Summary of the Conference Call Company Overview - The conference call is hosted by Kebian Electronics Co., Ltd., located in Changji, Xinjiang, as part of an initiative by the Shanghai Stock Exchange to enhance investor relations and improve management levels of listed companies [1]. Core Points and Arguments - The event aims to provide investors with deeper insights into listed companies, indicating a focus on transparency and communication within the capital market ecosystem [1]. - The Zhongzheng Small and Medium Investors Service Center is actively involved in organizing activities to facilitate better engagement between listed companies and investors [1]. Additional Important Content - The initiative is part of a broader strategy to build a robust capital market ecosystem, highlighting the importance of investor relations in the growth and sustainability of listed companies [1].

特变电工股份有限公司 证券代码：600089 证券简称：特变电工 公告编号：临 2024-057 特变电工股份有限公司董事及高级管理人员股份变 动不超过 668,960 股的公告 本公司董事会、全体董事及相关股东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： 董事、高级管理人员持股的基本情况：截至本公告披露日，公司董事、 副总经理胡南持有公司股份 868,937 股，占公司总股本的 0.01720%；公司副总 经理胡有成持有公司股份 940,734 股，占公司总股本的 0.01862%；公司副总经 理吴微持有公司股份 888,672 股，占公司总股本的 0.01759%。 减持计划的主要内容：自公告之日起 15 个交易日后的 3 个月内，胡南、 胡有成和吴微拟通过集中竞价方式分别减持其所持公司股份不超过 217,234 股、 229,558 股、222,168 股，均未超过其所持公司股份总数的 25%。上述股东合计 拟减持数量不超过 668,960 股（占公司总股本的 0.01324%），减持价格按照减持 实施时的市场价格确定。若在 ...

Group 1: Company Performance and Financials - The company reported a loss of approximately 1.2 billion CNY in the polysilicon business during the first half of the year, significantly impacting overall performance [1] - Revenue from the coal business in the first half of 2024 was 9.333 billion CNY [6] - The company achieved a 100% increase in inverter product deliveries, reaching approximately 7 GW in the first half of 2024 compared to the same period last year [7] Group 2: International Expansion and Market Presence - The company has established over 100 offices abroad to expand its international market presence, including a high-voltage transformer production base in India and a gold production base in Tajikistan [1] - In the first half of 2024, the overseas contract amount reached 675 million USD, a 96% increase year-on-year, with international orders for power transmission and transformation products growing by 73% [3] - The company is involved in power planning and construction in over 30 countries, including Tajikistan, Kyrgyzstan, the Philippines, and Kenya [7] Group 3: Product and Market Strategy - The company’s transformer products have a gross profit margin of approximately 20%-30%, higher than conventional transformers [5] - The company plans to enhance polysilicon production quality and increase the proportion of N-type silicon materials to improve competitiveness and profitability [5] - The company is focusing on digitalization and smart upgrades in its production facilities to support continuous growth in power transmission and transformation products [8] Group 4: Challenges and Future Outlook - The company faces challenges due to significant price drops in polysilicon products, which have affected profitability compared to the previous year [2] - The company aims to overcome industry difficulties by improving quality, reducing costs, and increasing efficiency, while also expanding its advantageous industries [2] - The average borrowing rate for the company is around 3%, with a total interest-bearing debt of 40.4 billion CNY, of which 87% is long-term loans [3]

Group 1: Performance Overview - In the first half of 2024, the company's revenue reached 47.8 billion yuan, a decrease of 4.5% compared to the same period last year [3] - The company achieved a high-purity polysilicon production of 146,500 tons, with sales of 136,800 tons, representing a year-on-year increase of 92.55% and 58.86% respectively [2] - The company aims for a total revenue target of 100 billion yuan and a cost target of 80 billion yuan for the year [3] Group 2: Order Growth and Market Performance - The domestic market signed contracts for power transmission and transformation, with a growth of over 20% in the first half of 2024, including a nearly 25% increase in transformer contracts and an 18% increase in wire and cable contracts [1] - The overseas product export contract amount increased by over 95% compared to the same period last year [1] - The company has secured contracts for high-voltage projects in Brazil and Saudi Arabia, amounting to approximately 2.7 billion yuan [5] Group 3: Production and Cost Management - The average cash cost of high-purity polysilicon was approximately 42,000 yuan/ton in the first half of the year, with plans to reduce it to below 40,000 yuan/ton after ongoing upgrades [2] - The overall operating rate for polysilicon production is currently between 25%-30% due to maintenance at certain production bases [2] - The company is focusing on cash flow preservation and loss reduction strategies amid declining market prices [2] Group 4: Coal Production and Sales - The company’s coal production and sales volume was approximately 40 million tons in the first half of the year, remaining stable compared to last year [4] - The company has expanded its coal sales to over 10 provinces outside Xinjiang, with a nearly 18% increase in sales compared to the previous year [4] - The company is actively working on improving transportation capacity for coal exports [8] Group 5: Future Outlook and Strategic Initiatives - The company is optimistic about achieving growth in the power transmission and transformation sector in the second half of the year, which is expected to be a peak delivery period [3] - The company plans to enhance its production capacity and efficiency through technological upgrades and cost reduction initiatives [6] - The company is committed to expanding its presence in the renewable energy sector, particularly in photovoltaic and inverter technologies [9]

