证券代码：001289 证券简称：龙源电力 公告编号：2025-031 龙源电力集团股份有限公司 关于收购资产业绩承诺期满减值测试情况的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 龙源电力集团股份有限公司（以下简称"本公司"或"龙源电力"）于 2025 年 4 月 28 日召开第五届董事会 2025 年第 2 次会议，审议通过了《关于龙源电力 集团股份有限公司收购资产业绩承诺期满减值测试情况的议案》，现将有关情况 公告如下： 一、交易概述 本公司于 2021 年 7 月 23 日召开 2021 年第 3 次临时股东大会审议通过了《关 于公司发行 A 股股票换股吸并平庄能源及重大资产出售及支付现金购买资产暨 关联交易方案的议案》（以下合称"本次交易"）及与本次交易相关的共 23 项 议案。 2021 年 1 月 15 日，本公司与国家能源集团辽宁电力有限公司（以下简称"辽 宁电力"，原名：国家能源集团东北电力有限公司）签订《支付现金购买资产协 议》（以下简称"现金购买资产协议"），根据协议，本公司收购了其对国能东 北新能源发展有限公司（原名：国电东北新 ...

第五届董事会 2025 年第 2 次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏。 一、董事会会议召开情况 龙源电力集团股份有限公司（以下简称"公司"）第五届董事会 2025 年 第 2 次会议（以下简称"本次会议"）已于 2025 年 4 月 14 日以电子邮件等方 式通知全体董事。本次会议于 2025 年 4 月 28 日以现场方式召开，会议应出席 董事 9 人，实际出席 9 人。本次会议由董事长宫宇飞先生主持，公司监事、高 管人员列席会议。本次会议的召开符合《中华人民共和国公司法》《龙源电力 集团股份有限公司章程》《龙源电力集团股份有限公司董事会议事规则》的规 定。 二、董事会会议审议情况 证券代码：001289 证券简称：龙源电力 公告编号：2025-029 龙源电力集团股份有限公司 本次会议经审议，形成决议如下： 1.审议通过《关于龙源电力集团股份有限公司 2025 年第一季度报告及业 绩公告的议案》 董事会同意公司编制的 2025 年第一季度 A 股报告及 H 股业绩公告。 表决结果：9 票同意、0 票反对、0 票弃权。 具体报告内 ...

本报告依据中国资产评估准则编制 上海立信资产评估有 二〇二五年四月十日 中国资产评估协会 资产评估业务报告备案回执 | 报告编码: | 3131020006202500551 | | --- | --- | | 合同编号: | HT-2025-0658 | | 报告类型: | 法定评估业务资产评估报告 | | 报告文号: | 信资评报字(2025)第A10060号 | | 报告名称: | 龙源电力集团股份有限公司股权收购业绩承诺期届满减值测试涉 及的国电华北内蒙古新能源有限公司等八家公司股东全部权益价 | | | 值项目资产评估报告 | | 评估结论: | 1、国电华北内蒙古新能源有限公司:69,515.00万元;2、国电山 西洁能有限公司:72,039.00万元;3、国能定边新能源有限公 | | | 司:113,437.00万元;4、天津国电洁能电力有限公司:83,8... | | | (详细内容见评估报告) | | 评估报告日 : | 2025年04月10日 | | 评估机构名称: | 上海立信资产评估有限公司 | | 签名人员: | 马文杰 (资产评估师) 正式会员 编号:11230051 | | | ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥8,140,110,543.19, a decrease of 19.00% compared to ¥10,049,080,867.56 in the same period last year[5] - Net profit attributable to shareholders was ¥1,901,679,303.35, down 22.07% from ¥2,440,360,722.95 year-on-year[5] - The net cash flow from operating activities decreased by 24.84% to ¥2,695,869,054.16 from ¥3,586,730,689.38 in the previous year[15] - Basic and diluted earnings per share were both ¥0.2275, reflecting a decline of 21.42% compared to ¥0.2895 in the previous year[5] - Total operating revenue decreased to ¥8,140,110,543.19 from ¥10,049,080,867.56, representing a decline of approximately 19% year-over-year[31] - Total operating costs reduced to ¥5,704,735,473.33 from ¥7,082,612,361.52, a decrease of about 19.4% year-over-year[31] - Net profit attributable to shareholders decreased to ¥1,901,679,303.35 from ¥2,440,360,722.95, reflecting a decline of approximately 22% year-over-year[32] - Operating cash flow net amount was ¥2,695,869,054.16, down from ¥3,586,730,689.38, indicating a decrease of about 25% year-over-year[33] - The company reported a total profit of ¥2,773,516,208.79, down from ¥3,274,620,928.20, a decrease of about 15.3% year-over-year[32] Assets and Liabilities - Total assets at the end of the reporting period increased by 3.16% to ¥265,234,181,225.35 from ¥257,106,196,386.24 at the end of the previous year[5] - The company's current assets totaled ¥55,430,762,142.37 as of March 31, 2025, compared to ¥51,832,688,886.80 at the beginning of the year[29] - The total liabilities increased to ¥176,796,483,405.02 as of March 31, 2025, from ¥170,996,845,621.22 at the beginning of the year[30] - The company's total assets reached ¥265,234,181,225.35 as of March 31, 