证券代码：600292 证券简称：电投水电 公告编号：临 2026-006 号 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、 召开会议的基本情况 召开地点：公司 12 楼会议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 2 月 27 日 至2026 年 2 月 27 日 股东会召开日期：2026年2月27日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 国家电投集团水电股份有限公司 关于召开2026年第一次（临时）股东会的通知 (一) 股东会类型和届次 2026年第一次（临时）股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次股东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 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2026 年 2 月 27 日 14 点 30 分 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股 东会召开当日的交易时间段，即 9:1 ...

证券代码：600292 证券简称：电投水电 编号：临 2026－004 号 国家电投集团水电股份有限公司 第十届董事会第三十八次（临时）会议决议公告 本公司董事会及全体董事保证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个别及连带责任。 国家电投集团水电股份有限公司第十届董事会第三十八次（临时） 会议通知于 2026 年 1 月 27 日以邮件方式发出，会议于 2026 年 2 月 2 日 14:30 在公司 12 楼会议室召开，应到董事 10 人，实到董事 7 人， 委托 3 人（公司董事陈斌先生因公出差，书面委托董事长姚小彦先生； 独立董事廖成林因公出差，书面委托独立董事宋蔚蔚女士；独立董事 章朝晖女士因公出差，书面委托独立董事林衍先生）；高管 5 人列席 了会议。会议的召集、召开程序符合《中华人民共和国公司法》等法 律法规、规章、规范性文件和《公司章程》的有关规定。会议由公司 董事长姚小彦先生主持，经董事认真审议及表决，全体与会董事一致 通过了如下决议： 本议案在提交董事会前已经董事会提名委员会审议通过。 二、审议通过了《关于审议公司重大资产重组项目并购贷 ...

2025年，国内水电行业呈现稳健发展态势，来水偏丰有效带动发电量增长，推动行业内企业经营效益稳 步向好。据《证券日报》记者不完全统计，截至2026年1月30日，南方电网储能股份有限公司（以下简 称"南网储能（600995）"）、贵州黔源电力（002039）股份有限公司（以下简称"黔源电力"）、中国长 江电力（600900）股份有限公司（以下简称"长江电力"）、国家电投集团水电股份有限公司（以下简 称"电投水电（600292）"）等多家水电相关上市公司披露了2025年业绩预告或业绩快报。 发电量增长 1月30日，南网储能发布2025年业绩预告显示，报告期内，该公司调峰电站来水较好，发电量同比增 加，售电收入及利润同比增加；预计2025年度实现归属于母公司所有者的净利润为16.67亿元至17.27亿 元，同比增长47.98%至53.31%。 1月29日，电投水电发布了业绩预增公告，预计2025年度实现归属于母公司所有者的净利润为5.17亿元 左右，与上年同期（追溯调整前）相比，同比增长1337%左右。 1月21日，黔源电力发布的2025年业绩预告显示，预计实现归属于上市公司股东的净利润为5.67亿元至 6.33亿 ...

