证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-021 山西省国新能源股份有限公司 第十一届董事会第二次会议决议公告 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 该议案已经公司董事会审计委员会审议通过。 议案二：审议通过《关于公司<2025年1-6月募集资金存放、管理与实际使 用情况的专项报告>的议案》 详见公司于2025年8月29日披露的《山西省国新能源股份有限公司2025年1-6 1 月募集资金存放、管理与实际使用情况的专项报告》。 山西省国新能源股份有限公司（以下简称"公司"）第十一届董事会第二次 会议由董事长李晓武先生提议，于2025年8月28日以通讯表决的方式召开。此次 会议的通知于2025年8月18日以电子邮件方式通知全体董事。本次会议应出席董 事11名，实际出席董事11名。会议由董事长李晓武先生主持，公司监事及高级管 理人员列席了会议。本次会议的召集、召开和表决程序符合《公司法》《公司章 程》及有关法律法规的规定。 二、董事会会议审议情况 经 ...

Financial Performance - The company's operating revenue for the first half of 2025 was CNY 8,224,277,501.59, a decrease of 1.99% compared to CNY 8,391,664,197.05 in the same period last year[18]. - Total profit increased by 5.31% to CNY 177,097,147.53 from CNY 168,159,972.38 year-on-year[18]. - Net profit attributable to shareholders rose by 37.66% to CNY 74,827,093.47, compared to CNY 54,358,166.25 in the previous year[18]. - The net cash flow from operating activities increased by 71.58% to CNY 900,345,585.30, up from CNY 524,747,619.46 in the same period last year[18]. - The total profit for the first half of 2025 was CNY 177,097,147.53, an increase from CNY 168,159,972.38 in the first half of 2024, reflecting a growth of 5.5%[111]. - The company’s total comprehensive income for the first half of 2025 was CNY 90,095,338.74, compared to CNY 68,907,226.68 in the previous year, indicating a positive trend in overall financial health[111]. Revenue and Costs - The decrease in operating revenue was primarily due to a reduction in gas sales volume during the reporting period[21]. - The operating costs decreased by 2.73% to approximately ¥7.48 billion from ¥7.69 billion year-on-year[47]. - Total operating costs decreased to CNY 8,105,742,192.08 from CNY 8,424,456,926.35, reflecting a reduction of approximately 3.8%[110]. Assets and Liabilities - Total assets decreased by 3.60% to CNY 25,963,190,219.48 from CNY 26,932,147,144.58 year-on-year[18]. - The company's interest-bearing debt decreased from 20.47 billion RMB at the beginning of the reporting period to 16.62 billion RMB at the end, representing a year-on-year change of -18.83%[89]. - Total liabilities decreased from ¥22,179,844,979.88 to ¥21,120,265,748.69, reflecting a decline of about 4.8%[103]. Cash Flow - The company reported a significant increase in cash received from investment recoveries, totaling ¥659,931,155.31 in the first half of 2025, compared to ¥200,008,000.00 in the first half of 2024[119]. - Total cash inflow from operating activities for the first half of 2025 was ¥10,111,437,102.40, while cash outflow was ¥9,211,091,517.10, resulting in a net cash inflow[116]. - The net cash flow from financing activities for the first half of 2025 was -¥989,215,437.85, compared to -¥1,079,646,491.78 in the same period of 2024[117]. Investments and R&D - Research and development expenses increased significantly by 140.94% to approximately ¥4.66 million, up from ¥1.93 million in the previous year[47]. - The company reported an investment loss of CNY 25,570,014.75, compared to a loss of CNY 2,961,637.97 in the previous year, highlighting challenges in investment performance[110]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 54,118[79]. - The largest shareholder, Huaxin Gas Group Co., Ltd., holds 891,136,436 shares, accounting for 46.19% of total shares[81]. - The company has not proposed any profit distribution or capital reserve transfer plans for the reporting period[56]. Market and Production - The company’s natural gas production reached 1,308 billion cubic meters in the first half of 2025, reflecting a year-on-year increase of 5.8%[29]. - The company achieved a natural gas import volume of 59.55 million tons (approximately 821.8 billion cubic meters) in the first half of 2025, a decrease of 7.8% compared to the previous year[30]. - The company is focusing on expanding its market presence both within and outside Shanxi province, enhancing customer service and optimizing gas supply strategies[37]. Environmental and Social Responsibility - The company has committed CNY 1.1485 million to poverty alleviation and rural revitalization efforts in the first half of 2025[58]. - The company has three subsidiaries included in the environmental information disclosure list, demonstrating compliance with environmental regulations[57]. Governance and Compliance - There were significant changes in the board of directors, including the election of Li Xiaowu as the new chairman[56]. - The company has ensured that all related party transactions are necessary for daily operations and business development[66]. - The company has committed to maintaining its independence and operational capability, ensuring no conflicts of interest with shareholders and stakeholders[61]. Financial Management - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its ability to continue operations[136]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, reflecting the company's financial position as of June 30, 2025, and the operating results and cash flows for the first half of 2025[138].

