上海市广发律师事务所 关于无锡华光环保能源集团股份有限公司 本所律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神发表意见如下： 2025 年第一次临时股东会的法律意见书 致：无锡华光环保能源集团股份有限公司 无锡华光环保能源集团股份有限公司（以下简称"公司"）2025 年第一次临 时股东会于 2025 年 8 月 15 日在无锡市金融一街 8 号国联金融大厦 15 楼 1516 会议室召开。上海市广发律师事务所经公司聘请，委派陈洁律师、张燕珺律师出 席现场会议，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公 司股东会规则》（以下简称"《股东会规则》"）等法律法规、其他规范性文件以及 《无锡华光环保能源集团股份有限公司章程》（以下简称"《公司章程》"）的规定， 就本次股东会的召集和召开程序、召集人及出席会议人员的资格、会议议案、表 决方式和表决程序、表决结果和会议决议等出具本法律意见书。 为出具本法律意见书，本所律师对本次股东会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 公司已向本所保证和承诺，公司向本所 ...

从资金流向上来看，当日电力板块主力资金净流出10.67亿元，游资资金净流出1.64亿元，散户资金净流 入12.3亿元。电力板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 601778 晶科科技 | | | 2.38亿 | 20.49% | -9992.83万 | -8.60% | -1.38 Z | -11.89% | | 600900 长江电力 | | | 2.02亿 | 7.14% | -2.04亿 | -7.22% | 244.31万 | 0.09% | | 002015 协鑫能科 | | | 1.15 | 8.03% | 607.06万 | 0.42% | -1.21 乙 | -8.45% | | 600930 华电新能 | | | 6107.08万 | 4.19% | -5218.35万 | -3.58% | -888.72万 | -0.61% | | 002893 ...

Investment Rating - The industry rating is "Outperform the Market" [4] Core Insights - The hydrogen energy index closed at 2322.90 points as of August 8, 2025, with a weekly increase of 3.68% and a year-to-date increase of 30.73% [9][10] - The number of successful bids for electrolyzer projects has increased, and the hydrogen heavy-duty truck has made significant progress, with a 400kW fuel cell hydrogen truck entering the testing phase [36] Summary by Sections 1. Hydrogen Industry Market Performance - The hydrogen energy index has shown an upward trend, ranking 29th among Shenwan secondary industries as of August 8, 2025 [9] - The top five companies in the hydrogen energy sector for weekly gains were Huaguang Huaneng (46.75%), Koweir (39.81%), Sulian Co. (31.25%), ST Diweixun (30.77%), and Chunhui Zhikong (23.31%) [14] 2. Hydrogen Industry Data Review 2.1 Electrolyzer Data Review - A total of 5 successful bids for hydrogen projects were recorded this week, including 3 for electrolyzers, with a total hydrogen production capacity of 3 Nm³/h [16] - New bidding projects for electrolyzers include a total scale of 55 MW and a hydrogen production capacity of 11,000 Nm³/h [18] 2.2 FCV Related Data Review - In July 2025, the production of fuel cell vehicles (FCVs) increased by 21.81% month-on-month, with 229 new units produced [19] - Cumulative production of FCVs reached 1,593 units in the first seven months of 2025, a year-on-year decrease of 54.47% [19] 3. Industry Dynamics and Company Updates 3.1 Industry Dynamics - A 50,000-ton wind-solar green electricity hydrogen liquefaction project has been approved [31] - The world's first 30MW pure hydrogen gas turbine demonstration project has officially started construction [31] 3.2 Hydrogen Company Dynamics - The 400kW fuel cell hydrogen heavy-duty truck developed by Rongcheng New Energy has completed integration and entered the testing phase [34] - Tianhe Yuan Hydrogen's MW-level container hydrogen production equipment has been shipped to Europe for demonstration [34]

天眼查商业履历信息显示，无锡华光环保能源集团股份有限公司，成立于2000年，位于无锡市，是一家 以从事电力、热力生产和供应业为主的企业。企业注册资本95596.5729万人民币，实缴资本40340.36万 人民币。公司法定代表人为蒋志坚。 通过天眼查大数据分析，无锡华光环保能源集团股份有限公司共对外投资了46家企业，参与招投标项目 2737次，知识产权方面有商标信息33条，专利信息905条，此外企业还拥有行政许可133个。 来源：金融界 金融界消息 截至2025年8月12日收盘，华光环能（600475）报收于22.45元，下跌1.88%，换手率 3.58%，成交量33.78万手，成交金额7.47亿元。 资金流向方面，今日主力资金净流出2934.98万元，占比成交额3.93%。其中，超大单净流出1616.83万 元、占成交额2.16%，大单净流出1318.15万元、占成交额1.76%，中单净流出流出3022.58万元、占成交 额4.05%，小单净流入5957.55万元、占成交额7.97%。 华光环能最新一期业绩显示，截至2025一季报，公司营业总收入19.65亿元、同比减少32.25%，归属净 利润1.29亿元 ...