Group 1 - Zhongyuan Expressway (600020) expects a net profit of approximately 612 million yuan for 2025, a decrease of about 30% year-on-year [1] - Bomin Electronics (603936) anticipates a net profit of 15 million to 22 million yuan for 2025, achieving a turnaround from loss to profit compared to the previous year [2] - Fangda Special Steel (600507) forecasts a net profit of 835 million to 998 million yuan for 2025, an increase of 236.9% to 302.67% year-on-year [3] Group 2 - Jiadu Technology (600728) expects a net profit of 160 million to 200 million yuan for 2025, recovering from a loss of 115 million yuan in the previous year [4] - Changyang Technology (688299) predicts a net loss of 116 million to 168 million yuan for 2025 [5] - Zhongzi Technology (688737) anticipates a net loss of 45.24 million to 67.86 million yuan for 2025 [6] Group 3 - Two-sided Needle (600249) expects a net profit of 5 million to 10 million yuan for 2025, a decline of 87.67% to 93.83% year-on-year [7] - Sanrenxing (605168) forecasts a net profit of 181 million to 209 million yuan for 2025, an increase of 46.79% to 69.5% year-on-year [8] - Shubeide (300322) anticipates a net profit of 60 million to 70 million yuan for 2025, recovering from a loss of 64.46 million yuan in the previous year [9] Group 4 - Maoye Commercial (600828) expects a net loss of 201 million to 242 million yuan for 2025 [10] - Hongsheng Huayuan (601096) forecasts a net profit of 348 million to 400 million yuan for 2025, an increase of 51.22% to 73.82% year-on-year [11] - Huafeng Technology (688629) anticipates a net profit of 338 million to 388 million yuan for 2025, achieving a turnaround from loss to profit [12] Group 5 - Aerospace Rainbow (002389) expects a net profit of 25 million to 31 million yuan for 2025, a decrease of 64.84% to 71.65% year-on-year [14] - Shangong Shenbei (600843) predicts a net loss of 120 million to 150 million yuan for 2025, compared to a loss of 244 million yuan in the previous year [15] - Chaoxun Communication (603322) anticipates a net profit of 36 million to 54 million yuan for 2025, achieving a turnaround from loss to profit [16] Group 6 - Guannong Co. (600251) expects a net profit of 330 million to 340 million yuan for 2025, an increase of 61.29% to 66.18% year-on-year [17] - Shandong Steel (600022) forecasts a net profit of around 100 million yuan for 2025, recovering from a loss of 2.891 billion yuan in the previous year [18] - Baili Technology (603959) anticipates a net loss of 140 million to 200 million yuan for 2025 [19] Group 7 - Electric Power Investment Hydropower (600292) expects a net profit of approximately 517 million yuan for 2025, a year-on-year increase of about 1337% [20] - Aibulu (301259) forecasts a net profit of 26 million to 33.8 million yuan for 2025, recovering from a loss of 30.84 million yuan in the previous year [21] - Yipin Hong (300723) announced that its subsidiary received approval for clinical trials of a new drug [22] Group 8 - Meixin Sheng (688458) plans to acquire 100% equity of Xinyan Micro for 160 million yuan [23][24] - Lanshi Heavy Industry (603169) expects a net loss of 370 million to 440 million yuan for 2025, transitioning from profit to loss [25] - Hongyang (000525) anticipates a net loss of 260 million to 390 million yuan for 2025, compared to a profit of 388 million yuan in the previous year [26] Group 9 - Tianzhihang (688277) predicts a net loss of 165 million to 198 million yuan for 2025, with losses expected to widen by 36.22% to 63.46% compared to the previous year [27] - Tongda Co. (002560) announced plans for a major shareholder to reduce holdings by no more than 1% [28] - *ST Chengchang (001270) expects a net profit of 95 million to 124 million yuan for 2025, recovering from a loss of 31.12 million yuan in the previous year [29] Group 10 - Yirui Technology (688301) reported a net profit of 661 million yuan for 2025, a year-on-year increase of 42.15% [30] - Hualitai (001217) anticipates a net loss of 28 million to 38 million yuan for 2025, transitioning from profit to loss [31] - Yunjiji Group (001288) expects a net profit of 220 million to 252 million yuan for 2025, a year-on-year increase of 40% to 60% [32] Group 11 - Heertai (002402) forecasts a net profit of 638 million to 729 million yuan for 2025, an increase of 75% to 100% year-on-year [33] - Shenhao Technology (300853) anticipates a net loss of 185 million to 220 million yuan for 2025, compared to a loss of 238 million yuan in the previous year [34] - Zhongyan Dadi (003001) expects a net profit of 10 million to 15 million yuan for 2025, a decline of 75.97% to 83.98% year-on-year [35] Group 12 - Landai Technology (002765) forecasts a net profit of 180 million to 200 million yuan for 2025, a year-on-year increase of 44.83% to 60.93%, with a non-recurring profit of 140 million to 160 million yuan, an increase of 113.1% to 143.54% [37] - Yingfeite (300582) plans to raise product prices by 5% to 15% starting March 1, 2026, due to rising raw material costs [38] - Lanzhou Bank (001227) plans to distribute 285 million yuan in cash dividends for the 2025 interim profit distribution [39] Group 13 - Wancheng Group (300972) announced plans for shareholders to reduce holdings by no more than 1.27% [40] - *ST Huarong (600421) expects to turn a profit in 2025, with a projected net profit of 6.5 million to 8 million yuan [41] - Jiaheng Home (300955) anticipates a net loss of 29 million to 39 million yuan for 2025, compared to a loss of 23.69 million yuan in the previous year [42] Group 14 - Aide Biology (300685) announced plans for a major shareholder to reduce holdings by no more than 1.22% [43] - Haixia Innovation (300300) expects a net profit of 100 million to 150 million yuan for 2025, a year-on-year increase of 1660.56% to 2540.85% [44]

证券日报网讯 1月28日，电投水电发布公告称，公司预计2025年度实现归属于母公司所有者的净利润 51，691万元左右，与上年同期（追溯调整前）相比，增加48，095万元左右，同比增长1337%左右。 （文章来源：证券日报） ...

因公司实施重大资产重组，2025年10月31日完成五凌电力有限公司、国家电投集团广西长洲水电开发有 限公司资产交割，两家公司纳入公司合并范围，新增水力发电及流域水电站新能源一体化综合开发运营 业务，公司2025年同期（追溯调整前）相比业绩大幅增长。 格隆汇1月28日丨电投水电(600292.SH)公布，公司预计2025年度实现归属于母公司所有者的净利润 51,691万元左右，与上年同期（追溯调整前）相比，增加48,095万元左右，同比增长1337%左右。公司 预计2025年度实现归属于母公司所有者的扣除非经常性损益的净利润3,367万元左右，与上年同期（追 溯调整前后）相比，增加1,540万元左右，同比增长84%左右。 ...

