Group 1 - The core point of the news is that Zhongmin Energy's stock price increased by 5.01% to 6.08 CNY per share, with a trading volume of 409 million CNY and a turnover rate of 3.62%, resulting in a total market capitalization of 11.57 billion CNY [1] - Zhongmin Energy, established on May 26, 1998, and listed on June 2, 1998, is primarily engaged in the development, construction, and operation of onshore wind power projects, with wind power accounting for 96.16% of its main business revenue [1] - The company also has minor contributions from other energy sources, including biomass power generation (1.16%), photovoltaic power generation (1.06%), and supplementary income (1.61%) [1] Group 2 - Guohai Franklin Fund has a significant holding in Zhongmin Energy, with the Guofu Tianyi Mixed A Fund (005652) reducing its holdings by 6,700 shares, now holding 14,000 shares, which represents 0.92% of the fund's net value, ranking it as the fifth-largest holding [2] - The Guofu Tianyi Mixed A Fund was established on March 27, 2018, with a current size of 6.0113 million CNY, achieving a year-to-date return of 4.58% and a one-year return of 6.27% [2] - The fund's performance ranks 7096 out of 8140 in its category year-to-date and 6330 out of 8056 over the past year, with a cumulative return of 53.66% since inception [2] Group 3 - The fund managers of Guofu Tianyi Mixed A are Wang Li and Gao Yanyun, with Wang Li having a tenure of 9 years and 300 days, managing assets totaling 32.722 billion CNY, achieving a best return of 46.64% and a worst return of -0.71% during her tenure [3] - Gao Yanyun has a tenure of 3 years and 130 days, managing assets of 763 million CNY, with a best return of 42.52% and a worst return of 8.55% during her tenure [3]

Core Insights - On November 14, Zhongmin Energy's stock rose by 5.01%, reaching 6.08 CNY per share, with a trading volume of 409 million CNY and a turnover rate of 3.62%, resulting in a total market capitalization of 11.57 billion CNY [1] Company Overview - Zhongmin Energy Co., Ltd. is located in Fuzhou, Fujian Province, and was established on May 26, 1998, with its listing date on June 2, 1998 [1] - The company's main business involves the development, construction, and operation of onshore wind power projects [1] - Revenue composition is as follows: wind power 96.16%, other (supplementary) 1.61%, biomass power generation 1.16%, and photovoltaic power generation 1.06% [1] Shareholder Insights - Among the top ten circulating shareholders of Zhongmin Energy, a fund under Southern Fund holds a position [2] - The Southern CSI 1000 ETF (512100) reduced its holdings by 108,000 shares in the third quarter, now holding 6.9635 million shares, which accounts for 0.37% of circulating shares [2] - The estimated floating profit from this position is approximately 2.0194 million CNY [2] - The Southern CSI 1000 ETF was established on September 29, 2016, with a latest scale of 76.63 billion CNY and has achieved a year-to-date return of 28.92% [2] - The fund manager, Cui Lei, has a total asset scale of 122.76 billion CNY, with the best fund return during her tenure being 175.92% [2]

Core Viewpoint - 中闽能源's stock price has experienced fluctuations, with a current price of 5.77 yuan per share and a total market capitalization of 10.98 billion yuan, reflecting a year-to-date decline of 3.95% [1] Financial Performance - For the period from January to September 2025, 中闽能源 reported operating revenue of 1.08 billion yuan, a year-on-year decrease of 1.40%, and a net profit attributable to shareholders of 328 million yuan, down 19.82% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 644 million yuan, with 481 million yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, 中闽能源 had 39,300 shareholders, a decrease of 3.93% from the previous period, with an average of 48,365 circulating shares per shareholder, an increase of 4.09% [2] - The top circulating shareholder is 工银红利优享混合A, holding 40.61 million shares, an increase of 7.60 million shares from the previous period [3] - New entrants among the top shareholders include 东方红新动力混合A and 东方红京东大数据混合A, holding 15.40 million and 10.00 million shares respectively [3] Market Activity - On November 11, 中闽能源's stock saw a decline of 2.04% during trading, with a trading volume of 153 million yuan and a turnover rate of 1.38% [1] - The stock has shown a slight increase of 0.52% over the last five trading days, with a 20-day increase of 11.39% and a 60-day increase of 6.07% [1]

