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Henan Shenhuo Coal & Power Co., Ltd.
2026 Semi-Annual Report
(2026-044)
[July 2026]
Section I: Important Notices, Table of Contents, and Definitions
The Board of Directors, the Board of Supervisors, and the directors, supervisors, and senior management of the Company guarantee that the information in this semi-annual report is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions, and they assume individual and joint legal liability.
Company head Liu Dexue, Chief Financial Officer Chen Guang, and the head of the accounting department (Accounting Supervisor) Huang Tao declare: We guarantee the truth, accuracy, and completeness of the financial report in this semi-annual report.
All directors attended the board meeting to review this semi-annual report.
The Company has described the relevant risks in detail in this report. Please refer to "Section III: Management Discussion and Analysis, X. Risks Faced by the Company and Countermeasures" for the risk factors that may adversely affect the realization of the Company's future development strategies and business objectives.
The future plans, development strategies, and other forward-looking statements in this semi-annual report do not constitute substantive commitments by the Company to investors. Investors are advised to pay attention to investment risks.
The Company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserves into share capital.
Table of Contents
Section I: Important Notices, Table of Contents, and Definitions 1
Section II: Company Profile and Key Financial Indicators 6
Section III: Management Discussion and Analysis 9
Section IV: Corporate Governance, Environment, and Society 29
Section V: Important Matters 32
Section VI: Changes in Shares and Shareholders 45
Section VII: Information Regarding Bonds 49
Section VIII: Financial Report 50
List of Documents Available for Inspection
(I) Financial statements signed and sealed by the Company head, the Chief Financial Officer, and the head of the accounting department (Accounting Supervisor).
(II) Originals of all company documents and announcements publicly disclosed during the reporting period.
(III) Semi-annual reports published in other securities markets.