Group 1 - The company plans to publicly transfer its 41.0071% stake in Chongqing Tiantai Energy Group Co., Ltd. to enhance asset operation efficiency and optimize strategic layout [2][5][7] - The minimum transfer price is set at 640.7596 million RMB, reflecting a 123.60% appreciation [2][5][16] - The transaction has been approved by the company's board and will require shareholder meeting approval [8][19] Group 2 - The transfer process will be conducted through a public bidding method, and the specific buyer has not yet been determined [10][19] - The company aims to convert the stake into more liquid funds, which aligns with the interests of the company and all shareholders [7][18] - The company anticipates an investment return of approximately 190 million RMB from this transaction, positively impacting its financial status [18] Group 3 - The company has experienced a significant decline in power generation, with a 23.04% decrease in electricity output in the first half of 2025 compared to the previous year [43] - The expected net profit for the first half of 2025 is projected to be between 40 million and 52 million RMB, representing a decrease of 77.30% to 82.54% year-on-year [47][49] - The decline in profit is attributed to reduced electricity generation due to lower water levels in the river basins [53]

Core Viewpoint - The company, Three Gorges Water Conservancy, anticipates a significant decline in net profit for the first half of 2025, primarily due to reduced water inflow and poor performance from its associate company, Tian Tai Energy [1][2]. Financial Performance - Three Gorges Water Conservancy expects a net profit of 40 million to 52 million yuan for the first half of 2025, representing a year-on-year decline of 82.54% to 77.30% [1]. - The company reported a 7.92% decrease in revenue for the first quarter of this year, with a non-recurring net profit loss of 17.23 million yuan, which has worsened compared to the previous year [2]. - The net profit from the company's electricity business decreased by approximately 71 million yuan due to reduced water inflow, leading to a 23.05% drop in self-generated hydropower output [2]. Operational Challenges - The company faced additional losses of about 4.7 million yuan due to tax payments related to previous years and reduced investment income from Tian Tai Energy, which saw a year-on-year decline of approximately 21 million yuan [3]. - The company is also experiencing delays in receiving funds for rural power network repayment, resulting in unrecouped depreciation and financial costs amounting to about 1.5 million yuan [3]. Asset Management - Three Gorges Water Conservancy plans to sell its 41.0071% stake in Tian Tai Energy, with a minimum transfer price of 641 million yuan, reflecting a 123.60% increase in value [4][5]. - Tian Tai Energy's projected revenue and net profit for 2024 are 4.476 billion yuan and 78.17 million yuan, respectively, but it reported a loss of 25.15 million yuan in the first quarter of this year [4]. Strategic Moves - The sale of Tian Tai Energy shares is aimed at enhancing asset operational efficiency and improving the company's strategic layout by converting equity into more liquid funds [5].

Group 1 - Yuntian Lifa plans to issue H-shares and list on the Hong Kong Stock Exchange [3] - Aerospace Electromechanical's wholly-owned subsidiary intends to transfer 70% equity of Eschong Korea [4] - Three Gorges Water Conservancy plans to publicly transfer 41.0071% equity of Chongqing Tiantai Energy Group [5] Group 2 - Galaxy Microelectronics intends to invest 310 million yuan in the construction of a high-end integrated circuit device industrialization base [6] - Wanye Enterprises' wholly-owned subsidiary plans to invest 299 million yuan to establish a private equity investment fund [7] - Dailor New Materials will invest 45 million yuan to establish a holding subsidiary [8] Group 3 - Huaxi Securities expects a net profit increase of 1025.19% to 1353.9% year-on-year for the first half of 2025 [10][11] - Guolian Minsheng anticipates a net profit increase of approximately 1183% year-on-year for the first half of 2025 [12] - Gaode Infrared expects a net profit increase of 734.73% to 957.33% year-on-year for the first half of 2025 [13] Group 4 - Tianchen Co. expects a net profit increase of 640% to 786% year-on-year for the first half of 2025 [14] - Shenkai Co. anticipates a net profit increase of 183% to 278% year-on-year for the first half of 2025 [15] - Taishan Petroleum expects a net profit increase of 123% to 173% year-on-year for the first half of 2025 [16] Group 5 - Ruikeda expects a net profit increase of 132.44% to 163.22% year-on-year for the first half of 2025 [17] - Jinkong Electric anticipates a net profit of 120 million to 150 million yuan, turning from loss to profit [18] - Ankai Bus expects a net profit increase of 106.67% to 189.34% year-on-year for the first half of 2025 [19] Group 6 - Yara International expects a net profit increase of 170% to 244% year-on-year for the first half of 2025 [20] - Zhongshun Jierou anticipates a net profit increase of 59.85% to 82.68% year-on-year for the first half of 2025 [21] - Guoan Co. expects a loss of 25.9 million to 36.7 million yuan for the first half of 2025 [22] Group 7 - Huamei Holdings expects a loss of 46.5 million to 60 million yuan for the first half of 2025 [23] - AOC Technology anticipates a loss of 450 million to 490 million yuan for the first half of 2025 [24] - Shangrong Medical expects a loss of 7 million to 9.5 million yuan for the first half of 2025 [25] Group 8 - Hangang Co. expects a net loss of approximately 111 million yuan for the first half of 2025 [26] - Baili Electric's shareholder plans to reduce its stake by no more than 2% [27] - Dream Lily's major shareholder plans to reduce its stake by no more than 0.5% [28]

