重要内容提示： ●中闽能源股份有限公司（以下简称"公司"）股票连续 3 个交易日（即 2026 年 3 月 24 日、3 月 25 日和 3 月 26 日）内日收盘价格涨幅偏离值累计达到 20%以上，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波 动的情形。 证券代码：600163 证券简称：中闽能源 公告编号：2026－013 中闽能源股份有限公司 股票交易异常波动公告 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。 经公司自查，公司目前生产经营活动正常，日常经营情况及外部环境未发生 重大变化，不存在影响公司股票交易价格异常波动的重大事项。 （二）重大事项情况 经公司自查并向控股股东投资集团函证核实，截至本公告披露日，除公司已 披露的事项外，公司、公司控股股东及其一致行动人均不存在应披露而未披露的 重大信息，包括但不限于涉及公司的重大资产重组、股份发行、重大交易类事项、 业务重组、股份回购、股权激励、破产重整、重大业务合作、引进战略投资者等 重大事项。 （三）媒体报道、市场传闻、热点概念情况 ●经公司自查，且向 ...

证券代码：600163 证券简称：中闽能源 公告编号：2026-012 中闽能源股份有限公司 关于对外投资建设诏安四都 80MW 渔光互补光伏电站 项目的公告 2024 年 10 月，公司申报的中闽能源诏安四都 80MW 渔光互补光伏电站列入 福建省 2024 年度光伏电站开发建设方案项目清单。该项目于 2024 年 11 月取得 诏安县发展和改革局的项目备案证明。2024 年 11 月，公司设立控股子公司福建 诏安闽投光伏发电有限公司（以下简称"项目公司"），以该公司为实施主体投 资建设中闽能源诏安四都 80MW 渔光互补光伏电站项目，项目总投资约人民币 45,227.33 万元（具体以实际投资建设情况为准）。 （二）董事会审议情况，是否需经股东大会审议通过和有关部门批准。 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： 投资标的名称：中闽能源诏安四都 80MW 渔光互补光伏电站项目 投资金额：本项目总投资约人民币 45,227.33 万元，以实际投资建设 情况为准。 交易实施尚需履行的审批及其他相关程序：本 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The report highlights that the demand for power equipment is expected to remain high due to the continuous deepening of electricity reforms [3] - The green electricity consumption assessment scope has been expanded, shaping a new ecosystem in the industry [11] - The supply of green certificates is stabilizing, and prices are expected to return to reflect the environmental value of green electricity [19] - New energy consumption new business models are anticipated to create a second growth curve for operators [5] Summary by Sections Renewable Energy Consumption Assessment Expansion - In July 2025, the National Development and Reform Commission issued a notice expanding the renewable energy consumption responsibility assessment to include industries such as steel, polysilicon, cement, and newly built data centers [11] - By 2026, the green electricity consumption ratio for these industries is expected to be 80% [11][12] Supply Stabilization and Green Certificate Pricing - The green certificate supply has stabilized following a supply shock in late 2024, with a total of 47.34 billion certificates issued in 2024, of which 31.58 billion were tradable [20] - The trading volume of green certificates is expected to improve, with a projected price of 5 yuan per certificate leading to an increase in operators' environmental value earnings by 1.0 yuan per megawatt-hour for every 20% increase in coverage [23] Investment Recommendations - The report suggests focusing on high-quality assets and stable profitability in new energy generation operators, with recommended stocks including Longyuan Power (H), Xintian Green Energy (H), and Datang New Energy (H) [26] - The anticipated growth in green certificate market activity is expected to benefit these operators significantly [5][26] Data Center Energy Consumption Growth - From 2019 to 2024, China's data center annual electricity consumption increased from 82.4 billion kilowatt-hours to 166 billion kilowatt-hours, with an average annual growth rate of 15.0% [15] - By 2030, the annual electricity consumption of data centers is projected to reach between 390 billion and 820 billion kilowatt-hours [15] Market Dynamics - The report indicates that the green certificate market is expected to gain vitality as major energy-consuming sectors face green electricity consumption assessments [5][23] - The anticipated return of green certificate prices to reflect their environmental value is expected to ensure reasonable profit levels for operators [19][23]

