Zhengzhou Coal reports half-year revenue drop amid market downturn

Zhengzhou Coal Industry & Electric Power Co., Ltd. held its 2025 first-half performance presentation on September 12, 2025, revealing a challenging period marked by a downturn in the coal market. The company reported H1 2025 operating revenue of 1.838 billion yuan and a net loss attributable to parent company shareholders of -224 million yuan, both representing year-over-year decreases. This decline is primarily attributed to a significant drop in coal prices. The company plans to mitigate these impacts by optimizing production, implementing cost-cutting measures, boosting marketing, and revitalizing asset utilization.

Despite the financial headwinds, Zhengzhou Coal made strides in operational and governance improvements. The company accelerated its transition to data-driven management, established an intelligent coal mining face, and implemented intelligent sub-systems for information infrastructure, ventilation, and compressed air. Additionally, human resource and financial sharing systems were developed, and an intelligent dispatch and command system was launched.

In terms of corporate governance, Zhengzhou Coal published its first ESG report, achieving a "BBB" rating from Wind (up from "B"). The company also completed a board re-election, adding an employee director, and became the first listed company in Henan and among coal-listed companies to abolish the supervisory board. Future growth is expected to be driven by enhanced efficiency in the core coal business, stringent cost control, value chain extension, and the development of intelligent new services and products.