Meeting Overview - The 30th meeting of the 10th Board of Directors of Chongqing Three Gorges Water Conservancy Electric Power (Group) Co., Ltd. was held on July 10, 2025, in Chongqing, with all 13 directors present [1][2] Resolutions Passed - The board approved the performance assessment results for 2024, with 11 votes in favor and 2 abstentions [2] - The board also approved the individual assessment results for senior management for 2024, with the same voting outcome [2] - The board approved the performance responsibility document for 2025, with unanimous support from all directors [2][3] Share Transfer Decision - The board agreed to allow its wholly-owned subsidiary, Changxing Electric Power, to publicly transfer its entire 41.0071% stake in Tian Tai Energy Group, with a base price set at 640.7596 million yuan based on an approved valuation report [3][4] - The board authorized the general manager's office to handle all matters related to this transaction [3] Shareholder Meeting Proposal - A proposal was made to convene the first temporary shareholder meeting of 2025, with the board granting authority to the board secretary to manage the arrangements [3] Committee Review - The Compensation and Assessment Committee confirmed that the assessment results for 2024 accurately reflect the management and employees' contributions and do not harm the interests of the company and its shareholders [5]

Meeting Details - The first extraordinary general meeting of shareholders for 2025 will be held on July 28, 2025, at 14:00 [1] - The meeting will take place at the conference room on the 4th floor of Building 11, Shengwei Crystal City, 99 Jinkai Avenue, Yubei District, Chongqing [1] - Shareholders can participate through both on-site voting and the Shanghai Stock Exchange's online voting system [2] Voting Information - The online voting system will be available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same category of ordinary shares and preferred shares [3][4] - Duplicate voting through different methods will be counted based on the first voting result [4] Attendance and Registration - Shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on July 21, 2025, are eligible to attend [4] - Attendance can also include company directors, supervisors, senior management, and appointed lawyers [4] - Registration requires identification and relevant documentation, with provisions for remote shareholders to register via mail or fax [4] Proxy Voting - Shareholders can appoint a proxy to attend the meeting and vote on their behalf [5][6] - The proxy must be specified in a written authorization, indicating the number of ordinary and preferred shares held [6]

Group 1 - The company expects a significant decline in net profit for the first half of 2025, projecting a net profit of 40 million yuan, which represents a decrease of 77.30% to 82.54% compared to the same period last year [1] - The net profit excluding non-recurring gains and losses is estimated to be between 26 million and 38 million yuan, reflecting a year-on-year decrease of 81.90% to 87.62% [1] - The previous year's net profit was 229.03 million yuan, with a total profit of 282.83 million yuan [2] Group 2 - The decline in profit is primarily attributed to a decrease in electricity business profits, with a reduction of approximately 71 million yuan due to lower water inflow affecting power generation [2] - The company achieved a record high in electricity sales of 6.802 billion kWh, an increase of 2.66% year-on-year, which partially offset the losses [2] - Additional losses were incurred from tax payments and reduced investment income from affiliated companies, totaling approximately 47 million yuan [3]