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。 证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-024 山西省国新能源股份有限公司 关于 2025 年度"提质增效重回报"行动方案的公告 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院《关于进一步 提高上市公司质量的意见》要求，推动上市公司高质量发展和投资价值提升，保 护投资者尤其是中小投资者合法权益，增强资本市场内在稳定性，促进资本市场 健康发展。根据上海证券交易所《关于开展沪市公司"提质增效重回报"专项行 动的倡议》，山西省国新能源股份有限公司（以下简称"公司"）制定了 2025 年 "提质增效重回报"行动方案，并经公司第十一届董事会第二次会议审议通过， 具体内容如下： 一、聚焦做强主业，提升经营质量 作为非常规天然气基地建设重要主体企业，公司以服务国家战略和全省发展 大局为使命，按照"织好一张网、布好一盘棋"产业发展思路，持续优化产业布 局、完善产业链条，形成全产业链发力助力能源革命。2025 年，公司将锚定"建 设高质量 ...

证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-023 山西省国新能源股份有限公司 关于将节余募集资金永久补充流动资金的公告 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。 山西省国新能源股份有限公司（以下简称"公司"）于2025年8月28日召开第 十一届董事会第二次会议、第十届监事会第十六次会议，审议通过了《关于将公 司节余募集资金永久补充流动资金的议案》，同意公司将节余募集资金永久补充 流动资金。该议案无需提交公司股东大会审议。公司保荐机构中德证券有限责任 公司对本事项出具了无异议的核查意见。现将具体情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会证监许可字[2013]1545号文《关于核准上海联华 合纤股份有限公司向山西省国新能源发展集团有限公司等发行股份购买资产并 募集配套资金的批复》批准，公司于2014年1月以非公开发行股票的方式向6位特 定投资者发行人民币普通股3,000万股，募集配套资金总额480,000,000.00元， 扣除发行费用后，募集配套资金净额 ...

山西省国新能源股份有限公司 2025 年 1-6 月募集资金存放、管理与实际使用情况专项报告 山西省国新能源股份有限公司 2025年1-6月募集资金存放、管理与实际使用情况专项报告 根据中国证券监督管理委员会《上市公司募集资金监管规则》（证监会公告（2025）10 号 > 、《上海证券交易所上市公司自律监管指引第 1 号 -- 规范运作》以及《上海证券交易 所上市公司自律监管指南第 1 号――公告格式》的相关规定，本公司就 2025 年 1−6 月募集 资金存放、管理与实际使用情况作如下专项报告: 募集资金基本情况 r (一) 关于重组配套募集资金基本情况 1、 重大资产重组情况 2013 年 7 月 2 日，本公司与山西天然气股份有限公司（现变更为"山西天然气有限 公司"，以下简称"天然气公司"）全部 3 名股东签署《上海联华合纤股份有限公司发 行股份购买资产协议》;2013 年 12 月 9 日,经中国证券监督管理委员会证监许可字 [2013]1545 号文 《关于核准上海联华合纤股份有限公司向山西省国新能源发展集团 有限公司等发行股份购买资产并募集配套资金的批复》批准，同意本公司向山西省 国新能源发展集 ...

