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） （股份代號：00956） 調整業務發展戰略 及 避免同業競爭的安排 董事會謹此宣佈，本著對股東負責的態度，經本公司慎重考慮，本集團未來將持續聚焦於風力發 電及天然氣相關產業，集中資源投入陸上及海上風電場、LNG碼頭及接收站、天然氣長輸管線及 城市燃氣、燃氣電廠等方面的建設和運營。為此，本公司計劃逐步出售現有光伏業務，以集中資 源拓展主業，進一步增強本集團實力和核心競爭力。 根據本集團發展戰略調整及最新行業發展，同時精簡本公司與河北建投集團有關避免同業競爭安 排的相關文書，本公司與河北建投於2024年10月30日訂立了新避免同業競爭協議，以更合理地釐 定雙方的權利和義務，同時取代現有避免同業競爭協議及控股股東承諾。 河北建投為持有本公司48. ...

Financial Performance - Operating revenue for Q3 2024 reached ¥3,652,157,444.59, an increase of 18.72% compared to the same period last year[3] - Net profit attributable to shareholders was ¥65,767,953.23, a decrease of 3.14% year-on-year[3] - Net profit excluding non-recurring gains and losses was ¥62,393,612.80, reflecting an increase of 8.03% compared to the previous year[3] - Basic earnings per share for the period was ¥0.02, a 100% increase compared to the same period last year[3] - The net profit for Q3 2024 was CNY 1,726,180,812.21, a decrease of 5.35% compared to CNY 1,823,476,809.40 in Q3 2023[17] - The total profit for the third quarter of 2024 was CNY 1,933,697,236.54, down from CNY 2,124,176,679.41 in 2023, indicating a decrease of about 8.96%[26] Cash Flow and Liquidity - Net cash flow from operating activities was ¥789,725,737.33, up 35.75% year-on-year[3] - The company reported a significant increase in cash received from sales of goods and services, contributing to the rise in net cash flow from operating activities[7] - Operating cash flow net amount for Q3 2024 was CNY 2,885,813,484.71, an increase of 19.69% compared to CNY 2,410,300,308.53 in Q3 2023[20] - The company's cash and cash equivalents as of September 30, 2024, amount to ¥2,564,559,617.26, a decrease from ¥3,420,053,078.91 as of December 31, 2023[11] - The company's cash and cash equivalents at the end of the third quarter of 2024 were CNY 2,429,137,241.75, down from CNY 3,997,922,633.87 a year earlier, indicating a decrease of approximately 39.2%[21] - The net cash flow from financing activities was CNY 571,787,530.63, a turnaround from a negative cash flow of CNY -1,653,638,258.46 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥81,747,416,907.74, representing a 3.46% increase from the end of the previous year[3] - Total liabilities increased to CNY 55,235,417,691.91, compared to CNY 52,275,823,528.51, indicating a rise of 5.6%[13] - Current assets totaled CNY 13,264,895,572.68, compared to CNY 12,954,892,458.73, marking an increase of 2.4%[13] - Non-current assets rose to CNY 68,482,521,335.06, up from CNY 66,061,700,638.02, representing a growth of 3.6%[13] - The company's total liabilities decreased to CNY 3,893,924,189.52 from CNY 4,225,094,234.70, showing a reduction of approximately 7.8%[24] Shareholder Information - As of September 30, 2024, the total number of shareholders is 46,698, with A-share shareholders accounting for 45,515 and H-share shareholders for 1,183[8] - The largest shareholder, Hebei Construction Investment Group, holds 2,058,841,253 shares, representing 48.95% of total shares[8] - The second largest shareholder, HKSCC Nominees Limited, holds 1,835,799,285 shares, accounting for 43.65% of total shares[8] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two shareholders alone accounting for over 92%[8] Research and Development - Research and development expenses for Q3 2024 were CNY 255,871,835.11, slightly down from CNY 257,598,107.13 in Q3 2023[17] - Research and development expenses for the first three quarters of 2024 were CNY 13,828,036.97, down from CNY 21,179,347.26 in the same period of 2023, reflecting a reduction of about 34.6%[25] Future Outlook and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17] - The company plans to focus on market expansion and new product development as part of its future strategy[25] Operational Highlights - The increase in operating revenue was primarily driven by a rise in natural gas sales volume compared to the same period last year[7] - The report does not indicate any new product developments or technological advancements during the quarter[9] - There are no significant mergers or acquisitions reported in the current quarter[9] - The company has not provided specific future guidance or performance outlook in the report[9] - No other important operational information has been highlighted for investor attention in the report[11]

