二〇二五年第三次临时股东会 会议资料 二○二五年十月 2025 年第三次临时股东会 会议资料 现场会议开始时间：2025 年10 月13 日（周一） 下午14 时整 网络投票起止时间：自2025 年10 月13 日 至2025 年10 月13 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间 为股东会召开当日的交易时间段，即9:15-9:25,9:30-11:30，13:00-15:00； 通过互联网投票平台的投票时间为股东会召开当日的9:15-15:00。 现场会议地点：上海天诚大酒店 8 楼第二会议室 （上海市徐家汇路 585 号） 1 2025 年第三次临时股东会 会议资料 资 料 目 录 | 一、会 议 | 议 程 1 | | --- | --- | | | 二、关于终止并核销巴基斯坦 KE 公司股权收购事项的议案 2 | | | 三、关于修订《上海电力股份有限公司章程》的议案 7 | | 附件 | 1：《上海电力股份有限公司章程》修订对比表 8 | | 附件 | 2：《上海电力股份有限公司章程》（修订稿） 9 | 2025 年第三次临时股东会 会议资料 会 议 议 程 大会主持人宣 ...

Core Points - Shanghai Electric Power Co., Ltd. plans to acquire 66.40% of K-Electric Limited from KES POWER LTD. for a cash consideration of $1.77 billion, with potential additional rewards not exceeding $27 million based on the target company's performance [1] - The acquisition constitutes a major asset restructuring and does not involve issuing shares, nor does it lead to changes in the controlling shareholder or actual controller of the company [1] - On September 9, 2025, the company decided to terminate the acquisition of K-Electric Limited [1] Self-Inspection Summary - The self-inspection covered insider trading activities of the company and its board members, senior management, and related personnel during the period from March 9, 2025, to September 9, 2025 [2] - The independent financial advisor, Guotai Junan Securities, engaged in trading activities of Shanghai Electric's stock during the self-inspection period [3][4] Self-Inspection Findings - Guotai Junan Securities held 714,100 shares of Shanghai Electric during the self-inspection period [3] - The company established strict information barriers to prevent insider trading and confirmed that the trading activities were not related to the termination of the acquisition [5] Conclusion of Self-Inspection - The self-inspection concluded that the trading activities of the relevant insiders did not constitute insider trading, and no other related parties engaged in trading during the self-inspection period [6][7][8]

Core Viewpoint - Shanghai Electric Power Co., Ltd. has decided to terminate the major asset purchase of K-Electric Limited, which was initially planned to acquire 66.40% of the company's shares for a cash consideration of $1.77 billion, along with potential performance bonuses not exceeding $27 million [1][2]. Group 1: Termination of Asset Purchase - The Board of Directors approved the termination of the acquisition of K-Electric Limited during the ninth board meeting held on September 9, 2025 [2]. - The termination of the transaction is in compliance with relevant regulations and does not involve share issuance or related party transactions, nor does it change the controlling shareholder or actual controller of the company [1][2]. Group 2: Self-Inspection Report - A self-inspection was conducted regarding the trading activities of insiders related to the terminated transaction, covering the period from March 9, 2025, to September 9, 2025 [2][6]. - The self-inspection included various parties such as the company's directors, senior management, major shareholders, and related personnel [3]. Group 3: Trading Activities - Guotai Junan Securities Co., Ltd., the independent financial advisor for the transaction, engaged in trading Shanghai Electric Power shares during the self-inspection period, holding 714,100 shares [4][5]. - The company stated that its trading activities were compliant with regulations and did not constitute insider trading related to the termination of the asset purchase [5][7]. Group 4: Conclusion of Self-Inspection - The self-inspection concluded that the trading activities of the relevant insiders did not constitute insider trading, and no other related parties engaged in trading during the inspection period [6][8].