股票代码：600116 股票简称：三峡水利 编号：临 2025-035 号 重庆三峡水利电力（集团）股份有限公司 关于 2024 年度担保计划的进展公告 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： 在重庆三峡水利电力（集团）股份有限公司（以下简称"公司"）2024 年度担保计划内，2025 年 6 月无新增担保。 截至 2025 年 6 月 30 日，公司及子公司累计担保余额为 121,234.41 万 元，公司及子公司担保总额为 478,657.03 万元【含 2024 年度担保计划中尚未 使用额度 349,957.12 万元以及公司下属全资子公司重庆涪陵聚龙电力有限公 司（以下简称"聚龙电力"）为其持股 31.5%的参股公司重庆市科尔科克新材 料有限公司（以下简称"科尔科克公司"）提供的担保总额中尚未使用额度 7,465.50 万元】，占公司 2024 年度经审计归属于上市公司股东净资产的 43.40%。 公司 2024 年度担保计划已于 2025 年 6 月 27 日期满，公司 2025 年度担 保计 ...

股票代码：600116 股票简称：三峡水利 编号：临 2025-033 号 重庆三峡水利电力（集团）股份有限公司 2025 年上半年发电量、上网电量及售电量 完成情况的公告 二、公司 2025 年度上半年售电量及售电均价情况 | 项 | 目 | 2025 | 年上半年 | 2024 | 年上半年 | 变动比例（%） | | --- | --- | --- | --- | --- | --- | --- | | 售电量（亿千瓦时） | | | 68.0199 | | 66.2559 | 2.66 | | 售电均价（元/千瓦时） | | | 0.4877 | | 0.4910 | -0.67 | | （不含税） | | | | | | | 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。 一、公司 2025 年上半年发电量及上网电量完成情况 截至 2025 年 6 月 30 日，公司下属全资及控股公司水电站累计完成发电量 9.7831 亿千瓦时，同比下降 23.04%；其中：重庆地区 9.7219 亿千瓦时，同比下降 23.16%； ...

目 录 | 一、审计报告……………………………………………………… 第 1—3 | | 页 | | | --- | --- | --- | --- | | 二、财务报表……………………………………………………… 第 4—11 | | | 页 | | （一）合并资产负债表…………………………………………… | 第 | 4 | 页 | | （二）母公司资产负债表………………………………………… | 第 | 5 | 页 | | （三）合并利润表………………………………………………… | 第 | 6 | 页 | | （四）母公司利润表……………………………………………… | 第 | 7 | 页 | | （五）合并现金流量表…………………………………………… | 第 | 8 | 页 | | （六）母公司现金流量表………………………………………… | 第 | 9 | 页 | | （七）合并所有者权益变动表……………………………………第 | 10 | 页 | | | （八）母公司所有者权益变动表…………………………………第 | 11 | 页 | | | | | 四、资质附件………………………………………………………第 73 ...

本报告依据中国资产评估准则编制 重庆两江长兴电力有限公司拟股权转让涉及的重庆天泰能 源集团有限公司的股东全部权益价值项目 资产评估报告 中瑞评报字[2025]第 500290 号 (共九册,第一册) 7 = 117 naRui World Union Appraisal Group 71010 2025年2月28日 中国资产评估协会 资产评估业务报告备案回执 | 报告编码: | 4743020020202500360 | | --- | --- | | 合同编号: | 2024-302099-1 | | 报告类型: | 法定评估业务资产评估报告 | | 报告文号: | 中瑞评报字[2025]第500290号 | | 报告名称: | 重庆两江长兴电力有限公司拟股权转让涉及的重庆天泰能源集团 有限公司的股东全部权益价值项目资产评估报告 | | 评估结论: | 1,562,557,627.78元 | | 评估报告日: | 2025年02月28日 | | 评估机构名称: | 中瑞世联资产评估集团有限公司 | | 答名人员: | 李哲 (资产评估师) 正式会员 编号:11001330 | | | 金鑫 (资产评估师) ...