 yuan per share, and the share price is estimated to be 1 year. The total amount is about 9.9 billion yuan. We respect and trust the investors' sincerity, and sincerely return the investors' sincerity. The original intention has not changed. The company has received a total of 7.7 times of the company's total invested capital. The company's regular operation and value return have been fully recognized by the capital market. The second part is the analysis of the main product market. Next, I will introduce the analysis and assessment of the coal and chemical products market of this Group in 2022. In terms of the coal market, the main energy of the country is coal. In the national energy supply, The economy continues to recover and the energy price has been affected. The demand for coal has increased rapidly. The market needs to be biased. The price of coal is historically high. Since November, the domestic coal production has been quickly released under the policy of increasing protection. The coal market needs to be contradicted and eased. and many others. The global coal market supply-and-grab relations are tense, and the opportunities and challenges are close. However, our government is actively implementing protection policies to expand coal supply, and at the same time, greatly enhance and raise the long-term contract debt, ensuring the key industry use of the national economy. In 2020, the domestic coal price was affected by the policy of the country, and the fluctuation of inflation and debt, the price needs to stabilize at a medium-high position. In terms of chemical products, from 2021 to October, China's economy will continue to recover steadily. The demand for chemical products is constantly increasing, and the global energy price is rising, and the energy consumption double-control policy has a negative impact. Jiaquan, Cushan, and other chemical products have insufficient supply. The market price is not only rising, but since November, the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has fallen sharply due to the pressure of the downstream industrial profit, and the price of chemical products has and Xia Jie. The third part is the main business goals of this Group in 2022. Through the analysis of the economic development form and product market changes in and out of the economy, this Group has determined the following business goals for the actual operation. First, product sales goals. In terms of coal, in 2020, the company planned to sell 100 million tons of asset coal. This is mainly due to the expected growth of coal production in this company in 2020. The increase mainly comes from the following three mining areas. First, Ying Panhao Coal Mine. Ying Panhao Coal Mine's combined production capacity is 8 million tons per year. In 2021, 2. Shilau Uso coal mine. Shilau Uso coal mine's total production capacity is 8 million tons per year. In 2021, the production of commercial coal was 3.19 million tons, and the production capacity and utilization rate was 40%. 3. Australian mining area was affected by temporary factors such as Australian floods and land loss. In 2021, the production capacity of commercial coal in Amei Australia was 36.7 million tons. In 2022, the company's production volume will be between 35 million tons and 38 million tons. In terms of coal processing, the company's planned sales of coal processing products in 2022 will be 4.92 million tons. The company will adjust the product structure effectively. Hunan chemical industry, 300,000 tons, every year, Jilin-Xian'an project. Second, capital investment plan, to accelerate the promotion of the key advantage project, to promote the development of the future. This Group will scientifically design the capital use plan. In 2022, the capital investment of this Group will mainly focus on all-terrain coal mines, coal facilities, logistics infrastructure, smart manufacturing area, The project is expected to generate 16.4 billion yuan in capital in 2022. The fourth part is about the 2022 management measures. Under the external environment of 2022, The first is to accelerate the implementation of strategic planning on the ground. are all involved in the implementation of high-efficiency. The mining industry will accelerate the construction of four types of green smart high-efficiency mines. Five national-level, intelligent demonstration mines will be built. The implementation of deepening, optimization, selection of equipment, the reduction of water level, the reduction of head surface, the reduction of energy, the reduction of two oil and the reduction of three oil. The use rate of three oil resources will be increased. A group of development prospects will be developed. High-end chemical and new material industry, deep into industry-oriented enterprises, improve production process, optimize product structure, reduce production cost, rely on Lunan Chemical Co., Ltd.'s large-scale micro-project and micro-material national engineering research center,深化产学园合作, In the development of key core technologies such as coal, clean and efficient use, and transformation applications, we have contributed to the breakthrough. The new energy industry grasped the opportunity to make a full-scale effort to increase the capital operation. We will continue to develop and strengthen the acquisition to improve the value of the new energy industry. The high-end equipment manufacturing industry focuses on the high-end series of leading industries. are all partners in this project. We will strengthen strategic projects and joint cooperation to achieve advantageous mutual support, resource sharing, and joint development. The smart logistics industry will continue to accelerate internal resource integration, implement advantageous enterprises and joint cooperation, and build efficient modern logistics systems. Second, we will strengthen to increase product production, increase production and sale projects, and accelerate the implementation of mining procedures such as Ying Fan Hao, Jin Jin Tan, to release the advantages of advanced production. Increase the capacity of mining in the spring and early spring, one factory at a time, and develop a selection and modification plan to ensure the production and sale of projects, reduce the burden, reduce the cost-benefit ratio, The implementation of deepening, the accumulation of materials for purchasing, the reduction of stock and goods, and the use of funds. Ensuring that the cost is continuously reduced, and the use of funds is reduced by 6%. Improving the business profitability, improving the labor productivity rate, and improving the development and investment of technology. Improving the production organization, perfecting the market and marketing model, and actually releasing the solid mining, are the leading companies in the industry. The scientific development, control, and implementation of research and development, optimization of personnel configuration, reduction of labor costs, and strengthening of innovation and innovation, all kinds of research and development investments will increase by 10% on the basis of 2021. Third, comprehensive promotion and sustainable development capabilities, strengthening the standard management of listed companies, will continue to improve the quality of information and record the quality of information and improve the quality of information and record the quality of information and improve the quality of information and improve the quality of information and improve the quality of information and improve the quality of information and improve the quality of information and improve the quality of information and improve the quality of information and improve the quality of information Ladies and gentlemen, I would like to express my gratitude to all of you. In 2022, Yanfeng Energy will take the initiative to integrate the global energy development trend into the new development pattern, to promote innovation, transform, and improve management. Thank you all.