Group 1 - The company is primarily engaged in the investment, development, and operation of renewable energy projects such as wind and solar power generation [2] - The company has not yet ventured into the fields of energy storage and nuclear power [2]

Core Viewpoint - The company, Zhongmin Energy, focuses on investment, development, and operation of renewable energy projects, specifically wind and solar power, and has not ventured into energy storage or nuclear power sectors [1] Company Summary - Zhongmin Energy's main business activities include wind power and solar power generation projects [1] - The company has confirmed that it is currently not involved in the energy storage or nuclear power industries [1]

Core Viewpoint - The company, Zhongmin Energy, focuses on the investment, development, and operation of renewable energy projects, specifically wind and solar power, and has not ventured into energy storage or nuclear power sectors [1] Company Overview - Zhongmin Energy's main business activities include wind power and photovoltaic power generation [1] - The company is currently not involved in the energy storage or nuclear power sectors [1]

Group 1 - The A-share market saw a strong performance in the power sector, with several stocks hitting the daily limit up [1] - ShenNan Electric A, ZhaoXin Co., and MinDong Power all reached the daily limit up, indicating significant investor interest [1] - MeiYan JiXiang increased by over 6%, while NanWang Storage gained over 5%, and HuaYin Power rose over 4% [1] Group 2 - ZhongMin Energy and HuaDian Energy both experienced gains of over 3%, reflecting a positive trend in the industry [1]

Core Viewpoint - The company, Zhongmin Energy Co., Ltd., is set to hold a performance briefing for the third quarter of 2025 on November 14, 2025, to discuss its operational results and financial status with investors [3][6]. Group 1: Meeting Details - The performance briefing will take place on November 14, 2025, from 10:00 AM to 11:00 AM [2][6]. - The meeting will be conducted via video and online interaction at the Shanghai Stock Exchange Roadshow Center [3][6]. - Investors can submit questions from November 7 to November 13, 2025, before 4:00 PM through the Roadshow Center website or via the company's email [5][6]. Group 2: Participants - Key participants in the meeting will include the company's Chairman and General Manager, Guo Zheng, the Chief Financial Officer, Liu Shangying, the Board Secretary, Chen Hairong, and the Independent Director, Lin Lianqing [4]. Group 3: Contact Information - For inquiries, investors can contact the company's Securities Legal Affairs Department at 0591-87868796 or via email at zmzqb@zmny600163.com [7]. - After the meeting, investors can view the meeting's proceedings and main content on the Shanghai Stock Exchange Roadshow Center [7].

证券代码：600163 证券简称：中闽能源 公告编号：2025－038 中闽能源股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： ●会议召开时间：2025 年 11 月 14 日（星期五）上午 10:00-11:00 ●会议召开地点：上证路演中心 https://roadshow.sseinfo.com/ ●会议召开方式：上证路演中心视频和网络互动 一、说明会类型 本次业绩说明会以视频结合网络互动形式召开，公司将针对 2025 年第三季 度经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允 许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 14 日（星期五）上午 10:00-11:00 （二）会议召开地点：上证路演中心 https://roadshow.sseinfo.com/ （三）会议召开方式：上证路演中心视频和网络互动 三、参加人员 公司党委书记、董事长兼总经理郭 ...

Core Viewpoint - The renewable energy sector in China is poised for significant growth, with projections indicating that renewable energy generation could double in the next five years, potentially replacing fossil fuels in the energy supply [2] Group 1: Industry Trends - The electricity sector is experiencing a transformation, with power operators gaining renewed vitality and intrinsic value being reassessed due to ongoing reforms [3] - The demand for electricity is robust, driven by the urgent need for smart grid upgrades and infrastructure improvements, leading to a high growth cycle in grid investment [5] - The photovoltaic (PV) industry is witnessing a trend of reducing losses, with the third quarter showing signs of recovery and a potential for performance improvement [5][6] Group 2: Investment Recommendations - Investors are encouraged to focus on high-quality thermal power operators such as Huaneng International and Datang Power, as well as major hydropower companies like Yangtze Power and Guotou Power [3] - The electricity sector's basic fundamentals are solidifying, with recommendations to pay attention to long-cycle growth areas such as ultra-high voltage and smart grid technologies [4] - The PV industry is expected to benefit from a dual boost of performance improvement and structural changes, suggesting a favorable environment for investment in this sector [5][6]