Investment Rating - The report maintains a positive outlook on the electricity and gas sectors, indicating a favorable investment environment [5]. Core Insights - In July, the national electricity consumption exceeded 1 trillion kWh for the first time, reaching 10,226 billion kWh, a year-on-year increase of 8.6% [10][11]. - The increase in electricity consumption was primarily driven by urban and rural residents, contributing 38% to the total growth, while the secondary and tertiary industries contributed 33% and 25%, respectively [11]. - The report highlights the impact of high temperatures in July, which were 1.3°C above the historical average, leading to increased electricity demand from residential sectors [11]. - In the gas sector, European gas prices have rebounded due to geopolitical tensions, while Asian and US gas prices have declined [19][30]. - The report suggests that the gas supply-demand balance remains loose, with US gas production at historical highs, contributing to lower prices [22][23]. Summary by Sections 1. Electricity: July National Electricity Consumption Exceeds 1 Trillion kWh - The national electricity consumption reached 10,226 billion kWh in July, marking a historic milestone [10]. - The first industry saw a 20.2% increase in electricity consumption, while the second and third industries grew by 4.7% and 10.7%, respectively [12]. - Cumulative electricity consumption from January to July was 58,633 billion kWh, a 4.5% year-on-year increase [14]. 2. Gas: Gas Supply-Demand Remains Loose, Geopolitical Tensions Affect European Gas Prices - As of August 22, the Henry Hub spot price in the US was $2.76/mmBtu, a weekly decrease of 7.19% [19]. - The TTF spot price in Europe rose to €33.10/MWh, reflecting an 8.17% increase due to geopolitical tensions [20]. - The report notes that European gas inventories are significantly lower than last year and the five-year average, raising concerns about supply stability [30]. 3. Weekly Market Review - The report indicates that the gas, public utilities, electricity, and environmental sectors underperformed relative to the CSI 300 index during the period from August 18 to August 22 [47]. 4. Company and Industry Dynamics - The report mentions the release of a notice regarding the bidding arrangement for new energy projects in Gansu Province, indicating ongoing developments in the renewable energy sector [54]. - Key announcements from companies such as Guodian Power and Kunlun Energy highlight their financial performance and strategic initiatives [55][58]. 5. Key Company Valuation Table - The report includes a valuation table for key companies in the public utility sector, indicating buy ratings for several firms, including China Nuclear Power and Huaneng International [59].

Group 1: Energy Supply and Demand - National electricity load has reached record highs, with the highest load recorded four times this year and five times for the State Grid [1][2] - Coal remains a critical component for stable electricity supply, with coal production in Shanxi maintaining high output levels [1][2] - Natural gas consumption has also increased, with the highest daily throughput reaching 645 million cubic meters, a 2.7% year-on-year increase [2] Group 2: Renewable Energy Contribution - Renewable energy sources such as hydropower, wind, and solar are increasingly contributing to electricity supply, with daily generation exceeding 1.1 billion kilowatt-hours during peak summer [3] - New energy projects from the State Energy Group have a total installed capacity of over 150 million kilowatts, supporting electricity supply for over 360,000 households [3] - New Tian Green Energy reported a 9.32% year-on-year increase in total power generation, with solar energy generation up by 149.53% [3][4] Group 3: Energy Storage Technologies - New energy storage technologies are becoming essential for electricity supply, with multiple provinces implementing large-scale storage solutions to manage peak demand [6] - The largest string-type energy storage station in China, located in Jiangsu, can release up to 800,000 kilowatt-hours of clean energy daily [6] - On August 1, 2023, energy storage stations and virtual power plants in Shanxi contributed a maximum power of 2.25 million kilowatts to balance supply and demand [7]

Group 1 - The Shanghai Composite Index fell by 0.46%, closing at 3666.44 points, while the Hang Seng Index decreased by 0.37%, closing at 25519.32 points [1] - New Tian Green Energy's A/H share premium reached 104.67%, ranking 25th among A/H shares [1] - As of the close, New Tian Green Energy's A-shares were priced at 7.97 yuan, down 2.33%, and H-shares were at 4.26 HKD, down 2.52% [1] Group 2 - New Tian Green Energy Co., Ltd. was established on February 9, 2010, initiated by Hebei Construction Investment and Construction Investment Water Affairs [1] - The company was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange on October 13, 2010, and June 29, 2020, respectively [1] - The company primarily engages in the development and utilization of renewable and clean energy, with operations in wind power, photovoltaic, and natural gas [1] - New Tian Green Energy is involved in the planning, development, operation, and electricity sales of wind farms and photovoltaic power stations across various regions in China, including Hebei, Shanxi, Xinjiang, Shandong, Yunnan, and Inner Mongolia [1] - The company relies on Hebei as a base for nationwide investment in renewable energy projects and actively seeks suitable overseas investment opportunities [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00956） 董事會召開日期 新天綠色能源股份有限公司（「本公司」）的董事會（「董事會」）特此通知，將於2025年8月26日（星期二） 在中華人民共和國（「中國」）河北省石家莊市舉行董事會會議，藉以（其中包括）考慮和批准本公司及其 附屬公司截至2025年6月30日止六個月的中期業績及其發佈。 承董事會命 中國河北省石家莊市，2025年8月13日 於本公告日期，本公司非執行董事為曹欣博士、李連平博士、秦剛先生、張旭蕾博士、盧榮先生及 趙士毅先生；本公司執行董事為譚建鑫先生；以及本公司獨立非執行董事為周文港博士、楊晶磊博 士、陳奕斌先生及劉斌先生。 * 僅供識別 ...

