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 差异化分红事项之 专项法律意见 电话：021-58358013 | 传真：021-58358012 网址：http://www.gffirm.com | 电子信箱：gf@gffirm.com 办公地址：上海市浦东新区南泉北路 429 号泰康保险大厦 26 层 | 邮政编码：200120 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 差异化分红事项之专项法律意见 致：无锡华光环保能源集团股份有限公司 上海市广发律师事务所（以下简称"本所"）接受无锡华光环保能源集团股 份有限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以 下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、 《上海证券交易所上市公司自律监管指引第 7 号——回购股份》（以下简称"《自 律监管指引第 7 号》"）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，就公司 2025 年前三季度利润分配所涉及的差异化分红特殊除权除息处理（以下简称"本次差 异化分红"）的相关事宜进行专 ...

证券代码：600475 证券简称：华光环能 公告编号：临 2025-070 无锡华光环保能源集团股份有限公司 2025年季度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.1元 相关日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会授权董事会制定并实施 具体的中期分红方案。2025 年 10 月 28 日，公司召开第九届董事会第五次会议，审议通过了 《2025 年前三季度利润分配方案》。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等有关规定，公司 回购专用账户中的股份，不享有利润分配、公积金转增股本的权利。公司回购专用证券账户 中的股份将不参与本次利润分配。 1. 发放年度：2025年季度 2. 分派对象： 3. 差异化分红送转方案： （1）差异化 ...

Core Viewpoint - Huaguang Huaneng's stock price has shown significant volatility, with a year-to-date increase of 112.03%, but recent performance indicates a mixed trend in trading activity and financial results [1][2]. Financial Performance - For the period from January to September 2025, Huaguang Huaneng reported revenue of 6.662 billion yuan, a year-on-year decrease of 7.89%, and a net profit attributable to shareholders of 344 million yuan, down 28.46% compared to the previous year [2]. - The company has distributed a total of 2.502 billion yuan in dividends since its A-share listing, with 1.087 billion yuan distributed over the last three years [3]. Stock Market Activity - As of November 14, Huaguang Huaneng's stock price was 18.37 yuan per share, with a market capitalization of 17.561 billion yuan. The stock experienced a 2.03% decline during the trading session [1]. - The stock has appeared on the "龙虎榜" (a list of stocks with significant trading activity) 11 times this year, with the most recent appearance on November 3, where it recorded a net buy of 56.4436 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 34,700, up 104.23% from the previous period, while the average number of circulating shares per person decreased by 51.03% to 27,148 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 22.9533 million shares, an increase of 11.3133 million shares from the previous period [3].

Core Insights - The company Huaguang Huaneng reported a total order backlog of 1.66 billion yuan for its boiler equipment as of June 30, 2025, which includes 610 million yuan for environmental boilers, including waste heat boilers [2] Group 1 - The total order backlog for the company's boiler equipment is 1.66 billion yuan [2] - The order backlog for environmental boilers, including waste heat boilers, amounts to 610 million yuan [2]

Core Viewpoint - The announcement details the share reduction plan by key executives of Wuxi Huaguang Environmental Energy Group Co., Ltd. due to personal financial needs, with specific share quantities and conditions outlined for the planned reductions [2][5]. Group 1: Shareholding Information - As of the announcement date, the chairman, Mr. Jiang Zhijian, holds 684,913 shares (0.0716% of total shares), the general manager, Mr. Miao Qiang, holds the same amount, while other executives hold varying amounts, with the vice general manager, Mr. Mao Junhua, holding 605,600 shares (0.0633%) [1]. Group 2: Reduction Plan Details - The executives plan to reduce their holdings within three months starting 15 trading days after the announcement, with maximum reductions of 171,200 shares for Mr. Jiang and Mr. Miao, 151,400 shares for Mr. Mao, 121,800 shares for Mr. Zhou Jianwei, and 94,600 shares for Mr. Zhu Junzhong, all not exceeding 25% of their total holdings [2][3]. - The reduction price will be determined by the market price at the time of the sale, and adjustments will be made if there are any corporate actions such as dividends or stock splits during the reduction period [2][5]. Group 3: Compliance and Regulations - The share reduction plan complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the guidelines from the China Securities Regulatory Commission [6]. - The company will ensure that the reducing shareholders adhere to legal requirements and fulfill their information disclosure obligations during the reduction period [6].

Core Insights - On November 11, several A-share listed companies disclosed their share repurchase and reduction plans, indicating varying levels of confidence among shareholders in the market [1] Summary of Share Repurchase - Energy National plans to repurchase shares worth between 50 million to 100 million yuan [2] - Yuyuan shares intends to repurchase shares valued at 200 million to 300 million yuan [2] - Hot景生物 aims to repurchase shares worth between 100 million to 200 million yuan [2] Summary of Share Reduction - Yue Wannianqing's shareholders plan to reduce their holdings [2] - Jiuqiang Bio's shareholders intend to reduce no more than 0.38% of their shares [2] - Ningbo Fangzheng's major shareholders and actual controllers plan to reduce their holdings [2] - Suobao Protein's shareholders plan to collectively reduce no more than 3% of the company's shares [2] - Hetai Machinery's shareholder Haitai Jinghua plans to reduce no more than 2.98% of shares [2] - Yonghui Supermarket's private equity fund plans to reduce no more than 1% of shares [2] - Jiaojian shares' directors and executives plan to reduce their holdings [2] - Hongtong Gas's shareholder Tian Hui plans to reduce no more than 3% of shares [2] - Wentai Technology's major shareholders have cumulatively reduced 12.44 million shares recently [2] - Zhangzhou Beibei's directors and executives plan to collectively reduce no more than 0.0743% of shares [2] - Zhonggu Logistics' shareholder Gu Yang Investment plans to reduce no more than 3% of shares [2] - *ST Huawang's shareholder Wu Qun plans to reduce no more than 0.76% of shares [2]

