[CITIC Securities: The coal price center is expected to move upward during the year. The market is expected to fluctuate and rise during the year] September 4th, CITIC Securities research report pointed out that in the first half of 2026, driven by the year-on-year increase in coal prices and cost control, the total net profit of the sample companies increased by approximately 34% year-on-year, and Q2 increased by approximately 41% month-on-month, and their performance improved significantly. Mid-term dividend activity continued to increase, and the amount of segment cash dividends increased by approximately 28% year-on-year. Looking forward, stricter safety supervision after the mine disaster has led to a contraction in supply, and the coal price center is expected to move upward, and the market is expected to fluctuate upward during the year.