美锦能源获77家机构调研，焦炭业务立于当下，氢能业务布局未来！
Meijin Energy won 77 institutions research, coke business in the present, hydrogen business layout in the future!
南京钢铁集团建设有限公司招聘公告！
Nanjing Iron and Steel Group Construction Co., LTD. Job Announcement!
2021年8月31日山西美锦能源股份有限公司发布投资者关系活动记录表，内容如下：
On August 31, 2021, Shanxi Meijin Energy Co., Ltd. released the investor relations activity record form, the content is as follows:
基本情况介绍：
Introduction of Basic information:
焦炭业务
Coke business
美锦能源是目前国内最大的独立焦化企业之一，具有很强的话语权和定价权。公司与国内各大焦企保持良好沟通，对焦炭价格调整起重要作用，从8.1-8.27连续上调七次，每次上调120元/吨，累计上涨840元/吨。
Meijin Energy is currently one of the largest independent coking enterprises in China, with a strong voice and pricing power. The company maintained good communication with major domestic coke enterprises, which played an important role in adjusting the coke price. From 8.1 to 8.27, the price was raised seven times consecutively, with each increase of 120 yuan/ton, and the total increase was 840 yuan/ton.
焦炭行业上游是炼焦煤，焦炭约90%成本来自炼焦煤，下游是钢铁行业，焦炭是炼铁必不可少的原料，90%以上的冶金焦炭用于炼铁，近年来我国钢铁需求和产量逐年递增，对焦炭需求逐年递增。今年上半年粗钢产量5.63亿吨，同比增长11.8%，近期国内经济从疫情中走出来，对钢材需求保持高增长态势。
Upstream of coke industry is the coking coal, coke about 90% of the cost comes from the coking coal, downstream is the iron and steel industry, coke is an essential raw material for making iron, more than 90% of the metallurgical coke is used for making iron. In recent years, the demand and output of our country's iron and steel are increasing year by year, and the demand for coke is increasing year by year. In the first half of this year, crude steel production reached 563 million tons, up 11.8% year on year. Recently, the domestic economy has emerged from the epidemic and the demand for steel has maintained a high growth trend.
近两年焦炭行业处于去产能实施和落实阶段，去年全国淘汰落后产能6154.6万吨，今年计划淘汰3190万吨，已经淘汰1669万吨。截止2020年底国内焦炭产能5.2亿吨，山西1.2亿吨；在总产能下炭化室高度在4.3米及以下的产能有1.49亿吨，山西占5434万吨。国家要求4.3米及以下的焦炉到2023年底全面关停，新增产能投产周期2年以上，而且只有有实力的企业才能进行置换。目前山西叫停已开工但手续不健全的产能2110.8万吨，复工没有时间表。预计近两年焦化行业处于紧平衡状态。
In the past two years, the coke industry has been in the implementation and implementation stage of capacity reduction. Last year, 61.546 million tons of outdated capacity was eliminated nationwide, and this year, 31.9 million tons were planned to be eliminated, and 16.69 million tons have been eliminated. By the end of 2020, the domestic coke production capacity of 520 million tons, 120 million tons in Shanxi; Under the total capacity, the capacity of the carbonization chamber height of 4.3 meters and below is 149 million tons, of which Shanxi accounts for 54.34 million tons. The country requires that coke ovens of 4.3 meters and below be fully shut down by the end of 2023. The new production capacity will be put into operation for more than 2 years, and only powerful enterprises can replace them. At present, Shanxi has suspended the construction of 21.108 million tons of production capacity with incomplete procedures, and there is no timetable for the resumption of work. The coking industry is expected to be in a tight balance in the past two years.
产能优势：美锦能源目前在产产能715万吨（山西565万吨/年，唐山150万吨/年），在建产能内蒙项目600万吨/年，唐钢美锦二期项目130万吨/年，合计产能1445万吨/年。
Capacity advantage: The current production capacity of Meijin Energy is 7.15 million tons (5.65 million tons/year in Shanxi, 1.5 million tons/year in Tangshan), the ongoing production capacity of Inner Mongolia project is 6 million tons/year, and the second phase of Meijin project of Tanggang is 1.3 million tons/year, with a total production capacity of 14.45 million tons/year.
