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    Yingying Song

    Research Analyst at Merchants Securities

    Yingying Song is an analyst at Merchants Securities, specializing in global market research with a focus on securities, futures, and foreign exchange. She routinely handles complex orders and collaborates with dealers through Bloomberg and Reuters, leveraging her expertise to execute specialized transactions and strategies. While precise performance rankings are not publicly available, her role involves communicating directly with key market participants to optimize investment outcomes for institutional clients. Yingying Song has built her career in financial analysis since joining Merchants Securities and is noted for her technical proficiency and industry engagements; however, specific professional credentials and previous employment details are not disclosed in available records.

    Yingying Song's questions to HUNGF leadership

    Yingying Song's questions to HUNGF leadership • Q3 2023

    Question

    Inquired about current coal inventory levels and the 2024 outlook, requested a breakdown of standard coal prices, and asked about the loss status and potential asset impairments for the thermal power segment.

    Answer

    The company holds about 30 days of coal inventory (14.47 million tons). The standard coal price for the first 9 months was CNY 1,097/ton. The financial performance of thermal plants has improved significantly, with only 27% of plants making a loss in Q3, down from 76% in the prior year. No guidance on asset impairment was provided.

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