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份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。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 根 據 中 華 人 民 共 和 國（「中 國」）有 關 法 例 規 定，於 公 司 債 券 存 續 期 間， 中 國 大 唐 集 團 新 能 源 股 份 有 限 公 司（「本公司」）須 在 每 年8月31日或之 前 披 露 根 據 中 國 會 計 準 則 編 製 的 公 司 債 券 半 年 度 報 告。本 公 告 隨 附 的 文 件 為 根 據 公 司 債 券 的 有 關 要 求，本 公 司 於 上 海 證 券 交 易 所（網 址： http://www.sse.com.cn）披 露 的《中 國 大 唐 集 團 新 能 源 股 份 有 限 公 司 公 司 債 券 中 期 報 告（2025年）》及《中 國 大 唐 集 團 新 能 源 股 份 有 限 公 ...

Investment Rating - The investment rating for the company is "Buy" with a target price of HKD 2.75, indicating a potential upside of 16.0% from the current price of HKD 2.37 [2][15]. Core Insights - The company is actively addressing the issue of electricity abandonment rates while gradually increasing its dividend payout ratio, which still offers an attractive yield [2]. - The company aims to maintain a target of 3 GW of new installed capacity by 2025 and is taking measures to reduce abandonment rates [6]. - The report anticipates a slight increase in the dividend payout ratio to 30% by 2025, which is expected to enhance long-term valuation [6]. Financial Overview - Revenue projections for the company are as follows: - 2023: RMB 12,802 million - 2024: RMB 12,576 million - 2025E: RMB 13,239 million - 2026E: RMB 14,708 million - 2027E: RMB 15,991 million - The expected net profit for 2025 is RMB 2,425 million, with a projected earnings per share (EPS) of RMB 0.27 [5][16]. - The company’s dividend yield is projected to be 4.5% for 2025, increasing to 5.2% in 2026 [6][16]. Operational Data - The company’s installed capacity is projected to grow as follows: - Wind Power: - 2023: 12,981 MW - 2024: 14,482 MW - 2025E: 15,982 MW - Solar Power: - 2023: 2,438 MW - 2024: 4,365 MW - 2025E: 5,565 MW - Total installed capacity is expected to reach 21,546 MW by 2025 [8][16]. Market Performance - The company’s stock has shown a year-to-date increase of 13.94% and has a 52-week high of HKD 2.50 and a low of HKD 1.75 [4][6].

Core Viewpoint - 大唐新能源 (01798.HK) reported a slight increase in revenue and pre-tax profit for the six months ending June 30, 2025, but a decrease in profit attributable to equity holders of the parent company compared to the same period in 2024 [1] Financial Performance - The group's operating revenue reached RMB 6.845 billion, representing a 3.30% increase compared to the same period in 2024 [1] - Pre-tax profit amounted to RMB 2.358 billion, reflecting a 1.37% increase year-on-year [1] - Profit attributable to equity holders of the parent company was RMB 1.688 billion, which is a decrease of 4.37% compared to 2024 [1] Earnings Per Share and Dividend - Basic and diluted earnings per share attributable to ordinary shareholders of the parent company were RMB 0.2046 [1] - The company proposed an interim dividend of RMB 0.03 per share (pre-tax) for 2025 [1]

Core Insights - The company reported a revenue of RMB 6.845 billion for the first half of 2025, representing a 3.30% increase compared to the same period in 2024 [1] - The pre-tax profit was RMB 2.358 billion, showing a 1.37% increase year-on-year [1] - The profit attributable to the owners of the parent company was RMB 1.688 billion, which is a decrease of 4.37% compared to 2024 [1] - Basic and diluted earnings per share were RMB 0.2046 [1] Financial Performance - The total installed capacity of the group reached 19,068.60 MW, an increase of 3,513.88 MW, or 22.59% year-on-year [1] - The electricity generation amounted to 18,875,826 MWh, reflecting a growth of 10.22% [1] - The company secured construction project indicators of 2,250.00 MW in the first half of 2025 [1] - Total assets were RMB 116.432 billion, with a debt-to-asset ratio of 66.67% [1] Revenue Drivers - The increase in revenue is primarily attributed to the rise in electricity sales [1]

Core Viewpoint - Datang New Energy (01798) reported a slight increase in revenue and pre-tax profit for the first half of 2025, but a decrease in profit attributable to shareholders compared to the same period in 2024 [1] Financial Performance - Revenue for the first half of 2025 reached RMB 6.845 billion, an increase of 3.30% compared to the same period in 2024 [1] - Pre-tax profit amounted to RMB 2.358 billion, reflecting a growth of 1.37% year-on-year [1] - Profit attributable to shareholders decreased to RMB 1.688 billion, down 4.37% from the previous year [1] - Basic and diluted earnings per share were RMB 0.2046 [1] Operational Metrics - As of June 30, 2025, the company's installed capacity was 19,068.60 MW, an increase of 3,513.88 MW, representing a growth of 22.59% year-on-year [1] - Power generation reached 18,875,826 MWh, marking a 10.22% increase [1] - The company secured construction project indicators totaling 2,250.00 MW in the first half of 2025 [1] Balance Sheet - Total assets amounted to RMB 116.432 billion, with a debt-to-asset ratio of 66.67% [1]

