国浩律师（上海）事务所 上海市静安区山西北路 99 号苏河湾中心 MT25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China 电话/Tel: (+86)(21) 5234 1668 传真/Fax: (+86)(21) 5234 1670 网址/Website: http://www.grandall.com.cn 二〇二五年十二月 国浩律师（上海）事务所 法律意见书 山西省国新能源股份有限公司 2025 年第二次临时股东会 之 法律意见书 关于 国浩律师（上海）事务所 关于山西省国新能源股份有限公司 2025 年第二次临时股东会 国浩律师（上海）事务所 法律意见书 律师应当声明的事项 之 法律意见书 致：山西省国新能源股份有限公司 作为具有从事中国法律业务资格的律师事务所，国浩律师（上海）事务所（以 下简称"本所"）接受山西省国新能源股份有限公司（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 ...

Group 1 - The core viewpoint of the report indicates that by October 2025, the installation rate of L2 and above assisted driving functions in new energy passenger vehicles will reach 87.0%, with significant growth in the market for vehicles priced below 160,000 [1] - In November 2025, sales of new energy vehicles reached 1.823 million units, a month-on-month increase of 6.2% and a year-on-year growth of 20.5%, with a penetration rate of 53.2% [4] - The market share of new energy sedans in November 2025 was 41.7%, down 4.5 percentage points year-on-year, while the share of new energy SUVs increased to 48.7%, up 2.7 percentage points [7] Group 2 - The overall installation rate of AEB (Automatic Emergency Braking) in passenger vehicles reached 67.8%, with a 78% share in the 160,000 to 240,000 price range, indicating further growth potential [9] - The installation rate of full-speed ACC (Adaptive Cruise Control) in the overall passenger vehicle market reached 62.1%, while in the new energy passenger vehicle market, it reached 71.6% [15] - The installation rate of ALC (Automatic Lane Change) is continuously increasing, primarily applied in mid-to-high-end models, with expectations for further growth as technology matures and costs decrease [17]

格隆汇12月18日丨国新能源(600617.SH)公布，公司董事会于近日收到董事贾晨菲女士提交的书面辞职 报告。因个人原因，贾晨菲女士申请辞去公司第十一届董事会董事职务，辞职报告自送达董事会之日起 生效。 ...

截至发稿，国新能源市值为61亿元。 每经头条（nbdtoutiao）——海南封关政策红利全解析：零关税、低个税、投资准入放宽、跨境资金自 由、创业扶持…… 每经AI快讯，国新能源（SH 600617，收盘价：3.15元）12月18日晚间发布公告称，因个人原因，贾晨 菲女士申请辞去公司第十一届董事会董事职务。辞职后，贾晨菲女士不再担任公司及子公司任何职务。 2024年1至12月份，国新能源的营业收入构成为：商业占比98.1%。 （记者 曾健辉） ...

国新能源12月18日公告，公司董事会于近日收到董事贾晨菲提交的书面辞职报告。因个人原因，贾晨菲 申请辞去公司第十一届董事会董事职务，辞职报告自送达董事会之日起生效。辞职后，贾晨菲不再担任 公司及子公司任何职务。 ...

证券代码：600617 900913 证券简称：国新能源 国新 B 股 公告编号：2025-046 山西省国新能源股份有限公司 特此公告。 山西省国新能源股份有限公司 | 姓名 | 离任 | | 离任时间 | | | 原定任期到期日 | | | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 职务 | | | | | | | | | | （如适用） | | | | | | | | | | | | | 股子公司任职 | | 公开承诺 | | 贾晨菲 | 董事 | 2025 | 年 12 | 月 18 | 日 | 2028 年 5 6 | 月 | 日 | 个人原因 | 否 | 不适用 | 否 | 一、董事提前离任的基本情况 二、离任对公司的影响 贾晨菲女士因个人原因，申请辞去公司第十一届董事会董事职务。辞职后， 贾晨菲女士不再担任公司及子公司任何职务。根据法律法规和《公司章程》的相 关规定，贾晨菲女士的辞职未 ...

Core Insights - Suzhou Green Control Transmission Technology Co., Ltd. (Green Control Transmission) has received approval for its IPO on the ChiNext board, with China International Capital Corporation as the sponsor [2] - The company, established in December 2011, specializes in electric drive systems for new energy commercial vehicles, including pure electric, hybrid, and fuel cell vehicles [2] - Green Control Transmission holds the leading market share in the electric motor supply for new energy heavy trucks from 2022 to 2024 [2] Industry Overview - The development of the new energy vehicle industry in China is driven by technological advancements, decreasing costs, strong policy support, improved product experiences, and enhanced infrastructure [2] - According to the China Association of Automobile Manufacturers, new energy vehicle sales in China are projected to reach 12.866 million units in 2024, representing a 36% year-on-year growth, maintaining the global lead for ten consecutive years [2] - Sales of new energy commercial vehicles in China are expected to reach 607,300 units in 2024, a year-on-year increase of 71.42%, with new energy trucks and buses accounting for 322,200 and 285,000 units, respectively [2] - The penetration rates for new energy commercial vehicles from 2022 to 2024 are projected to be 11.31%, 11.27%, and 19.45%, indicating a rapid acceleration in the electrification of commercial vehicles [2][3] - The "Energy-saving and New Energy Vehicle Technology Roadmap 3.0" plans for new energy commercial vehicles to account for over 70% of annual new commercial vehicle sales by 2040, suggesting significant market potential for the electric drive system industry [3]