T&P 新疆天阳律师事务所 特变电工 2024年第二次临时股东大会 新疆天阳律师事务所 关于特变电工股份有限公司 2024 年第二次临时股东大会 法律意见书 天阳证股字[2024]第 26 号 新疆天阳律师事务所 二〇二四年九月 地址:新疆乌鲁木齐市水磨沟区红光山路 888 号绿城广场写字楼 2A 座 7层 T&P 新疆天阳律师事务所 特变电工 2024年第二次临时股东大会 新疆天阳律师事务所 关于特变电工股份有限公司 2024 年第二次临时股东大会 天阳证股字[2024]第26号 致:特变电工股份有限公司 新疆天阳律师事务所(下称"本所")接受特变电工股份有限公司(下 称"公司")的委托,委派本所常娜娜律师、尹杰律师出席公司 2024 年第 二次临时股东大会,根据《中华人民共和国公司法》(下称"《公司法》")、 《中华人民共和国证券法》(下称"《证券法》")、《上市公司股东大会 规则》和《特变电工股份有限公司章程》(下称"《公司章程》"),按照 律师行业公认的业务标准、道德规范和勤勉尽责精神,对有关的文件和事实 进行核查与验证,并出具法律意见。 本所律师已经对公司提供的与本次股东大会有关的文件材料进行了核查 ...

特变电工股份有限公司 证券代码：600089 证券简称：特变电工 公告编号：2024-056 特变电工股份有限公司 2024 年第二次临时股东大会决议公告 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 (一)股东大会召开的时间：2024 年 9 月 4 日 (二)股东大会召开的地点：新疆维吾尔自治区昌吉市北京南路 189 号 21 楼 会议室 (三)出席会议的普通股股东及其持有股份情况： | 1、出席会议的股东和代理人人数（人） | 2,848 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,063,003,563 | | 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份总数的 | 21.1743 | | 比例（%） | | (四)股东大会主持情况及表决方式 本次会议采取现场投票和网络投票相结合的方式召开。公司董事长张新因工 作原因不能主持本次会议，经过半数董事推举由公司董事郭俊香主持本次股东大 会现场会议。 ...

特变电工股份有限公司 证券代码：600089 证券简称：特变电工 公告编号：临 2024-053 特变电工股份有限公司 十届十二次董事会会议决议公告 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。 特变电工股份有限公司于 2024 年 8 月 19 日以电子邮件、送达方式发出召开 公司十届十二次董事会会议的通知，2024 年 8 月 29 日以通讯表决方式召开了公 司十届十二次董事会会议，应当参会董事 11 人，实际收到有效表决票 11 份。会 议召开程序符合有关法律法规和《公司章程》的规定，会议所做决议合法有效。 会议审议通过了以下议案： 一、审议通过了公司 2024 年半年度报告及半年度报告摘要。 该项议案同意票 11 票，反对票 0 票，弃权票 0 票。 公司董事认为并保证：特变电工股份有限公司 2024 年半年度报告及半年度 报告摘要严格按照《公开发行证券的公司信息披露内容与格式准则第 3 号—半年 度报告的内容与格式》《上海证券交易所股票上市规则》《上海证券交易所上市公 司自律监管指南第 2 号——业务办理》附件《第 ...

