证券代码：600101 证券简称：明星电力 公告编号：2025-015 四川明星电力股份有限公司 关于参加国家电网有限公司控股上市公司 2024 年度暨 2025 年第一季度集体业绩说明会的公告 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： 会议主题： "价值引领发展 创新电亮未来"国家电网有限公司控股 上市公司2024年度暨2025年第一季度集体业绩说明会 会议召开时间：2025年5月23日（星期五）14:00-17:00 网络直播地址：上海证券交易所上证路演中心（简称"上证路演 中心"）（https://roadshow.sseinfo.com/） （二）网络直播地址：上海证券交易所上证路演中心 （https://roadshow.sseinfo.com/） （三）召开方式：现场交流、视频直播、网络文字互动 二、公司出席说明会的人员 会议召开方式：现场交流、视频直播、网络文字互动 预征集投资者提问的相关安排：投资者可于2025年5月16日（星期 五）至5月22日（星期四）16:00前登录上证路演中心网站 ...

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： 风险提示：在项目建设过程中，可能存在相关政策、法规、 市场等方面的不确定风险，有可能会影响项目的正常实施。敬请投资 者注意投资风险。 2025 年 4 月 28 日，四川明星电力股份有限公司（简称"公司"） 第十二届董事会第二十二次会议以 9 名董事全票审议通过了《关于投 资建设龙凤 110 千伏输变电工程的议案》，董事会同意公司以自有资 金投资建设龙凤 110 千伏输变电工程。本投资事项在公司董事会审批 权限范围内，无需提交股东大会审议。本投资事项不属于关联交易和 重大资产重组事项。现将相关情况公告如下： 一、投资项目基本情况 1 / 3 投资项目名称：遂宁船山龙凤 110 千伏输变电工程。 项目投资金额：投资概算 8,637.00 万元。 本投资事项无需提交股东大会审议。 证券代码：600101 证券简称：明星电力 公告编号：2025-012 四川明星电力股份有限公司 关于投资建设龙凤 110 千伏输变电工程的公告 （一）项目名称 遂宁船山龙凤 110 千伏 ...

证券代码：600101 证券简称：明星电力 公告编号：2025-013 四川明星电力股份有限公司 2025 年 4 月 28 日，四川明星电力股份有限公司（简称"公司"） 第十二届董事会第二十二次会议以 9 名董事全票审议通过了《关于召 开 2024 年年度股东大会的议案》。现将具体情况公告如下： 一、召开会议的基本情况 （一）股东大会类型和届次 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。 2024年年度股东大会 重要内容提示： （二）股东大会召集人：董事会 股东大会召开日期：2025年6月5日 （三）投票方式：本次股东大会所采用的表决方式是现场投票和 网络投票相结合的方式 本次股东大会采用的网络投票系统：上海证券交易所股东大会网 络投票系统 关于召开2024年年度股东大会的通知 （四）现场会议召开的日期、时间和地点 1 / 7 召开的日期时间：2025 年 6 月 5 日 9 点 00 分 召开地点：四川省遂宁市开发区明月路 56 号，明星康年大酒店 2 楼康年厅 （五）网络投票的系统、起止日期和投票时间 网络投票系统 ...

证券代码：600101 证券简称：明星电力 公告编号：2025-014 四川明星电力股份有限公司 第十一届监事会第十七次会议决议公告 本公司监事会及全体监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： 一、监事会会议召开情况 根据《证券法》和《上海证券交易所股票上市规则》的有关要求， 公司监事会对董事会编制的 2025 年第一季度报告进行了审核，并发表如 下审核意见： 1. 公司 2025 年第一季度报告的编制和审议程序符合法律、行政法规 和中国证监会的各项规定； 2. 公司 2025 年第一季度报告的内容和格式符合中国证监会和上海证 券交易所的各项规定，报告的内容能够真实、准确、完整地反映公司的 实际情况； 3. 在发表本意见前，未发现参与公司 2025 年第一季度报告编制和审 议的人员有违反保密规定的行为。 （二）审议通过了《关于投资建设龙凤 110 千伏输变电工程的议案》 四川明星电力股份有限公司（简称"公司"）第十一届监事会第十七 次会议于 2025 年 4 月 28 日以通讯表决的方式召开，会议通知和会议资 料已于 2 ...