Key Points - *ST Zhengping's stock will resume trading on November 12, 2025, after a significant increase of 152.42% from September 1 to October 28, 2025, with 21 days of trading halts and 5 instances of abnormal trading fluctuations [3] - Dongfang Zhizao plans to acquire 70% of Nantong Saifu Machinery Equipment Co., Ltd. for 27.4887 million yuan, making it a subsidiary [4] - Zhifei Biology received approval for clinical trials of a combined vaccine for adolescents and adults to prevent diphtheria, tetanus, and whooping cough [5] - CITIC Securities has been approved by the CSRC to issue up to 50 billion yuan in short-term corporate bonds [6] - Bangji Technology intends to terminate a major asset restructuring involving the acquisition of several companies, stating that current operations will not be adversely affected [7] - Dekeli is planning to issue S-shares and list on the Singapore Exchange as part of its global strategy [8] - Emei Mountain A announced that Leshan State Investment will transfer 90% of its stake in Emei Mountain Leshan Buddha Tourism Group to another state-owned entity without compensation, maintaining the current control structure [9] Performance Summary - Xincheng Development reported a contract sales amount of approximately 1.419 billion yuan in October 2025, with cumulative sales of about 16.468 billion yuan from January to October [11] - Huadong Holdings sold 242,500 pigs in October 2025, with a 19.85% month-on-month increase and a 20.80% year-on-year increase [13] - Xiamen Airport's passenger throughput in October was 2.5548 million, a year-on-year increase of 1.56% [14] Shareholding Changes - Huaguang Huaneng executives plan to reduce their holdings, with the chairman and several executives intending to sell up to 171,200 shares each [16] - Hot景 Biology announced a share buyback plan of 100 million to 200 million yuan for employee stock ownership or incentives [17] - Aladdin's controlling shareholder's stake decreased from 46.27% to 44.76% due to the dissolution of a partnership [18] - JianKai Technology's controlling shareholder plans to transfer 3% of the company's shares [19] - Yuyuan Holdings intends to repurchase shares worth 200 million to 300 million yuan at a price not exceeding 8.6 yuan per share [20] Major Contracts - China Oil Engineering's subsidiary won a project in Kazakhstan worth approximately 3.003 billion yuan for the construction of ethane and propane pipelines [22] - Dash Intelligent signed a contract for an intelligent display technology park project worth 12.7652 million yuan, which will positively impact its market share in the enterprise park sector [24]

Core Viewpoint - Huaguang Huaneng (600475.SH) announced that several shareholders plan to reduce their holdings due to personal financial needs, with specific limits on the number of shares to be sold [1] Shareholder Reduction Details - Jiang Zhijian intends to reduce his holdings by up to 171,200 shares, which does not exceed 25% of his total shareholding [1] - Miao Qiang also plans to reduce his holdings by up to 171,200 shares, maintaining the same percentage limit [1] - Mao Junhua will reduce his holdings by up to 151,400 shares, again not exceeding 25% of his total shareholding [1] - Zhou Jianwei plans to reduce his holdings by up to 121,800 shares, adhering to the same percentage limit [1] - Zhu Junzhong intends to reduce his holdings by up to 94,600 shares, also within the 25% limit [1] Trading Method and Pricing - The share reductions will be executed through centralized bidding transactions [1] - The reduction price will be determined based on the market price at the time of the sale [1]

证券代码：600475 证券简称：华光环能 公告编号：临 2025-069 无锡华光环保能源集团股份有限公司 部分董事及高管减持股份计划公告 本公司董事会、全体董事及相关股东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： 董事及高管持股的基本情况 截至本公告披露日，无锡华光环保能源集团股份有限公司（以下简称"公司"） 董事长蒋志坚先生持有公司股份 684,913 股，占公司总股本的 0.0716%；董事、 总经理缪强先生持有公司股份 684,913 股，占公司总股本的 0.0716%；副总经理 毛军华先生持有公司股份 605,600 股，占公司总股本的 0.0633%；副总经理周建 伟先生持有公司股份 487,300 股，占公司总股本的 0.0510%；副总经理朱俊中先 生持有公司股份 378,574 股，占公司总股本的 0.0396%。 减持计划的主要内容 因个人资金需求，蒋志坚、缪强、毛军华、周建伟、朱俊中拟自本公告披露 之日起 15 个交易日后的 3 个月内，通过集中竞价交易方式分别减持其所持有 的公司股份不超过 171,20 ...

Core Viewpoint - Huaguang Huaneng announced that several executives plan to reduce their shareholdings due to personal financial needs, which may impact investor sentiment and stock performance [1] Summary by Relevant Sections - **Shareholding Reduction Plan** - The chairman, general manager, and several vice presidents intend to reduce their holdings by a total of up to 17.12 thousand shares, 17.12 thousand shares, 15.14 thousand shares, 12.18 thousand shares, and 9.46 thousand shares respectively, not exceeding 25% of their total holdings [1] - The total reduction will not exceed 0.0179% of the company's total share capital [1] - **Market Conditions** - The reduction will occur through centralized bidding transactions, with the selling price determined by market conditions [1] - Any corporate actions such as dividend distributions or stock splits during the reduction period will lead to adjustments in the number and proportion of shares to be reduced [1]