山西省国新能源股份有限公司 2025 年第一次临时股东大会材料 2025 年 10 月 20 日 1 山西省国新能源股份有限公司 2025 年第一次临时股东大会会议须知 山西省国新能源股份有限公司 2025 年第一次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 会议的顺利进行，根据中国证监会《上市公司股东大会规则》及《公司章程》的 规定，特制定本须知： 一、本公司根据《公司法》《证券法》《上市公司股东大会规则》及《公司 章程》的规定，认真做好召开股东大会的各项工作。 二、本次会议期间，全体参会人员应以维护股东的合法权益，确保会议的正 常秩序和议事效率为原则，自觉履行法定义务。 三、为保证本次会议的严肃性和正常秩序，除出席会议的股东及股东代理人、 董事、监事、公司高级管理人员、公司聘任律师及中介机构外，公司有权依法拒 绝其他人员入场，对于干扰会议秩序，寻衅滋事和侵犯其他股东合法权益的行为， 公司有权予以制止并及时报告有关部门查处。 四、股东到达会场后，请在"出席股东签名册"上签到。股东签到时，应出 示以下证件和文件。 1.法人股东的法定代表人出席会议的，应出示本人身份 ...

证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-031 山西省国新能源股份有限公司 关于召开2025年第一次临时股东大会的通知 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。 重要内容提示： 一、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 20 日 14 点 30 分 召开地点：山西示范区中心街 6 号西座，四层 8 号会议室 股东大会召开日期：2025年10月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一)股东大会类型和届次 2025年第一次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大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 (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大会网络投票系统 网络投票起止时间：自2025 年 10 月 20 日 至2025 年 10 月 20 日 涉及融资融券、转融通业务、约定购回业务相关账户以 ...

证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-029 山西省国新能源股份有限公司 第十届监事会第十七次会议决议公告 经第十届监事会全体监事一致同意，山西省国新能源股份有限公司（以下简 称"公司"）第十届监事会第十七次会议于2025年9月29日以通讯表决的方式召开。 本次会议的通知于2025年9月26日以电子邮件方式通知全体监事，并经全体监事 同意由任晶晶女士召集和主持。本次会议应参加表决监事4名，实际参加表决监 事4名。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法 律法规、规范性文件和《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事审议表决，形成会议决议如下： 议案：审议通过《关于取消监事会并修订<公司章程>的议案》 详见公司于2025年9月30日披露的《山西省国新能源股份有限公司关于取消 监事会并修订<公司章程>及调整公司组织架构的公告》（2025-030）。 表决结果：同意4票，反对0票，弃权0票。 该议案尚需提交股东大会审议。 特此公告。 本公司监事会及全体监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 ...

证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-028 议案一：审议通过《关于推荐刘联涛先生为公司非独立董事候选人的议案》 因工作变动原因，杨广玉先生不再担任公司董事，根据《中华人民共和国公 司法》《公司章程》对董事候选人提名的规定，公司控股股东华新燃气集团有限 公司提名刘联涛先生为非独立董事候选人。董事会提名委员会对该候选人进行任 职资格审查，认为其具备董事任职资格，且其本人同意担任公司非独立董事。董 事会同意推荐刘联涛先生为公司第十一届董事会非独立董事候选人，并提交公司 股东大会审议，任期自股东大会审议通过之日至第十一届董事会任期结束之日止。 1 山西省国新能源股份有限公司 第十一届董事会第三次会议决议公告 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。 一、董事会会议召开情况 山西省国新能源股份有限公司（以下简称"公司"）第十一届董事会第三次 会议由董事长李晓武先生提议并召集，于2025年9月29日以通讯表决的方式召开。 此次会议的通知于2025年9月26日以电子邮件方式通知全 ...

Group 1 - The core point of the news is that Guo New Energy announced the cancellation of its supervisory board and the revision of its articles of association during a board meeting held on September 29, 2025 [1] - Guo New Energy's revenue composition for the year 2024 is reported to be 98.1% from commercial activities [2] - As of the latest report, Guo New Energy has a market capitalization of 5.7 billion yuan [2] Group 2 - The competition between Farmer and Yibao has intensified, with Farmer's green bottle launch leading to a significant decline in Yibao's market share, dropping nearly 5 percentage points [2]

Core Insights - The white paper reveals that the Chinese consumer market has entered a "new quality consumption" phase, where the decision-making process is influenced by four value comparisons: cost-performance, quality-price, aesthetic-price, and emotional-price [3] - The new energy vehicle (NEV) market has shifted from being driven by first-time purchases to being dominated by replacement purchases, with the replacement purchase rate increasing by 16.4 percentage points to 53.3% in 2024 [4] - The consumer structure for NEVs is undergoing significant changes, with an increase in older users and a more balanced gender distribution, as well as a shift in regional market penetration towards lower-tier cities [5] - The decision-making process for purchasing vehicles has evolved from a focus on functionality to an emphasis on experience, with consumers increasingly seeking information through online channels and valuing both cost and experience [6][7] - Projections indicate that by 2030, the penetration rate of NEVs will reach 75%, driven by advancements in technology and product trends, including the diversification of technology routes and the integration of vehicle and home ecosystems [8] Market Trends - The white paper highlights the transformation of the NEV market from "scale expansion" to "high-quality development," emphasizing the importance of technology iteration, policy optimization, and consumer upgrades [9] - The NEV market is expected to see stable growth, with sales projected to reach 19.95 million units by 2030, maintaining a strong focus on technological advancements and consumer preferences [8]