Core Insights - The rapid development of the new energy vehicle (NEV) market in Chengdu is highlighted, with the city achieving a NEV ownership of 1.08 million by June 2023, leading non-restricted cities in China [1][2] - The Chengdu Auto Show serves as a significant platform for showcasing new vehicles and technologies, reflecting the market's vitality and consumer confidence [1][2][9] NEV Market Growth - Chengdu's NEV penetration rate is nearing 50%, with 309,000 NEVs sold in 2024, marking a 9% year-on-year increase in overall vehicle sales [2] - The NEV production in Sichuan province reached 144,000 units in the first half of the year, accounting for 27.6% of the province's total vehicle production, a 16.2 percentage point increase from the previous year [2] Regional Expansion - The NEV market in the southwestern region, including Chongqing, Yunnan, and Guizhou, is experiencing significant growth, with Chongqing's NEV sales increasing by 34% and Yunnan's by 42% in 2024 [3] - The southwestern region is projected to produce over 3 million NEVs by 2025, capturing more than 20% of the national market share [6] Policy Support - Government policies, such as vehicle replacement subsidies, are driving NEV sales, with Sichuan offering up to 15,000 yuan for new energy vehicle purchases [5] - Chengdu's government is also implementing a "purchase subsidy" policy during the auto show, allowing for up to 20,000 yuan in subsidies for trade-in vehicles [5] Infrastructure Challenges - The rapid increase in NEVs has led to a shortage of charging infrastructure, particularly in rural areas, with only 40% coverage in townships [7] - Plans are in place for Sichuan to establish 2.93 million charging stations by 2030, while Yunnan aims for over 60,000 public charging facilities by the end of 2025 [7] Technological Advancements - The Chengdu Auto Show features new charging technologies, such as BYD's "Megawatt Flash Charge" and CATL's sodium-ion battery, aimed at addressing charging difficulties and enhancing vehicle range [8] - Several new range-extended models are being introduced to cater to the unique climatic conditions of the southwestern region [8]

Core Insights - The Chinese new energy vehicle (NEV) market saw sales of 1.262 million units in July 2025, representing a month-on-month decline of 5.0% but a year-on-year increase of 27.3% [1] - The penetration rate of NEVs reached 48.7%, maintaining a high level [1] Sales Breakdown - Sales of new energy passenger vehicles totaled 1.195 million units, reflecting a year-on-year growth of 25.4% [1] - Sales of new energy commercial vehicles reached 67,000 units, showing a significant year-on-year increase of 74.9% [1] Market Share Analysis - In July 2025, the market share of new energy sedans accounted for 43.7%, a slight decrease of 0.3 percentage points compared to the same period last year [1] - The market share of new energy SUVs stood at 46.3%, down by 2.0 percentage points year-on-year [1] Segment Performance - All segments within the NEV market experienced growth, with commercial vehicles generally outperforming passenger vehicles [1] - Among passenger vehicles, the MPV segment showed substantial growth [1]

