CGN NEW ENERGY HOLDINGS CO., LTD. （於百慕達註冊成立的有限公司） （股份代號：1811） 各位非登記股東 1 ： 於本公司網站及聯交所網站登載公司通訊之通知 謹此通知 閣下，中國廣核新能源控股有限公司（「本公司」）之下述公司通訊 2 （「本次公司通訊」）（英文及中 文版本），現已登載於本公司網站www.cgnne.com（「本公司網站」）及香港聯合交易所有限公司（「聯交所」）網站 www.hkexnews.hk（「聯交所網站」）以供閱覽： 中國廣核新能源控股有限公司 2. 公司通訊指本公司發出或將予發出以供其任何證券的持有人或投資大眾參照或採取行動的任何文件，其中包括但不限於(a)董事會報 告、公司的年度賬目連同核數師報告以及（如適用）其財務摘要報告；(b)中期報告及（如適用）其中期摘要報告；(c)會議通告；(d)上市文 件；(e)通函；及(f)代表委任表格。 為了方便通過電郵進行電子通訊，本公司建議非登記股東向代其持有股份的銀行、經紀、託管商或代理人（統稱「中 介機構」）提供其有效的電郵地址。如本公司沒有收到 閣下的中介機構透過香港中央結算（代理人）有限公司提 供 閣下的有 ...

謹此通知 閣下，中國廣核新能源控股有限公司（「本公司」）之下述公司通訊 1（ 「本次公司通訊」）（英文及中文版本），現已 登載於本公司網站www.cgnne.com（「本公司網站」）及香港聯合交易所有限公司（「聯交所」）網站www.hkexnews.hk（「聯交 所網站」）以供閱覽： • 2025中期報告 閣下現可於本公司網站「投資者關係」一節或聯交所網站內讀取本次公司通訊。若 閣下早前曾要求收取公司通訊的印刷 本，本次公司通訊的印刷本已隨函附上。 為了方便通過電郵進行電子通訊，本公司建議 閣下向本公司香港股份過戶登記分處卓佳證券登記有限公司（「香港 股份過戶登記分處」）（地址為香港夏慤道16號遠東金融中心17樓）發出（不少於7天）的合理書面通知，或發送電郵至 is-ecom@vistra.com向本公司提供 閣下的電郵地址。 （於百慕達註冊成立的有限公司） （股份代號：1811） 各位登記股東： 於本公司網站及聯交所網站登載公司通訊之通知 CGN NEW ENERGY HOLDINGS CO., LTD. 中國廣核新能源控股有限公司 承董事會命 中國廣核新能源控股有限公司 總裁兼執行董事 李光明 2025年 ...

(Incorporated in Bermuda with limited liability)（於百慕達註冊成立的有限公司） Stock Code 股份代號：1811.HK 2025 中期報告 INTERIM REPORT Suites 1201-3 and 7-10, 12/F, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong 香港灣仔港灣道23號鷹君中心12樓1201-3及7-10室 Tel 電話： (852) 2593 3222 Fax 傳真： (852) 2519 0313 www.cgnne.com INTERIM REPORT 2025 中期報告 CONTENTS 目 錄 2 Corporate Information 公司資料 6 Financial and Operating Highlights 財務及業務摘要 7 Management Discussion and Analysis 管理層討論與分析 41 Other Information 其他資料 44 Review Report 審閱報告 45 Consolidated ...

此外，天风证券（601162）此前指出，2025年1月，DeepSeek发布，带动中国第三方数据中心上架率显 著上升。中国信通院预测2030年中国数据中心用电需求将达3000-7000亿千瓦时，占全社会用电量的 2.3%-5.3%，对应2024-2030年复合增速10.4%-27.1%。数据经济时代，算力成为新的生产力，进而带动 电力需求高增。综合考虑算力绿色化变革，建议关注新能源运营商，包括中广核新能源等。 消息面上，华源证券此前指出，上半年公司风电电价0.55元/千瓦时，同比下降0.02元/千瓦时，风电电 价基本企稳。该行认为，公司作为"小而美"新能源运营商，近几年在新能源运营压力加大的背景下持续 减少投资，今年上半年在全市场光伏装机持续走高的背景下，公司新增新能源装机仅为11万千瓦(均为 光伏)，当期资本开支仅4亿美元(28.5亿元)，维持在较低水平，资本开支主要投向为韩国燃气项目。该 行认为，此举体现了公司倾向于减少盲目资本开支，追求高质量发展，保障股东权益。 中广核新能源(01811)涨近6%，高见2.92港元创去年6月以来新高。截至发稿，涨5.93%，报2.86港元， 成交额1.22亿港元。 ...