质量优势：生产的一级焦炭比较稀缺，是国内装备最好、智能化最强的冶金焦炭。全国炭化室高度达到7米以上的山西顶装焦炭的产能只有2500万吨，产品供不应求，利润比普通焦炭至少高300元/吨以上。
Quality advantage: The production of the first grade coke is relatively scarce, is the best equipment, the most intelligent metallurgical coke. The NATIONAL CARBONIZATION chamber height REACHED more THAN 7 meters OF SHANXI top COKE production capacity is only 25 million tons, product demand, profit than ordinary coke at least 300 YUAN/ton higher.
成本优势：相同产能原先需要3000人的产能，现在通过智能化只需800人，降低人员开支。另外华盛化工延伸配套项目包括30万吨乙二醇、15.5万吨LNG、6万吨硫酸以及工业高纯制氢，盈利水平还会进一步提升。
Cost advantage: The same production capacity originally required 3,000 people, now only 800 people through intelligence, reducing personnel expenses. In addition, the extended supporting projects of Huasheng Chemical include 300,000 tons of ethylene glycol, 155,000 tons of LNG, 60,000 tons of sulfuric acid and industrial high-purity hydrogen production, which will further improve the profitability.
客户优势：客户主要集中在华北、华东、东北等地区，以河钢、鞍钢、宝武钢铁等国有央企为主，都是合作多年的战略合作伙伴关系。
Customer advantage: Customers are mainly concentrated in North China, East China, Northeast China and other regions, mainly Hesteel, Anshan Iron and Steel, Baowu Iron and Steel and other state-owned central enterprises, which have been cooperative strategic partnership for many years.
铁路物流优势：建有两座华北地区较大的铁路发运专用线，同时控制650辆焦炭专用车。
Railway logistics advantages: built two large North China railway delivery lines, at the same time control 650 coke special cars.
民生优势：公司属于环保达标的大型焦化企业，担负着供热、供气等保证民生的责任，公司得到了政府多方面的支持，比如在环保限产方面对公司实际影响较小。
Advantages of people's livelihood: The company is a large coking enterprise with environmental protection standards, and is responsible for ensuring people's livelihood by providing heat and gas. The company has received support from the government in many aspects. For example, the company has little impact on the actual production limit of environmental protection.
氢能业务
The hydrogen business
从2017年开始，美锦能源在一点一线一网的战略指导下不断增加在新能源板块的投资和技术储备，已经搭建氢能供应体系、装备制造体系、示范应用体系。
Since 2017, under the strategic guidance of one-point, one-line and one-network, Meijin Energy has been increasing its investment and technological reserve in the new energy sector, and has built a hydrogen energy supply system, equipment manufacturing system and demonstration application system.
美锦能源与各大国企央企等能源企业合作，通过光伏风电绿色制氢，进行绿电制绿氢加绿色交通的氢能生态链，利用现有加氢站拓展设施形成加氢站网络。目前在全国范围内，公司控股的已投运加氢站共计8座，十四五期间规划建设投资上百座加氢站，投入新燃料物流车重卡商用车上万辆。
Meijin Energy cooperates with major state-owned and central enterprises and other energy enterprises to make green hydrogen through photovoltaic wind power, carry out the hydrogen ecological chain of green electricity, green hydrogen and green transportation, and utilize existing hydrogen refueling stations to expand facilities and form a hydrogen refueling station network. At present, the company has a total of 8 hydrogenation stations in operation nationwide. During the 14th Five-Year plan, it plans to construct and invest hundreds of hydrogenation stations, and put into tens of thousands of new fuel logistics vehicles, heavy trucks and commercial vehicles.
通过控股飞驰汽车，逐渐参股投入氢燃料板块的核心零部件企业-国鸿氢能,参与创建鸿基创能，替代国外进口解决卡脖子问题，鸿基创能Hykey1.0产品生产成本降低30%、性能比进口提高30%。
By controlling Feifu Automobile, it gradually invested in Guohong Hydrogen Energy, a core component enterprise in the hydrogen fuel sector, and participated in the establishment of Hongji Chuangneng to replace foreign imports and solve the bottleneck problem. The production cost of Hongji Chuangneng Hykey1.0 product was reduced by 30% and its performance was improved by 30% compared with that of imports.