Core Insights - The 2025 World New Energy Vehicle Conference in Hainan highlights the importance of China's role in promoting global cooperation in the new energy vehicle industry and achieving a green and intelligent transformation of the automotive sector [1][3] - Hainan is set to become a key base for the automotive industry's international expansion, with plans to establish a global exhibition and trade center for new energy vehicles and components [1][3] - China's automotive industry is shifting from a focus on single product exports to a collaborative approach across the entire industry chain, enhancing international partnerships [3][5] Group 1 - Hainan's new energy vehicle market penetration exceeds 60%, ranking first in the country [3] - The automotive industry is forming new dynamics for international collaboration, particularly in areas like battery technology and charging infrastructure [3][6] - German companies, such as Porsche, are increasing cooperation with Chinese tech firms, establishing R&D centers in China outside of Europe [3] Group 2 - Chinese new energy vehicle companies are transitioning from product exports to technology and solution exports, as demonstrated by participation in international exhibitions [5] - The Ministry of Industry and Information Technology emphasizes the need for global collaboration to share innovative achievements in the new energy vehicle sector [6] - New energy vehicles are identified as a key driver for the transformation and upgrading of the global automotive industry, contributing to sustained economic growth [6]

中国与东盟在新能源汽车领域的合作不断深化，既响应了东盟市场日益增长的需求，也为中国企业"走出去"拓宽了市场空间。业内人士指出，从短期市场突 破到长期价值深耕，中国新能源车企仍需做好"三门功课"。 "竞争课"：从"拼价格"到"拼价值" 近年来，中国新能源汽车产业在迎来爆发式增长的同时，也出现了"价格战"等非理性竞争现象。在相关部门综合施策、切实规范新能源汽车产业竞争秩序与 业界的共同努力下，目前国内行业"反内卷"成效初显。但随着中国新能源车企出海步伐持续加快，也须警惕"内卷外溢"风险，避免将过度竞争的模式复制到 海外市场。 中国汽车工业协会常务副会长兼秘书长付炳锋在2025中国汽车论坛上表示："我们在走向国际化的同时，也应该把家里的事解决好。不能由'内卷式'竞争再 走向'外卷'，这是行业的共识。" 历史是一面镜子。20世纪90年代末，中国摩托车曾以物美价廉风靡印尼、泰国、越南等东南亚市场，却因"价格战"导致品质滑坡，不仅最终痛失市场，也 让"中国制造"的金字招牌蒙尘。如今，在新能源汽车赛道上，中国车企应以品质与创新守住阵地，实现从"拼价格"到"拼价值"的高质量转型。 "合规课"：从"被动适应"到"主动塑造" 合 ...

Group 1: Industry Overview - During the 14th Five-Year Plan period, China's new energy vehicle (NEV) industry has rapidly developed, becoming a core driving force in the global NEV market [1][2] - According to the Ministry of Industry and Information Technology, NEV penetration is expected to exceed 20% by 2025 and 50% by 2035, with 2022 data showing a penetration rate of over 20%, achieving the 2025 target three years early [1][2] - The Chinese market has been the largest NEV market globally for several consecutive years, with a competitive advantage in the NEV supply chain [1][4] Group 2: Market Growth and Sales Data - In 2018, the wholesale volume of new energy passenger vehicles in China surpassed 1 million for the first time, with a year-on-year growth rate of 84% [2] - In 2021, NEV sales reached 3.31 million units, a year-on-year increase of 183% [2] - By 2024, NEV production and sales are projected to exceed 10 million units, with sales reaching 12.87 million units, a year-on-year growth of 35.5%, accounting for 70.5% of global NEV sales [2][4] Group 3: Competitive Landscape - The dominance of joint venture brands in the Chinese automotive market has been disrupted, with domestic brands like BYD capturing nearly 70% market share [2][3] - The competition in the NEV market has intensified, with a shift towards intelligent driving features becoming a major selling point for many manufacturers [6][7] - The market is undergoing a structural adjustment, with economic NEVs becoming mainstream and plug-in hybrid vehicles (PHEVs) experiencing rapid growth [6][7] Group 4: International Expansion and Future Projections - China has become the world's largest automobile exporter, with NEV exports reaching 1.06 million units in the first half of the year, a year-on-year increase of 75.2% [4] - It is projected that NEV sales will exceed 15 million units this year, with a shift in market share towards PHEVs and a gradual recovery of battery electric vehicles (BEVs) post-2030 [4][5] - The 14th Five-Year Plan period is expected to be a critical phase for reshaping the market structure, with industry concentration increasing and key technological breakthroughs anticipated [8]

Core Viewpoint - The gas sector experienced a decline of 1.78% on September 25, with Dazhong Public Utilities leading the drop, while the overall market showed mixed results with the Shanghai Composite Index down 0.01% and the Shenzhen Component Index up 0.67% [1][2]. Gas Sector Performance - The gas sector's performance on September 25 showed a mixed bag of individual stock movements, with notable declines in major companies like Dazhong Public Utilities, which fell by 9.92% to a closing price of 5.72 [2]. - Other significant declines included Shengtong Energy down 5.24% and Terius down 4.38%, while DeLong Huineng and Tianhao Energy saw increases of 2.38% and 1.63%, respectively [1][2]. Trading Volume and Capital Flow - The gas sector saw a net outflow of 399 million yuan from main funds, while retail investors contributed a net inflow of 263 million yuan [2][3]. - The trading volume for Dazhong Public Utilities was particularly high, with 2.95 million shares traded, resulting in a transaction value of 173.2 million yuan [2]. Individual Stock Analysis - Tianhao Energy had a net inflow of 17.32 million yuan from main funds, while other stocks like Xinjiang Torch and New Ao Holdings experienced mixed capital flows [3]. - The data indicates that while some stocks attracted retail interest, main funds were generally withdrawing from the sector, highlighting a potential shift in investor sentiment [3].