股票代码：001289 股票简称：龙源电力 龙源电力集团股份有限公司 China Longyuan Power Group Corporation Limited （住所：北京市西城区阜成门北大街 6 号(C 幢)20 层 2006 室） 2025 年度向特定对象发行 A 股股票 募集资金使用可行性分析报告 $$\Xi{\bf{\cal{O}}}=\Xi\Psi\mp\Psi$$ 龙源电力集团股份有限公司（以下简称"龙源电力"或"公司"）为满足公 司业务发展的资金需求、增强公司的盈利能力和抗风险能力，拟向特定对象发行 A 股股票募集资金，公司编制了《龙源电力集团股份有限公司 2025 年度向特定 对象发行 A 股股票募集资金使用可行性分析报告》（以下简称"本报告"）。 如无特别说明，本报告中相关用语与《龙源电力集团股份有限公司 2025 年 度向特定对象发行 A 股股票预案》中具有相同的含义。 一、本次募集资金使用计划 公司本次向特定对象发行A股股票的募集资金总额不超过人民币50.00亿元 （含本数），扣除发行费用后的募集资金净额将投入以下项目： 在本次向特定对象发行 A 股股票募集资金到位之前，公司将根据募 ...

龙源电力集团股份有限公司 前次募集资金使用情况的鉴证报告 众环专字（2025）0206372号 m 曼 起始页码 鉴证报告 募集资金使用情况的报告 众环专字(2025) 0206372 号 龙源电力集团股份有限公司全体股东: 我们接受委托,对后附的龙源电力集团股份有限公司(以下简称"龙源电力公司")截 至 2025 年 9 月 30 日止的《关于前次募集资金使用情况的报告》执行了鉴证工作。 按照中国证券监督管理委员会印发的《监管规则适用指引 -- 发行类第7号》的规定, 编制《关于前次募集资金使用情况的报告》并保证其内容真实、准确、完整,不存在虚假记 载、误导性陈述或重大遗漏,以及为我们的鉴证工作提供真实、合法、完整的实物证据、原 始书面材料、副本材料、口头证言以及我们认为必要的其他证据,是龙源电力公司董事会的 责任。我们的责任是在执行鉴证工作的基础上,对《关于前次募集资金使用情况的报告》提 出鉴证结论。 关于前次募集资金使用情况的报告 1 传直 Fay · 027-85424329 关于龙源电力集团股份有限公司前次募集资金 使用情况的鉴证报告 我们按照《中国注册会计师其他鉴证业务准则第 3101 号 -- ...

北京市中伦律师事务所 关于龙源电力集团股份有限公司 2025 年第一次临时股东大会的 法律意见书 北京市中伦律师事务所 关于龙源电力集团股份有限公司 2025 年第一次临时股东大会的 法律意见书 二〇二五年十月 致：龙源电力集团股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受龙源电力集团股份有限公 司（以下简称"公司"）委托，指派本所律师对公司 2025 年第一次临时股东大会 （以下简称"本次股东大会"）的合法性进行见证并出具法律意见。 本所及本所律师依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《律师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规 则（试行）》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格 履行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保 证本法律意见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准 确，不存在虚假记载、误导性陈述或者重大遗漏，并承担相应法律责任。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、《证 券法》、《上市公司股东会规则》（以下简称"《股东会规则》"）等现行有效的 ...