2025, up from ¥257,106,196,386.24 at the beginning of the year[30] - The net profit attributable to the parent company increased to ¥48,872,404,335.76 as of March 31, 2025, compared to ¥46,970,725,032.41 at the beginning of the year[30] Cash Flow - The company reported a significant increase in cash and cash equivalents, totaling ¥3,195,593,065.05 as of March 31, 2025, down from ¥3,283,309,084.04 at the beginning of the year[29] - The company's total cash inflow from operating activities was ¥6,572,965,512.85, down from ¥9,849,324,363.24, indicating a decrease of approximately 33% year-over-year[33] - Investment activities generated a net cash outflow of ¥5,210,557,796.12, compared to a net outflow of ¥7,198,364,516.14 in the previous period[33] - Cash inflow from financing activities totaled $41.88 billion, an increase from $38.78 billion year-over-year[34] - Cash outflow from financing activities amounted to $39.48 billion, compared to $36.33 billion in the previous year[34] - Net cash flow from financing activities was $2.39 billion, slightly down from $2.45 billion year-over-year[34] - The impact of exchange rate changes on cash and cash equivalents was $8.65 million, a positive shift from a negative $4.01 million in the previous year[34] - The net increase in cash and cash equivalents was a decrease of $112.68 million, improving from a decrease of $1.17 billion year-over-year[34] - The ending balance of cash and cash equivalents was $3.01 billion, down from $3.64 billion in the previous year[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,489, with the largest shareholder being State Energy Investment Group holding 55.05%[16] - The total number of shareholders holding more than 5% of shares includes the State Energy Investment Group with 4,602,432,800 shares[19] Renewable Energy Capacity and Generation - The company plans to continue focusing on expanding its renewable energy projects and optimizing operational efficiency in response to the current market conditions[5] - The total installed capacity of the group as of March 31, 2025, is 41,149.45 MW, representing a year-on-year increase of 13.81% from 36,155.83 MW[23] - Wind power installed capacity increased to 30,443.52 MW, up 9.59% from 27,780.64 MW year-on-year[21] - Solar power installed capacity rose significantly by 65.53% to 10,699.83 MW compared to 6,464.09 MW in the previous year[22] - The total renewable energy generation for Q1 2025 was 20,286,104 MWh, an increase of 8.81% compared to 18,643,992 MWh in Q1 2024[25] - Wind power generation reached 17,776,030 MWh in Q1 2025, up 4.37% from 17,030,932 MWh in Q1 2024[25] - Solar power generation significantly increased by 55.65%, reaching 2,508,578 MWh in Q1 2025 compared to 1,611,658 MWh in Q1 2024[26] - The total power generation for the group in Q1 2025 was 20,286,104 MWh, a decrease of 4.42% year-on-year, but an 8.81% increase when excluding thermal power impacts[24] - The group added 36.25 MW of new installed capacity in Q1 2025, including 34.75 MW from wind and 1.5 MW from solar[20] - The group reduced biomass power generation capacity by 30 MW due to the bankruptcy of a subsidiary[20] - The average utilization hours for wind power in Q1 2025 were 585 hours, a decrease of 55 hours compared to the same period last year[24] Other Financial Metrics - Research and development expenses were ¥19,310,156.92, down from ¥22,923,686.60, a decrease of about 15.5% year-over-year[31] - Other comprehensive income after tax was ¥73,309,654.28, down from ¥177,026,450.48, reflecting a decline of approximately 58.6% year-over-year[32] - The company has not yet audited its first-quarter report for 2025[35]

