申能股份有限公司 第四十六次（2024 年度） 股东大会文件 二〇二五年六月二十日 1 申能股份第四十六次（2024 年度）股东大会文件 文件目录 | 申能股份有限公司第四十六次（2024 年度）股东大会议程 5 | | --- | | 申能股份有限公司 2024 年度董事会工作报告 7 | | 申能股份有限公司 年度监事会工作报告 19 2024 | | 申能股份有限公司 2024 年度财务决算报告 26 | | 申能股份有限公司 2024 年度利润分配方案 31 | | 申能股份有限公司 年度财务预算报告 2025 33 | | 关于续聘大华会计师事务所（特殊普通合伙）为公司 2025 年度财务 | | 报告审计机构的报告 35 | | 关于续聘大华会计师事务所（特殊普通合伙）为公司 年度内部 2025 | | 控制审计机构的报告 39 | | 关于公司注册发行可续期公司债券的报告 43 | | 关于公司向银行间交易商协会申请统一注册发行非金融企业债务融 | | 资工具的报告 46 | | 关于修订《公司章程》的议案 48 | | 关于选举公司第十一届董事会董事的议案 129 | | 申能股份有限公司独立 ...

Summary of Conference Call Records Industry Overview - The conference call discusses the electricity market in China, particularly focusing on the implementation of the New Energy 136 Document and the acceleration of the spot market, which signifies a shift towards market-oriented electricity pricing [1][1]. Key Points and Arguments - The New Energy 136 Document, effective from June 1, marks a significant step in the marketization of the electricity sector, particularly for new energy sources, which now account for the second-largest share of electricity generation [1][1]. - Over ten provinces have begun long-cycle trial operations of the electricity spot market this year, enhancing the supply-demand relationship in electricity pricing [1][1]. - The introduction of the spot market has led to increased price volatility, with some pilot provinces like Shandong and Shanxi experiencing intraday price fluctuations exceeding 50% [2][2]. - As renewable energy capacity continues to grow, it is expected that more trading cycles will be dominated by renewable sources, which will lower overall price levels. However, traditional thermal power will still play a crucial role during periods of insufficient renewable output, maintaining higher prices during those times [3][3]. - The volatility in price curves is leading to a compression of trading cycles, pushing for weekly, multi-day, and even daily trading to become mainstream [4][4]. - The comprehensive electricity price for thermal power has risen during periods of declining coal prices, indicating a shift towards a model where thermal power is not just about generation but also about price regulation [4][4]. Recommendations - The report recommends focusing on national comprehensive power companies and northern thermal power companies with performance elasticity, such as: - Jintou Energy - Datang Power (H) - Huaneng International (H+A) - Huadian International (H+A) - Continued recommendations for Waneng Power, Sheneng Co., Huaneng Hydropower, and Guodian Power [4][4]. - For green energy, companies like Xintian Green Energy, Datang New Energy, and Longyuan Power (H) are highlighted. - In the hydropower sector, recommended companies include Yangtze Power, Chuan Investment Energy, Guotou Power, and Huaneng Hydropower [4][4]. Risks - The report outlines several risks associated with the marketization of electricity trading, including: - Price volatility risks due to market fluctuations - Risks from variations in wind and water resources - Significant increases in thermal coal prices - Delays in resource approval for new energy projects - Risks from macroeconomic downturns affecting electricity demand [4][4].

