Taiyuan Coal Trading Center Co., Ltd

About Jinneng Holding Equipment Manufacturing Group Co., Ltd

Auction Transaction Notice

（编号：J240310867）

In order to maintain the order of the coal market, all traders are requested to participate in the bidding process in accordance with the relevant policy requirements of the state on coal prices, and bid within the reasonable range of the price stipulated by the state.

In order to maintain the security of transaction information, each broker is prohibited from leaking transaction information to other individuals or institutions, otherwise it will bear corresponding legal responsibilities.

First, the basic situation

1. Entrusting unit:

Jinneng Holding Equipment Manufacturing Group Co., Ltd

2. Basic information of the entrusted product

Lots	Product category	Supply of coal mines	Place of delivery	Shipping method	Price type	Order Quantity (tons)	Base price (yuan/ton)	Bid cap (RMB/ton)	Minimum markup per transaction amplitude (RMB/ton)	Maximum markup per tick amplitude (RMB/ton)
Lot A	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot B	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot C	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot D	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot E	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot F	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot G	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot H	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot I	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited
Lot J	Raw coal for chemical use	Jincheng Blue Flame Coal Industry Co., Ltd. Chengzhuang Mine	Jincheng	Road transport	Pit price including tax	3000	420	Unlimited	1	Unlimited

Note: The minimum price increase for each bid is 1 yuan/ton.

3. Refer to the quality index of the entrusted product

Lots	Coal type	variety	Calorific value (Qnet, ar) (Kcal/kg)	moisture content （Mt） (%)	Sulfur （St, d） (%)	Volatile matter （Vdaf） (%)	ash content （Ad） (%)	Hastelloy grindability index （HGI）	granularity （mm）	Limit the lower rate （%）
Lot A	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot B	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot C	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot D	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot E	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot F	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot G	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot H	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot I	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00
Lot J	anthracite	Coal blending 4#	3903.00	6.50	3.40	14.44	41.10	45	≤100	0.00

Note: The actual quality of the coal stored in the field shall prevail. Users who sign up to participate in the auction transaction must go to the site in advance to view the subject matter and fully understand, and all users who participate in the auction will be deemed to have been inspected on the spot and stored the physical object.

2. Registration

1. Qualifications:

Coal trading and consumption enterprises registered in China Taiyuan Coal Trading Center Co., Ltd.

2. Registration time: authorization deadline before 2024-10-15 13:30:00

3. Registration link:

3. Security deposits

1. Deposit payment standard: 200,000 yuan

2. Margin payment method: China Taiyuan Coal Trading Network

Through the China Taiyuan Coal Trading Network to bind the bank account for margin "deposit" operation, the margin can be released on the same day and apply for "withdrawal".

3. For relevant regulations on deposit payment, management, refund, and compensation, please refer to the "Implementation Rules for the Supervision of Deposit of China Taiyuan Coal Trading Center Co., Ltd. and Taiyuan Coal Trading Center Co., Ltd." (see the registration page).

4. Transaction matters

1. Trading platform: China Taiyuan Coal Trading Network (http://www.ctctc.cn)

2. Transaction mode: delayed auction sales

(1) The regular trading time of each bid is 30 minutes, if there is no bid, the order will be flowing; If there is a bid, the system will automatically delay it for 120 seconds after 30 minutes;

(2) In the transaction delay stage, if there is a bid, the system will automatically restart the 120-second delay countdown, until there is no bid in the 120-second delay period, the transaction of this bid is closed, and the trading system will automatically close the transaction at the highest price in accordance with the principle of "price priority".

3. Trading Hours:

Lot A: 2024-10-15 14:00

Lot B: 2024-10-15 14:00

C标段：2024-10-15 14:00

D标段：2024-10-15 14:00

E标段：2024-10-15 14:00

Lot F: 2024-10-15 14:05

Lot G: 2024-10-15 14:05

H标段：2024-10-15 14:05

Lot I: 2024-10-15 14:05

Lot J: 2024-10-15 14:05

4. Announcement of trading results. After the transaction is successful, the announcement of the transaction result will be issued within 2 working hours. Participating traders are requested to log in to the China Taiyuan Coal Trading Network and enter the "Personal Center" to view the "Trading Result Announcement".

