2025年华电新能、南网数字先后登陆上交所主板、深交所创业板后，国家电网、南方电网、中国华能、中国华电、国家能源集团、中国大唐和国家电投七 大央企控股的A股上市公司数量增至37家，平均下来每家央企拥有5家还多。 上述央企之中，国家电网和中国华电控股的A股上市公司数量最多，均为7家，原来只控股南网储能和南网能源的南方电网最少，目前随着南网科技、南 网数字的上市，控股上市公司数量增至4家。 因内部结构调整、到龄退休等因素，2025年两网、五大发电控股的上市公司管理层调整也较为密集。据"草根光伏"整理的信息，七大电力央企控股30家上 市公司有人事变动，涉及高管职务调整达131人次。其中，12家上市公司董事长变动，8家上市公司总经理调整。 | | | | 两网、五大发电上市公司董事长、总经理职务调整一览 1e | | ર્દ | | --- | --- | --- | --- | --- | --- | | 公司名称 | 时间<> | 股票代码( | 母公司。 | 人事调整详情( | ્દ | | 西昌电力( | 1月16日4 | 600505 | 国家电网( | 林明星申请辞去董事长、董事( | ← | | | 1 ...

12月19日，上海电力盘中上涨2.04%，截至11:05，报19.49元/股，成交5.04亿元，换手率0.92%，总市值 549.85亿元。 资金流向方面，主力资金净流入2943.69万元，特大单买入4593.52万元，占比9.12%，卖出3580.47万 元，占比7.11%；大单买入1.18亿元，占比23.40%，卖出9855.09万元，占比19.57%。 上海电力今年以来股价涨119.24%，近5个交易日跌3.90%，近20日跌18.79%，近60日跌1.22%。 今年以来上海电力已经7次登上龙虎榜，最近一次登上龙虎榜为10月10日。 上海电力所属申万行业为：公用事业-电力-火力发电。所属概念板块包括：清洁能源、绿色电力、央企 改革、超超临界发电、证金汇金等。 截至9月30日，上海电力股东户数18.95万，较上期增加31.64%；人均流通股14884股，较上期减少 18.12%。2025年1月-9月，上海电力实现营业收入321.54亿元，同比减少1.26%；归母净利润30.50亿元， 同比增长24.04%。 分红方面，上海电力A股上市后累计派现68.21亿元。近三年，累计派现14.51亿元。 机构持仓方面 ...

Group 1 - The fourth extraordinary general meeting of Shanghai Electric Power Co., Ltd. was held on December 16, 2025, at Shanghai Tiancheng Hotel [2] - The meeting was chaired by independent director Mr. Zhou Zhiyan, with attendance from one of the 13 current directors and key management personnel [3][4] - The meeting adopted resolutions for financing and auditing, including a proposal for perpetual trust financing not exceeding 4.2 billion yuan [5] Group 2 - The meeting confirmed that there were no rejected resolutions and all voting procedures complied with legal and regulatory requirements [2][5] - The law firm Shanghai Dongfang Huayin Law Firm provided legal witness services, confirming the legality and validity of the meeting's proceedings [6]

证券日报网讯 12月16日晚间，上海电力发布公告称，公司2025年第四次临时股东会审议通过《关于开 展不超过42亿元永续信托融资的议案》等。 （文章来源：证券日报） ...

上海东方华银律师事务所 关于上海电力股份有限公司 2025 年第四次临时股东会的法律意见书 致：上海电力股份有限公司 上海东方华银律师事务所（以下简称"本所"）接受上海电力股份有限公司 （以下简称"贵司"或"公司"）委托，就贵司召开 2025 年第四次临时股东会 的有关事宜，根据《中华人民共和国公司法》《上市公司股东会规则》等法律、 法规和其他规范性文件以及《上海电力股份有限公司章程》（以下简称"《公司 章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的本次股东会的相关资料， 包括但不限于公司召开 2025 年第四次临时股东会的通知、公司 2025 年第四次临 时股东会的议程、议案及决议等文件资料，同时听取了公司董事会秘书就有关事 实的陈述和说明。公司已向本所作出保证和承诺，保证公司向本所提供的资料和 文件均为真实、准确、完整，无重大遗漏。 本所律师仅就本法律意见书出具日以前所发生的事实以及本所律师对有关 法律法规的理解发表法律意见。 本法律意见书仅供公司为本次股东会之目的使用，不得用于其他任何目的。 本所同意本法律意见书作为公司本次股东会公告材料，随其他资料一起向社会公 ...

证券代码：600021 证券简称：上海电力 公告编号：2025-120 上海电力股份有限公司 2025年第四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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 3,004 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,687,192,433 | | 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 | 59.8033 | | 份总数的比例（%） | | (一) 股东会召开的时间：2025 年 12 月 16 日 (二) 股东会召开的地点：上海天诚大酒店 8 楼第二会议室（上海市徐家汇路 585 号） (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： (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次大会由公司董事会召集，受公司董事长黄晨先生委托，由公司独立董事 周志炎先生主持。本次会议采用现场表决和网络 ...

