本次发行证券的种类为可转换为公司A股股票的可转换公司债券。本次可转债及未来经本次可转债 转换的公司A股股票将在上海证券交易所上市。 本次发行的可转债每张面值人民币100元，按面值发行。本次发行的可转债期限为自发行之日起六 年。本次发行的可转债票面利率的确定方式及每一计息年度的最终利率水平，提请公司股东会授权公司 董事会或董事会授权人士在发行前根据国家政策、市场状况和公司具体情况与保荐机构（主承销商）协 商确定。 本次发行的可转债采用每年付息一次的付息方式，到期归还所有未转换成公司A股股票的可转债本 金和最后一年利息。 本次发行的可转债转股期自可转债发行结束之日起满六个月后的第一个交易日起至可转债到期日 止。债券持有人对是否转股具有选择权，并于转股的次日成为上市公司股东。 中国经济网北京8月18日讯 申能股份（600642.SH）近日披露《向不特定对象发行可转换公司债券 预案》。公司本次向不特定对象发行可转换公司债券拟募集资金总额不超过人民币200,000.00万元（含 本数），扣除发行费用后募集资金净额将用于投资以下项目：申能新疆塔城托里县135万千瓦风电项 目、临港1＃海上光伏项目、补充流动资金。 本次可转 ...

Investment Rating - The report maintains a "Buy" rating for the green electricity sector and recommends focusing on undervalued green electricity stocks and wind power operators [8][9]. Core Viewpoints - In July, electricity generation increased by 3.1%, with accelerated growth in thermal, wind, and solar power, while hydropower saw a decline [2][13]. - The first mechanism electricity price bidding was initiated in Shandong, marking a significant step in the national electricity market [6][15]. - The total scale of mechanism electricity is set at 9.467 billion kilowatt-hours, with wind power accounting for 8.173 billion kilowatt-hours and solar power for 1.294 billion kilowatt-hours [7][15]. Summary by Sections Industry Overview - In July, the industrial electricity generation reached 926.7 billion kilowatt-hours, a year-on-year increase of 3.1%, with daily average generation at 29.89 billion kilowatt-hours [2][14]. - The growth rates for various power sources in July were as follows: thermal power increased by 4.3%, wind power by 5.5%, solar power by 28.7%, while hydropower decreased by 9.8% [2][14]. Mechanism Electricity Bidding - Shandong Province released the implementation details for the mechanism electricity price bidding, which includes bidding subjects, bidding electricity volume, bidding mechanisms, and procedures [6][15]. - The bidding process will occur annually in October, with the first bidding scheduled for August 2025 [6][14]. Key Investment Recommendations - The report suggests focusing on undervalued green electricity stocks, particularly in the Hong Kong market, and highlights specific companies such as New天绿色能源 (H), 中闽能源, and 福能股份 [8][9]. - It also recommends thermal power companies with resilient quarterly performance, including 华能国际, 华电国际, and 宝新能源 [8][9]. Market Performance - The Shanghai Composite Index closed at 3696.77 points, up 1.70%, while the CSI 300 Index closed at 4202.35 points, up 2.37% [67]. - The CITIC Power and Utilities Index fell by 0.10%, underperforming the CSI 300 Index by 2.47 percentage points [67]. Carbon Market Insights - The national carbon market saw a decrease in trading prices by 0.72%, with a total trading volume of 3.0317 million tons during the week [59][60].

（文章来源：证券日报） 证券日报网讯 8月15日晚间，申能股份发布公告称，公司第十一届董事会第十五次会议审议通过了《关 于公司符合向不特定对象发行可转换公司债券条件的议案》等多项议案。 ...

Group 1 - The company, Sheneng Co., Ltd. (600642.SH), announced plans to issue convertible bonds to unspecified investors, with a total fundraising amount not exceeding 2 billion yuan (including principal) [1] - The net proceeds from the fundraising, after deducting issuance costs, will be used for investments in the Xinjiang Tacheng Toli County 1.35 million kilowatt wind power project, the Lingang No. 1 offshore photovoltaic project, and to supplement working capital [1]

Group 1 - The company, Sheneng Co., Ltd. (600642.SH), announced plans to issue convertible bonds to unspecified investors, with a total fundraising amount not exceeding 2 billion yuan (including principal) [1] - The net proceeds from the fundraising, after deducting issuance costs, will be used for investments in the Xinjiang Tacheng Toli County 1.35 million kilowatt wind power project, the Lingang No. 1 offshore photovoltaic project, and to supplement working capital [1]

Group 1 - The company announced that its 11th Board of Directors held a meeting on August 15, 2025, to review the proposal for issuing convertible bonds to unspecified investors [2] - For the year 2024, the company's revenue composition is as follows: coal power business accounts for 45.33%, gas power business for 20.15%, oil and gas transportation for 11.41%, coal sales for 9.58%, and wind power for 9.44% [2]