Investment Rating - The investment rating for the utility sector is "Positive" and maintained [8] Core Insights - The report emphasizes the characteristics and rhythm of the green electricity market during the "policy year," highlighting the three phases of the 2021 green electricity market: pre-meeting, during the meeting, and post-meeting. It suggests that the green electricity sector will continue to be a focal point in the upcoming years, particularly in 2026, with a renewed focus on "green and low-carbon" initiatives [2][11] - The report identifies four key points to watch for the future of the green electricity sector, based on the experiences from 2021, including the impact of policy clarity, the role of leading companies, and the importance of financial reporting periods [11] Summary by Sections Market Performance - The utility sector has shown a significant increase, with a 20.09% rise over the past year, and a 10.52% increase since the beginning of the year [31] - The report notes that the green electricity sector has been influenced by policy expectations and market sentiment, with notable stock performances from companies like Longyuan Power and Xinneng Green Energy [11][37] Policy and Market Dynamics - The report discusses the cyclical nature of the market, particularly how policy announcements during the "Two Sessions" can catalyze market movements. It highlights the importance of policy implementation and the timing of financial disclosures in shaping market trends [11] - The report anticipates that the green electricity sector will be a major theme in 2026, driven by technological advancements and policy support, particularly in the context of carbon neutrality goals [11] Company Recommendations - The report recommends focusing on quality thermal power operators such as Huaneng International, Datang Power, and Guodian Power, as well as hydropower companies like Yangtze Power and State Power Investment Corporation [11][14][15] - It also highlights the potential of renewable energy companies, particularly Longyuan Power and Xinneng Green Energy, which are expected to benefit from favorable policy changes and market conditions [11][17]

Investment Rating - The report maintains an "Outperform" rating for the public utility and environmental protection sectors [5][8]. Core Insights - The upcoming deliberation of the Ecological Environment Code is expected to enhance the legal framework for pollution prevention, ecological protection, and green low-carbon development [15]. - The integration of computing power and electricity is highlighted as a significant trend, with public utilities being well-positioned to leverage AI and other new productivity developments [16]. - The report emphasizes the importance of the renewable energy sector and comprehensive energy management in the context of carbon neutrality [20]. Market Performance - The Shanghai and Shenzhen 300 Index increased by 0.09%, while the public utility index rose by 4.54% and the environmental index by 7.73% [14][22]. - Within the electricity sector, coal-fired power increased by 7.57%, while renewable energy generation saw a rise of 7.33% [23]. Key Company Recommendations Public Utilities - Recommended companies include: - Huadian International (华电国际) and Shanghai Electric (上海电力) for coal-fired power [20]. - Longyuan Power (龙源电力) and Three Gorges Energy (三峡能源) for renewable energy [20]. - China Nuclear Power (中国核电) and China General Nuclear Power (中国广核) for nuclear power [20]. - Changjiang Power (长江电力) for hydropower [20]. - Jiufeng Energy (九丰能源) for gas [20]. - Xizi Clean Energy (西子洁能) for clean energy equipment manufacturing [20]. Environmental Protection - Recommended companies include: - Everbright Environment (光大环境) and Shanghai Industrial Holdings (上海实业控股) for water and waste incineration [21]. - Juguang Technology (聚光科技) and Wanyi Technology (皖仪科技) for scientific instruments [21]. - Shangaohuaneng (山高环能) for waste oil recycling [21]. Industry Dynamics - The report notes that the water and waste incineration sectors are entering a mature phase, with significant improvements in free cash flow [21]. - The domestic scientific instrument market is projected to have substantial room for domestic substitution, with a market size exceeding 90 billion USD [21]. Important Events - The report highlights the upcoming National People's Congress, where multiple legal drafts, including the Ecological Environment Code, will be reviewed [15]. - The State-owned Assets Supervision and Administration Commission emphasized the need for central enterprises to enhance investment in computing power and promote the synergy between computing and electricity [16]. Industry Data Overview - The report provides insights into the electricity generation and consumption trends, indicating a year-on-year increase in total electricity consumption of 5.0% for 2025 [52]. - The total installed capacity of electricity generation reached 3.89 billion kilowatts by the end of 2025, marking a year-on-year growth of 16.1% [68].