专项核查意见 上海东方华银律师事务所 中国•上海 二〇二五年九月 上海东方华银律师事务所 关于 上海电力股份有限公司 终止重大资产购买事项 相关主体买卖股票情况自查报告 之 上海东方华银律师事务所 关于上海电力股份有限公司 终止重大资产购买事项的 相关主体买卖股票情况自查报告之 专项核查意见 致：上海电力股份有限公司 上海电力股份有限公司（以下简称"公司""上市公司"或"上海电力"） 拟以现金方式收购KES POWER LTD.持有的K-ELECTRIC LIMITED（以下简称 "KE公司"）18,335,542,678股，占KE公司总发行股本的66.40%，可支付对价为 17.70亿美元，并视标的公司经营情况给予交易对方或其指定方奖励金合计不超 过0.27亿美元（以下简称"本次重大资产购买"或"本次交易"）。2025年9月9 日，上海电力召开第九届董事会第五次会议，审议通过了《关于终止并核销巴基 斯坦KE公司股权收购事项的议案》，同意终止本次重大资产购买事项。上海东 方华银律师事务所（以下简称"本所"）受上海电力委托，指派经办律师担任本 次重大资产购买终止事项相关主体买卖股票情况专项核查的法律顾问。 本所 ...

国泰海通证券股份有限公司 关于上海电力股份有限公司终止重大资产购买事项 相关主体买卖股票情况的自查报告之专项核查意见 2025年9月9日，公司召开第九届董事会第五次会议，审议通过了《关于终止 并核销巴基斯坦KE公司股权收购事项的议案》，同意公司终止本次重大资产购 买事项。 国泰海通证券股份有限公司（以下简称"国泰海通""独立财务顾问"）接 受上海电力的委托，担任公司本次重大资产购买的独立财务顾问。根据《上市公 司重大资产重组管理办法》《上海证券交易所上市公司自律监管指引第6号—— 重大资产重组》《监管规则适用指引——上市类第1号》等相关法律、法规及规 范性文件的规定，对上海电力终止本次交易事项相关主体买卖上市公司股票情况 进行了核查，具体如下： 一、自查对象范围和自查期间 本次交易的内幕信息知情人自查范围包括： 1、上市公司及其董事、高级管理人员、相关知情人员； 2、上市公司控股股东及其董事、高级管理人员、相关知情人员； 1 3、交易对方及相关知情人员； 上海电力股份有限公司（以下简称"上海电力""上市公司""公司"）拟 以现金方式收购KES POWER LTD.持有的K-ELECTRIC LIMITED（以 ...

证券简称：上海电力 证券代码：600021 编号：临 2025-092 上海电力股份有限公司 关于终止重大资产购买事项相关主体 买卖股票情况的自查报告的公告 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。 上海电力股份有限公司（以下简称"上海电力""上市公司""公司"）拟 以现金方式收购 KES POWER LTD.持有的 K-ELECTRIC LIMITED（以下简称"KE 公 司"）18,335,542,678 股，占 KE 公司总发行股本的 66.40%，可支付对价为 17.70 亿美元，并视标的公司经营情况给予交易对方或其指定方奖励金合计不超过 0.27 亿美元（以下简称"本次重大资产购买""本次交易"）。本次交易构成 重大资产重组，不涉及发行股份，不构成关联交易、重组上市，亦不会导致公司 控股股东和实际控制人发生变更。 2025 年 9 月 9 日，公司召开第九届董事会第五次会议，审议通过了《关于 终止并核销巴基斯坦 KE 公司股权收购事项的议案》，同意公司终止本次重大资 产购买事项。具体情况详见公司披露的《上海电力 ...

