On October 29, Yankuang Energy released its results report for the third quarter of 2022. In the first three quarters of this year, the Company achieved the operating revenue of RMB151.347 billion, the net profit of RMB27.128 billion attributable to shareholders of the listed Company and net profit of RMB26.84 billion attributable to shareholders of the listed Company after deducting non-recurring gains and losses, increasedby 44.09%, 135.25% and 128.26%respectively as compared with the corresponding period of the previous year.

In the first three quarters of this year, the prices of the Company's main products remained high due to the rising energy prices at home and abroad. The Company continues to promote lean management for hedging the impact of rising costs, which enables the significant improvement of the Company's performance.

Since 2022, the Company has accelerated the pace of strategic transformation and upgrading, and promoted the concentration of advantageous resource factors to “five majorindustries”, in order to ensure continuous optimization of the industrial structure and significant enhancement of competitive strength.