在山西，制氢工厂已经投产，规模是每小时2000立方，成本12元/公斤，配套的加氢站每公斤氢气售价不超过20元，配套100辆重卡示范运营，其中有31吨自卸车、49吨牵引车，预计年底前扩大规模运营到300辆，是目前全国最大重卡示范场景。接下来5年计划推广上万辆车，同时氢源用绿氢替代灰氢。灰氢具有大规模低成本特性，目前以灰氢为主，十四五之后计划打造绿电绿氢绿色交通产业闭环。
In shanxi, hydrogen production plant has been put into production, the scale is 2000 cubic meters, per hour cost 12 yuan/kg, form a complete set of filling stations hydrogen price no more than 20 yuan per kilogram, 100 heavy card project, there are 31 49 tons tons dump truck, tractor, is expected to expand operation to 300 before the end of the year, is currently the largest heavy card scene demonstration. In the next five years, we plan to promote tens of thousands of cars, and replace gray hydrogen with green hydrogen. Gray hydrogen has the characteristics of large scale and low cost. At present, gray hydrogen is the main source. After the 14th Five-Year plan, we plan to build a closed loop of green electricity, green hydrogen and green transportation industry.
美锦能源接下来计划开展氢能示范运营路线，建设顺序和重点要结合当地情况，因地制宜。在浙江与国鸿氢能合作建设燃料电池动力系统，在山西主要是整车零配件和运营场景，青岛主要是整车基地，在北京参股了环宇京辉开展运营合作，初步规划在京津冀地区建设加氢站和运营场景，开展加氢站和风光一体化氢能源示范项目。我国有近20亿吨二氧化碳排放来自钢铁行业，钢铁企业减排压力大。我们在唐山港区与河钢工业集团合作推广10台燃料电池重卡，接下来两个月推广上百台车辆。从去年参股环宇京辉气体，目前还在扩大持股比例。环宇京辉是北京唯一具备合格资质的氢气生产和运输的企业，承担2022年冬奥会气体供应任务。美锦能源今年7月投资翼迅创能，拟在叉车领域进行燃料电池系统推广。十四五期间重点发展推广应用，上万辆车配套上百个加氢站。
Meijin Energy next plans to carry out hydrogen energy demonstration operation route, the construction sequence and focus should be combined with local conditions, adapted to local conditions. In zhejiang province and the hong the hydrogen fuel cell power system, cooperation construction in Shanxi Province is mainly for vehicle spare parts and operating scenarios, Qingdao is mainly for vehicle base, participation in Beijing huanyu jinghui operational cooperation, preliminary planning in beijing-tianjin-hebei region construction filling stations and operational scenarios, hydrogen filling stations and scenery integration demonstration project. China's nearly 2 billion tons of carbon dioxide emissions from the iron and steel industry, iron and steel enterprises are under great pressure to reduce emissions. We will cooperate with Hesteel Industry Group to promote 10 fuel cell heavy trucks in Tangshan Port area and hundreds of vehicles in the next two months. Huanyu Jinghui gas from last year, is also expanding the proportion of shares. Huanyu Jinghui is the only qualified hydrogen production and transportation enterprise in Beijing, which is responsible for gas supply for the 2022 Winter Olympics. Meijin Energy invested in Wing Xun Chuangneng in July this year to promote fuel cell systems in the field of forklift trucks. During the 14th Five-Year Plan period, we focused on the development and application of tens of thousands of vehicles supporting hundreds of hydrogen refueling stations.
与此同时，今年6月飞驰汽车和美锦能源率先推动国内首个氢能碳减排方法学，标准出炉之后飞驰汽车向整个氢能行业开放，整个氢燃料行业对于碳减排的贡献将具备统一测算标准。目前，经公司粗略测算，一辆氢燃料电池重卡按一年行驶10万公里计算，可以进行碳减排120吨。
Meanwhile, FeV and Meijin Energy took the lead in promoting the first hydrogen carbon emission reduction methodology in China in June this year. After the standard was published, FeV was opened to the entire hydrogen industry, and the contribution of the entire hydrogen fuel industry to carbon emission reduction will have a unified measurement standard. At present, according to the company's rough calculation, a hydrogen fuel cell heavy truck can reduce carbon emissions by 120 tons if it travels 100,000 kilometers a year.
问答环节：
Question and Answer Session:
Q1：如果技术变革（例如液氢），加氢站设施还能用吗？有什么变革风险？
Q1: If technology changes (for example, liquid hydrogen), will the refueling station facilities still work? What are the risks of change?