Core Viewpoint - New天绿色能源 (00956.HK) will hold a board meeting on August 26, 2025, in Shijiazhuang, Hebei Province, to consider and approve the interim results for the six months ending June 30, 2025, along with their release [1] Group 1 - The board meeting is scheduled for August 26, 2025 [1] - The location of the meeting is Shijiazhuang, Hebei Province [1] - The meeting will focus on the interim results for the six months ending June 30, 2025 [1]

格隆汇8月13日丨新天绿色能源(00956.HK)宣布，将于2025年8月26日（星期二）在河北省石家庄市举行 董事会会议，藉以（其中包括）考虑和批准本公司及其附属公司截至2025年6月30日止六个月的中期业 绩及其发布。 ...

譚建鑫 （股份代號：00956） 董事會召開日期 新天綠色能源股份有限公司（「本公司」）的董事會（「董事會」）特此通知，將於2025年8月26日（星期二） 在中華人民共和國（「中國」）河北省石家莊市舉行董事會會議，藉以（其中包括）考慮和批准本公司及其 附屬公司截至2025年6月30日止六個月的中期業績及其發佈。 承董事會命 新天綠色能源股份有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 執行董事及總裁 中國河北省石家莊市，2025年8月13日 於本公告日期，本公司非執行董事為曹欣博士、李連平博士、秦剛先生、張旭蕾博士、盧榮先生及 趙士毅先生；本公司執行董事為譚建鑫先生；以及本公司獨立非執行董事為周文港博士、楊晶磊博 士、陳奕斌先生及劉斌先生。 * 僅供識別 ...

公告同时显示，根据公司初步统计，今年7月，公司及子公司按合并报表口径完成输/售气量3.74亿立方 米，同比减少0.66%。其中，公司售气量3.26亿立方米，同比增加11.84%；代输气量4744.79万立方米， 同比减少43.81%。今年1至7月，公司累计完成输/售气量31.88亿立方米，同比减少15.43%。 8月11日，新天绿能发布公告，今年7月，公司及子公司按合并报表口径完成发电量84.42万兆瓦时，同 比增加9.32%。其中，公司风电业务发电量为80.55万兆瓦时，同比增加6.44%；太阳能业务发电量为 3.87万兆瓦时，同比增加149.53%。今年1至7月，公司累计完成发电量909.44万兆瓦时，同比增加 9.57%。 ...

根据公司初步统计，2025年7月，本公司及子公司按合并报表口径完成输/售气量37,362.29万立方米，同 比减少0.66%，其中售气量32,617.50万立方米，同比增加11.84%；代输气量4,744.79万立方米，同比减 少43.81%。截至2025年7月31日，累计完成输/售气量318,775.51万立方米，同比减少15.43%，其中售气 量290,380.99万立方米，同比减少12.24%；代输气量28,394.52万立方米，同比减少38.39%。 ■ 本公告所载经营数据为初步统计数据，可能与中期报告及╱或年度报告披露的数据存在一定差异，仅供 参考。上述经营数据并不对本公司未来经营情况作出任何明示或默示的预测或保证。投资者应注意因不 恰当信赖或使用以上信息而可能造成的投资风险。 证券代码：600956 证券简称：新天绿能 公告编号：2025-043 新天绿色能源股份有限公司 2025年7月主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 根据公司初步统计，2025年7月，本公司及子公司按合并报表口径完 ...

Group 1 - Industrial Fulian reported a record high revenue of 360.76 billion yuan for the first half of 2025, a year-on-year increase of 35.6%, with a net profit of 12.11 billion yuan, up 38.6% [2] - In Q2, the revenue exceeded 200 billion yuan for the first time, reaching 200.34 billion yuan, a 35.9% increase year-on-year, with a net profit of 6.88 billion yuan, up 51.1% [2] Group 2 - A-share indices collectively rose last week, with the Shanghai Composite Index hitting a new high for the year, up over 2% for the week [3] - The market is shifting from traditional cyclical sectors to technology sectors, with quality tech assets expected to yield significant excess returns in Q3 [3] Group 3 - Major foreign investment projects are progressing steadily, with new policies to encourage foreign investment being implemented [4] - Cities like Wenzhou, Dalian, and Xuzhou have GDP growth rates exceeding 6%, with potential to join the "trillion-dollar club" by year-end [4] Group 4 - In July, the consumer price index (CPI) in Guangdong turned positive, rising 0.5% month-on-month, while the producer price index (PPI) decreased by 0.2% [5] - Hong Kong saw a record number of registered local companies, exceeding 1.5 million, with significant direct investment and job creation [5] Group 5 - Nearly 50 A-share companies have disclosed interim dividend plans, with major firms like China Mobile announcing substantial dividends [6] - The Hong Kong Investment Management Company is focusing on nurturing local startups and investing in quality enterprises [7] Group 6 - The A-share market is expected to face some resistance in the short term but remains in a bull market, with industry rotation accelerating [8] - Southbound capital has seen a cumulative net inflow of 900.8 billion HKD, indicating a strong preference for Chinese concept stocks [8] Group 7 - The new science and technology bond policy has led to a significant issuance of 880.66 billion yuan in three months, with a low average coupon rate [21] - Gold futures prices reached a historical high, driven by geopolitical factors and central bank policies [22]