Investment Rating - The investment rating for the company is "Buy" and is maintained [9] Core Views - The company achieved a revenue of 212.09 billion yuan in the first half of the year, representing a year-on-year growth of 9.18%. The net profit attributable to shareholders was 2.802 billion yuan, with a year-on-year increase of 0.72%. The net profit after deducting non-recurring gains and losses was 2.521 billion yuan, up by 8.32% year-on-year [2][6] Financial Performance - In Q2, the company recorded a revenue of 111.72 billion yuan, which is a 15.35% increase year-on-year. The core businesses in energy, electricity, and water conservancy showed steady growth, with a year-on-year revenue increase of 18.58% [13] - The overall gross margin for the first half of the year was 11.29%, a decrease of 0.91 percentage points year-on-year. The net profit margin was 1.32%, down by 0.11 percentage points year-on-year [13] - The company signed new contracts worth 775.36 billion yuan in the first half of the year, a year-on-year increase of 4.98%. The overseas new contracts increased by 13.74% year-on-year [13] Business Segments - The company’s installed capacity for controlled grid-connected projects reached 20.2871 million kilowatts, with significant contributions from wind and solar power. The traditional energy segment saw a growth of 44.90%, while the new energy segment grew by 5.47% [13] - The company is expected to benefit from major hydropower infrastructure projects, including the Yarlung Tsangpo River downstream hydropower project with a total investment of 1.2 trillion yuan and the South-to-North Water Diversion West Line project with an estimated investment of 257.6 billion yuan [13]

Group 1 - The company announced that it will hold a workers' representative meeting on September 5, 2025, to elect Mr. Huang Pu as the employee director [2] - Mr. Huang Pu's term will begin from the date of election and will last until the end of the third board of directors' term [2]

Group 1 - The company, China Energy Construction (03996), announced that it will hold a staff representative meeting on September 5, 2025 [1] - Mr. Huang Pu will be elected as the employee director of the company during this meeting [1] - The term of the newly elected employee director will last until the end of the third board of directors' term [1]

Group 1 - The company, China Energy Construction (03996), announced that it will hold a staff representative meeting on September 5, 2025 [1] - Mr. Huang Pu has been elected as the employee director of the company, with his term starting from the date of election until the end of the third board of directors' term [1]

格隆汇9月5日丨中国能源建设(03996.HK)公告，公司于2025年9月5日召开职工代表大会，选举黄埔为公 司职工董事，任期自职工代表大会选举产生日起至第三届董事会任期届满止。 ...

CHINA ENERGY ENGINEERING CORPORATION LIMITED* 3996 董事名單與其角色和職能 中國能源建設股份有限公司董事會（「董事會」）成員載列如下： 執行董事 職工董事 黃埔 非執行董事 劉學詩 司欣波 獨立非執行董事 倪真 （副董事長） 程念高 魏偉峰 牛向春 裴振江 * 僅供識別 - 1 - 董事會下設5個委員會。下表提供各董事會成員所在委員會的成員資料。 中國，北京 2025年9月5日 - 2 - | 委員會 | | | 薪酬與 | | | | --- | --- | --- | --- | --- | --- | | 董事 | 戰略委員會 | 提名委員會 | 考核委員會 | 審計委員會 | 監督委員會 | | 倪真 | M | C | | | | | 黃埔 | | | | | | | 劉學詩 | | | M | | | | 司欣波 | M | | | | | | 程念高 | M | | | C | C | | 魏偉峰 | | | M | M | M | | 牛向春 | | M | C | | | | 裴振江 | | M | | M | M | C： 有關董事會委員會 ...

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 ENERGY ENGINEERING CORPORATION LIMITED* 3996 - 1 - 則」））或控股股東（定義見上市規則）沒有任何其他關係；且(c)不持有任何本公司或其任何 相聯法團股份之權益（按《證券及期貨條例》（香港法例第571章）第XV部所指的定義）。 除上文所披露外，就黃先生的委任而言，沒有任何根據上市規則第13.51(2)條(h)至(v)中要 求而須予披露的資料，亦沒有任何須提請本公司股東或香港聯合交易所有限公司注意的 事項。 承董事會命 中國能源建設股份有限公司 副董事長 關於選舉職工董事的公告 中國能源建設股份有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，根據《中華 人民共和國公司法》、《中華人民共和國工會法》、《中國能源建設股份有限公司章程》等相 關規定，本公司於2025年9月5日召開職工代表大會，選舉黃埔先生（「黃先生」）為本公司 職工董事 ...

Group 1 - The company announced the election of Mr. Huang Pu as the employee director during the employee representative conference held on September 5, 2025 [1] - Mr. Huang's term will last until the expiration of the third board of directors [1] - The announcement confirms that the content is truthful, accurate, and complete, with the board of directors taking legal responsibility for it [1] Group 2 - Mr. Huang Pu, born in October 1967, is a senior accountant and holds a master's degree in business administration [1] - He currently serves as the deputy secretary of the company's party committee, employee director, and chairman of the labor union [1] - Mr. Huang has held various significant positions in other state-owned enterprises, including roles in the China Weaponry Equipment Group and China Chemical Corporation [1]

A 股代码：601868 A 股简称：中国能建 公告编号：临 2025-049 H 股代码:03996 H 股简称:中国能源建设 中国能源建设股份有限公司 关于选举职工董事的公告 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。 根据《中华人民共和国公司法》《中华人民共和国工会法》 《中国能源建设股份有限公司章程》等相关规定，中国能源建设 股份有限公司（以下简称公司）于 2025 年 9 月 5 日召开职工代 表大会，选举黄埔先生为公司职工董事，任期自职工代表大会选 举产生之日起至公司第三届董事会任期届满止。 黄埔先生简历详见附件。 特此公告。 2025 年 9 月 6 日 1 附件 黄埔先生简历 中国能源建设股份有限公司董事会 黄埔先生，1967 年 10 月出生，正高级会计师，工商管理硕 士。现任本公司党委副书记、职工董事、工会主席，同时兼任中 国能源建设集团有限公司党委副书记、职工董事、工会主席。黄 先生历任中国兵器装备集团公司党组纪检组副组长、纪检监察部 主任、党组巡视工作领导小组办公室主任，中国化工集团有限公 司党委 ...

Core Viewpoint - China Energy Engineering Corporation's Jiangsu Electric Power Construction Third Company, in partnership with China Nuclear Huacheng Construction Engineering Co., has won a bid for the Jiangsu Xuwei Nuclear Heating Plant Phase I conventional island construction project, with a bid amount of 4.22516 billion yuan [1] Group 1 - The Jiangsu Xuwei Nuclear Heating Power Plant Phase I project is located in Lianyungang City, Jiangsu Province, and is the world's first demonstration project featuring a dual-coupling of a third-generation pressurized water reactor and a fourth-generation high-temperature gas-cooled reactor [1] - This project is the first nuclear power plant in China primarily aimed at providing steam and heating, while also supplying electricity [1] - The project will utilize the third-generation "Hualong One" and fourth-generation high-temperature gas-cooled reactor coupling technology, involving the construction of two "Hualong One" pressurized water reactor units and one high-temperature gas-cooled reactor unit, along with a steam heat exchange station [1] Group 2 - Jiangsu Electric Power Construction Third Company's scope of work includes the construction of three conventional island power plant buildings and their auxiliary facilities, as well as part of the BOP (Balance of Plant) sub-item construction and installation [1]