5. Contract signing

After the transaction is successful, the coal trading contract must be signed through the China Taiyuan Coal Trading Network on the day of the transaction.

6. Settlement of Transactions

1. Settlement location: Chengzhuang Mine. 2. Transportation mode: road transportation. 3. Delivery period: October 16, 2024 to October 20, 2024 (under the normal conditions of the seller's production of road transportation, the transaction enterprises in each bid section will be balanced during the contract performance period.) 4. Before the deadline of the specified delivery date, the bidding transaction enterprise can be deemed to have fully performed if the transportation has completed the quantity agreed in the contract or 90% of the quantity agreed in the contract. 5. Users participating in the bidding of coal washing accessories and medium and high sulfur commercial coal must have the qualification of environmental impact assessment and pollutant discharge permit, and if it is found that there is no such qualification or the qualification is not recognized by the relevant national agencies, they will bear the corresponding liability for breach of contract. In case of heavy pollution weather warning in the process of highway variety hauling, the hauling time can be appropriately extended. 6. When the user has different prices for the same variety, the transportation will be arranged according to the price from high to low.

After the completion of the contract, both parties to the transaction must fill in the "Transaction Settlement Confirmation" and affix the electronic seal on the China Taiyuan Coal Trading Network, and after the trading center receives the "Transaction Settlement Confirmation" stamped by both parties, it shall be deemed that the two parties have no dispute in the performance of the contract, and the deposit will be unfrozen and refunded to both parties. The "Transaction Settlement Confirmation" is the basis for the completion of the transaction between the two parties, and can only be filled in after both parties confirm that there is no dispute.

Settlement Period

Lot A: 2024-10-16 to 2024-10-20

Lot B: 2024-10-16 to 2024-10-20

Lot C: 2024-10-16 to 2024-10-20

Lot D: 2024-10-16 to 2024-10-20

Lot E: 2024-10-16 to 2024-10-20

Lot F: 2024-10-16 to 2024-10-20

Lot G: 2024-10-16 to 2024-10-20

Lot H: 2024-10-16 to 2024-10-20

Lot I: 2024-10-16 to 2024-10-20

Lot J: 2024-10-16 to 2024-10-20

7. Payment settlement

1. Price: tax included at the mouth of the spot exchange. 2. Settlement method: The user of the auction transaction shall sign the coal sales contract on the day of the auction transaction, and prepay the full amount of the cash exchange through the China Taiyuan Coal Trading Network to the account of the settlement unit specified in the coal purchase and sale contract as required. 3. When the bidding transaction user settles the payment through the China Taiyuan Coal Trading Network, he should note the relevant information of the settled coal payment, including the coal mine, coal type, transaction number and bidding section.

8. Coal quality acceptance

1. Quantity: subject to the measurement results of pit weighing. 2. Quality: subject to the quality index of the traded commodities.

9. Charging relevant fees

According to the "Notice of the General Office of the People's Government of Shanxi Province on Printing and Distributing the Coal Spot Trading Operation Plan of China (Taiyuan) Coal Trading Center" (Jin Zheng Ban Fa [2011] No. 109) and the "Notice of Jinneng Holding Group Co., Ltd. on Adjusting the Unified Online Charging Standards for Coal Sales" (Jin Kong Zongban Zi [2022] No. 121) and other documents, the coal traded through bidding, listing and other means, the trading center will charge the transaction fee to both parties according to 1‰ of the transaction amount, and 3‰ of the transaction amount Collect settlement service fees from the secondary units of Jinneng Holding Group. According to the relevant regulations of the government, in the process of charging for coal spot trading business, it is strictly forbidden for one party to pay on behalf of the other party.

10. Other matters

1. If it is used or sold as thermal coal after the bidding is successful, the customer shall bear all the consequences caused by himself. 2. Bidders should strictly abide by the recent epidemic prevention policies to ensure that they are not subject to epidemic control before participating in the bidding. 3. The relevant matters in the specific implementation process shall be negotiated by the two parties to the transaction and agreed separately in the terms of the coal transaction contract signed.

Minimum number of participating merchants: 3

Base price bidding: No

11. Contact Information

Commissioned enterprise: Han Ruokuan

Telephone: 18635666899

Trading Center: Zhirui, Han Yu

Telephone: 13754836681, 15386998164

Trading Center Settlement Center: Wei Xia

Phone: 0351-6829758