淮河能源（集团）股份有限公司 2026 年第一次临时股东会材料 淮河能源（集团）股份有限公司 600575 2026 年第一次临时股东会材料 二〇二六年一月十五日 1 淮河能源（集团）股份有限公司 2026 年第一次临时股东会材料 淮河能源（集团）股份有限公司 2026 年第一次临时股东会会议议题 2 淮河能源（集团）股份有限公司 2026 年第一次临时股东会材料 议题一： 关于调整 2025 年日常关联交易预计额度及 预计 2026 年日常关联交易额度的议案 各位股东： 因公司通过发行股份及支付现金的方式购买控股股东淮南矿业（集团）有限责任公 司持有的淮河能源电力集团有限责任公司（以下简称"电力集团"）89.30%股权（以下 简称"本次交易"）。因本次交易涉及的电力集团 89.30%股权交割过户及新增股份登记手 续均已完成，电力集团成为公司全资子公司，需追加审议其 2025 年全年关联交易。同 时为规范关联交易行为，及时披露相关信息，公司对 2026 年度日常关联交易情况进行 了预计（具体内容详见公司于 2025 年 12 月 31 日在指定信息披露媒体及上海证券交易 所网站 http://www.sse. ...

Core Viewpoint - The China Securities Regulatory Commission's Anhui Bureau has imposed severe penalties on three individuals for insider trading related to Huaihe Energy, emphasizing a zero-tolerance policy towards securities violations and a strong warning against insider trading [1][2]. Group 1: Insider Trading Cases - The penalties are linked to a significant asset restructuring project by Huaihe Energy, which involves an investment of 11.694 billion yuan to acquire a controlling stake in Huaihe Energy Power Group [2]. - The insider information was deemed to have been formed no later than June 19, 2024, and was publicly disclosed on December 16, 2024 [2]. - All three individuals engaged in trading during the sensitive period, despite differing paths to obtaining the insider information [2]. Group 2: Individual Penalties - Ma Jinhua, as a statutory insider, made a profit of 72,800 yuan from trading and was fined a total of 772,800 yuan, which includes the confiscation of his illegal gains [3]. - Liu Qiang controlled two accounts and purchased 1.6398 million shares of Huaihe Energy, incurring a loss of 275,200 yuan, yet was fined 2 million yuan for his insider trading activities [4]. - Zhao Yu was found to have engaged in suspicious trading behavior and was fined 1 million yuan despite claiming her actions were based on public information [5]. Group 3: Regulatory Actions and Implications - The Anhui Bureau's actions reflect an increasing crackdown on insider trading, targeting both statutory insiders and those who illegally obtain information, regardless of the size of the transactions or whether profits were made [6]. - The penalties imposed align with the provisions of the Securities Law, which stipulates that insider traders can face fines ranging from one to ten times their illegal gains, or fines of 500,000 to 5 million yuan if no illegal gains are present [6]. - The three individuals are required to pay their fines within 15 days and may appeal the decisions, but the penalties will remain in effect during any review or litigation process [6].

Group 1 - The core viewpoint of the article is that Huaihe Energy (600575) has confirmed there is no undisclosed information that should be revealed to investors [1]

Group 1 - The core point of the article is that Huaihe Energy (600575) has provided an update regarding its subsidiary's project status, specifically the delay in the construction of the Xuhui Lizhuang Pumped Storage Power Station project until December 31, 2026, as approved by the Anhui Provincial Development and Reform Commission [1] Group 2 - Huaihe Energy's subsidiary, Changdian (Xiuning) Energy Development Co., Ltd., is a joint venture of the company's wholly-owned subsidiary, the Power Group [1] - The construction of the Xuhui Lizhuang Pumped Storage Power Station project has not yet commenced [1] - The project has received official approval for a postponement in its construction timeline [1]

Core Viewpoint - Huaihe Energy has completed a significant asset restructuring with its controlling shareholder, Huainan Mining, focusing on acquiring high-capacity, high-parameter thermal power units to enhance coal-electricity integration advantages [1] Group 1: Asset Restructuring - The company has successfully completed the acquisition of a power group, which primarily consists of large-capacity and high-parameter thermal power units [1] - This acquisition aims to strengthen the integration of coal and electricity operations [1] Group 2: Financial Planning - Huaihe Energy has established a cash dividend return plan for the years 2025-2027, which will be strictly implemented [1] - The plan is designed to improve asset quality, enhance financial conditions, and provide better returns to investors [1]

Core Viewpoint - Huaihe Energy (600575) is actively managing its operations and has completed significant asset restructuring to enhance investment value and improve financial health [1] Group 1: Company Operations - The Xieqiao Power Plant under the company is currently operating normally [1] - The company's board has completed the appointment of a new secretary as of December 30, 2025, and will proceed with the appointment of a new general manager [1] Group 2: Asset Restructuring - The company has completed a major asset restructuring with its controlling shareholder, Huainan Mining, aimed at increasing the injection of quality assets into the listed company [1] - The restructuring involves acquiring a power group with high-capacity and high-parameter thermal power units, enhancing market competitiveness [1] Group 3: Financial Strategy - The restructuring is expected to improve the company's asset quality, financial condition, and sustainable operational capabilities [1] - The company has established a cash dividend return plan for 2025-2027 and commits to strictly implementing this plan to reward investors [1]

Group 1 - The company announced that the board of directors completed the appointment of a new secretary on December 30, 2025 [2] - The company will proceed with the appointment of the general manager and related tasks in accordance with regulations [2]

Group 1 - The core point of the article is that the Huaihe Energy company has provided an update regarding the status of the Xiu Ning Li Zhuang pumped storage power station project, indicating that construction has not yet commenced and the project has been granted an extension until December 31, 2026, by the Anhui Provincial Development and Reform Commission [2] Group 2 - Huaihe Energy's subsidiary, Changdian (Xiu Ning) Energy Development Co., Ltd., is responsible for the project [2] - The company acknowledges investor inquiries regarding the project's progress and expresses gratitude for the interest shown [2]

Summary of Key Points Core Viewpoint - In December 2025, A-share listed companies in China executed a total of 22 private placements, marking a 24% year-on-year increase, with total funds raised amounting to approximately 34.9 billion yuan, a 7% year-on-year increase [1][2]. Company-Specific Summaries - Huaihe Energy led the fundraising efforts with a total of 9.94 billion yuan raised through the issuance of 328.05 million shares at a price of 3.03 yuan per share, intended for acquiring an 89.30% stake in a power group [4]. - Nanjing Securities ranked second, raising 5 billion yuan by issuing approximately 71.33 million shares at 7.01 yuan per share, aimed at enhancing its banking services and wealth management capabilities [4]. - Andisoo secured the third position with 3 billion yuan raised at a price of 7.54 yuan per share, with funds allocated for various projects including functional products and sustainable development [4]. Industry Distribution - The industrial sector led the private placements with 5 instances, raising a total of approximately 13.52 billion yuan, followed by the consumer discretionary sector with 4 placements, and both materials and information technology sectors with 3 placements each [7][8]. - In terms of pre-announced fundraising plans, the industrial sector also dominated with 17 proposals, totaling over 12.88 billion yuan, followed by the information technology sector with 11 proposals and consumer discretionary with 7 proposals [18][19].

证券日报网讯1月5日，淮河能源（600575）在互动平台回答投资者提问时表示，截至2025年12月31日， 公司股东总数为58142户。 ...