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之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 SHANGHAI ELECTRIC GROUP COMPANY LIMITED 上海電氣集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號: 02727） 於二零二五年十二月十五日舉行之股東特別會議投票表決結果 上海電氣集團股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈已於二零二五年十 二月十五日正式召開股東特別會議（「股東特別會議」），股東特別會議上提呈的決議案獲本 公司股東以投票表決方式正式通過。 茲提述本公司日期為二零二五年十一月二十四日的通函（「通函」），其中載有供本公司的股東 考慮的決議案。除另有指明外，通函所界定的詞語在本公告中具有相同涵義。 董事會欣然宣佈已於二零二五年十二月十五日（星期一）下午二時正假座中國上海市欽江路 212號A樓2樓報告廳舉行股東特別會議。本公司董事長因公無法出席股東特別會議，本公司執行 董事王晨皓先生出任股東特別會議主席並主持會議，上述安 ...

本次会议是否有否决议案：无 一、 会议召开和出席情况 证券代码：601727 证券简称：上海电气 公告编号：临 2025-063 上海电气集团股份有限公司 2025年第三次临时股东会决议公告 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。 重要内容提示： (一)股东会召开的时间：2025 年 12 月 15 日 (二)股东会召开的地点：中国上海市钦江路 212 号 A 楼 2 楼报告厅 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 7,667 | | --- | --- | | 其中：A 股股东人数 | 7,666 | | 境外上市外资股股东人数（H 股） | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | 8,504,694,878 | | 股股东持有股份总数 其中：A | 7,951,569,362 | | 境外上市外资股股东持有股份总数（H 股） | 553,125,516 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 5 ...

国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于上海电气集团股份有限公司 2025 年第三次临时股东会的法律意见书 致：上海电气集团股份有限公司 国浩律师（上海）事务所（以下简称"本所"），接受上海电气集团股份有限公 司（以下简称"公司"）的委托，指派本所律师出席公司 2025 年第三次临时股东 会（以下简称"本次会议"），并根据《中华人民共和国公司法》（以下简称"《公司 法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会 规则》（以下简称"《股东会规则》"）以及《上海电气集团股份有限公司章程》 （以下简称"《公司章程》"）的规定出具本法律意见书。 本所依据本法律意见书出具日之前已经发生或存在的事实及中国（为出具本 法律意见书之目的，本法律意见书中的"中国"仅指中国大陆地区，不包括香港特 别行政区和澳门特别行政区及台湾地区）现行法律、法规及规范性文件发表法律 意见。 本所同意将本法律意见书作为公司本次会议公告的法定文件，随公司其他公 告一并提交上海证券交易所审查并予公告。 在本法律意见书中，本所律师仅对本次会议的召集和召开程序、出席会议人 员的资格、召集人的资格、会 ...

Core Insights - Four major companies, namely Dongfang Electric, Shanghai Electric, China XD Electric, and Zhongtian Technology, are positioning themselves in the field of controllable nuclear fusion, with varying strengths and strategies [1][12] - Dongfang Electric leads in return on equity (ROE) at 6.67%, primarily due to high financial leverage, while Zhongtian Technology follows closely with an ROE of 6.39% and the best asset turnover [3][12] - The assessment of a company's leadership in the nuclear fusion sector raises questions about whether to prioritize current profitability or future potential [4][12] Company Summaries - **Dongfang Electric**: Recognized as one of the largest power generation equipment manufacturers globally, it has a comprehensive portfolio covering various energy sources. It plays a crucial role in manufacturing key components for China's nuclear fusion experimental device and the ITER project [5][12] - **Shanghai Electric**: Dominates the traditional nuclear power sector and aims to be a comprehensive supplier for nuclear fusion systems. It has secured key orders for major projects, emphasizing its capability in producing complete systems rather than just components [7][8][9] - **China XD Electric**: A leader in electrical equipment, it focuses on power transmission and transformation. Its role in the ITER project involves providing essential equipment to ensure the safe and controllable output of energy from fusion devices [9][10] - **Zhongtian Technology**: Known for its expertise in optical fiber and cable, it contributes to nuclear fusion at the material level, specifically in developing superconducting cables essential for magnetic confinement in fusion reactors [10][12] Financial Performance - **Return on Equity**: Dongfang Electric leads with 6.67%, while Zhongtian Technology follows with 6.39% [3][12] - **Asset Turnover**: Dongfang Electric and China XD Electric both have an asset turnover rate of 0.36, while Shanghai Electric lags at 0.27 [4] - **Net Profit Margin**: China XD Electric has the highest sales net profit margin at 6.95%, followed by Dongfang Electric at 5.67% [6] Strategic Positioning - Each company approaches the nuclear fusion challenge from different angles: Dongfang Electric focuses on heavy manufacturing, Shanghai Electric on system integration, China XD Electric on power output, and Zhongtian Technology on advanced materials [12][14] - The competition among these companies is ongoing, with each holding unique advantages that contribute to their roles in the evolving energy landscape [14]

证券之星消息，12月12日上海国企改革板块较上一交易日上涨0.58%，上海电气领涨。当日上证指数报 收于3889.35，上涨0.41%。深证成指报收于13258.33，上涨0.84%。上海国企改革板块个股涨跌见下 表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 从资金流向上来看，当日上海国企改革板块主力资金净流入8.95亿元，游资资金净流出2.54亿元，散户 资金净流出6.41亿元。上海国企改革板块个股资金流向见下表： ...