Core Insights - The article highlights the significant role of new energy vehicles (NEVs) in the global green energy transition, with a particular focus on the importance of batteries, where CATL (Contemporary Amperex Technology Co., Limited) stands out as a key player in the industry [1][2]. Group 1: Company Performance - CATL reported a total revenue of 178.9 billion yuan in the first half of 2025, representing a year-on-year growth of 7.3% [1]. - The net profit attributable to shareholders reached 30.5 billion yuan, showing a substantial year-on-year increase of 33.3% [1]. Group 2: Technological Advancements - CATL has achieved breakthroughs in high energy density, super-fast charging, and battery safety, alleviating consumer concerns regarding electric vehicle range, refueling, and safety [2]. - The company has established a unique R&D closed-loop system that integrates testing data and real vehicle feedback across various stages, including material R&D, product development, engineering design, and smart manufacturing [2]. Group 3: Global Presence and Production Capacity - As of June 2025, CATL has served over 20.43 million vehicles and has sold products to 66 countries and regions [2]. - The company operates 13 battery manufacturing bases globally, including locations in China and Europe, with three of its factories recognized as global "lighthouse factories" by the World Economic Forum [2]. Group 4: Industry Ecosystem and Financial Support - The city of Ningde, where CATL is based, has developed into "China's New Energy Battery Capital," attracting over 80 projects across the entire battery supply chain [3]. - Financial institutions have been guided to support the lithium battery industry in Ningde through innovative credit products, with CATL receiving over 310 billion yuan in comprehensive credit lines from banks, more than doubling since 2019 [3].

Core Viewpoint - The construction of the largest electric vehicle charging network in the world is a key focus during the "14th Five-Year Plan" period, with a target of having two charging stations for every five electric vehicles in China [1][4]. Group 1: Charging Infrastructure Development - As of July 2023, China has built a total of 16.696 million electric vehicle charging infrastructure units, which is ten times the number at the end of the "13th Five-Year Plan" period, marking a year-on-year growth of 53% [6]. - The number of public charging facilities reached 4.202 million, with a year-on-year increase of 38%, while private charging facilities totaled 12.494 million, growing by 58.8% [6]. - The rapid increase in electric vehicle ownership is driving the demand for charging stations, leading to accelerated infrastructure development [1][6]. Group 2: Energy Consumption Trends - The electricity consumption for new energy vehicle manufacturing increased by 34.3% year-on-year, while the electricity consumption for internet and related services grew by 20.5% [4]. - The share of electricity in terminal energy consumption has increased by approximately 4 percentage points since the beginning of the "14th Five-Year Plan," and the proportion of non-fossil energy generation has risen by over 5 percentage points [5]. Group 3: Policy and Market Mechanisms - The government has implemented a series of supportive policies, including purchase subsidies and tax incentives, to promote the development of new energy vehicles and charging networks [6]. - Market mechanisms have been improved by gradually opening up market access and encouraging social capital participation in charging infrastructure construction and operation [6]. Group 4: Supply and Demand Balance - There is a need to address the uneven usage rates of charging facilities, particularly in remote areas and urban centers, where demand may exceed supply during peak times [8]. - The application of big data analytics is essential for optimizing the layout of charging stations and improving resource utilization [8][9]. - Initiatives such as shared charging platforms and dynamic pricing strategies at service areas are being explored to enhance the efficiency of charging infrastructure [9].

Core Insights - China's new energy vehicle (NEV) production is booming, with a production rate of one vehicle every 118 seconds, and a total output of 8.232 million units from January to July 2023, reflecting a year-on-year increase of 39.2% [1] - The "trade-in" policy has significantly boosted consumer demand, with over 70% of consumers indicating that subsidies enhance their willingness to purchase new vehicles [1] - The Chinese government is actively promoting NEV consumption through various initiatives, including the launch of a campaign to stimulate sales in rural areas, which is expected to generate substantial sales growth [2] Industry Performance - The NEV market in China is not only thriving domestically but also seeing significant growth in exports, with a 12.8% increase in total vehicle exports and an impressive 84.6% rise in NEV exports, totaling 1.308 million units from January to July 2023 [2] - Emerging brands like Lantu are expanding their presence in international markets, with plans to cover 60 countries by 2030, indicating a strong global ambition [3] - Despite some restrictions in Western markets, Chinese NEVs maintain a competitive edge in Southeast Asia and South America due to advantages in technology, cost, and supply chain [3]