New Stock Offerings - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) announced significant trading activity on September 3, 2025[1] Market Volatility - Kaipu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) experienced significant trading activity on August 30, 2025[1] - ST Chuntian (600381) had notable trading activity on September 3, 2025[1] Other Notable Announcements - ST Er Ya (600107) reported trading activity on September 3, 2025[1] - Shanghai Electric Power (600021) had significant trading activity on September 3, 2025[1] - ST Gao Hong (000851) reported trading activity on September 3, 2025[1]

（编辑 姚尧） 证券日报网讯 9月2日晚间，上海电力发布公告称，公司股票于2025年8月29日、9月1日和9月2日连续三 个交易日收盘价格涨幅偏离值累计达20%，构成股票交易异常波动。经公司自查并向控股股东核实，截 至本公告披露日，不存在涉及本公司的应披露而未披露导致股价异常波动的事项，包括但不限于涉及本 公司的重大资产重组、重大交易、业务重组、股份回购等重大事项。 ...

Core Viewpoint - Shanghai Electric Power Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 20% over three consecutive trading days, triggering abnormal trading conditions as per Shanghai Stock Exchange regulations [1][2]. Group 1: Stock Trading Abnormality - The company's stock price increased by a cumulative deviation of 20% on August 29, September 1, and September 2, 2025, which constitutes an abnormal trading situation according to the Shanghai Stock Exchange rules [1]. - The company conducted a self-examination and confirmed that there are no undisclosed matters that could have led to the stock price fluctuation, including major asset restructuring, significant transactions, or share buybacks [2]. Group 2: Company Operations and Confirmations - The company reported that its production and operational activities are normal, with no undisclosed significant information [2]. - The company confirmed with its controlling shareholder, State Power Investment Corporation, that there are no undisclosed matters affecting the stock price [2]. - No media reports or market rumors were found that could significantly impact the stock trading price [2]. Group 3: Board of Directors' Statement - The Board of Directors confirmed that there are no undisclosed matters that should have been reported according to the Shanghai Stock Exchange listing rules, and no corrections or supplements are needed for previously disclosed information [2].

证券简称：上海电力 证券代码：600021 编号：临 2025-081 上海电力股份有限公司 关于股票交易异常波动的公告 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。 重要内容提示 ◆上海电力股份有限公司（以下简称"本公司"或"公司"）股票于 2025 年 8 月 29 日、9 月 1 日和 9 月 2 日连续三个交易日收盘价格涨幅偏离值累计达 20%，构 成《上海证券交易所交易规则》规定的股票交易异常波动情况。 ◆经公司自查并向控股股东核实，截至本公告披露日，不存在涉及本公司的应 披露而未披露导致股价异常波动的事项，包括但不限于涉及本公司的重大资产重组、 重大交易、业务重组、股份回购等重大事项。 ◆敬请广大投资者理性投资，注意投资风险。 或市场传闻。 一、股票交易异常波动的具体情况 公司股票于 2025 年 8 月 29 日、9 月 1 日和 9 月 2 日连续三个交易日收盘价格 涨幅偏离值累计达 20%，构成《上海证券交易所交易规则》规定的股票交易异常波 动情况。 二、公司关注并核实的相关情况 （一）经公司自查，公司目前 ...

Core Viewpoint - Shanghai Electric (600021) announced that its stock has experienced an abnormal fluctuation, with a cumulative increase of 20% over three consecutive trading days, indicating unusual trading activity [1] Group 1: Stock Performance - The cumulative increase in Shanghai Electric's stock price over three trading days reached 20%, which is classified as an abnormal fluctuation in stock trading [1] Group 2: Major Asset Purchase - The major asset purchase involving K-Electric Limited shares held by KES Power Ltd. has not yet been completed [1] - Due to the failure to meet transaction conditions, the company is considering terminating the transaction and is organizing relevant parties to discuss the matter [1]

Group 1 - The core point of the announcement is that Shanghai Electric (600021.SH) has confirmed there are no undisclosed matters that could have led to abnormal stock price fluctuations, including major asset restructuring, significant transactions, business reorganizations, or share buybacks [1] Group 2 - The company conducted a self-examination and verified with its controlling shareholder regarding the stock price volatility [1] - The announcement serves to clarify the situation to investors and the market, ensuring transparency [1]

Market Overview - The electricity sector increased by 1.16% on the previous trading day, with Jingyuntong leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Top Gainers in the Electricity Sector - Jingyuntong (601908) closed at 4.24, up 10.13% with a trading volume of 1.4255 million shares and a turnover of 595 million yuan [1] - Huami Environmental (600475) closed at 23.86, up 10.00% with a trading volume of 207,600 shares [1] - Shanghai Electric (600021) closed at 18.52, up 9.98% with a trading volume of 456,100 shares [1] - Zhaoxin Co., Ltd. (002256) closed at 3.89, up 9.89% with a trading volume of 1.6134 million shares [1] - Jiawei New Energy (300317) closed at 4.45, up 7.49% with a trading volume of 1.507 million shares [1] Top Losers in the Electricity Sector - Guang'an Aizhong (600979) closed at 5.06, down 7.16% with a trading volume of 1.0625 million shares [2] - Yunnan Energy Investment (002053) closed at 13.91, down 3.87% with a trading volume of 377,100 shares [2] - Hengtong Optic-Electric (600226) closed at 3.71, down 3.13% with a trading volume of 2.2006 million shares [2] Capital Flow Analysis - The electricity sector saw a net inflow of 836 million yuan from institutional investors, while retail investors experienced a net outflow of 136 million yuan [2] - Major stocks like Changjiang Electric (600900) had a net inflow of 603 million yuan from institutional investors, while retail investors had a net outflow of 321 million yuan [3] - Jingyuntong (601908) had a net inflow of 207 million yuan from institutional investors, but a significant net outflow of 128 million yuan from retail investors [3]

Group 1 - The stock price of Shanghai Electric (SH:600021) reached its daily limit, closing at 18.52 yuan, with an increase of 9.98% [1] - The total market capitalization of Shanghai Electric is 52.166 billion yuan [1] - The stock had previously hit the daily limit in the prior trading day [1]

Group 1 - Several stocks including Jingyuntong, Luxiao Technology, Huaguang Huaneng, and Shanghai Electric have reached the daily limit up [1] - Other companies such as Jidian Co., Datang Power, Huayin Electric, and Longyuan Power have also seen increases in their stock prices [1]

Group 1 - The China Securities Index for Public Utilities (000995) increased by 0.89% as of September 2, 2025, with notable gains from Shanghai Electric (600021) up 9.98%, Jilin Electric Power (000875) up 5.98%, and Huaneng Hydropower (600025) up 2.32% [1] - In July, the total electricity consumption in China reached 10,226 billion kilowatt-hours, marking an 8.6% year-on-year increase, with monthly consumption surpassing 1 trillion kilowatt-hours for the first time, indicating strong demand [1] - Dongguan Securities highlighted that the first and third industries, along with urban and rural residential electricity consumption, experienced rapid growth, while the average price of thermal coal decreased year-on-year, benefiting the profitability of thermal power companies [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities Index for Public Utilities (000995) include Yangtze Power (600900), China Nuclear Power (601985), and Three Gorges Energy (600905), collectively accounting for 56.01% of the index [2]