证券代码：600956 证券简称：新天绿能 公告编号：2024-073 新天绿色能源股份有限公司 关于调整业务发展战略及与控股股东签署 新《避免同业竞争协议》暨变更避免同业竞争承诺 的公告 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。 2024 年 10 月 30 日，新天绿色能源股份有限公司（以下简称"公司"或"本 公司"）召开第五届董事会第二十九次临时会议，审议通过《关于调整业务发展 战略及与控股股东签署新〈避免同业竞争协议〉暨变更避免同业竞争承诺的议案》。 本着对股东负责的态度，本公司未来将持续聚焦于风力发电及天然气相关产业， 集中资源投入陆上及海上风电场、LNG 码头及接收站、天然气长输管线及城市 燃气、燃气电厂等方面的建设和运营，为此本公司计划逐步出售现有光伏业务， 从而集中资源拓展主业，进一步增强本公司实力和核心竞争力。 根据本公司发展战略调整，同时精简本公司与控股股东河北建设投资集团有 限责任公司（以下简称"河北建投"）有关避免同业竞争安排的相关文书，本公 司与河北建投于 2024 年 10 月 30 日签署新 ...

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 董事會宣佈，為進一步滿足曹妃甸公司的資金需要，提升曹妃甸公司的融資能力，本公司、河北 建投、曹發展以及曹妃甸公司擬簽署2024年增資協議，據此曹妃甸公司將增加註冊資本金人民幣 1,400百萬元。本公司、河北建投和曹發展按照其各自的持股比例認繳增加的股本，其中，本公司 應繳納人民幣714百萬元。2024年增資完成後，曹妃甸公司的註冊資本金將從現時人民幣2,600百 萬元增加至人民幣4,000百萬元。 河北建投為持有本公司48.95%股權的控股股東，並直接持有曹妃甸公司的股權達到10%或以上， 因此曹妃甸公司為本公司的關連附屬公司，本公司向曹妃甸公司增資構成上市規則第14A章下 本公司的一項關連交易。由於2024年增資中本公司向曹妃甸公司增資的金額（與2020年第二次增 資、2021年增 ...

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） （股份代號：00956） 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司第五屆監事會第十三次臨時 會議決議公告》，僅供參閱。 * 僅供識別 证券代码：600956 证券简称：新天绿能 公告编号：2024-071 新天绿色能源股份有限公司 第五届监事会第十三次临时会议决议公告 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2024年10月30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、秦剛先生及王濤先生；本公司執行董 事為譚建鑫先生及梅春曉先生；以 ...

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） （股份代號：00956） 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司第五屆董事會第二十九次臨 時會議決議公告》，僅供參閱。 证券代码：600956 证券简称：新天绿能 公告编号：2024-070 新天绿色能源股份有限公司 第五届董事会第二十九次临时会议决议公告 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2024年10月30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、秦剛先生及王濤先生；本公司執行董 事為譚建鑫先生及梅春曉先生；以及本公司獨 ...

（於中華人民共和國註冊成立的股份有限公司） 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 （股份代號：00956） 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司關於召開2024年第三季度業 績說明會的公告》，僅供參閱。 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2024年10月28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、秦剛先生及王濤先生；本公司執行董 事為譚建鑫先生及梅春曉先生；以及本公司獨立非執行董事為郭英軍先生、陳奕斌先生及林濤博 士。 * 僅供識別 证券代码：600956 证券简称：新天绿能 公告编号：2024-06 ...

