The Zhongtai Securities Research Report pointed out that the warm winter is expected to subside, and the downstream demand for coal will gradually improve. At the same time, the end-of-year fund position swap is nearing completion, and unfavorable factors at the transaction level have gradually dissipated. After the plate adjustment, coal stocks have high cash flow, high dividends, low valuations, and high elasticity under the recovery of demand. They have both offensive and defensive capabil...