Jinshi data news on January 24th, Guohai Securities research report stated that the current coal industry fund Heavy Position stock holding ratio continues to be underweight, the track is not crowded, coupled with the continuous decline in the yield of 10-year government bonds, the value attribute of the coal industry is highlighted. At the same time, from a macro perspective, it is expected that in the next few years, the coal industry will still maintain a tight balance, with high asset quality, abundant cash flow on the books, and coal-listed companies presenting the five high characteristics of "high profitability, high cash flow, high barriers, high Dividend, and high safety margin".