Hongqingliang Coal Mine, an important subsidiary of Haohua Energy, is suspected of illegal mining.

Western Energy is an important holding subsidiary of Haohua Energy Company, with a direct shareholding ratio of 60%. According to the announcement, Western Energy achieved a coal output of 5.03 million tons in 20 19, accounting for 39.33% of Haohua Energy's total coal output of 20127,900 tons. 20 19 annual operating income165438+28 million yuan, accounting for 20.40% of Haohua Energy's audited operating income in 20 19; The net profit in 20 19 is 223 million yuan. According to the shareholding ratio, the share attributable to shareholders of listed companies is 1.2 1 100 million yuan, accounting for 46.23% of the net profit attributable to the company's consolidated statements.

According to the announcement, it is still uncertain when Hongqingliang Coal Mine of Western Energy can obtain a mining license and when it will resume production. At present, the company cannot determine the specific impact of this incident on the company's operating performance.

Haohua Energy said that it has asked Western Energy to actively cooperate with relevant government departments in line with the principle of seeking truth from facts to speed up the application for mining licenses in Hongqingliang Coal Mine and other related procedures.

In addition, the company has sent a special person to Ordos City to understand the specific situation. After the specific situation is verified clearly, effective and feasible work measures will be formulated, and the obligation of information disclosure will be fulfilled in time according to the progress of the incident and the handling of mining licenses in Hongqingliang Coal Mine. Investors are advised to pay attention to investment risks.