证券代码: 600011 证券简称: 华能国际 公告编号:2025-023 华能国际电力股份有限公司 关于董事变更的公告 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。 华能国际电力股份有限公司（"公司"）第十一届董事会副董事长王志杰先生和董事 李海峰先生已于近日分别向公司董事会提交书面辞职报告。王志杰先生因年龄原因申请 辞去公司副董事长、董事以及董事会战略委员会和薪酬与考核委员会委员职务，李海峰 先生因工作调动申请辞去公司董事以及董事会薪酬与考核委员会委员职务。辞任后，王 志杰先生和李海峰先生不再担任公司及其附属公司任何职务。辞职报告自送达公司董事 会之日起生效。王志杰先生和李海峰先生的辞任不会导致公司董事会成员低于法定人 数。 1 特此公告。 华能国际电力股份有限公司董事会 2025年4月29日 2 王志杰先生和李海峰先生确认，其本人与董事会及公司之间并无任何意见分歧，亦 无有关其本人辞任的其他事宜须提请公司股东注意。王志杰先生和李海峰先生不存在未 履行完毕的公开承诺，其辞任后将基于诚信原则完成涉及公司的未尽事宜，妥善移交 ...

详见同日于上海证券交易所网站（www.sse.com.cn）披露的《华能国际电力股份有 限公司2025年第一季度报告》。 二、同意《公司2025年第一季度报告》 证券代码: 600011 证券简称: 华能国际 公告编号: 2025-021 华能国际电力股份有限公司 第十一届董事会第十一次会议决议公告 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。 华能国际电力股份有限公司（"公司"）董事会，于2025年4月28日以通讯表决方式召 开第十一届董事会第十一次会议（"会议"或"本次会议"），会议通知和补充通知分别于 2025年4月11日和2025年4月25日以书面形式发出。本次会议的召开符合《中华人民共和 国公司法》和公司章程的有关规定。会议审议并一致通过了以下决议： 一、同意《公司2025年第一季度财务报告》 该报告中的相关财务信息已经公司董事会审计委员会审议通过。 该报告中的相关财务信息已经公司董事会审计委员会审议通过。 详见同日于上海证券交易所网站（www.sse.com.cn）披露的《华能国际电力股份有 限公司2025年第一 ...

Financial Performance - Operating revenue for Q1 2025 was CNY 60.33 billion, a decrease of 7.70% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 4.97 billion, an increase of 8.19% year-on-year[4]. - Operating profit for Q1 2025 increased to CNY 8.16 billion, up 16.3% from CNY 7.01 billion in Q1 2024[16]. - Net profit for Q1 2025 reached CNY 6.96 billion, representing a 19.2% increase from CNY 5.84 billion in Q1 2024[16]. - The total comprehensive income for the first quarter of 2025 was CNY 6,955,186,112, an increase from CNY 6,137,488,318 in the same period of 2024, representing a growth of approximately 13.3%[17]. - The company reported a basic and diluted earnings per share of CNY 0.27 for Q1 2025, up from CNY 0.25 in Q1 2024, indicating a growth of 8%[17]. Cash Flow and Assets - Net cash flow from operating activities reached CNY 17.40 billion, up 43.26% from the previous year[4]. - The net cash flow from operating activities for Q1 2025 was CNY 17,395,885,484, compared to CNY 12,142,578,592 in Q1 2024, reflecting a significant increase of about 43.1%[19]. - The company’s total cash outflow from operating activities in Q1 2025 was CNY 48,129,432,776, compared to CNY 59,098,147,957 in Q1 2024, indicating a reduction of about 18.6%[19]. - Cash and cash equivalents at the end of Q1 2025 totaled CNY 22,555,550,463, compared to CNY 20,474,723,636 at the end of Q1 2024, marking an increase of approximately 10.2%[20]. - The company’s cash and cash equivalents increased to CNY 24.02 billion from CNY 19.93 billion at the end of 2024[14]. - Total assets at the end of the reporting period were CNY 588.49 billion, a slight increase of 0.28% from the end of the previous year[5]. - Total assets as of March 31, 2025, amounted to CNY 588.49 billion, slightly up from CNY 586.84 billion at the end of 2024[15]. - Current assets totaled CNY 96.80 billion, a marginal increase from CNY 96.30 billion at the end of 2024[14]. - The total equity attributable to shareholders increased to CNY 141.85 billion from CNY 137.41 billion at the end of 2024[16]. - Total liabilities decreased to CNY 378.58 billion from CNY 383.79 billion at the end of 2024[15]. Operating Costs and Expenses - The company reported a decrease in operating costs by 10.97%, primarily due to lower fuel costs[8]. - The company reported a decrease in total operating costs to CNY 52.95 billion, down 10.3% from CNY 59.03 billion in Q1 2024[16]. - Research and development expenses for Q1 2025 were CNY 234.95 million, an increase from CNY 205.86 million in Q1 2024[16]. - Profit from coal-fired power generation increased by 40.96% to CNY 3.98 billion[10]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 109,069[11]. Future Plans - The company plans to continue expanding its renewable energy projects and improve operational efficiency[9].