Financial Performance - Q3 2025 revenue was CNY 6,563,902,000, a decrease of 13.98% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 1,018,039,000, down 38.19% year-on-year[5] - Basic earnings per share decreased by 37.73% to CNY 0.1218[5] - Operating revenue fell by 17.29% to ¥22,220,920,493.97, impacted by the disposal of thermal power division income and a decrease in average wind power utilization hours[14] - Total operating revenue for the current period was ¥22,220,920,493.97, a decrease of 17.5% compared to ¥26,866,893,142.95 in the previous period[30] - The company's operating profit decreased to CNY 6.30 billion from CNY 7.64 billion, representing a decline of approximately 17.6% year-over-year[31] - Net profit attributable to shareholders decreased to CNY 4.39 billion from CNY 5.56 billion, a decrease of about 21.0%[31] - Total comprehensive income for the period was CNY 5.18 billion, down from CNY 6.21 billion, reflecting a decrease of about 16.6%[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 262,521,257,360.16, an increase of 1.99% from the end of the previous year[5] - Long-term liabilities due within one year increased by 48.88% to ¥13,627,420,305.02, attributed to the rise in long-term borrowings due[12] - The company issued multiple medium-term notes, resulting in a 82.32% increase in bonds payable to ¥29,167,564,465.70[12] - Total liabilities increased slightly to ¥172,945,998,622.52 from ¥171,162,823,003.61, reflecting a growth of 1.0%[29] - The company's total equity rose to ¥89,575,258,737.64 from ¥86,225,209,003.42, an increase of 2.7%[30] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 15,783,850,000, an increase of 53.33% compared to the same period last year[5] - Net cash flow from operating activities increased by 53.33% to ¥15,783,858,718.20, driven by a significant rise in renewable energy subsidies received[16] - The company reported a net cash outflow from investing activities of CNY 17.78 billion, compared to a net outflow of CNY 16.94 billion in the previous period[33] - Cash and cash equivalents decreased by 44.53% to ¥1,825,871,776.87, primarily due to investments in fixed assets and intangible assets[11] - Cash and cash equivalents at the end of the period decreased to CNY 1.57 billion from CNY 3.58 billion, a decline of approximately 56.1%[33] Investments and Expenditures - Development expenditures rose by 35.07% to ¥358,474,200.33, reflecting ongoing investments in key technology research projects[11] - Investment income dropped by 83.83% to ¥109,027,811.82, due to the lack of significant investment events and reduced income from joint ventures[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,238, with the largest shareholder holding 55.05% of the shares[18] Capacity and Generation - As of September 30, 2025, the total installed capacity of the group reached 43,417.39 MW, representing a 17.31% increase from 37,010.40 MW in the previous year[22] - The wind power installed capacity increased by 11.14% to 31,543.47 MW compared to 28,380.64 MW a year earlier[22] - The photovoltaic installed capacity rose by 49.59% to 11,867.82 MW from 7,933.66 MW in the previous year[23] - The total power generation for the group was 56,546,706 MWh, a slight decrease of 0.53% year-on-year, but a 13.81% increase when excluding thermal power impacts[24] - Wind power generation increased by 5.30% to 46,187,944 MWh compared to 43,861,535 MWh in the previous year[25] - Photovoltaic power generation surged by 77.98% to 10,354,443 MWh from 5,817,665 MWh in the previous year[26] - The group added 2,274.19 MW of new renewable energy capacity in the first nine months of 2025, including 1,134.70 MW of wind and 1,169.49 MW of solar[20] - The group reported a 333.33% increase in installed capacity in Qinghai, reaching 650 MW compared to 150 MW a year earlier[23] - The group’s installed capacity for other renewable energy sources decreased by 83.10% to 6.10 MW from 36.10 MW in the previous year[23] Other Financial Metrics - The company experienced a decrease in net profit margin, with a weighted average return on equity of 1.35% for the current period[5] - Research and development expenses decreased to ¥78,771,412.34 from ¥105,423,410.32, a decline of 25.3%[30] - The company reported a decrease in other comprehensive income, with a net amount of CNY -2.99 million compared to CNY -105.32 million in the previous period[31]

龙源电力(00916)公布，经第六届董事会决议，宫宇飞先生担任第六届董事会董事长，任期自董事会会 议通过起至第六届董事会届满之日止。 第六届董事会继续聘任王利强先生担任公司总经理，聘任杨文静女士担任公司总会计师，聘任丁鶄女士 担任公司副总经理、董事会秘书，聘任夏晖先生、王琦先生、李星运先生、史文义先生担任公司副总经 理。 ...

