Core Insights - As of August 25, 2025, Guangxi Energy's stock price is 4.12 yuan, reflecting a 0.73% increase from the previous trading day [1] - The company reported a net profit of -70.91 million yuan for the first half of 2025, but achieved a profit of 138 million yuan in the second quarter, reversing the loss from the first quarter [1] - The company's offshore wind power project in Fangchenggang generated over 1.4 billion kWh, contributing 42 million yuan to profits, which was a significant driver of performance growth [1] Company Overview - Guangxi Energy's main business includes electricity production and supply, covering hydropower, thermal power, and new energy generation [1] - The company is a key energy supplier in the Guangxi region and has been actively expanding its clean energy initiatives, including offshore wind and photovoltaic projects [1] Financial Performance - In the second quarter, despite a challenging hydrological environment, the hydropower segment still achieved a non-recurring net profit of 102 million yuan, demonstrating operational resilience [1] - On August 25, 2025, the net outflow of main funds for Guangxi Energy was 11.57 million yuan, with a cumulative net outflow of 58.03 million yuan over the past five trading days [1]

Core Viewpoint - The report highlights a significant decline in financial performance for Guangxi Energy Co., Ltd. during the first half of 2025, with notable decreases in revenue, profit, and net assets compared to the same period in the previous year [1][2]. Financial Performance Summary - Total operating revenue for the first half of 2025 was approximately CNY 1.64 billion, a decrease of 14.75% compared to CNY 1.92 billion in the same period last year [2]. - The total profit for the period was CNY 30.14 million, down 67.54% from CNY 92.84 million year-on-year [2]. - The net profit attributable to shareholders was a loss of CNY 70.91 million, a significant decline of 719.96% from a profit of CNY 11.44 million in the previous year [2]. - The net cash flow from operating activities was CNY 482.75 million, a decrease of 20.83% from CNY 609.76 million [2]. - Total assets decreased by 2.01% to CNY 22.82 billion from CNY 23.29 billion at the end of the previous year [2]. Business Operations Overview - The company operates in the electricity sector, focusing on a "factory-network integration" model that encompasses generation, supply, transmission, and sales [5]. - As of the end of the reporting period, the total installed capacity controlled by the company was 2.34 million kilowatts, with a notable increase in renewable energy capacity [5]. - The hydropower segment includes six major hydropower stations with a total capacity of 858.6 MW, while the thermal power segment has a capacity of 700 MW [5]. - The company has seen a 6.45% increase in renewable energy generation, contributing to its overall energy mix [5]. Challenges and Strategic Responses - The company faced challenges such as declining electricity prices in the market, reduced hydropower generation due to lower rainfall, and increased costs from purchasing electricity [6][7]. - To mitigate these challenges, the company has implemented cost-saving measures, including optimizing fuel usage in thermal power generation and enhancing customer service in the electricity supply segment [7]. - The company has also focused on project development, with significant progress in renewable energy projects, including the successful grid connection of the Yingshan photovoltaic project [7]. Competitive Advantages - The company benefits from government-issued electricity operating licenses, providing a competitive edge in the local market [9]. - Its established customer base and integrated operational model enhance its market stability and operational efficiency [9]. - The company's focus on clean energy, particularly hydropower, positions it favorably in the context of increasing demand for sustainable energy solutions [10].

| 广西能源股份有限公司2025 | 年半年度报告摘要 | | | | --- | --- | --- | --- | | 公司代码：600310 | 公司简称：广西能源 | | | | 广西能源股份有限公司 | | | | | 广西能源股份有限公司2025 | 年半年度报告摘要 | | | | 第一节重要提示 | | | | | 展规划，投资者应当到 | http://www.sse.com.cn 网站仔细阅读半年度报告全文。 | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | 无 | | | | | 第二节公司基本情况 | | | | | 公司股票简况 | | | | | 股票种类 股票上市交易所 | 股票简称 股票代码 | | 变更前股票 | | 简称 | | | | | A股 上海证券交易所 | 广西能源 600310 | 桂东电力 | | | 联系人和联系方式 | 董事会秘书 | 证券事务代表 | | | 姓名 张倩 | 曾军姿 | | | | 电话 | 0774-5285255 0774-5285255 | | | | 办公地址 | 广西 ...

8月25日晚间，广西能源（600310.SH）发布2025年半年度报告。受流域来水偏枯、市场电价下降等客 观因素影响，公司上半年归母净利润为-7,090.78万元，不过经营基本面在二季度取得显著改善。 与此同时，在火电业务上，公司积极应对煤价下行与市场电价双重压力，广投贺州电厂通过持续开展节 能减耗，有效缓解了成本压力。在电网业务方面，公司供电企业持续做好增供扩销，并积极争取低价电 源接入，通过"内外兼修"的方式，保障了供电毛利，提升了整体经营效率。 清洁能源战略加速兑现价值 风电业务增长亮点 上半年，广西能源新能源业务的利润增长成为另一亮点。作为广西自治区核心能源上市平台，近年来公 司积极响应国家"双碳"目标，推动绿色低碳转型。随着广西能源在清洁能源领域的持续投入与布局，已 开始加速兑现价值，成为驱动业绩增长的新动能。 备受瞩目的防城港海上风电项目，在2024年末实现全容量并网后，于2025年上半年正式投入商运。报告 期内，该项目累计发电量超14亿千瓦时，贡献利润0.42亿元，为广西能源整体业绩注入了强劲动能。这 不仅是财务数据的简单增长，更是公司在"零碳"发展道路上取得的实质性突破，彰显了其作为区域能源 ...

