Summary by Futu AI
China Coal Energy is rated AAA by United Credit Rating Co., Ltd., with a stable outlook. The rating reflects China Coal Energy's significant competitive advantages in terms of coal resource reserves, capacity size, production technology, industry collaboration and financing capacity. In 2023, despite the decline in the prices of coal and coal chemical products, the company's own coal production sales increased, the capacity utilization and production rate of coal chemical products remained high, the overall business was stable, the profitability scale was strong and the profitability was strong, the debt worries eased and the indebtedness index was strong. Looking ahead, coal companies are under pressure to transform under the country's “dual-carbon” target, but China Coal Energy is expected to further strengthen its risk resilience and improve overall competitiveness.