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。 關於變更公司住所並修訂公司章程的公告 根 據 公 司 實 際 情 況 及 經 營 發 展 需 要，公 司 擬 將 住 所 由「北 京 市 西 城 區復興門內大街6號（華 能 大 廈）」變 更 為「河 北 省 雄 安 新 區 啟 動 區 華 能 總 部」，最 終 以 市 場 監 督 管 理 部 門 核 准 登 記 為 準。 – 1 – 二. 修訂公司章程情況 根據上 述 住 所 變 更 情 況，公 司 擬 對 公 司 章 程 中 的 相 關 條 款 進 行 如 下 修 訂（「建議修訂」）： 本 公 告 由 華 能 國 際 電 力 股 份 有 限 公 司（「本公司」或「公 司」）根 據 香 港 聯 合 交 易 所 有 限 公 司（「香港聯交所」）證 券 上 市 規 則（「上市規則」）第13.51(1)條 而 作 出。 本公司第十一屆董事會第 ...

Financial Performance - Total operating revenue for the reporting period was CNY 60,334,914,635, a decrease of 7.70% compared to the same period last year[7]. - Net profit attributable to shareholders was CNY 4,972,738,942, an increase of 8.19% year-on-year[7]. - Basic earnings per share were CNY 0.27, up by 8.00% compared to the previous year[7]. - Operating revenue decreased by 7.70% due to a decline in domestic electricity generation and average grid settlement prices[13]. - Net profit attributable to shareholders increased by 8.19% primarily due to a decrease in domestic fuel costs[13]. - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 9.61% due to lower domestic fuel costs[13]. - Basic earnings per share remained at 8.00, attributed to a decrease in domestic fuel costs[13]. - Diluted earnings per share also remained at 8.00, due to the same reason as above[13]. - The company reported a total comprehensive income of CNY 6.96 billion for Q1 2025, compared to CNY 6.14 billion in Q1 2024[39]. - Earnings attributable to shareholders of the parent company in Q1 2025 were CNY 4.97 billion, an increase of 8.2% from CNY 4.60 billion in Q1 2024[38]. Cash Flow and Liquidity - Net cash flow from operating activities reached CNY 17,395,885,484, reflecting a significant increase of 43.26%[7]. - Cash flow from operating activities for Q1 2025 was CNY 17.40 billion, significantly higher than CNY 12.14 billion in Q1 2024, representing a 43.3% increase[42]. - Cash inflow from financing activities increased significantly to 49,211,319,443 in Q1 2025, up from 36,963,718,131 in Q1 2024, representing an increase of 33.5%[44]. - Cash outflow for debt repayment was 47,102,956,322 in Q1 2025, compared to 31,838,222,006 in Q1 2024, reflecting a 47.9% increase[44]. - The net increase in cash and cash equivalents for Q1 2025 was 3,954,444,187, compared to 4,324,088,804 in Q1 2024, showing a decline of 8.5%[44]. - The ending balance of cash and cash equivalents reached 22,555,550,463 in Q1 2025, up from 20,474,723,636 in Q1 2024, marking an increase of 10.2%[44]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 588,492,644,964, representing a slight increase of 0.28% from the end of the previous year[8]. - Total liabilities decreased to RMB 378.58 billion from RMB 383.79 billion, indicating a reduction of approximately 1.3%[32]. - Current assets totaled RMB 96.80 billion, compared to RMB 96.30 billion in the previous period, reflecting a growth of approximately 0.52%[29]. - The company's total non-current assets reached RMB 491.69 billion, slightly up from RMB 490.54 billion, indicating a growth of about 0.23%[30]. - The company's total liabilities and equity amounted to CNY 588.49 billion, slightly up from CNY 586.84 billion in the previous period[36]. Shareholder Information - Shareholders' equity attributable to the parent company increased to CNY 141,852,976,940, a rise of 3.23%[8]. - The company reported a total of 5,066,662,118 shares held by Huaneng International Power Development Company, making it the largest shareholder[25]. - The total equity of the company remains stable, with no significant changes reported in the ownership structure among the top shareholders[25]. Operational Efficiency - The company reported a decrease in operating costs to CNY 48.84 billion in Q1 2025 from CNY 54.86 billion in Q1 2024, improving operational efficiency[38]. - Cash flow from operating activities increased by 43.26% due to a decrease in fuel procurement expenses[20]. - Total profit from the coal-fired power segment increased by 40.96% compared to the same period last year[22]. Investment and R&D - Research and development expenses for Q1 2025 were CNY 234.95 million, up from CNY 205.86 million in Q1 2024, indicating a focus on innovation[38]. - Investment income rose by 37.63% mainly due to increased profits from joint ventures[20]. - The company received cash from investment income amounting to 935,752 in Q1 2025, a significant increase from 9,581,747 in Q1 2024, indicating a growth of 9.8%[43].