A1：不管是气态还是液态，都是储运方式，对于加氢站和燃料电池车的使用不受影响。
A1: Both gaseous and liquid are storage and transportation modes, and the use of hydrogenation stations and fuel cell vehicles is not affected.
Q2：加氢站目前成本是多少？加氢次数多少可以达到盈利水平？加氢哪一年实现好的盈利规模？
Q2: What is the current cost of hydrogen refueling stations? How many times can we achieve profitability? Hydrogenation which year to achieve a good profit scale?
A2：加氢站成本近两年降幅较大，除用地外投入约一千万元左右，加氢站盈利能力与地理位置和服务的车辆数量、车型有关，与氢气售价相关。“十四五”期间如果燃料电池车辆运营形成规模，加氢站可以实现盈利。
A2: The cost of hydrogen refueling station has decreased significantly in the past two years, with an investment of about 10 million yuan in addition to land use. The profitability of hydrogen refueling station is related to the geographical location, the number and models of vehicles served, and the price of hydrogen. During the 14th Five-Year Plan period, hydrogen refueling stations can become profitable if fuel cell vehicles are operated on a large scale.
Q3：中报固定资产处置损失是什么原因？后续是否还会继续出现？
Q3: What is the reason for the loss of fixed assets disposal? Will the follow-up continue to appear?
A3：固定资产处置主要是焦化升级改造，2020年底公司位于太原市的4.3米焦炉已停产。2020年提了资产减值损失，半年报又根据变化做了减值损失，后期能利用的设备可能会出售。下半年公司也会按照相关会计准则的要求，对资产进行相应减值测试，如需计提减值准备的，公司会根据实际情况计提。
A3: The disposal of fixed assets is mainly coke upgrading. By the end of 2020, the company's 4.3-meter coke oven located in Taiyuan City has been discontinued. In 2020, asset impairment loss was raised, and in the semi-annual report, impairment loss was made according to changes. Equipment that can be used in the later period may be sold. In the second half of the year, the company will also carry out corresponding impairment tests on assets in accordance with the requirements of relevant accounting standards. If it is necessary to make impairment provisions, the company will make provisions according to the actual situation.
Q4：三季度焦煤价格上涨快，成本对盈利的冲击大吗？
Q4: The coking coal price rose rapidly in the third quarter, and did the cost have a big impact on the profit?
A4：八月份炼焦煤价格涨幅较大，同时焦炭涨了7轮，目前焦炭利润空间稳定。
A4: The price of coking coal rose significantly in August, while the coke rose by 7 rounds. At present, the coke profit margin is stable.
Q5:河钢的示范应用在唐山还是石家庄？加氢站布局除了山西之外都是外购氢气吗？包头布局的绿氢投产时间？
Q5: Is the demonstration application of HeSteel in Tangshan or Shijiazhuang? Hydrogen station layout in addition to Shanxi is outsourced hydrogen? Baotou layout of green hydrogen production time?
A5：主要在唐山推广，唐山港区使用的氢气是唐钢美锦提供的焦炉煤气制取的氢气，在除山西外的其他区域目前还是外购氢气。包头也列入氢能示范城市，接下来两三年内逐渐用绿氢代替灰氢。
A5: It is mainly promoted in Tangshan. The hydrogen used in Tangshan Port area is made from coke oven gas provided by Tanggang Meijin, and it is still purchased in other areas except Shanxi. Baotou is also listed as a hydrogen demonstration city and will gradually replace grey hydrogen with green hydrogen in the next two to three years.
Q6：飞驰上半年亏损的原因？飞驰今年车辆规划生产多少？
Q6: The reason for the loss in the first half of the Gallop? How many vehicles are we planning to produce this year?
A6：全国上半年推广燃料电池车500多台，飞驰生产销售了100多台，以燃料电池重卡车为主。广东示范城市群还未正式公布，下游采购方持观望态度。根据飞驰汽车的销售计划，预计2021年销售会有较大幅度增长。
A6: In the first half of the year, China promoted more than 500 fuel cell vehicles, and Feichang produced and sold more than 100 units, mainly fuel cell heavy trucks. The Guangdong model city cluster has not been officially announced, and downstream buyers are taking a wait-and-see attitude. According to the sales plan of Hurtling Car, sales are expected to increase significantly in 2021.