新天绿色能源股份有限公司（以下简称"公司"或"本公司"）第五届董事会 第二十八次临时会议于 2024 年 10 月 18 日通过通讯方式召开。会议通知于 2024 年 10 月 15 日以电子邮件等方式送达全体董事。本次会议应到董事 9 名，实到董 事 9 名。会议由董事长曹欣先生召集并主持。本次会议的召开符合《公司法》和 《公司章程》的有关规定，会议决议合法有效。 证券代码：600956 证券简称：新天绿能 公告编号：2024-066 新天绿色能源股份有限公司 第五届董事会第二十八次临时会议决议公告 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。 董事会认为：本次交易虽非在公司日常业务过程中订立，但增资协议条款属 公平合理，本次交易按正常商业条款进行，且符合公司及其股东的整体利益。 本次关联交易已经公司第五届董事会独立董事第二次专门会议审议通过。公 司独立董事认为：本次交易事项履行了上市地相关法律、法规和《公司章程》规 定的程序；本次增资事项符合公司经营发展需要，按照正常商业条款订立，符合 本公司及全体股东的整体利益。一致同 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3][5][8]. Core Views - The company is a leading clean energy enterprise in North China, driven by both wind power and natural gas, with a strong cash flow supporting steady asset growth [3][10]. - The company achieved revenue of CNY 20.282 billion and a net profit of CNY 2.207 billion in 2023, with wind and solar contributing approximately two-thirds of net profit and natural gas contributing about 26% [3][18]. - The report highlights the company's strong cash flow generation capabilities, with operating cash flow at CNY 4.852 billion, which is 1.77 times the net profit, indicating a robust cash creation ability [4][23]. Summary by Sections 1. Wind and Natural Gas Dual-Drive - The company has established a dual-drive business structure focusing on wind and natural gas, with significant growth in installed capacity [16][17]. - As of the end of 2023, the company had a wind power installed capacity of 6,293.75 MW and solar capacity of 126.12 MW, with a compound annual growth rate of 16.5% since 2010 [18][32]. 2. Wind Power: Superior Asset Quality - The company benefits from high-quality wind resources, with an average utilization hour of 2,419 hours in 2023, outperforming the national average [32][34]. - The report notes that the company's wind power and solar segments have a net profit compound annual growth rate of 17.8% from 2010 to 2023 [32][38]. 3. Natural Gas: LNG Supports Sales Growth - The company has diversified its natural gas operations, enhancing its sales structure and profitability through the Tangshan LNG project [3][10]. - In 2023, the company achieved a gas sales volume of 4.503 billion cubic meters, with revenue from natural gas sales reaching CNY 14.027 billion [18][30]. 4. Profit Forecast and Valuation - The report forecasts net profits of CNY 2.38 billion, CNY 3.07 billion, and CNY 3.41 billion for 2024, 2025, and 2026, respectively, with growth rates of 7.8%, 29.0%, and 11.1% [5][8]. - The intrinsic value of the company is estimated at approximately HKD 27.4 billion, indicating a potential upside of about 49% from the current market value [5][8]. 5. Cash Flow Generation - The company demonstrates strong cash flow generation, with a net cash creation ability of approximately CNY 4.75 billion in 2023, covering 77% of its capital expenditures [4][23]. - The report emphasizes that the high depreciation and amortization costs primarily from wind power operations do not reflect the true cash generation capacity of the company [4][25].