（记者 曾健辉） 每经AI快讯，电投水电1月28日晚间发布业绩预告，预计2025年度实现归属于母公司所有者的净利润约 5.17亿元左右，与上年同期相比，增加约4.81亿元左右，同比增长1337%左右。因公司实施重大资产重 组，五凌电力有限公司、国家电投集团广西长洲水电开发有限公司在2025年10月末并入公司合并范围， 公司在报告期内因同一控制下企业合并增加子公司，应视同合并后的报告主体在以前期间一直存在，故 上年同期的数据按同控原则追溯调整后列示，2025年度实现归属于母公司所有者的净利润与上年同期相 比将减少约2.89亿元左右，同比下降36%左右。业绩变动主要原因是，因公司实施重大资产重组，2025 年10月31日完成五凌电力有限公司、国家电投集团广西长洲水电开发有限公司资产交割，两家公司纳入 公司合并范围，新增水力发电及流域水电站新能源一体化综合开发运营业务，公司2025年同期相比业绩 大幅增长。 每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 ...

格隆汇1月28日｜电投水电公告，公司预计2025年度实现归属于母公司所有者的净利润51,691万元左 右，与上年同期（追溯调整前）相比，增加48,095万元左右，同比增长1337%左右。因公司实施重大资 产重组，2025年10月31日完成五凌电力有限公司、国家电投集团广西长洲水电开发有限公司资产交割， 两家公司纳入公司合并范围，新增水力发电及流域水电站新能源一体化综合开发运营业务，公司2025年 同期（追溯调整前）相比业绩大幅增长。 ...

证券代码：600292 证券简称：电投水电 公告编号：临 2026-003 号 国家电投集团水电股份有限公司 2025 年度业绩预增公告 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： 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 本期业绩预告适用于实现盈利，且净利润与上年同期相 比上升 50%以上的情形。业绩预增主要是公司重大资产 重组实施完成后合并范围的变化影响所致。 公司预计 2025 年度实现归属于母公司所有者的净利润 51,691 万元左右，与上年同期（追溯调整前）相比，增 加 48,095 万元左右，同比增长 1337%左右。 公司预计2025年度实现归属于母公司所有者的扣除非经 常性损益的净利润 3,367 万元左右，与上年同期（追溯调 整前后）相比，增加 1,540 万元左右，同比增长 84%左 右。 经财务部门初步测算，预计 2025 年度实现归属于母公司所 有者的净利润 51,691 万元左右，与上年同期（追 ...

Core Insights - The Chinese coal additive industry is evolving from a simple "fuel-saving" role to a comprehensive solution that integrates "low carbon emissions, environmental compliance, and efficient combustion" [1][4] - The market size of the coal additive industry in China is projected to reach approximately 57.8 billion yuan in 2024, representing a year-on-year growth of 9.89% [1][4] Industry Overview - Coal additives are chemical substances added to coal to improve combustion efficiency, reduce pollutant emissions (such as SO₂, smoke, NOₓ), prevent boiler fouling and corrosion, and extend equipment lifespan [2][3] - The core principles of coal additives include lowering the activation energy of coal oxidation reactions, promoting complete combustion, converting harmful substances into harmless ones, and optimizing combustion conditions [2] Industry Value Chain - The upstream of the coal additive industry includes raw materials such as potassium nitrate, potassium chlorate, potassium permanganate, manganese dioxide, iron oxide, aluminum oxide, titanium dioxide, rare earth elements, and various sulfur-fixing agents [2] - The midstream involves the production and manufacturing of coal additives, while the downstream applications are primarily in thermal power, steel, cement, and chemical industries [2] Market Size - The coal additive industry is a crucial component of the clean and efficient utilization of coal, driven by the "dual carbon" strategy and stringent emission reduction requirements in high coal-consuming industries [1][4] - The demand for coal additives is increasing as industries seek to lower coal consumption, enhance combustion efficiency, and achieve simultaneous desulfurization, denitrification, carbon reduction, and ash removal [1][4] Key Companies - Yuan Da Environmental Protection Co., Ltd. focuses on a composite solution of "desulfurization efficiency agents + fuel-saving agents" and has covered over 20 units within its group [5] - Shandong Jiahe New Energy Development Co., Ltd. specializes in "HS" series environmental fuel-saving catalysts, leveraging partnerships with top universities for R&D [7] - The National Energy Investment Group's subsidiary emphasizes the development of coal additives and environmental technology integration, achieving significant efficiency improvements in desulfurization and fuel-saving [5] Industry Development Trends 1. **Policy and Technology Dual Drive**: The industry is shifting from "end-of-pipe treatment" to "process optimization" due to stricter environmental regulations and advancements in technology [8] 2. **Diversified Market Demand**: While the power industry remains the core demand driver, sectors like steel, cement, and chemicals are rapidly increasing their demand for coal additives [8] 3. **Optimized Competitive Landscape**: The industry is seeing increased concentration, with small and medium enterprises leveraging technological differentiation to compete [9]