Investment Rating - The report maintains a "Recommendation" rating for the environmental and public utility sector [2] Core Insights - The environmental sector index increased by 3.42%, outperforming other sectors, while the public utility sector index decreased by 0.18% [6][18] - The report highlights a significant drop in coal prices, with Qinhuangdao 5500 kcal thermal coal at 620 CNY/ton, a 61.2% decrease from its peak in October 2022 [6][28] - The report recommends companies such as Huadian International and Sheneng Co., while suggesting attention to Zhongmin Energy and Funeng Co. [6] - The report emphasizes the investment value in nuclear and hydropower, recommending Chuan Investment Energy, State Power Investment, Yangtze Power, and China National Nuclear Power [6] Summary by Sections Key Event Interpretations - The National Development and Reform Commission and the National Energy Administration issued a notice to promote green electricity direct connection projects, requiring that the self-consumed electricity from renewable sources should not be less than 60% of total available generation by 2030 [10][15] - The Central Committee of the Communist Party and the State Council released opinions on improving the market-oriented allocation of resource and environmental factors, aiming for a complete carbon emission rights and water rights trading system by 2027 [15][16] Market Performance Review - The environmental sector has shown a cumulative increase of 6.79% in 2025, while the power sector has seen a slight decrease of 0.05% [6][18] - The report details the performance of various sub-sectors, with solid waste management up by 4.83% and comprehensive environmental management up by 8.66% [22] Key Data Tracking - As of May 30, 2025, the price of Qinhuangdao 5500 kcal thermal coal remains at 620 CNY/ton, with significant reductions from previous highs [28] - The Three Gorges Reservoir's water level increased by 3.9% year-on-year, with a current level of 154.63 meters [30] - The price of LNG at the port is reported at 12.03 USD/MMBtu (4501 CNY/ton), a 70.20% decrease from its peak in December 2022 [46] Industry Key Events - The report notes significant developments in the power market, including the issuance of green certificates for renewable energy projects and the establishment of trading rules for green electricity [58] - It also highlights initiatives in the environmental market aimed at enhancing data integration and promoting green development [59]

Group 1 - The board of directors of Sheneng Co., Ltd. held its 13th meeting of the 11th session, where it was decided that Xie Weiqing would no longer serve as a director and audit committee member due to job changes [1] - The board unanimously nominated Chen Yunbo and Chen Tao as candidates for directors of the 11th board, pending approval at the upcoming shareholders' meeting [1] - The 46th annual shareholders' meeting is scheduled for June 20, 2025, to discuss the election of the new directors [1] Group 2 - Chen Yunbo, born in January 1973, holds a master's degree in economics and has extensive experience in finance and risk management within Sheneng Group [2] - Chen Tao, born in March 1973, holds a master's degree in business administration and currently serves as the vice secretary of the party committee and president of Sheneng Co., Ltd. [3]

Meeting Details - The 46th (2024 Annual) Shareholders' Meeting of Sheneng Co., Ltd. is scheduled for June 20, 2025 [1] - The meeting will be held at 1:30 PM at Qingsong City Hotel, Shanghai [1] - Voting will be conducted through both on-site and online methods using the Shanghai Stock Exchange's voting system [1] Voting Procedures - Online voting will be available from 9:15 AM to 3:00 PM on the day of the meeting [1] - Shareholders can vote via the trading system or the internet voting platform [1] - Specific procedures for margin trading and other investor categories are outlined [1] Agenda Items - The meeting will review various proposals, including the report on corporate debt financing tools [1] - Proposals have been approved by the Board of Directors and the Supervisory Board prior to the meeting [1] Attendance Requirements - Shareholders must register in person with identification and shareholder account details on the day of the meeting [2][3] - Proxy representation is allowed, and the proxy does not need to be a shareholder [3] Additional Information - The meeting will last half a day, and attendees are responsible for their own travel and accommodation costs [3]

证券代码：600642 证券简称：申能股份 公告编号：2025-022 申能股份有限公司 关于召开第四十六次（2024年度）股东会的通知 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 (一)股东会类型和届次 第四十六次（2024年度）股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会采用现场投票和网络投票相结合的表决方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 6 月 20 日 13 点 30 分 召开地点：上海市徐汇区东安路 8 号青松城大酒店 (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会网络投票系统 股东会召开日期：2025年6月20日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 6 月 20 日 至2025 年 6 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:3 ...