2025年第一季度，集团风电平均利用小时数为585小时，比去年同期下降55小时，主要是因为集团部分 大容量项目所在区域风资源水平同比下降。 2025年第一季度，集团新增投产控股装机容量36.25兆瓦，其中新增投产风电34.75兆瓦、光伏1.5兆瓦; 减少生物质发电控股装机容量30.00兆瓦，原因为所属子公司龙源友谊生物质发电有限公司破产清算。 截至2025年3月31日，集团控股装机容量为41149.45兆瓦，其中风电控股装机容量30443.52兆瓦，光伏控 股装机容量10699.83兆瓦，其他可再生能源控股装机容量6.10兆瓦。 智通财经APP讯，龙源电力(00916)发布截至2025年3月31日止3个月业绩，集团收入人民币81.40亿元， 比去年同期持续经营收入增长0.92%，其中，风电分部收入人民币73.68亿元，比去年同期减少1.89%， 光伏分部收入人民币7.15亿元，比去年同期增长43.09%，其他分部收入人民币0.57亿元，比去年同期增 长1.03%。归属公司权益持有人净利润人民币19.77亿元，比去年同期减少21.82%。 截至2025年3月31日，2025年集团按合并报表口径累计完成发电量20 ...

Financial Performance - The group reported a revenue of RMB 8.14 billion for the three months ending March 31, 2025, representing a 0.92% increase compared to the same period last year[2] - The net profit attributable to equity holders was RMB 1.98 billion, a decrease of 21.82% year-on-year[2] - The financial expenses net amount was RMB 825.26 million, a slight decrease from RMB 878.53 million in the previous year[6] - The group’s operating profit was RMB 3.63 billion, down from RMB 4.12 billion year-on-year[6] Energy Generation - Total electricity generation for the group was 20,286,104 MWh, a decline of 4.42% year-on-year, but an 8.81% increase when excluding coal power impacts[3] - For the three months ending March 31, 2025, the total renewable energy generation was 20,286,104 MWh, an increase of 8.81% compared to 18,643,992 MWh in the same period of 2024[12] - Wind power generation for the same period was 17,776,030 MWh, reflecting a growth of 4.37% from 17,030,932 MWh year-over-year[11] - The photovoltaic business generated 2,508,578 MWh, a significant increase of 55.65% compared to 1,611,658 MWh in the previous year[12] - The total thermal power generation was 2,581,257 MWh, which was not reported for the current period, indicating a potential shift in focus towards renewable sources[12] Installed Capacity - The group added 36.25 GW of new installed capacity, including 34.75 GW of wind power and 1.5 GW of solar power, while reducing biomass power capacity by 30 GW due to bankruptcy[4] - As of March 31, 2025, the total installed capacity was 41,149.45 GW, a 13.81% increase from 36,155.83 GW in the previous year[10] - The group’s solar power installed capacity increased by 65.53% to 10,699.83 GW compared to 6,464.09 GW in the previous year[10] Regional Performance - The company reported a notable increase in generation from Gansu, with a 54.53% rise to 1,080,965 MWh compared to 699,539 MWh in the previous year[11] - Jiangsu offshore wind generation decreased by 22.83% to 1,415,194 MWh from 1,833,878 MWh year-over-year[11] - The company experienced a 35.41% increase in Tianjin's generation, reaching 356,957 MWh compared to 263,618 MWh in the previous year[11] - The generation from Guangdong increased by 51.93% to 1,238,263 MWh from 815,025 MWh year-over-year[12] Strategic Focus - The company is focusing on expanding its renewable energy portfolio, as indicated by the significant growth in photovoltaic and wind power generation[12] - The overall performance indicates a strategic shift towards renewable energy, with a decrease in thermal power generation and a focus on sustainable growth[12]

