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Jing AI News, Open Source Securities released a research report on September 3, giving Huainan Mining (600985.SH) a buy rating. The rating reasons mainly include: 1) Coal business: coal production and sales volume in H1 fell compared to the same period last year, and the decline in coal prices led to a decrease in ton coal gross profit; 2) Coal chemical business: methanol production increased significantly year-on-year, and the prices of coke and raw materials for washing and processing coal decreased significantly; 3) Continuously accelerating project construction to promote coal mine and power capacity construction. (Daily Economic News)
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