Sealand Research Reports state that looking ahead, with improvements in supply and demand, coal prices are expected to stabilize and rebound. From a broad perspective, the investment logic for the industry remains unchanged, and it is anticipated that in the coming years, the coal industry will maintain a tight balance. The coal industry's asset quality is high with ample cash flow, and publicly listed coal companies continue to exhibit the five characteristics of 'high profitability, high cash flow, high barriers, high dividends, and high safety margins.' It is advised to seize the value attributes of the coal sector at low levels, maintaining a 'recommend' rating for the Coal Mining industry. Key focuses include: (1) Highly elastic symbols for Thermal Coal: YANKUANG ENERGY, Guanghui Energy, Jinneng Holding Shanxi Coal Industry. (2) Highly elastic symbols for coking coal: Huaibei Mining Holdings, Pingdingshan Tianan Coal Mining, Shanxi Lu’an Environmental Energy Dev.Co.,Ltd, Shanxi Coking Coal Energy Group. (3) Stable symbols: China Coal Energy, Shaanxi Coal Industry, China Shenhua Energy, Inner Mongolia Dian Tou Energy Corporation, China Coal Xinji Energy.