| | 划 | | | | | | --- | --- | --- | --- | --- | --- | | 301022 | 海泰科 | 6 | 1.63 | 5.58 | 37.58 | | 688273 | 麦澜德 | 6 | 1.25 | 6.36 | 54.34 | | 688271 | 联影医 疗 | 7 | 1.18 | 3.50 | -1.61 | | 601628 | 中国人 寿 | 6 | 1.09 | 4.24 | -0.15 | | 002768 | 国恩股 份 | 5 | 0.92 | 7.15 | 7.20 | | 603040 | 新坐标 | 5 | 0.70 | 7.74 | 11.34 | | 002634 | 棒杰股 | 7 | 0.65 | 8.10 | 17.51 | | | 份 | | | | | | 603137 | 恒尚节 | 1 1 | 0.65 | 11.78 | 11.20 | | | 能 | | | | | | 002966 | 苏州银 | 5 | 0.63 | 5.21 | -1.15 | | | 行 | | | | | | 688112 | 鼎阳科 ...

Core Points - The CSI Tencent Ji'an Value 100 A-Share Index has shown significant growth, with a 6.92% increase over the past month, 13.78% over the past three months, and 14.10% year-to-date [1] - The index is composed of 100 listed companies selected based on their investment value assessments by Tencent and Ji'an Jinxin's evaluation committee [1] - The index's top ten holdings include Huaguang Huaneng (1.94%), Chenxin Pharmaceutical (1.92%), and Taotao Automotive (1.8%) among others [1] Market Composition - The CSI Tencent Ji'an Value 100 A-Share Index is primarily composed of stocks from the Shanghai Stock Exchange (64.71%) and Shenzhen Stock Exchange (35.29%) [1] - The industry distribution of the index shows that Industrial sector holds 27.80%, Consumer Discretionary 17.84%, and Materials 12.44% among others [2] Index Management - The index samples are adjusted biannually, with changes implemented on the next trading day after the second Friday of June and December [2] - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or undergoes significant corporate changes [2] Fund Tracking - Public funds tracking the CSI Tencent Ji'an include the Galaxy Regular Investment Fund [3]

New Stock Issuance - Hongyuan Co., Ltd. (stock code: 920018) issued shares at a price of 9.17 on August 11, 2025[1] - China Shipbuilding Industry Corporation (stock code: 600150) has a cash acquisition request period from August 13 to August 15, 2025[1] - ST Kelly (stock code: 300326) has a tender offer period from July 17 to August 15, 2025[1] Rights and Announcements - China Heavy Industry (stock code: 601989) has a cash option declaration period starting August 13, 2025[1] - Fushun Special Steel (stock code: 600399) has a tender offer period from August 12 to September 10, 2025[1] - North Long Dragon (stock code: 301357) has an announcement link for further details[1] Market Volatility - Several stocks, including ST Xifa (stock code: 000752) and ST Aowei (stock code: 002231), are under observation for significant price fluctuations[1] - The report highlights abnormal fluctuations in stocks such as ST Songfa (stock code: 603268) and ST Yancheng (stock code: 603063)[2]

Group 1 - The core viewpoint of the article highlights the recent performance and financial metrics of Huaguang Huaneng (600475), indicating a significant drop in revenue and profit for the first quarter of 2025 compared to the previous year [1] - As of August 11, 2025, Huaguang Huaneng's stock closed at 22.88 yuan, reflecting a 7.98% increase with a trading volume of 642,900 hands and a transaction amount of 1.414 billion yuan [1] - The company's latest quarterly report shows total operating revenue of 1.965 billion yuan, a year-on-year decrease of 32.25%, and a net profit attributable to shareholders of 129 million yuan, down 30.77% year-on-year [1] Group 2 - Huaguang Huaneng has made investments in 46 companies and participated in 2,728 bidding projects, indicating active engagement in the market [2] - The company holds 33 trademark registrations and 905 patents, showcasing its focus on intellectual property [2] - Additionally, Huaguang Huaneng has obtained 133 administrative licenses, reflecting its compliance and operational capabilities [2]

Group 1 - Huaguang Huaneng has experienced a significant stock price increase, reaching a limit up and achieving a five-day consecutive rise [2] - The cumulative increase over the past five days is 61.09% [2]

Group 1 - The core viewpoint is that Huaguang Huaneng has experienced a significant stock price increase, achieving a limit-up and a total rise of 61.09% over five consecutive trading days [1] Group 2 - The stock has reached a limit-up, indicating strong market interest and investor confidence [1] - The five-day cumulative increase reflects a robust performance in the market, suggesting potential positive sentiment towards the company [1]