Investment Rating - The report maintains a "Positive" investment rating for the utility industry [1] Core Insights - The first mechanism electricity price bidding results for renewable energy in Shandong have been released, indicating a significant market-oriented shift in policy [3][17] - Wind power mechanism electricity price is set at 319 CNY/MWh, which is a 20% premium over the 2024 average spot trading price, while solar power is at 225 CNY/MWh, a 33% premium [3][24] - The report emphasizes the importance of management and operational capabilities for renewable energy operators in a market-driven environment [4][30] Summary by Sections Electricity Sector - The Shandong province has become the first to implement a market-oriented mechanism for renewable energy pricing, with significant participation from over 3000 projects [18][21] - The mechanism electricity volume for wind power is 59.67 billion kWh, while for solar power it is only 12.48 billion kWh, reflecting a stronger policy support for wind energy [3][23] - The report suggests that the future of solar power installations in Shandong may see reduced investment enthusiasm due to current pricing pressures and non-technical cost reductions [4][29] Grid Sector - New pricing mechanisms for nearby consumption of green electricity have been established, which will protect grid interests and promote cost reductions for users [6][35] - The system operation costs will be charged based on the electricity delivered, allowing for potential savings in electricity costs for high-load enterprises [7][37] - The report highlights that the new pricing structure will benefit wind power and energy storage development, making them key components in the green electricity landscape [8][42] Renewable Energy Assets - The report discusses the acceleration of Real World Assets (RWA) in the distributed solar sector, with significant investments from companies like JinkoSolar and GCL-Poly [10][44] - The RWA framework is expected to enhance liquidity and value reassessment of quality distributed solar assets, benefiting original equity holders [11][47] - The collaboration between LinYuan Energy and Ant Group aims to digitize energy assets, further supporting the RWA initiative [12][48] Green Methanol - A major project for green methanol production has been announced by Goldwind, with a total investment of approximately 18.92 billion CNY, aiming to produce 600,000 tons of green methanol annually [13][49] - The report anticipates a surge in demand for green methanol as multiple projects are set to commence production in the coming years [13][49] - Key suppliers and equipment manufacturers in the green methanol sector are expected to see performance improvements as the market expands [13][49]

Major Events - Alibaba-W (09988) announced the pricing of $3.2 billion zero-coupon convertible preferred notes, with an initial conversion price of $193.15 per American depositary share [1] - Peijia Medical-B (09996) reported the first human clinical trial implantation of the Sutra Hemi-valve transcatheter mitral valve repair system [1] - Corning Jereh Pharmaceutical-B (09966) received acceptance from the National Medical Products Administration for the new drug application of KN026 (Anni monoclonal antibody injection) [1] - Nissin Foods (01475) invested 30.68 million yuan to acquire two plots of land in Zhuhai for the construction of new production facilities [1] - Nocoda Technology (00519) signed a cooperation agreement for low-altitude economic intelligent drones [1] Financial Data - Country Garden Holdings (00754) reported total contract sales of approximately 9.902 billion yuan for the first eight months, a year-on-year decrease of 15.56% [1] - China General Nuclear Power Corporation (01811) completed a power generation of 1,543.7 GWh in August, a year-on-year decrease of 5.7% [1] - Xinte Energy (00956) achieved a cumulative power generation of 9.8787 million MWh in the first eight months, a year-on-year increase of 10.55% [1] - Oceanwide Holdings (03377) reported a cumulative contracted sales amount of approximately 16.44 billion yuan for the first eight months, a year-on-year decrease of 25.88% [1]

