Core Viewpoint - Sichuan Mingyang Electric Power Co., Ltd. has made significant progress in its operational performance and governance structure, achieving notable financial growth and receiving multiple awards for its practices in 2024 [2][3][10]. Group 1: Operational Performance - The company achieved a sales volume of 49.51 billion kWh in 2024, representing a year-on-year increase of 12.52% [3]. - The total revenue for the year was 2.842 billion yuan, an increase of 6.60% compared to the previous year [3][26]. - The net profit attributable to shareholders reached 209.32 million yuan, reflecting a growth of 16.72% year-on-year [3][26]. Group 2: Strategic Achievements - The company successfully implemented over 20 supportive policies for grid development, enhancing its operational environment [3]. - Research and development investment increased by 62.09%, leading to the acquisition of 14 new national patents [3]. - The company completed the construction of 15 charging stations, with charging volume increasing by 7.34% [3]. Group 3: Governance and Compliance - The board of directors has established a strategic and ESG committee to enhance governance and oversight [4][5]. - The audit committee held 10 meetings to review the effectiveness of internal audits and financial reporting [5][6]. - The company has maintained a robust internal control system, ensuring compliance with relevant laws and regulations [21][22]. Group 4: Financial Health - The total assets of the company reached 4.105 billion yuan, marking a growth from the previous year [23]. - The company reported a cash and cash equivalents balance of 885.63 million yuan, an increase of 2.87% year-on-year [28]. - The company’s debt-to-asset ratio and other financial metrics indicate a stable financial position, supporting ongoing operations and investments [23][25]. Group 5: Future Outlook - The company aims to adapt to new regulatory frameworks and enhance its governance structure to support high-quality development [12][13]. - Plans include increasing investments in renewable energy and expanding its market presence in line with national energy policies [11][12]. - The company is focused on achieving its strategic goals while ensuring sustainable growth and shareholder value [12][14].

四川明星电力股份有限公司 600101 2024 年年度股东大会会议资料 2025 年 6 月 5 日 2024 年年度股东大会会议资料 四川明星电力股份有限公司 2024 年年度股东大会议程 四川明星电力股份有限公司（简称"公司"）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。 一、现场会议时间：2025 年 6 月 5 日 9:00。 二、现场会议地点：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。 三、网络投票系统和投票时间：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 2025 年 6 月 5 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 2025 年 6 月 5 日的 9:15-15:00。 四、会议召集人：公司董事会。 五、参会人员：2025 年 5 月 28 日收市后在中国证券登记结算有限责 任公司上海分公司登记在册的公司股东，公司董事、监事和高级管理人 员，公司聘请的律师及其他人员。 六、会议主持人：董事长陈峰先生。 七、议程安排 1 / 63 2024 年年度 ...

Group 1 - The Central Meteorological Administration issued a yellow high-temperature warning, predicting temperatures of 35-36°C in various regions including Inner Mongolia, Gansu, Ningxia, and parts of Shaanxi, Shanxi, Hebei, and others, with some areas reaching 37-39°C and localized spots exceeding 40°C [1] - The Shandong Provincial Meteorological Administration also issued an orange high-temperature warning, forecasting temperatures above 35°C in several regions, with specific areas expected to reach 40-42°C [1] - In Henan, temperatures surged to 40°C and above, with Linzhou hitting a record 43.2°C, and surface temperatures exceeding 70°C in some locations [2] Group 2 - The power sector saw significant stock movements, with companies like Leshan Electric hitting the daily limit, and others such as Hunan Development and Xichang Electric also experiencing gains [2] - According to Minsheng Securities, the decline in coal prices and steady growth in thermal power performance in Q1 2023 suggest that the upcoming peak electricity usage season in Q2 and Q3 could lead to continued performance improvements for companies, especially those investing in wind power and cogeneration [2] - Huayuan Securities noted that while thermal power operators are expected to see improved performance in Q1 2025, there is a growing disparity in profitability, with northern units performing better than those in the Yangtze River Delta region [3]

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%。 ...