Core Viewpoint - The Shanghai Electric Power Company has announced the postponement of its third extraordinary general meeting of shareholders originally scheduled for September 26, 2025, to October 13, 2025, due to adjustments in work arrangements [2][3]. Group 1: Meeting Details - The new date and time for the postponed meeting is October 13, 2025, at 14:00 [3]. - The original meeting date was September 26, 2025, and the equity registration date remains unchanged [2][3]. - The agenda for the postponed meeting will remain the same as previously announced [2]. Group 2: Voting Information - Online voting will be available from October 13, 2025, with specific time slots for trading system voting from 9:15-9:25, 9:30-11:30, and 13:00-15:00 [3]. - Internet voting will be open from 9:15 to 15:00 on the day of the meeting [3]. Group 3: Additional Information - No gifts will be distributed at the meeting, and attendees are responsible for their own food, accommodation, and transportation costs [4]. - Contact information for inquiries includes representatives Liao Wenjing and Fan Jingyun, with a contact number provided [5][6].

证券代码：600021 证券简称：上海电力 公告编号：2025-091 关于2025年第三次临时股东会的延期公告 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： 会议延期后的召开时间：2025 年 10 月 13 日 一、 原股东会有关情况 1. 原股东会的类型和届次 2025年第三次临时股东会 上海电力股份有限公司 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 600021 | 上海电力 | 2025/9/19 | 二、 股东会延期原因 公司于 2025 年 9 月 10 日披露了《上海电力股份有限公司关于召开 2025 年 第三次临时股东会的通知》。现因工作安排调整，公司决定将 2025 年第三次临时 股东会延期至 2025 年 10 月 13 日 14 点召开。延期召开的股东会股权登记日不变， 2. 原股东会召开日期：2025 年 9 月 26 日 3. 原股东会股权登记日 审议事项不变，本次股东会的延期召开符合有关法律、法 ...

Group 1 - Shanghai Electric Power's stock price dropped by 5.04% to 18.67 CNY per share, with a trading volume of 2.007 billion CNY and a turnover rate of 3.69%, resulting in a total market capitalization of 52.589 billion CNY [1] - The company, established on June 4, 1998, and listed on October 29, 2003, is primarily engaged in power generation, heating, and electricity services, with revenue composition of 92.90% from electricity, 5.49% from heating, and 1.61% from other services [1] Group 2 - Among the top ten circulating shareholders of Shanghai Electric Power, a fund under Southern Fund increased its holdings in the Southern CSI 500 ETF (510500) by 2.9551 million shares in the second quarter, bringing the total to 20.9028 million shares, which accounts for 0.8% of circulating shares [2] - The Southern CSI 500 ETF (510500), established on February 6, 2013, has a latest scale of 113.438 billion CNY, with a year-to-date return of 27.85% and a one-year return of 62.69% [2] - The fund manager, Luo Wenjie, has a cumulative tenure of 12 years and 158 days, with the fund's total asset scale at 138.999 billion CNY, achieving a best return of 145.85% and a worst return of -47.6% during his tenure [2]

Core Insights - The China Securities National New State-Owned Enterprise Modern Energy Index has decreased by 0.80% as of September 23, 2025, with mixed performance among constituent stocks [3] - The National Energy Administration and other departments have issued guidelines aiming for significant advancements in the energy equipment industry by 2030, focusing on self-sufficiency, high-end, intelligent, and green development [3][4] Market Performance - The top-performing stocks include Nanshan Energy, which rose by 6.16%, and XJ Electric, which increased by 2.50%, while China Rare Earth fell by 5.75% [3] - The Central State-Owned Enterprise Modern Energy ETF (561790) has seen a decline of 0.88%, with a latest price of 1.13 yuan, but has accumulated a 6.55% increase over the past three months [3] Trading Activity - The trading volume for the Central State-Owned Enterprise Modern Energy ETF was 30.02 million yuan with a turnover rate of 0.7% [3] - The average daily trading volume over the past year for the ETF was 628.85 million yuan [3] Industry Outlook - Experts emphasize the necessity of new energy infrastructure to support the construction of a new energy system, including low-carbon transformation of coal power and improvements in energy storage systems [4] - The index tracks 50 listed companies involved in modern energy sectors, with the top ten stocks accounting for 48.28% of the index [4]