证券代码：600101 证券简称：明星电力 公告编号：2025-011 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： 一、董事会会议召开情况 四川明星电力股份有限公司（简称"公司"）第十二届董事会第 二十二次会议于 2025 年 4 月 28 日以通讯表决的方式召开，会议通知 和会议资料已于 2025 年 4 月 24 日以电子邮件的方式向董事、监事和 高级管理人员发出，9 名董事全部参加了表决。会议的召开符合《公 司法》等法律法规及公司《章程》的有关规定。 二、董事会会议审议情况 （一）审议通过了《2025 年第一季度报告》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 本议案在提交公司董事会审议之前，已经公司董事会审计委员会 四川明星电力股份有限公司 第十二届董事会第二十二次会议决议公告 1 / 3 全体董事均出席本次董事会会议。 无董事对本次董事会议案投反对票或弃权票。 本次董事会审议的全部议案均获通过。 审议并获全票同意。 详见公司同日发布于《中国证券报》《上海证券报》《证券日报》 《证券时 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 776,971,780.58, representing an increase of 11.38% compared to CNY 697,580,833.03 in the same period last year[3] - Net profit attributable to shareholders was CNY 72,770,843.96, up 4.25% from CNY 69,801,509.69 year-on-year[3] - Basic and diluted earnings per share were both CNY 0.1328, reflecting a growth of 4.24% from CNY 0.1274 in the same quarter last year[3] - The operating profit for Q1 2025 was CNY 80,395,029.76, up from CNY 77,022,283.03 in the same period last year, indicating a growth of 3.1%[19] - The total profit for Q1 2025 reached CNY 80,223,257.30, compared to CNY 77,015,400.47 in Q1 2024, marking an increase of 2.9%[19] - The total comprehensive income for Q1 2025 was CNY 72,770,843.96, which is an increase from CNY 69,801,509.69 in Q1 2024[19] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 59.01%, amounting to CNY 68,339,128.30 compared to CNY 166,703,307.99 in the previous year[3] - Cash and cash equivalents as of March 31, 2025, were ¥923,738,330.53, compared to ¥886,555,695.50 at the end of 2024, indicating a liquidity increase of 4.2%[10] - Cash flow from operating activities for Q1 2025 was CNY 68,339,128.30, a decrease of 59% from CNY 166,703,307.99 in Q1 2024[24] - Cash and cash equivalents at the end of Q1 2025 totaled CNY 922,815,697.46, down from CNY 967,129,036.68 at the end of Q1 2024[25] - Cash flow from investing activities for Q1 2025 was negative CNY 29,917,256.48, compared to negative CNY 59,746,768.62 in Q1 2024, showing an improvement[25] - Cash flow from financing activities for Q1 2025 was negative CNY 1,238,967.47, compared to negative CNY 794,352.82 in Q1 2024, indicating a larger outflow[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,189,654,491.76, an increase of 2.04% from CNY 4,105,767,592.67 at the end of the previous year[4] - The total liabilities as of March 31, 2025, were ¥1,124,275,208.31, compared to ¥1,111,881,076.58 at the end of 2024, showing a slight increase of 1.1%[12] - Non-current assets totaled ¥3,033,171,126.09, slightly up from ¥3,024,471,819.53, indicating stable long-term asset management[11] Shareholder Information - The company had a total of 82,865 common shareholders at the end of the reporting period[7] - The largest shareholder, State Grid Sichuan Electric Power Company, held 20.07% of the shares, amounting to 109,968,464 shares[7] - The equity attributable to shareholders increased by 2.39%, reaching CNY 3,065,379,283.45 compared to CNY 2,993,886,516.09 at the end of the last year[4] - Shareholders' equity increased to ¥3,065,379,283.45 from ¥2,993,886,516.09, reflecting a growth of 2.4%[14] Research and Development - The company reported R&D expenses of ¥3,293,904.44 for Q1 2025, which is a significant increase of 66.6% from ¥1,979,379.86 in Q1 2024[18] Other Financial Metrics - Non-recurring gains and losses for the period totaled CNY 453,851.35, primarily from government subsidies and other non-operating income[6] - Accounts receivable increased to ¥75,481,388.31 from ¥48,600,811.61, reflecting a growth of 55.3%[10] - Inventory levels rose to ¥22,167,543.52, up from ¥15,356,511.14, marking a 44.5% increase[10] - The weighted average return on equity was 2.40%, a decrease of 0.05 percentage points from 2.45% at the end of the previous year[4] - Net profit for Q1 2025 was not explicitly stated, but the increase in revenue and costs suggests a focus on maintaining profitability amid rising expenses[18] - The company did not report any net profit from merged entities during the current or previous quarter[20]

明星电力（600101）公告，2025年第一季度营收为7.77亿元，同比增长11.38%；净利润为7277.08万 元，同比增长4.25%。 ...