Financial Performance - TBEA reported a revenue of 15.2 billion CNY for the first half of 2024, representing a year-on-year increase of 12%[9]. - The company's net profit attributable to shareholders reached 1.8 billion CNY, up 15% compared to the same period last year[9]. - The company's operating revenue for the first half of 2023 was CNY 4,779,759.21 million, a decrease of 4.54% compared to the same period last year[14]. - Net profit attributable to shareholders was CNY 303,441.09 million, down 59.46% year-on-year[14]. - The basic earnings per share decreased to CNY 0.6044, representing a decline of 68.77% compared to the previous year[15]. - The company's total revenue from domestic sales decreased by 9.07% to ¥4,115,868.46 million, while overseas sales increased by 42.35% to ¥553,797.74 million[55]. - The company reported a net profit of 294,576.43 million RMB, a decrease of 58.48% compared to the previous year due to a significant drop in the sales price of high-purity polysilicon products[176]. Assets and Liabilities - TBEA's total assets as of June 30, 2024, amounted to 60 billion CNY, reflecting a growth of 8% year-on-year[9]. - The total assets of the company increased to CNY 20,346,764.33 million, reflecting a growth of 6.03% year-on-year[14]. - The company's total assets amounted to CNY 203,467,643,334.73, up from CNY 191,898,316,218.61 at the end of 2023[187]. - The company's total interest-bearing debt increased from 164.21 billion RMB at the beginning of the reporting period to 174.38 billion RMB at the end, representing a year-on-year change of 6.19%[169]. - The total interest-bearing debt structure at the end of the reporting period included 10 billion RMB in corporate bonds and 35 billion RMB in non-financial corporate debt financing instruments[170]. Market Expansion and Strategy - TBEA plans to invest 2 billion CNY in new product development and technology research in the next fiscal year[9]. - The company aims to increase its market share in the international market by 25% over the next three years[9]. - TBEA is focusing on expanding its operations in Southeast Asia, targeting a 30% increase in sales in that region[9]. - The company is committed to expanding its market presence and enhancing its risk management and compliance systems in response to international challenges[89]. Research and Development - The company has established a comprehensive R&D, procurement, production, sales, and after-sales service system across its main business sectors[25]. - R&D expenses increased by 30.08% to ¥67,025.41 million compared to ¥51,527.27 million in the same period last year[52]. - The company’s financial expenses, including interest expenses, rose to approximately ¥676.48 million, compared to ¥492.20 million in the first half of 2023[196]. Environmental Compliance - The company has implemented annual monitoring plans for pollutant emissions, ensuring all pollutants meet national discharge standards[97]. - The company achieved a total emission of 31.77 tons/year for particulate matter, well below the approved limit of 528 tons/year, indicating compliance with environmental standards[98]. - The company has signed contracts for the treatment of industrial solid waste and hazardous waste, adhering to environmental regulations[97]. Risk Management - The company faces macroeconomic risks, including changes in national policies and market supply-demand fluctuations, which could impact profitability[80]. - The company is exposed to foreign exchange risks due to its international operations, with significant revenue and financing in currencies like USD and EUR[82]. - The company is actively managing internationalization risks by conducting comprehensive risk assessments related to political, economic, and legal factors in overseas markets[89]. Shareholder and Stock Options - The company granted 200.04 million stock options under its 2022 stock option incentive plan, with adjustments made to the exercise price and quantity in July 2023[92]. - The total number of shares increased from 5,052,710,023 to 5,052,792,541 due to the issuance of 82,518 new shares[127]. - The company completed the cancellation of 19,292,754 stock options, reducing the number of incentive recipients from 2,002 to 1,915, with a total of 240,759,246 unexercised stock options remaining[93]. Investment and Financing - The company issued unsecured bonds with a total balance of 5.00 billion RMB, with an interest rate of 3.91% for the first tranche maturing on June 19, 2025[144]. - The company has committed to ensuring that cash reserves will be at least 50% of the payment amount 20 trading days before each interest payment and 100% 5 trading days before the redemption[143]. - The company reported a significant increase in investment in grid projects, with a 23.7% year-on-year growth to 254 billion CNY in the first half of 2024[27]. Product Development and Sales - The company has launched a new line of smart grid solutions, which is projected to contribute an additional 500 million CNY in revenue by the end of 2024[9]. - The company produced 146,500 tons of high-purity polysilicon and sold 136,800 tons in the first half of 2024, marking increases of 92.55% and 58.86% year-on-year, respectively[43]. - The company achieved a transformer and reactor production capacity of 338 million kVA, ranking among the top three in the industry[38].

特变电工股份有限公司 证券代码：600089 证券简称：特变电工 编号：临 2024-055 特变电工股份有限公司 2024 年半年度发电量完成情况公告 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。 特变电工股份有限公司（以下简称公司）主营业务涉及煤电、风电及光伏发 电业务，根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露 第三号电力》《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露 第九号光伏》的要求，现将公司 2024 年半年度发电量完成情况披露如下： | 电源 | | | 装机容量 | 2024 年半年度 | 增长 | 2024 年半年 | 增长 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 所在地 | 项目名称 | | 发电量 | | 度上网电量 | | | 种类 | | | （MW） | （万千瓦时） | 比率 | （万千瓦时） | 比率 | | | | 新 园 正 镶 白 旗 特 高 压 外 送 | | | | | ...

特变电工股份有限公司 2、准东新特硅基绿色低碳硅基产业园区示范项目 2GW 风电及配套储能项目 （以下简称准东 2GW 风储项目） 投资金额：准东 1GW 光储项目总投资 349,536.25 万元；准东 2GW 风储项 目总投资 665,561.52 万元 相关风险提示：上述项目存在发电量不能全额上网、项目上网电价波动、 项目建设成本超预算的风险。 证券代码:600089 证券简称:特变电工 公告编号:临 2024-054 特变电工股份有限公司 关于投资建设新能源电站项目的公告 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: 投资项目名称： 1、准东新特硅基绿色低碳硅基产业园区示范项目 1GW 光伏及配套储能项目 （以下简称准东 1GW 光储项目） 2、项目批复情况 准东 1GW 光储项目、准东 2GW 风储项目已获得昌吉回族自治州发展和改革委 员会《昌吉回族自治州企业投资项目登记备案证》（昌州发改工〔2023〕83 号）。 上述投资事项不需经公司股东大会审议，未构成公司的关联交易，也不属于 公司重大资产重组 ...