Core Viewpoint - The company plans to issue convertible bonds to raise funds for expanding its operations and enhancing its competitiveness, in compliance with relevant laws and regulations [1][3][21] Section 1: Necessity of Issuing Securities - The company aims to meet its funding needs and enhance its core competitiveness through the issuance of convertible bonds [1][2] - The funds raised will be used for specific projects that align with the company's strategic goals [1] Section 2: Appropriateness of the Issuance Target - The issuance will target a wide range of investors, including individuals and institutions, ensuring compliance with legal standards [1][2] - Existing shareholders will have priority in the allocation of the bonds, with specific ratios to be determined based on market conditions [1][2] Section 3: Reasonableness of Pricing Principles - The pricing of the bonds will be determined based on market conditions and company performance, ensuring it aligns with regulatory requirements [1][2] - The initial conversion price will be set at a level that reflects the average trading price of the company's shares over a specified period [1][2] Section 4: Feasibility of the Issuance Method - The company has established a sound organizational structure and has demonstrated sufficient profitability to cover the interest on the bonds [3][5] - The funds raised will be allocated to projects that comply with national policies and regulations, ensuring responsible use of capital [3][21] Section 5: Fairness and Reasonableness of the Issuance Plan - The issuance plan has been carefully reviewed and approved by the board, aiming to enhance the company's business scale and profitability [21]

Core Viewpoint - The announcement details the issuance of convertible bonds by the company, outlining the potential dilution of immediate returns and the measures to compensate for this dilution, ensuring the protection of minority investors' interests [1][2][3]. Group 1: Impact of Convertible Bond Issuance - The issuance of convertible bonds is expected to dilute immediate returns, with specific financial metrics analyzed under different scenarios of net profit growth compared to 2024 [1][2]. - The company estimates that if the net profit remains the same as in 2024, the diluted earnings per share (EPS) would be 0.79 yuan per share after full conversion of bonds [1]. - In scenarios where net profit increases by 10% and 20%, the diluted EPS would rise to 0.87 yuan and 0.94 yuan respectively, indicating a positive impact on returns with improved profitability [2][3]. Group 2: Use of Proceeds from Bond Issuance - The funds raised from the bond issuance will be used for projects including a 135 MW wind power project and a 1 offshore photovoltaic project, as well as to supplement working capital [2][3]. - These projects align with the company's core business in energy development and management, supporting its strategic goals and enhancing its competitive position in the renewable energy sector [2][3]. Group 3: Company’s Commitment to Return Measures - The company has committed to specific measures to mitigate the dilution of immediate returns, including accelerating project construction and improving fund management efficiency [5][6]. - The company will adhere to a strict profit distribution policy to ensure stable returns for shareholders, particularly small and medium investors [8][9]. - The board and major shareholders have made commitments to ensure the effectiveness of these measures, promising to comply with regulatory requirements and to compensate for any losses incurred due to non-compliance [9]. Group 4: Industry Context and Support - The company operates in a supportive regulatory environment, with national policies encouraging the development of clean and renewable energy sources, which is expected to enhance the market for such projects [4][5]. - The company has a strong technical foundation and operational experience in renewable energy, which positions it well to capitalize on the growing demand for clean energy solutions [3][4].

证券代码：600642 证券简称：申能股份 申能股份有限公司 向不特定对象发行可转换公司债券预案 二〇二五年八月 申能股份有限公司 向不特定对象发行可转换公司债券预案 公司声明 在虚假记载、误导性陈述或重大遗漏，并对本预案内容的真实性、准确性、完整 性承担个别和连带的法律责任。 由公司自行负责；因本次向不特定对象发行可转换公司债券引致的投资风险， 由投资者自行负责。 任何与之相反的声明均属不实陈述。 其他专业顾问。 定对象发行可转换公司债券相关事项的实质性判断、确认、批准或注册，本预 案所述本次向不特定对象发行可转换公司债券相关事项的生效和完成尚待上海 证券交易所审核通过并经中国证监会同意注册后方可实施。 申能股份有限公司 向不特定对象发行可转换公司债券预案 目 录 申能股份有限公司 向不特定对象发行可转换公司债券预案 释 义 本预案中，除非文意另有所指，下列简称具有如下特定含义： 释义项 指 释义内容 申能股份、发行人、 指 申能股份有限公司 公司、上市公司 本次发行 指 申能股份有限公司本次向不特定对象发行可转换公司债券 预案、本预案 指 申能股份有限公司向不特定对象发行可转换公司债券预案 可转债 指 可 ...

证券代码：600642 证券简称：申能股份 公告编号：2025-032 申能股份有限公司 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、准确性和完整性依法承担法律责任。 申能股份有限公司（以下简称"公司"）于 2025 年 8 月 15 日召开第十一届 董事会第十五次会议，审议通过了公司向不特定对象发行可转换公司债券的相关 议案。具体内容详见公司在上海证券交易所网站（http://www.sse.com.cn）发布 的《申能股份有限公司向不特定对象发行可转换公司债券预案》等相关文件，敬 请投资者查阅。 公司本次向不特定对象发行可转换公司债券预案等相关披露事项不代表审 批机关、注册机关对于本次向不特定对象发行可转换公司债券相关事项的实质性 判断、确认、批准或注册，预案所述本次向不特定对象发行可转换公司债券相关 事项的生效和完成尚需公司股东会审议通过，且经上海证券交易所审核通过并经 中国证券监督管理委员会同意注册后方可实施。敬请投资者注意投资风险。 特此公告。 关于向不特定对象发行可转换公司债券预案披露的提示性公告 申能股份有限公司董事会 ...