中煤能源二零二五年年度报告

存 量 提 效 與 增 量 轉 型 並 舉以 高 質 量 發 展 回 饋 投 資 者 228 1,481145298 5,74063,88064,04243.4%43.8%13,51013,63695%606921022.9% 1,9821,03391.8%397189109.8%29789232.6%1622200487% 131.7%11817.1%7100MW2×660MW +16A461 + 2026 2026327 20251231222.81144.9745.8% 13,51077105.11328.8016.04220.3465429527823.86+7.971.7314.17180.046.410.897.23 1. 20251231202412311,893.96413.391,480.5721.8% 20251231 20251231 2. 20251231202412311,515.10332.851,182.2522.0% 3. 2025123120241231378.8680.54298.3221.3%2024123120.0%0.120.1% 1. (1) 20251231202412311,607.1225.1%1,203.97202412311,527.5325.7%1,135.10 2025123120241231773.0314.5%660.8277105.111277.1020241231715.4615.6%603.98 2025123120241231827.0435.1%537.103,269190.599199.3520241231806.1634.8%525.94 20251231202412310.620.110.73 20251231 (2) 20251231202412311,297.7024.2%983.63287.67504.0320241231782.58278.5527.412024123136.539.1226.24 20251231 20251231328.8016.044.7% (3) 2025123120241231309.4228.8%220.342024123119.3%1.018.3%85.976.42.270.1 2. (1) 2025123120241231205.189.1%186.5820241231194.069.0%176.52 20251231 (2) 2025123120241231177.148.1%162.72 20251231 20251231 20251231 (3) 202512312024123128.0414.9%23.862024123113.7%0.912.8% 3. (1) 2025123120241231111.5015.7%93.942024123190.5719.7%72.71 (2) 202512312024123193.1720.6%74.00 (3) 202512312024123118.338.8%19.942024123116.4%4.821.2% 4. 202512312024123125.0712.0%22.072024123119.9912.6%17.47202412319.4820.1%7.572024123115.597.0%14.502024123162.2%3.565.7% 5. 202512312024123173.5637.5%101.122024123161.8127.4%78.772024123163.6223.4%78.53202412319.94127.3%22.592024123113.5%8.822.3% 202512312024123123.893.8620.03 20251231202412314.190.683.51 20251231202412311.710.830.88 202512312024123125.525.2220.30 20251231246.4020241231298.2451.84 20241231341.4343.51297.92234.9671.56 20241231120.14189.11309.25146.6642.90 20241231239.14198.6840.46163.3540.93 20251231 202512311,495.44202412311,408.8286.626.1%309.9820.7%426.1328.5%420.9728.2%262.6617.6%75.705.0% 20251231123.2620241231113.1410.128.9% 202512319.712024123129.7220.0167.3% 2025123123.632024123134.0910.4630.7% 20251231602.6820241231533.3069.3813.0%592.2220241231522.1570.0710.462024123111.150.69 20251231104.9420241231102.432.512.5%301548 202512312,008.42202412311,921.1087.324.5%1,603.66202412311,517.8985.775.7% 20251231482.1820241231523.2641.087.9% 20251231988.8920241231862.04126.8514.7%144.972024202556.22 3,705.18126.093.5%4.740.13% 202512313.992.171.82 20251231 20251231 20251231 2025123110.95 82,078.55201812192018121920351218––27,440.00201807262018072620450725––-14,664.00(A)109,518.550.00(B)0.00(A+B)109,518.55(%)0.7(C)–70%(D)–50%(E)–(C+D+E)–– 202120222023 20251231 1. 443.9020208312025831–4.0%11.3111.31– 2025 1. 202513,51013,7572471.8%20253520251896 2. 202525,58013,636 202530%606.137.1 635.651.41 2025+92.1113202510.522.9% 202520252025919.41.5%728.64.6%277.06.3% 202520251,48180%21.2322.6%33.7151.24.6 202548.31.2%83%5,0001527.00.7% 2025 2025 202559%59% 20262025 2026 20262026120258,7006%-7%2026 + 20265%-6%10.9-115%-6%43 2026 202613,100145203 + 202513 VOCs10CO2 VOCs2024 5622 20251231 2025 20252025216.78199.2191.90% 94.95400202512.1765.402027 39.8524020252.9530.852026 57.622×660MW202513.1418.162027 238.8890202570.66117.03202612 44.74625MW2.110CO215CO220259.0617.04202611 20252101.96%20252 2026 2026 2026213.2620257.05%134.270.9462.8615.19 2026 +2030 + 2025+ 2025+ 2025112210512 421 CO2 550 35.830.187620 20356126 011N <(R&D)>[2019]47 2025ESG ESG22012 A+HESG60230416A e107302024IR ESG ESG1+NESG1887500ESG2 2025 22243 1127 63.0795.3% 6293-57212324 ++ 1863%7,610 13 + 1.19641986719966 2.19781996720191202412 3.19691992720056 4.19802001720031220119 5.19611983820027200810 6.1963MPAccMPA198382005520 7.1966199271995720017 1978 2.1968199173020 3.197019938 2025327.28 309 20251230202520261302026202512302026130 46,5857,19315.44%39,39284.56% 25525,63646,5850 1,65515,62829,30246,585 9.2 33,032,0001,444,517 20251231 5 20251231 1.2.20%3. 2025123114,497,092,00035%5,073,982,2002,197,579,5002,876,402,70013,258,663,4000.2172025 H10% [1993]045[2011]34810%H 2024419 [2014]81[2016]127H20% 2025202663020251231HH20268312025 AA2025A 20251231 20251231336 20251231336 20251231XV352 2025123118 20251231XV23 20251231 20251231 20251231 2025123120251231 20251231 202512311,693.29 20251231 2025123130%2025123130% 2025 1. 202310252024112026123120231025 NCEIBSPICCTDCECI 20251231202526897.71 2. 20231025202411202612311)(i)(ii)2)(i)(ii)20231025 + 20251231(1)20257257.20(2)202523761.06 3. 202310252024112026123120231025 2025123120257428.35 4. 202310252024112026123120231025 (i)(ii) 2025123120251.741.1320250.050.04 5. 20268212023102520268222026123120231025 (i)(ii)(iii) 2025123120250.900.85 6. 202310252024112026123120231025 (i)(ii)(LPR)(iii) 202512312025260.08126.41 7. 202310252024112026123120231025 (i)(ii) 20251231(1)2025259.83(2)202527.19.24 8. 20231025