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。 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。 承董事會命 華能國際電力股份有限公司 黃朝全 公司秘書 於 本 公 告 日，本 公 司 董 事 為： 王 葵 （執 行 董 事） 黃歷新 （執 行 董 事） 杜大明 （非 執 行 董 事） 周 奕 （非 執 行 董 事） 李來龍 （非 執 行 董 事） 曹 欣 （非 執 行 董 事） 丁旭春 （非 執 行 董 事） 王劍鋒 （非 執 行 董 事） 中 國 • 北 京 夏 清 （獨 立 非 執 行 董 事） 賀 強 （獨 立 非 執 行 董 事） 張麗英 （獨 立 非 執 行 董 事） 張守文 （獨 立 非 執 行 董 事） 黨 英 （獨 立 非 執 行 董 事） 2025年4月29日 证券代码: 600011 证券简称: 华能国际 公告编号: 20 ...

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。 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。 承董事會命 華能國際電力股份有限公司 黃朝全 公司秘書 於 本 公 告 日，本 公 司 董 事 為： 王 葵 （執 行 董 事） 黃歷新 （執 行 董 事） 杜大明 （非 執 行 董 事） 周 奕 （非 執 行 董 事） 李來龍 （非 執 行 董 事） 曹 欣 （非 執 行 董 事） 丁旭春 （非 執 行 董 事） 王劍鋒 （非 執 行 董 事） 中 國 • 北 京 夏 清 （獨 立 非 執 行 董 事） 賀 強 （獨 立 非 執 行 董 事） 張麗英 （獨 立 非 執 行 董 事） 張守文 （獨 立 非 執 行 董 事） 黨 英 （獨 立 非 執 行 董 事） 2025年4月29日 证券代码: 600011 证券简称: 华能国际 公告编号: 20 ...

华能国际（600011）公告，2025年第一季度营收为603.35亿元，同比下降7.70%；净利润为49.73亿元， 同比增长8.19%。 ...

Core Viewpoint - The State Council of China has approved five new nuclear power projects, indicating a significant step in the country's nuclear energy development strategy [1][2]. Group 1: Project Details - The approved projects include the Zhejiang Sanmen Phase III, Fujian Xiapu Units 1 and 2, Shandong Haiyang Phase III, Guangdong Taishan Phase II, and Guangxi Fangchenggang Phase III, contributing to a total nuclear power capacity exceeding 120 million kilowatts [1][2]. - The Taishan and Fangchenggang projects are under China General Nuclear Power Group, with Taishan featuring two EPR units and Fangchenggang utilizing the "Hualong One" technology for its new units [1][2]. - The Sanmen project in Zhejiang plans to build six units with a total capacity of 7.4 million kilowatts, while the Xiapu project in Fujian will have five units with a total investment exceeding 110 billion yuan [2]. Group 2: Industry Impact - The nuclear power sector is expected to significantly reduce coal consumption and carbon emissions, with projections indicating a reduction of approximately 14 million tons of coal and 37 million tons of CO2 emissions in 2024 [3]. - China aims to enhance its nuclear safety culture and adhere to the highest global safety standards in nuclear power operations, ensuring the safety and efficiency of its nuclear projects [3]. - The government is also focusing on the development of advanced nuclear technologies, including fourth-generation reactors and small modular reactors, to optimize energy structure and address climate change [3].

Core Viewpoint - The Shanghai Composite Index opened lower and fluctuated, with the CSI 300 Utilities Index reported at 2638.18 points, reflecting a 3.14% increase over the past month, a 4.64% increase over the past three months, and a 2.53% decline year-to-date [1] Group 1: Index Performance - The CSI 300 Utilities Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries, providing a comprehensive analysis tool for investors [1] - The index is based on a sample of 300 stocks from the CSI 300, with a base date of December 31, 2004, and a base point of 1000.0 [1] Group 2: Index Holdings - The top ten weights in the CSI 300 Utilities Index are: - Changjiang Electric Power (48.17%) - China Nuclear Power (10.24%) - Three Gorges Energy (8.19%) - Guodian Power (5.45%) - State Power Investment (4.79%) - Sichuan Investment Energy (4.38%) - Huaneng International (4.21%) - China General Nuclear Power (3.7%) - Zhejiang Energy Power (3.12%) - Huadian International (2.67%) [1] Group 3: Market Composition - The market composition of the CSI 300 Utilities Index shows that the Shanghai Stock Exchange accounts for 95.94%, while the Shenzhen Stock Exchange accounts for 4.06% [2] - In terms of industry composition, hydropower constitutes 59.60%, thermal power 15.45%, nuclear power 13.94%, wind power 8.55%, and gas power 2.46% [2] Group 4: Sample Adjustment - The index samples are adjusted biannually, with adjustments implemented on the next trading day following the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the CSI 300 Index samples or special events affecting sample companies [2]