Financial Performance - The company reported a total power generation of 1,200 GWh for the first half of 2024, representing a 15% increase compared to the same period last year[6]. - The company's operating revenue for the first half of the year reached ¥12,137,162,312.65, representing a 20.80% increase compared to ¥10,047,361,793.42 in the same period last year[14]. - Net profit attributable to shareholders was ¥1,429,607,248.17, showing a slight decrease of 0.62% from ¥1,438,596,728.65 year-on-year[14]. - The net cash flow from operating activities increased by 14.63% to ¥2,096,087,747.38, compared to ¥1,828,546,420.15 in the previous year[14]. - Total assets at the end of the reporting period were ¥81,774,294,311.91, a 3.49% increase from ¥79,016,593,096.75 at the end of the previous year[15]. - The net assets attributable to shareholders decreased by 2.11% to ¥21,415,054,297.89 from ¥21,876,733,637.92 at the end of the previous year[15]. - Basic earnings per share remained stable at ¥0.34, unchanged from the same period last year[16]. - The weighted average return on net assets decreased by 0.48 percentage points to 6.57% from 7.05% year-on-year[16]. - The net profit for the reporting period was RMB 1.68 billion, a year-on-year decrease of 1.89%, with the wind and solar segments reporting a net profit of RMB 1.20 billion, down 9.98% due to a reduction in average utilization hours[53]. - The company reported a net cash increase of RMB 709 million in cash and cash equivalents, with a net current liability of RMB 6.77 billion as of June 30, 2024[57]. Operational Highlights - The installed capacity reached 2,500 MW, with an average utilization rate of 85%, indicating a strong operational performance[6]. - Future operational plans include the development of three new renewable energy projects, expected to contribute an additional 300 MW by 2026[6]. - The company is actively promoting the development of large-scale wind and solar energy bases, with over 45 million kW already connected to the grid and more than 50 million kW approved for construction[22]. - The offshore wind power development plan in Hebei aims to achieve a cumulative installed capacity of 5 million kW by 2027, supported by government initiatives[23]. - The company is focusing on pumped storage and new energy storage as critical supports for the new power system, with policies enhancing profitability for independent storage projects[24]. - The company is advancing distributed wind power projects, targeting the construction of wind power in 10,000 administrative villages across rural areas[25]. - The company operates as a leading renewable and clean energy developer in North China, leveraging rich local resources and extensive project management experience[29]. - The company's renewable energy business primarily involves the construction and operation of wind farms and photovoltaic power stations, as well as electricity sales to downstream grid customers[30]. Market Expansion and Strategy - The company plans to expand its market presence by entering two new provinces, aiming for a 20% increase in market share by the end of 2025[6]. - Future guidance indicates a focus on sustainable energy solutions and potential mergers and acquisitions to strengthen market position[1]. - The company is actively pursuing technological innovation and digital transformation to enhance operational efficiency and reduce costs[37]. - The company is committed to optimizing resource combinations and expanding market reach in response to increased competition from upstream suppliers in the natural gas sector[83]. Financial Management and Governance - The financial report for the first half of 2024 is unaudited, ensuring transparency in financial disclosures[3]. - The company maintains a strong governance structure, with all board members present during the meeting[3]. - The company has outlined potential risks in its management discussion, emphasizing the importance of investor awareness[3]. - The company has established a robust internal control system to safeguard assets and protect shareholder interests, which has been effectively operating in financial, operational, compliance, and risk management areas[119]. - The audit committee reviewed the company's financial reporting procedures and internal controls, affirming that the accounting policies used are appropriate and sufficient disclosures have been made[123]. Risks and Challenges - The company faces risks related to wind resource uncertainty, with potential wind speed decreases in 2024 compared to 2023[78]. - The company anticipates that power output limitations may worsen in areas with concentrated wind and solar resources due to lagging grid construction[79]. - The company is closely monitoring interest rate changes, as they significantly impact capital costs for wind and natural gas project investments[85]. - The company faces exchange rate fluctuation risks due to LNG imports being settled in USD while domestic sales are generally settled in RMB, leading to uncertainty in procurement costs[86]. Environmental and Social Responsibility - The company strictly adheres to national and local environmental protection laws and regulations, implementing a comprehensive management approach for environmental protection across all business segments[128]. - The company has established emergency response plans for environmental incidents and has signed agreements for the collection, transportation, and disposal of hazardous waste[126]. - The company is actively involved in rural revitalization efforts, providing assistance to impoverished villages and monitoring poverty risks through a "monthly visit, quarterly monitoring" system[130]. - The company has implemented measures to reduce carbon emissions by strictly following standardized operating procedures to prevent equipment leaks and failures[129]. Shareholder and Incentive Plans - The company has proposed a three-year dividend return plan for shareholders from 2024 to 2026[115]. - The company has received approval for its 2023 A-share restricted stock incentive plan from the Hebei Provincial Government[94]. - The total number of restricted shares granted represents approximately 0.44% of the company's total share capital of 4,187.0931 million shares[99]. - The incentive plan aims to align the interests of shareholders, the company, and management to promote long-term development[97]. - The performance assessment for the first unlock period requires a revenue growth rate of no less than 25.44% in 2024 compared to 2022, and earnings per share must be at least RMB 0.60[105]. Debt and Financing - The company's total borrowings as of June 30, 2024, were RMB 40.98 billion, an increase of RMB 3.07 billion from the end of 2023[60]. - The asset-liability ratio increased to 67.67% as of June 30, 2024, up from 66.16% at the end of 2023, primarily due to increased external financing[62]. - The company has received a total bank credit line of RMB 113.82 billion, with RMB 38.19 billion utilized[57]. - The company has not reported any changes or termination of fundraising projects during the reporting period[163].