Investment Rating - The report maintains an "Outperform" rating for the public utilities and environmental protection sectors [5][7]. Core Views - The "14th Five-Year Plan" emphasizes the construction of an "Energy Power" and the development of hydrogen and fusion energy industries [3][18]. - The central economic work conference highlighted the need for a comprehensive green transition and the establishment of a new energy system [2][16]. Summary by Sections Market Review - The Shanghai Composite Index fell by 0.08%, while the public utilities index decreased by 0.09% and the environmental index dropped by 0.61% [1][15]. - In the electricity sector, thermal power increased by 0.22%, while hydropower decreased by 0.26%, and renewable energy generation rose by 0.93% [1][28]. Important Events - The central economic work conference took place on December 10-11, focusing on energy security and the establishment of a carbon trading market [2][16]. - Yunnan province announced an increase in coal power capacity pricing to 330 RMB per kilowatt per year starting in 2026 [17]. Investment Strategy - Public Utilities: Recommendations include major thermal power companies like Huadian International and Shanghai Electric, as well as leading renewable energy firms such as Longyuan Power and Three Gorges Energy [4][25]. - Environmental Protection: Focus on mature sectors like water and waste incineration, with recommendations for companies like China Everbright Environment and Zhongshan Public Utilities [26]. Key Company Earnings Forecasts - The report provides earnings forecasts for various companies, maintaining an "Outperform" rating for firms such as China Nuclear Power and China General Nuclear Power [7][8]. Industry Dynamics - The report discusses the transition from an "energy power" to an "energy strong country," emphasizing supply security, ecological low-carbon initiatives, and technological innovation [3][19][22].

Investment Rating - The report maintains an "Outperform" rating for the public utilities and environmental protection sectors [5][7]. Core Views - The "14th Five-Year Plan" emphasizes the construction of an "Energy Powerhouse," focusing on the development of hydrogen and fusion energy industries [3][18]. - The central economic work conference highlighted the need for a comprehensive green transition and the establishment of a new energy system [2][16]. - The report suggests that the energy system in China is transitioning from an "energy power" to an "energy powerhouse," with increased demands for supply security, ecological sustainability, technological innovation, and modern governance [3][19][21]. Summary by Sections Market Review - The Shanghai Composite Index fell by 0.08%, while the public utilities index decreased by 0.09% and the environmental index dropped by 0.61% [1][15]. - In the electricity sector, thermal power increased by 0.22%, while hydropower decreased by 0.26%, and renewable energy generation rose by 0.93% [1][15]. Important Events - The central economic work conference took place on December 10-11, focusing on energy security and the establishment of a carbon trading market [2][16]. - Yunnan province announced an increase in coal power capacity pricing to 330 RMB per kilowatt per year starting in 2026 [17]. Investment Strategy - Recommendations include major thermal power companies like Huadian International and Shanghai Electric, as well as leading renewable energy firms such as Longyuan Power and Three Gorges Energy [4][25]. - The report also highlights opportunities in the water and waste incineration sectors, suggesting investments in companies like China Everbright Environment and Zhongshan Public Utilities [26]. Key Company Earnings Forecasts - The report provides earnings forecasts for various companies, indicating a stable outlook for nuclear power operators like China Nuclear Power and China General Nuclear Power [4][25]. - It also emphasizes the defensive attributes of hydropower stocks in a global interest rate decline environment, recommending companies like Yangtze Power [4][25]. Industry Key Data Overview - In October, the industrial electricity production increased by 7.9% year-on-year, with total electricity consumption reaching 774.2 billion kilowatt-hours, a 4.3% increase [49][55]. - The cumulative installed power generation capacity reached 3.75 billion kilowatts, with solar power capacity growing by 43.8% year-on-year [73].

Core Points - Shanghai Electric Power Co., Ltd. issued the 20th phase of ultra-short-term financing bonds for the year 2025 on December 9, 2025 [2] - The funds raised from this bond issuance will primarily be used to repay maturing bonds [2] Group 1 - The bond issuance was conducted through a book-building and centralized allocation method in the national interbank bond market [2] - The company’s board of directors guarantees the truthfulness, accuracy, and completeness of the announcement [1]

国银金租(01606)发布公告，公司作为资产受让方与(i)资产出让方中国电建（601669）集团租赁有限公 司;(ii)承租人宁夏达新新能源有限公司;及(iii)上海电力（600021）于2025年12月10日订立资产转让协 议，据此，资产出让方同意将融资租赁合同项下的租赁物所有权、应收租赁款债权、所有担保权益以及 资产出让方在融资租赁合同下需承担的全部相关义务转让给公司，公司同意受让该等资产及相关权利义 务，并向资产出让方及上海电力支付人民币10亿元的转让对价。 转让标的包括融资租赁合同项下的租赁物所有权、应收租赁款债权、所有担保权益以及资产出让方在融 资租赁合同下需承担的全部相关义务。租赁物为位于中国宁夏回族自治区吴忠市的光伏电站设备及设施 资产。转让标的的总价值合计约为人民币10亿元，乃依据转让标的实际建造成本，并经公司内部评估流 程后确定。 资产转让协议乃由公司于一般及日常业务过程中订立。订立资产转让协议有益于增加公司融资租赁业务 收入，符合公司业务发展策略。 ...