Core Viewpoint - Guangxi Energy (600310.SH) reported a significant improvement in its operational fundamentals in Q2 2025, despite a negative net profit of -70.91 million yuan in the first half of the year [1] Financial Performance - The company achieved a net profit of 138 million yuan in Q2, successfully reversing the losses from Q1 [1] - The total cumulative power generation from offshore wind projects exceeded 1.4 billion kilowatt-hours, contributing 42 million yuan to profits [1] - The hydropower segment generated over 100 million yuan in net profit excluding non-recurring items, demonstrating operational resilience despite challenging water conditions [1] Business Development - The rapid development of the new energy business has been a key driver of performance growth [1] - The company implemented refined management strategies to navigate a complex market environment, which contributed to the improved financial results [1]

Group 1 - The core point of the article is that Guangxi Energy held its 22nd meeting of the 9th Board of Directors on August 25, 2025, to discuss the signing of contracts related to the tenure system and contractual management for the chairman and senior executives [1] - For the fiscal year 2024, Guangxi Energy's revenue composition is as follows: electricity sales account for 57.88%, electricity production for 48.01%, other businesses for 1.15%, electricity design consulting for 0.66%, and other services for 0.53% [1] - As of the report date, Guangxi Energy has a market capitalization of 6 billion yuan [1] Group 2 - The A-share market has seen trading volumes exceed 2 trillion yuan for eight consecutive days, indicating strong market activity [1] - Major brokerage firms are actively recruiting for the autumn season, with 25 job positions available, reflecting a demand for talent in the industry [1]

Core Insights - Guangxi Energy (600310) reported a significant decline in revenue and a shift to net loss in the first half of 2025, with operating income of 1.636 billion yuan, a year-on-year decrease of 14.75% [1] - The company experienced a net loss attributable to shareholders of 70.91 million yuan, compared to a profit in the previous year, resulting in a basic earnings per share of -0.0484 yuan [1] Revenue and Profit Analysis - The decline in revenue is attributed to a decrease in electricity trading market prices, leading to lower selling prices for the company's electricity and increased costs from purchasing electricity due to reduced generation from its own hydropower plants [1] - The hydropower segment's net profit attributable to shareholders decreased year-on-year due to reduced water inflow in the Hejiang, Guijiang, and Hongshui River basins, resulting in lower electricity generation [1] - The thermal power segment also saw a decrease in net profit attributable to shareholders due to lower on-grid electricity prices and reduced generation, influenced by adjustments in the electricity market [1]

格隆汇8月25日丨广西能源（维权）(600310.SH)发布2025年半年度报告，报告期实现营业收入16.36亿 元，同比下降14.75%；归属上市公司股东的净利润-0.71亿元，同比下降719.96%；扣除非经常性损益后 的归属于上市公司股东的净利润-0.81亿元，同比下降177.05%；基本每股收益-0.0484元。 ...

证券代码：600310 证券简称：广西能源 公告编号：临 2025-038 广西能源股份有限公司 关于续聘会计师事务所并决定其报酬的公告 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： 注册地址：北京市东城区朝阳门北大街 8 号富华大厦 A 座 8 层 2、人员信息 首席合伙人为谭小青先生。截至 2024 年 12 月 31 日，信永中和合伙人（股东）259 人，注册会计师 1780 人。签署过证券服务业务审计报告的注册会计师人数超过 700 人。 3、业务信息 拟聘任的会计师事务所名称：信永中和会计师事务所（特殊普通合伙） 一、信永中和会计师事务所（特殊普通合伙）基本情况 （一）机构信息 1、基本信息 名称：信永中和会计师事务所（特殊普通合伙） 成立日期：2012 年 3 月 2 日 组织形式：特殊普通合伙企业 信永中和 2024 年度业务收入为 40.54 亿元（含统一经营），其中，审计业务收入为 25.87 亿元，证券业务收入为 9.76 亿元。2024 年度，信永中和承办年报审计项目的上 市公司 383 ...

证券代码：600310 证券简称：广西能源 公告编号：临 2025-037 广西能源股份有限公司 本议案尚需提交公司股东大会审议，股东大会召开时间另行通知。 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。 广西能源股份有限公司（以下简称"公司"）第九届董事会第二十二次会议的通知 于 2025 年 8 月 20 日以电子邮件方式发出，会议于 2025 年 8 月 25 日在广西南宁市 GIG 国际金融中心 18 楼会议室以现场表决方式召开，会议由董事长梁晓斌先生主持，应参 会董事 9 名，实际参会董事 9 名，会议材料同时送达公司监事和高管，本次会议的召集、 召开和表决程序符合《公司法》和《公司章程》的规定。会议审议并通过以下议案： 一、以 9 票赞成，0 票反对，0 票弃权，审议通过《广西能源股份有限公司 2025 年半年度报告》及摘要： 本议案已经公司董事会审计委员会审议通过。 公司《2025 年半年度报告》及摘要详见上海证券交易所网站 http://www.sse.com.cn， 《2025 年半年度报告摘要》刊登于 20 ...