Financial Performance - The company reported a profit of RMB 8.42 billion in 2024, a year-on-year increase of 20.2%[11]. - Revenue for 2023 is reported at RMB 39,862 million, a slight decrease from RMB 39,872 million in 2022[21]. - Net profit attributable to equity holders for 2023 is RMB 6,425 million, compared to RMB 7,432 million in 2022, reflecting a decline of approximately 13.6%[25]. - The company's operating revenue for 2024 was RMB 31.370 billion, a 5.9% increase from RMB 29.631 billion in 2023, driven by a 3.4% increase in wind power sales to RMB 28.666 billion and a 51.7% increase in solar power sales to RMB 2.441 billion[152]. - The group's operating profit for 2024 was RMB 12.615 billion, a 9.0% increase from RMB 11.571 billion in 2023, mainly due to higher sales volume and average selling prices in the wind division[176]. - Net profit for 2024 reached RMB 7.686 billion, reflecting a 14.5% increase from RMB 6.710 billion in 2023, driven by improved performance in the wind division[185]. Installed Capacity and Generation - In 2024, the company achieved a total installed capacity of 41.14 GW, with 30.41 GW from wind power, maintaining its industry-leading position[6]. - The total electricity generation for the year was 75.546 billion kWh, with an average wind power utilization of 2,190 hours, exceeding the industry average by 63 hours[11]. - The company secured new development indicators of 14.72 GW and added 7.48 GW of new installed capacity in 2024, setting a historical record for production scale[10]. - The total installed capacity for wind power reached 30,408.77 MW in 2023, with a significant increase from 28,667 MW in 2020[27]. - In 2024, the total installed capacity of renewable energy held by the company reached 41,143.20 MW, including 30,408.77 MW of wind power and 10,698.33 MW of solar power[131]. - The company's cumulative renewable energy generation in 2024 was 68,383,219 MWh, a year-on-year increase of 3.76%, with solar generation rising by 72.13%[121]. Operational Efficiency and Innovations - The company implemented a new operational inspection model, with long-cycle continuous operation units accounting for 60%, an increase of 14 percentage points year-on-year[7]. - The company has introduced a digital transformation plan, launching the "Longteng No. 1" smart management platform and achieving significant advancements in digital capabilities[13]. - The company is focusing on digital transformation with the launch of the "Longteng No. 1" smart management platform and the establishment of a comprehensive meteorological big data pool[145]. - The company has developed a smart production management system that has been recognized as an excellent case in equipment management within the power industry[63]. - The company is enhancing its marketing capabilities by analyzing market data to optimize trading strategies and improve risk management mechanisms[146]. Market Expansion and International Presence - The company has made significant progress in overseas market expansion, with projects in South Africa and Cambodia totaling 0.88 