Operator

Hello, everyone. Welcome to China Coal Energy First Quarter Results Announcement. Welcome to all participants at the meeting begins now. After the presentation, there will be a Q&A session. Now please join me to welcome the management.

Jiang Qun

Thank you dear investors and analysts, good afternoon. I am Jiang Qun, Board Secretary of China Coal Energy. Welcome to our results presentation.

Attending today's meetings are Deputy Secretary of the Porte Company, Executive Director and President, Mr. Gao Shigang; Mr. Jing Fengru, Independent Executive Director; Mr. Chai Qiaolin, Chief Financial Officer; as well as the head and staff from Securities of Finance Department, Planning and Development Department, Corporate Finance department, Coal -- business Department and Chemical Business Department, Power Business Department and Marketing Management Office.

We sincerely thank you all for your long-term care and support of the company.

Now I will brief you on China Coal Energy's operating results for the first quarter in '26 and the main work arrangements for the second quarter. Unless otherwise specified, the following data are calculated on the Chinese accounting standards.

In Q1, the company resolutely implemented the decisions and deployments of the CPC Central Committee and as they consult deeply pursue the development philosophy of improving efficiency from existing assets and transforming through incremental growth and fully advance the various measures to stabilize production and sales despite challenges such as change in geological conditions in some mines, we strengthened production sales coordination, enhanced refined management, ensuring smooth and stable operations.