Market Overview - The A-share market experienced fluctuations with mixed performance among the three major indices, resulting in 71 stocks hitting the daily limit up and 64 stocks failing to do so, leading to an overall limit-up rate of 64.96% [1] Top Gainers - Huayin Power had the highest limit-up order volume at 710,700 hands, followed by Dongbei Group and Nanguo Real Estate with limit-up order volumes of 525,400 hands and 442,400 hands respectively [2] - In terms of limit-up order amounts, seven stocks exceeded 100 million yuan, with Tuo Wei Information, Dongbei Group, and Huayin Power leading at 503 million yuan, 357 million yuan, and 301 million yuan respectively [2] Electric Power Sector - The electric power sector saw a collective surge with several stocks hitting the limit up, including Huayin Power, Xichang Power, Huadian Liaoning Energy, Changyuan Power, Mingxing Power, and Shaoneng Co [3] - Huayin Power is noted as the only listed power generation financing platform in Hunan, primarily engaged in power production and sales, including wind power business [3] Electric Power Equipment Sector - The electric power equipment sector also had notable gainers, including Bofei Electric, Jiuzhou Group, Jixin Technology, and Zhongdian Xinlong [5] - Bofei Electric is recognized as a leading domestic provider of electrical insulation materials, capable of offering complete insulation system designs tailored to wind turbine specifications [5] Computing Power Sector - The computing power sector featured stocks such as Hongbo Co., Zhongdian Xinlong, Tianyu Digital Technology, ST Guangwang, and Tuo Wei Information hitting the limit up [6] - Hongbo Co. operates a subsidiary that is the sole designated operator of the AI Innovation Empowerment Center in Beijing, collaborating with Nvidia across various fields [6] Investment Trends - Tuo Wei Information recorded a net purchase of 729 million yuan on the day, leading the net buying list, followed by Satellite Chemistry and Jiuzhou Group with net purchases of 685 million yuan and 196 million yuan respectively [7] - Among institutional special seats, Tuo Wei Information, Satellite Chemistry, and Jiuzhou Group were the top three in net purchases, amounting to 139 million yuan, 95.9 million yuan, and 41.8 million yuan respectively [7]

Market Overview - The market experienced a dull and slight fluctuation, with the Shanghai Composite Index down 0.07%, while the Shenzhen Component and ChiNext Index rose by 0.39% and 0.59% respectively, indicating a mixed performance overall [4] Real Estate Sector - The real estate sector showed initial strength with stocks like Nanguo Real Estate and Yucheng Development hitting the limit up, but faced significant pullbacks in the afternoon [3] E-commerce Sector - The cross-border e-commerce sector saw localized surges, with companies like Shengyibao and Xunxing Co. experiencing notable gains [3] Power Sector - The power sector demonstrated consistent strength, with multiple companies such as Huayin Power and Xichang Power achieving consecutive limit up days, and the thermal and hydropower segments rising by 2.66% and 3.83% respectively [20][21] Home Appliance Sector - The home appliance sector showed localized strength, with companies like Dongbei Group and Whirlpool achieving limit up. Whirlpool reported a net profit of 116 million yuan for Q1, a year-on-year increase of over 1000% [9][10] - The overall home appliance sector rose nearly 1% by the end of the day, driven by strong Q1 reports from Whirlpool and Kangsheng Co. [8][10] Semiconductor Sector - The semiconductor sector experienced a slight uptick following reports of certain tax exemptions for semiconductor imports, although the overall market sentiment appeared chaotic [17][18] Company-Specific Highlights - Tuowei Information reported a significant Q1 profit increase of 979.75% despite a net loss of 100 million yuan for the previous year, leading to a strong market reaction with the stock hitting the limit up [14] - Companies like Ganli Pharmaceutical and Xingfu Blue Sea also showed strong performance, contributing to the overall market dynamics [13]

Core Viewpoint - The electricity sector has shown significant performance, with multiple companies experiencing substantial stock price increases, indicating a strong market interest and potential investment opportunities in this area [1][2]. Electricity Sector Performance - The electricity sector saw a notable surge, with companies like Jiuzhou Group, Huadian Energy, and Changyuan Electric reaching their daily price limits. Leshan Electric has nearly doubled in price over the last ten trading days [2][4]. - As of the end of the trading day, the cumulative installed capacity of wind and solar power in China reached 1.482 billion kilowatts, surpassing thermal power for the first time [4]. Market Trends - The overall market showed mixed results, with the Shanghai Composite Index slightly down by 0.07% and the ChiNext Index up by 0.59%. The total trading volume across the Shanghai and Shenzhen markets was approximately 1.137 trillion yuan, consistent with the previous day [1]. - The CPO (Chiplet Packaging and Optimization) concept gained traction, with companies like Zhishang Technology and Shijia Photon seeing significant stock price increases [5][7]. AI and Smart Medical Sector - The smart medical sector experienced a rise, with companies such as He Shi Eye Hospital and Saili Medical reaching their daily price limits. The sector is expected to benefit from the recent implementation plan for the digital transformation of the pharmaceutical industry [8][9]. - The integration of AI in the medical field is anticipated to accelerate, driven by recent policy developments and technological advancements [9].