GW[10]. - The company has expanded its operations internationally, with projects in Canada, South Africa, and Ukraine, demonstrating its commitment to global renewable energy development[37]. - The company has established a presence in international markets with 100% ownership in subsidiaries like Longyuan Canada Renewable Energy and Longyuan South Africa Renewable Energy[50]. - The Canadian wind power project generated 239,880 MWh in 2024, while the South African project produced 784,509 MWh, demonstrating strong operational performance[139]. Sustainability and ESG Initiatives - The company aims to enhance its global competitiveness in the renewable energy sector, focusing on clean energy contributions and carbon neutrality goals[38]. - Longyuan Power was recognized as a "Pioneer 100" company in ESG by the State-owned Assets Supervision and Administration Commission, marking its continuous excellence in environmental, social, and governance performance[79]. - The company is committed to sustainability and aims to contribute to China's energy transition through its renewable energy initiatives[47]. - The company is committed to enhancing the utilization rate of renewable energy and reducing reliance on fossil fuels as part of its strategic goals[113]. - The company aims to integrate ESG indicators into project management to create exemplary projects in the power industry[129]. Challenges and Future Outlook - The average utilization hours for wind power in 2024 were 2,190 hours, a decrease of 156 hours from 2023, but still 63 hours above the industry average[121]. - The average wind speed in project areas decreased by 0.2 m/s in 2024, impacting wind generation performance[121]. - The company plans to enhance project construction management and implement new technologies to improve project profitability[129]. - Future outlook includes continued investment in renewable energy projects, with a focus on wind and solar power generation[54]. - The company is actively pursuing market expansion strategies, particularly in the renewable energy sector across various regions[54].

龙源电力完成发行20亿元中期票据 票面利率1.78% 金十数据4月21日讯，龙源电力(00916.HK)公布，公司已于2025年4月18日完成公司中期票据发行。该中 期票据发行总额为人民币20亿元，期限为3年，单位面值为人民币100元，票面利率为1.78%；利息自 2025年4月21日起开始计算。 ...

公司已于 2025 年 4 月 18 日发行 2025 年度第五期中期票据，所募集资金将 主要用于补充营运资金及偿还公司及子公司有息债务。相关发行情况如下： 证券代码：001289 证券简称：龙源电力 公告编号：2025-028 龙源电力集团股份有限公司 关于完成 2025 年度第五期中期票据发行的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 龙源电力集团股份有限公司（以下简称"公司"）于 2024 年 6 月 6 日召开 的 2023 年度股东大会审议通过了《关于龙源电力集团股份有限公司在境内申请 注册及发行债务融资工具一般性授权的议案》，批准并同意授权董事会决定及处 理公司以统一注册或分品种注册的形式在中国银行间市场交易商协会注册、发行 不超过人民币 800 亿元（含 800 亿元）的债务融资工具的相关事宜，类型包括但 不限于超短期融资券、短期融资券、中期票据（含中长期含权票据）、永续票据、 定向债务融资工具、资产支持票据、项目收益票据、权益出资型票据等在内的债 务融资工具；并同意董事会转授权公司经理层处理上述相关事宜。 董 事 会 2025 年 ...

最新一期业绩显示，2024年年报，公司实现营业收入370.70亿元，同比-2.58%；净利润63.45亿元，同比 0.66%，销售毛利率37.55%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)55龙源电力22.1722.171.921406.96亿行业平均 19.5420.632.16385.56亿行业中值17.7717.941.54145.36亿1华电辽能-924.401.869.8939.76亿2绿能慧 充-500.63309.4310.1353.88亿3深南电A-386.961182.683.4749.19亿4郴电国际-79.06-79.060.7928.68亿5豫 能控股-51.53-51.532.0162.56亿6韶能股份-49.80-25.181.4966.99亿7梅雁吉祥-49.21-59.632.6459.79亿8华银 电力-42.34-39.185.9773.32亿9大连热电-18.16-18.166.5826.50亿10晋控电力-11.89-16.191.4583.39亿11*ST 旭蓝-2.06-4.140.077.29亿 本文源自：金融界 作者：行情君 4月21日，龙源电 ...