证券代码：600642 股票简称：申能股份 编号：2025-021 申能股份有限公司 第十一届董事会第十三次会议决议公告 申能股份有限公司第十一届董事会第十三次会议于 2025 年 5 月 30 日以通讯表决方式召开。公司于 2025 年 5 月 23 日以法律规定方 式通知全体董事。会议应参加表决董事 10 名，实际参加表决董事 10 名。会议符合《公司法》和《公司章程》有关规定。会议审议并通过 了以下决议： 一、以全票同意，谢维青因工作变动不再担任公司董事及审计委 员会委员职务；提名（按姓氏笔画为序）陈云波、陈涛为公司第十一 届董事会董事候选人，任期同本届董事会。上述人员的任职资格已事 先经独立董事专门会议审议通过，其董事任职尚需提交股东大会选举。 （陈云波、陈涛简历附后） 二、以全票同意，于 2025 年 6 月 20 日召开公司第四十六次（2024 年度）股东大会（具体内容详见同日披露的《申能股份有限公司关于 召开公司第四十六次（2024 年度）股东大会的通知》）。 2025 年 5 月 31 日 1 陈云波简历 陈云波，女，1973 年 1 月出生，中共党员，1997 年 3 月参加工 作，研究生学 ...

Group 1 - The company, Shenergy Co., Ltd., will hold a performance briefing on June 5, 2025, to discuss its 2024 annual report and future development strategies [1] - The meeting will be conducted via video live streaming and online interaction at the Shanghai Stock Exchange Roadshow Center [1] - Key executives participating in the meeting include the Vice President, Party Secretary, and Chairman, Hu Shichao, and the President, Chen Tao [1] Group 2 - Investors can submit questions for the briefing from May 29 to June 4, 2025, through the Roadshow Center website or the company's investor relations email [1] - The company aims to enhance communication with investors and address common concerns regarding its operational performance and strategic direction [1] - After the meeting, investors can access the main content and details of the briefing on the Roadshow Center website [1]

证券代码：600642 证券简称：申能股份 公告编号：2025-020 重要内容提示： 投资者可于 2025 年 5 月 29 日（星期四）至 6 月 4 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投 资者关系邮箱（zhengquan@shenergy.com.cn）进行提问。公司将在说 明会上就投资者普遍关注的问题进行回答。 申能股份有限公司（以下简称"公司"）已于 2025 年 4 月 30 日披 露公司 2024 年度报告，为进一步加强公司与投资者的沟通交流，让 广大投资者能深入了解公司经营情况、未来发展战略等，公司计划于 2025 年 6 月 5 日（星期四）下午 13:30-16:00 参加由上海证券交易所 举办的 2024 年度沪市主板高分红重回报专题集体业绩说明会，就投 资者普遍关注的问题进行交流。 一、 说明会类型 本次投资者说明会以"上证路演中心视频直播和网络互动"形式 会议召开时间：2025 年 6 月 5 日（星期四）下午 13:30-16:00 会议召开地点：上海证券交易所上证路演中心 （网址：https://roadshow.sseinfo.c ...

Core Viewpoint - The 29th World Gas Conference (WGC2025) held in Beijing from May 20 to 23, 2025, highlighted China's role as the largest importer of natural gas and LNG, showcasing its energy development experience to the international community [3]. Group 1: Conference Overview - The conference, themed "Empowering a Sustainable Future," attracted over 200 energy companies from more than 70 countries, including major international oil and gas firms such as Shell, Total, and ExxonMobil, as well as China's leading gas companies [3]. - The exhibition area covered 50,000 square meters, featuring around 300 exhibitors, marking the largest scale in WGC history [3]. - By the day before the opening ceremony, over 2,700 representatives had registered, with more than 40% being international attendees [3]. Group 2: Technological Innovations - Shenergy Group showcased its three-step plan for producing green methanol using biogas, biomass gasification, and green hydrogen combined with CCUS (Carbon Capture, Utilization, and Storage) [3][4]. - The Japan Gas Association presented e-methane technology, which combines carbon dioxide and hydrogen, emphasizing its lower carbon emissions compared to natural gas and minimal infrastructure investment [6][7]. Group 3: Business Collaborations - China Gas Group aimed to explore international market opportunities for its smart home gas systems, particularly in developing regions like Australia and Southeast Asia, citing favorable socio-economic conditions in Thailand [9][11]. - Petronas, Malaysia's national oil company, emphasized the importance of the conference for strengthening long-term partnerships in the natural gas sector, highlighting its role as China's fourth-largest LNG supplier, providing approximately 8 million tons of LNG annually [13].