EF001 | 公告全部或任何部份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。 | 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 | | --- | --- | | | 股票發行人現金股息公告 | | 發行人名稱 | 中國大唐集團新能源股份有限公司 | | 股份代號 | 01798 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年8月28日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.03 RMB | | 股東批准日期 | 有待公佈 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | HKD， 金額有待公佈 | | 匯率 | 有待公佈 | | 除淨日 | ...

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份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。 截 至2025年6月30日止六個月之 中期業績公告 中 國 大 唐 集 團 新 能 源 股 份 有 限 公 司（「本公司」）之 董 事 會（「董事會」）謹 此 宣佈本公司及其附屬公司截至2025年6月30日止六個月之未經審計中期 業 績。本 公 告 載 列 本 公 司2025年 中 期 報 告 全 文，並 符 合《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》（「《上市規則》」）中有關中期業績初步公告附載 的 資 料 的 要 求。 刊發中期業績公告及中期報告 本中期業績公告分別於香港交易及結算所有限公司披露易網站 (www.hkexnews.hk)及 本 公 司 網 站（www.cdt-re.com）刊 發。 本 公 司 載 有《上 市 規 則》規 定 的 所 有 資 料 的2025年中期報告將於適當時候 分 別 ...

Key Points - The top three stocks with net inflows from southbound funds are China Life (02628) with 1.58 billion, Southern Hang Seng Technology (03033) with 768 million, and Alibaba-W (09988) with 452 million [1][2] - The top three stocks with net outflows are Tencent Holdings (00700) with -1.20 billion, Anta Sports (02020) with -697 million, and Rongchang Biopharmaceutical (09995) with -584 million [1][2] - In terms of net inflow ratio, Datang Renewable (01798) leads with 74.45%, followed by Shenzhen Expressway (00548) with 50.53%, and Bosideng (03998) with 50.23% [1][3] - The top three stocks with the highest net outflow ratios are Chongqing Rural Commercial Bank (03618) at -58.46%, Kington Services (09666) at -54.34%, and Poly Property Group (00119) at -51.88% [1][3] Net Inflow Rankings - The top ten stocks by net inflow include: - China Life (02628): 1.58 billion, 34.91% increase, closing price 23.620 (+3.60%) [2] - Southern Hang Seng Technology (03033): 768 million, 14.65% increase, closing price 5.475 (-0.90%) [2] - Alibaba-W (09988): 452 million, 4.38% increase, closing price 121.800 (-1.54%) [2] - Other notable stocks include Li Auto-W (02015) with 349 million and AIA Group (01299) with 317 million [2] Net Outflow Rankings - The top ten stocks by net outflow include: - Tencent Holdings (00700): -1.20 billion, -5.56% decrease, closing price 590.000 (+0.68%) [2] - Anta Sports (02020): -697 million, -40.49% decrease, closing price 92.450 (+2.72%) [2] - Rongchang Biopharmaceutical (09995): -584 million, -33.65% decrease, closing price 77.450 (+13.65%) [2] - Other notable stocks include Meituan-W (03690) with -387 million and China Construction Bank (00939) with -366 million [2] Net Inflow Ratio Rankings - The top stocks by net inflow ratio include: - Datang Renewable (01798): 74.45%, net inflow of 14.5175 million, closing price 2.360 (+0.85%) [3] - Shenzhen Expressway (00548): 50.53%, net inflow of 8.719 million, closing price 7.020 (0.00%) [3] - Bosideng (03998): 50.23%, net inflow of 6.728 million, closing price 4.630 (+0.65%) [3]

Group 1 - The core viewpoint of the article highlights the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown significant returns over various time frames [1] - The fund's latest net value is 0.8609 yuan, with a weekly return of 1.01%, a three-month return of 16.94%, and a year-to-date return of 22.37% [1] - The fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan [1] Group 2 - The top ten stock holdings of the fund include Longyuan Power, China Mobile, Sinopec Refining, China Chemical Fertilizer, Beijing Enterprises Water Group, Mengniu Dairy, Xinhua Wencun, Sinopec Guande, Datang Renewable, and Sichuan Chengyu [1] - The combined proportion of the top ten holdings accounts for 33.37% of the fund's total assets [1]

Core Viewpoint - Datang New Energy (01798) announced the public issuance of corporate bonds for professional investors in 2024, with a total amount of RMB 1 billion and an interest rate of 2.10% [1] Group 1 - The bond issuance is referred to as "24 Tangxin 01" [1] - The interest payments will commence on August 22, 2025, covering the period from August 22, 2024, to August 21, 2025 [1]