Company News - New天绿色能源 (00956.HK) reported a power generation of 9.8787 million MWh in the first eight months, an increase of 10.55% year-on-year; August's power generation was 784.8 thousand MWh, up 23.53% year-on-year [2] -远洋集团 (03377.HK) recorded a contract sales amount of 16.44 billion yuan in the first eight months, a decrease of 25.9% year-on-year; August's contract sales were approximately 1.7 billion yuan, down 17.5% year-on-year [2] - 合生创展集团 (00754.HK) reported a contract sales amount of approximately 9.902 billion yuan in the first eight months, a decrease of 15.6% year-on-year; August's contract sales were about 334 million yuan, down 38.4% year-on-year [2] - 越秀交通基建 (01052.HK) reported a cumulative toll revenue of approximately 603 million yuan for the Guangzhou North Second Ring Expressway in the first seven months, a decrease of 0.7% year-on-year [2] - 华油能源 (01251.HK) entered into a financing lease agreement with Zhongguancun Science and Technology Leasing [2] - 日清食品 (01475.HK) plans to invest 30.68 million yuan to acquire land in Zhuhai for new production facilities [2] - 鲁大师 (03601.HK) subscribed to a structured deposit product from China Merchants Bank, involving 50 million yuan [2] - 越秀地产 (00123.HK) plans to obtain a term loan financing of 200 million HKD [2] - 康宁杰瑞制药-B (09966.HK) had its new drug application for KN026 (Anituzumab injection) accepted by the National Medical Products Administration [2] Buyback Activities - 腾讯控股 (00700.HK) repurchased 874,000 shares at a cost of 550 million HKD, with repurchase prices ranging from 624 to 633 HKD [2] - 汇丰控股 (00005.HK) spent approximately 108 million HKD to repurchase about 1.041 million shares, with repurchase prices between 102.8 and 104.3 HKD [2] - 恒生银行 (00011.HK) repurchased 210,000 shares at a cost of approximately 24.882 million HKD, with repurchase prices from 117.9 to 119.2 HKD [2] - 百胜中国 (09987.HK) repurchased about 57,900 shares at a cost of approximately 20.2 million HKD, with repurchase prices between 347 and 351.8 HKD [2] - 石四药集团 (02005.HK) repurchased 6 million shares at a cost of approximately 18.143 million HKD, with repurchase prices ranging from 2.98 to 3.04 HKD [2] - 美高梅中国 (02282.HK) repurchased 1 million shares at a cost of 16.2463 million HKD, with repurchase prices between 16.04 and 16.45 HKD [3] Power Generation Data - 中广核新能源 (01811.HK) reported a power generation of approximately 12,850.5 GWh in the first eight months, a decrease of 1.6% year-on-year; August's power generation was 1,543.7 GWh, down 5.7% year-on-year [4]

Core Insights - China General Nuclear Power Corporation (CGN) New Energy reported a total electricity generation of 1543.7 GWh for the period ending August 2025, representing a year-on-year decrease of 5.7% compared to 2024 [1] - The company's electricity generation for the first eight months of 2025 reached 12850.5 GWh, which is a 1.6% decrease year-on-year from 2024 [1] Generation Breakdown - In the electricity generation for August 2025, the breakdown shows an increase in Chinese wind power projects by 2.4%, solar projects by 43.2%, gas projects by 1.2%, and hydro projects by 0.3%, while Korean projects saw a significant decrease of 26.2% [1] - For the first eight months of 2025, the generation from Chinese wind power projects increased by 2.2%, solar projects by 23.4%, and gas projects by 3.5%. However, hydro projects decreased by 16.3% and Korean projects decreased by 12.9% [1]

智通财经APP讯，中广核新能源(01811)发布公告，2025年8月该集团按合并报表口径完成发电量1543.7 吉瓦时，较2024年同比减少5.7%。其中，中国风电项目增加2.4%，中国太阳能项目增加43.2%，中国燃 气项目增加1.2%，中国水电项目增加0.3%及韩国项目减少26.2%。 截至2025年8月31日止八个月，集团今年累计完成发电量12850.5吉瓦时，比2024年同比减少1.6%。其 中，中国风电项目增加2.2%，中国太阳能项目增加23.4%，中国燃气项目增加3.5%，中国水电项目减少 16.3%及韩国项目减少12.9%。 ...

中国广核新能源控股有限公司：2025年8月发电量1543.7吉瓦时。 ...