Core Insights - The article discusses the complexities and challenges faced by Chinese new energy companies in their global expansion efforts, highlighting both risks and opportunities in the process [1][16]. Group 1: Compliance and Regulatory Challenges - Chinese new energy companies are encountering unexpected compliance challenges, such as environmental assessments being delayed due to local wildlife, exemplified by a case involving a rare frog in Sweden [3][6]. - The 2016 "child labor" scandal involving Huayou Cobalt in the Democratic Republic of Congo serves as a significant example of the reputational risks and compliance issues that can arise in international operations [4][5]. - Companies are increasingly recognizing that ESG (Environmental, Social, and Governance) compliance is not merely a superficial requirement but a core competitive advantage that can influence customer trust and market access [5][10]. Group 2: Hidden Costs and Political Risks - The article emphasizes the importance of understanding hidden costs, such as compliance costs and political risks, which can significantly impact project success beyond visible expenses like land prices and taxes [6][8]. - Geopolitical tensions are complicating the compliance landscape, with environmental accusations often serving as tools in political disputes, as illustrated by a case involving Ningde Times in Hungary [8][9]. Group 3: Strategic Adaptations - Companies are adapting by engaging in the formulation of international standards and regulations, as seen with Ningde Times participating in the EU Battery Law expert committee [10][11]. - A shift towards deep localization is being adopted, where companies implement a three-tier employee structure to balance technical expertise with local operational needs [11][13]. - The necessity for cultural adaptation is highlighted, particularly in mining investments, where understanding local customs and building trust with indigenous communities is crucial for project success [13][14]. Group 4: Evolution of Legal Roles - The role of legal departments is evolving from a reactive "firefighting" function to a proactive "strategic advisory" role, focusing on risk identification and compliance strategy [15][16]. - Legal teams are expected to become more integrated into business operations, requiring a deeper understanding of industry dynamics and resource coordination [15][16]. Group 5: Conclusion and Future Outlook - The article concludes that the journey of Chinese new energy companies in global markets is just beginning, with the need for continuous adaptation to complex regulatory environments and geopolitical landscapes [16][18].

Group 1 - The core viewpoint is that by 2030, the proportion of installed capacity for renewable energy generation in China will exceed 50%, making it the main source of electricity generation [1][3] - The National Energy Administration indicates that by 2030, the share of non-fossil energy consumption will reach 25%, and a new energy system will be initially established [3][5] - The energy sector will undergo significant historical changes, with coal consumption peaking and entering a plateau phase, while oil consumption will also reach its peak [5][7] Group 2 - During the 14th Five-Year Plan period, China will strengthen the construction of new energy infrastructure and optimize the layout of energy resource bases [7][9] - By 2030, the capacity for "West-to-East Power Transmission" will exceed 420 million kilowatts, and the total length of oil and gas pipelines will reach 220,000 kilometers [7][9] - The country will promote higher quality development of clean energy, accelerate the construction of smart grids and microgrids, and enhance the system for green energy consumption [9]

Core Insights - The total electricity consumption in China is projected to exceed 10 trillion kilowatt-hours for the first time in 2025, marking a significant increase compared to 2015 levels, which were approximately double [1] - By 2030, the proportion of renewable energy generation capacity in China's total installed capacity is expected to surpass 50%, establishing renewable energy as the main source of electricity generation [1] Group 1: Electricity Consumption - National electricity consumption is expected to exceed 10 trillion kilowatt-hours in 2025, which is higher than the combined annual electricity consumption of the EU, Russia, India, and Japan [1] - This represents a growth of 14% year-on-year in total installed generation capacity, projected to exceed 3.8 billion kilowatts [1] Group 2: Renewable Energy Development - By the end of the 14th Five-Year Plan in 2030, renewable energy generation capacity will become the dominant source of electricity generation in China [1] - The country aims to promote higher quality development of clean energy, emphasizing a multi-energy approach including wind, solar, hydro, and nuclear power [1] - There will be a focus on accelerating the construction of smart grids and microgrids, improving the green energy consumption system, and implementing minimum renewable energy consumption targets [1]