Core Insights - Longyuan Power (00916) reported a revenue of RMB 22.221 billion for the first three quarters of 2025, reflecting a year-on-year increase of 3.70% in operating revenue, with a notable decline in wind power revenue and significant growth in solar power revenue [1][2] Financial Performance - The company's net profit attributable to equity holders was RMB 4.613 billion, a decrease of 19.84% compared to the same period last year [1] - Wind power segment revenue was RMB 19.144 billion, down 1.82% year-on-year, while solar power segment revenue reached RMB 2.806 billion, up 64.82% year-on-year [1] - Other segments generated revenue of RMB 271 million, marking a year-on-year increase of 19.26% [1] Capacity and Generation - The company added a total of 2,274.19 MW of new renewable energy capacity in the first nine months of 2025, with 1,134.70 MW from wind power and 1,169.49 MW from solar power, while biomass power capacity decreased by 30 MW [1] - As of September 30, 2025, the total installed capacity was 43,417.39 MW, comprising 31,543.47 MW from wind power, 11,867.82 MW from solar power, and 6.10 MW from other renewable sources [1] - The average utilization hours for wind power were 1,511 hours, a decrease of 95 hours compared to the same period in 2024, primarily due to a decline in wind speed [1] Generation Output - The total electricity generation for the company was 56,546,706 MWh, a slight decrease of 0.53% year-on-year, but a 13.81% increase when excluding the impact of thermal power [2] - Wind power generation amounted to 46,187,944 MWh, reflecting a year-on-year growth of 5.30%, while solar power generation reached 10,354,443 MWh, up 77.98% year-on-year [2]

Core Insights - Longyuan Power (00916) reported a revenue of RMB 22.221 billion for the first three quarters of 2025, representing a 3.70% increase in operating revenue compared to the same period last year [1] - The net profit attributable to equity holders of the company was RMB 4.613 billion, a decrease of 19.84% year-on-year [1] Revenue Breakdown - Wind power segment revenue was RMB 19.144 billion, a decrease of 1.82% year-on-year [1] - Solar power segment revenue reached RMB 2.806 billion, showing a significant increase of 64.82% compared to the previous year [1] - Other segments generated revenue of RMB 271 million, reflecting a growth of 19.26% year-on-year [1] Installed Capacity and Generation - The company added a total of 2,274.19 MW of new renewable energy capacity in the first nine months of 2025, with 1,134.70 MW from wind and 1,169.49 MW from solar [1] - As of September 30, 2025, the total installed capacity was 43,417.39 MW, comprising 31,543.47 MW from wind, 11,867.82 MW from solar, and 6.10 MW from other renewable sources [1] - The average utilization hours for wind power were 1,511 hours, a decrease of 95 hours compared to the same period in 2024, primarily due to lower wind speeds [1] Power Generation Performance - The total power generation for the company was 56,546,706 MWh, a slight decrease of 0.53% year-on-year, but a 13.81% increase when excluding the impact of thermal power [2] - Wind power generation amounted to 46,187,944 MWh, reflecting a year-on-year growth of 5.30% [2] - Solar power generation reached 10,354,443 MWh, showing a remarkable increase of 77.98% compared to the previous year [2]

Core Insights - Longyuan Power (00916.HK) reported a revenue of RMB 22.221 billion for the nine months ending September 30, 2025, representing a 3.70% increase in continuing operations compared to the same period last year [1] Revenue Breakdown - Wind power segment revenue was RMB 19.144 billion, showing a decrease of 1.82% year-on-year [1] - Solar power segment revenue reached RMB 2.806 billion, marking a significant increase of 64.82% compared to the previous year [1] - Other segments generated revenue of RMB 271 million, reflecting a growth of 19.26% year-on-year [1] Profitability - Net profit attributable to equity holders of the company was RMB 4.613 billion, which is a decrease of 19.84% from the same period last year [1]

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龍源電力集團股份有限公司董事會 提名委員會議事規則 提 名 委 員 會 履 行 職 責，應 遵 守 適 用 法 律 法 規、《公 司 章 程》及 本規則的要 求。 – 1 – 第一條 為了規範 龍源電力集團股份有限公司（以下簡稱「公 司」）董 事 會 提 名 委 員 會 的 組 織、職 責 及 工 作 程 序，確 保 公 司 內 部 控 制 的 有 效 性，根 據《中 華 人 民 共 和 國 公 司 法》《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》《深 圳 證 券 交 易 所 上 市 公 司 自 律監管指引第1號——主板上市公司 規範運 作》《龍 源 電 力 集 團 股 份 有 限 公 司 章 程》（以 下 簡 稱「《公 司 章 程》」）、《龍 源 電 力 集 團 股 份 有 限 公 司 董 事 會 議 事 規 則》（以下簡稱「董事會議 事規則」）及 適 用 的 監 管 規 定，制 定 本 規 則。 第二條 董 事 會 提 名 委 員 會 是 董 事 會 下 設 的 專 門 工 作 機 構，主 要 負 責 對 公 司 董 事 和 高 級 管 理 人 員 的 人 選、選 擇 標 準 和 ...