Strictly crack down on coal mines overproducing, rectify the storm of internal entanglements is coming, and coal stocks staged a surge limit today.

In the afternoon, the coal sector collectively surged. In terms of news, a notice regarding "coal mine production verification" was circulated in the market in the afternoon. The Comprehensive Department of the National Energy Administration recently issued a notice titled "Notice on Organizing Coal Mine Production Verification to Promote Stable and Orderly Coal Supply." The notice mentioned that since the beginning of this year, the overall coal supply and demand situation in the country has been generally loose, with prices continuously falling. Some coal mine enterprises have "supplemented prices with quantity," organized production beyond the announced capacity, severely disrupting the coal market order. This verification will cover coal mines in 8 provinces including Shanxi, Inner Mongolia, Anhui, Henan, Guizhou, Shaanxi, Ningxia, and Xinjiang, as well as coal mines that have entered joint trial production. According to the China Coal Distribution Association, the contents of the document are true, but the start date of the verification is still uncertain. The specific verification content includes: 1. Whether the annual raw coal production of coal mines in 2024 exceeds the announced capacity, and whether the monthly raw coal production from January to June 2025 exceeds 10% of the announced capacity; 2. Whether the enterprise group companies issued production plans and related economic indicators to their affiliated coal mines exceeding the announced capacity when arranging the 2025 plan; 3. Whether there are any imbalances or unreasonable situations in the quarterly or monthly production plans for 2025 in the coal mines.