（文章来源：每日经济新闻） 每经AI快讯，港股电力设备股午后涨幅扩大，截至发稿，东方电气(01072.HK)涨15.97%，报25.42港 元；哈尔滨电气(01133.HK)涨10.95%，报15.81港元；上海电气(02727.HK)涨8.93%，报4.39港元。 ...

Group 1 - Electric equipment stocks saw significant gains, with Dongfang Electric rising by 15.97% to HKD 25.42, Harbin Electric up by 10.95% to HKD 15.81, and Shanghai Electric increasing by 8.93% to HKD 4.39 [1] - Nvidia is planning a closed-door summit in Santa Clara, California, to address the "data center power shortage" that may hinder AI development, gathering executives from startups focused on power and electrical engineering [1] - The International Energy Agency (IEA) predicts that global power demand for data centers, AI, and cryptocurrency will surge from 460 TWh in 2022 to between 620 TWh and 1,050 TWh by 2026 [1] Group 2 - The current electricity shortage in the U.S. is becoming a clear and certain fact, expected to expand before 2030, leading to a more defined investment logic in the industry chain [2] - Data centers typically rely on backup power systems, primarily diesel generators, during peak demand or main power interruptions; however, regulatory constraints on diesel generators are expected to increase the adoption of gas turbines in backup power systems for AIDC projects [2]

Group 1 - Electric equipment stocks saw significant gains, with Dongfang Electric rising by 15.97% to HKD 25.42, Harbin Electric increasing by 10.95% to HKD 15.81, and Shanghai Electric up by 8.93% to HKD 4.39 [1] - Nvidia is planning a closed-door summit in Santa Clara, California, to address the "data center power shortage" that may hinder AI development, gathering executives from startups focused on power and electrical engineering [1] - The International Energy Agency (IEA) predicts that global power demand for data centers, AI, and cryptocurrency will surge from 460 TWh in 2022 to between 620 TWh and 1,050 TWh by 2026 [1] Group 2 - Cathay Haitong indicates that the electricity shortage in the U.S. is becoming a clear and certain fact, expected to expand before 2030, leading to a clearer investment logic in the industry chain [2] - Haitong International notes that data centers typically activate backup power systems during peak demand or main power interruptions, with diesel generators currently being the mainstream solution [2] - Due to clean energy regulations in the U.S., obtaining permits for diesel generators is becoming more challenging, and their annual operating hours are strictly limited, suggesting a gradual increase in the adoption of gas turbines for backup power in future AIDC projects [2]

金吾财讯 | 电力设备股震荡走强，截至发稿，哈尔滨电气(01133)涨7.16%，东方电气(01072)涨6.02%， 超威动力(00951)涨2.94%，上海电气(02727)涨2.48%，亿华通(02402)涨2.05%。 该机构提到，全国统一电力市场建设加速推进，该机构预计"十五五"期间电网投资有望达到4万亿元以 上，相比于"十四五"期间电网投资2.8万亿元显着提升。其中，主网建设助力全国电网网架实现互联互 通，是全国统一电力大市场搭建的重要支撑，该机构认为仍将是重点建设方向。 来源：金吾财讯 华泰证券表示，根据浙江日报，浙江特高压交流环网工程正式获国家发展和改革委核准批复，预计在 2029建成投运，总投资约293亿元，是迄今为止国内投资最高、单体工程量最大的特高压交流工程。该 机构看好全国统一电力市场建设加速推进下，十五五期间电网投资保持稳步增长态势，跨省输电通道建 设与西部薄弱电网补强需求明确，特高压建设需求处于高位，主网投资有望进一步提速。 ...

南方财经12月12日电，天眼查App显示，近日，上海电气控股集团有限公司发生工商变更，注册资本由约114.72亿人民币增至约124.81亿人民币，增幅约 9%，同时多位高管发生变更。该公司成立于1985年1月，法定代表人为吴磊，经营范围包括电力工程项目总承包、设备总成套或分交，对外承包劳务，实业 投资等。 | | | 8在用的商业查询工具 | 夏公司 查老板 查关系 查风险 | | | | | --- | --- | --- | --- | --- | --- | --- | | | | 家中小企业发展子基金旗下机构 | 上海电气控股集团有限公司 | × 天眼一下 | 品应用、 | 商务合作 | | 基本信息 407 | | 法律诉讼 45 | 经营风险 65 | 经营信息 999+ 公司发展 64 | | 知识 | | 变更记录 52 3 ● | | | | | | 受审项目 ~ | | 序号 | 变更日期 | 变更项目 | | 变更前 | | | | 1 | 2025-12-09 | 监事备案 | 夏骏 【退出】 尤卫东 【误出】 张艳 【语出】 廖志勇 【退出】 王盛【退出】 | | | | | 2 | ...