证券代码：600163 证券简称：中闽能源 公告编号：2026－011 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。 中闽能源股份有限公司 关于聘任副总经理的公告 中闽能源股份有限公司董事会 2026 年 3 月 7 日 附：个人简历 颜少凌：男，1982 年 2 月生，中共党员，大学学历，工程硕士，高级工程 师。2004 年 8 月参加工作，曾任厦门华夏国际电力发展有限公司生产岗位、福 建中闽能源投资有限责任公司战略发展部项目开发主管，2016 年 6 月至 2018 年 10 月任公司战略发展部项目开发主管，2018 年 10 月至 2022 年 6 月任公司战略 发展部副经理，2022 年 6 月至今任公司战略投资部经理，2024 年 11 月起兼任福 建福州闽投海上风电有限公司董事、总经理、法定代表人。 中闽能源股份有限公司（以下简称"公司"）于 2026 年 3 月 6 日召开第十 届董事会第四次临时会议，审议通过了《关于聘任公司副总经理的议案》。根据 《公司法》《公司章程》等相关规定，经公司总经理郭政先生提名、董 ...

Meeting Overview - The first extraordinary general meeting of shareholders was held on February 26, 2026, at the conference room of Hengli City, Fuzhou, Fujian Province [2] - The meeting was convened by the board of directors and chaired by Chairman Guo Zheng, with all directors and the board secretary present [2][3] Voting and Resolutions - All resolutions presented at the meeting were approved, including the acquisition of a 51% stake in Fujian Yongtai Mintou Pumped Storage Co., Ltd. and a loan application from Xiamen International Bank [4][5] - Related shareholders, including Fujian Investment Development Group Co., Ltd., abstained from voting on the related party transactions [5] Legal Verification - The meeting was witnessed by Fujian Junli Law Firm, confirming that the procedures and voting were in compliance with legal and regulatory requirements [6]

福建君立律师事务所 关于中闽能源股份有限公司 2026 年第一次临时股东会的 法律意见书 地址 ADD：福州市鼓楼区工业路 572 号凤凰望郡三楼 邮政编码 ZIP：350002 电话 TEL：+86-591-87563807/87563808/87563809 传真 FAX：+86-591-87530756 2026 年 2 月 福建君立律师事务所 本法律意见书仅供见证公司本次股东会相关事项的合法性之目的使用，不得 用作任何其他目的。 本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则》等规定及本法律意见书出具日以前已经 发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用原则， 进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、完整，所发 表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗漏，并承 担相应法律责任。 - 1 - 关于中闽能源股份有限公司 2026 年第一次临时股东会的法律意见书 致：中闽能源股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民 共和国公司法》（以下简称"《公司法 ...

证券代码：600163 证券简称：中闽能源 公告编号：2026-010 中闽能源股份有限公司 2026年第一次临时股东会决议公告 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 | 1、出席会议的股东和代理人人数 | 582 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 100,221,226 | | 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 | | | 份总数的比例（%） | 15.4733% | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集、董事长郭政先生主持，公司全体董事和董事 会秘书出席了会议，部分高级管理人员列席了会议；本次会议采取现场投票和网 (一) 股东会召开的时间：2026 年 2 月 26 日 (二) 股东会召开的地点：福建省福州市五四路 128 号恒力城写字楼 39 层会 议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东 ...

Industry Policy and Environment - Fujian Province's policy support emphasizes the construction of transportation logistics infrastructure and the establishment of cross-strait hub channels, which directly benefits local energy companies like Zhongmin Energy, potentially enhancing regional economic vitality and investment expectations [1] - The "14th Five-Year Plan" clearly supports the development of new energy, indicating a long-term opportunity for Zhongmin Energy in the context of the industry's transition towards clean energy [1] Stock Price and Fund Performance - On December 5, 2025, Zhongmin Energy's stock price increased by 5% with a net inflow of 14.62 million yuan from main funds, reflecting a rise in short-term investor interest [2] - As of December 5, 2025, the company's price-to-earnings ratio (TTM) was 20.33, which is within the reasonable range for the industry [2] Industry and Risk Analysis - Significant fluctuations in global natural gas prices were reported, with the U.S. HH price experiencing a week-on-week decline of 74.4% in January 2026, which may impact the cost and demand for energy companies [3] - Analysts from Everbright Securities and CITIC Construction Investment noted that the Fujian sector is expected to see an overall valuation increase driven by policy dividends and industrial upgrades, but caution is advised regarding the implementation of policies and the operational efficiency of companies [3] Future Development - The realization of regional policy dividends requires specific project implementations; if these do not meet expectations, it may negatively affect stock performance [4] - The energy industry is facing intensified competition during its transition, necessitating companies to adapt to technological iterations and market pressures [4]