According to the Futu Securities App, Wintime Energy (600157.SH) released a notice to all shareholders about maintaining the company's stock price. At present, all business sectors of the company are operating steadily, and production and operations are normal, and performance continues to maintain good growth. In the first half of 2024, the company's coal business will maintain a good profit margin, and the operating performance of electrical utilities will continue to improve. The company expects to achieve net income attributable to shareholders of the listed company of RMB 1.16 billion to RMB 1.26 billion in the first half of 2024, a year-on-year increase of 14.54% to 24.41%. It is expected that the company's performance in the second half of 2024 will be higher than that of the first half of 2024 and the same period in 2023 and the company's performance will continue to maintain a good growth momentum.

The company attaches great importance to the work of repaying debt and interest related to restructuring and M&A, actively fulfilling the debt and interest payment requirements in the restructuring and M&A plan, from the occurrence of debt problems to the end of December 2023, the company cumulatively repaid principal and interest amounts to RMB 18.534 billion in cash, RMB 17.442 billion by issuing shares to repay debt, RMB 11.944 billion in interest payments, totaling RMB 47.92 billion (including cash repayment of principal and interest of RMB 30.478 billion). The scale of interest-bearing liabilities has dropped significantly from RMB 70.9 billion to RMB 41.1 billion, a decrease of RMB 29.8 billion, which has greatly decreased from before restructuring, further improving the company's financial condition.

The company has sufficient operating cash flow, and the company's operating net cash flow from 2021 to 2023 were RMB 5.119 billion, RMB 6.443 billion, and RMB 7.025 billion respectively. In the first quarter of 2014, operating net cash flow reached RMB 1.115 billion, a year-on-year increase of 1.99%. It is expected that it will continue to maintain a good level throughout the year, which fully guarantees the company's repayment of debt and interest, ensuring that defaults will not occur. At the same time, the company is strengthening its cooperation with financial institutions, actively seeking support from financial institutions, accelerating the recovery of the company's credit and financing functions, and further increasing the company's cash flow.

In 2024, the company's total coal production and sales volume is expected to exceed 12 million tons with a cost reduction of more than 5%. At the same time, the company will continue to maintain the profitability of its electrical utilities, and the total electricity generated throughout the year is expected to be more than 40 billion kWh, ensuring that the company's operating performance in 2024 will achieve a significant year-on-year increase.

Based on the confidence in the company's future development and the high recognition of the company's value, in order to effectively protect the legitimate rights and interests of all shareholders, the company is implementing a share buyback plan of RMB 500 million to RMB 1 billion for cancellation. Subsequently, the company will increase the repurchase amount based on market conditions to promote the company's stock price to return to a reasonable level. At the same time, the company's directors, supervisors, core management personnel, and other personnel who highly recognize the company's development and investment value, in order to further maintain the company's value, stabilize market expectations, strengthen investor confidence, and protect the rights and interests of the majority of investors, especially small and medium-sized investors, completed the sixth stock purchase on June 21, 2024, fully reflecting their firm confidence in the company's good fundamentals and development prospects.

The company attaches great importance to maintaining the stock price and will take various measures in a responsible attitude towards all shareholders and towards the company to fully maintain the company's stock price and promote the continuous improvement of the company's stock price.