（文章来源：证券日报） 证券日报网讯 8月14日晚间，乐山电力发布以简易程序向特定对象发行A股股票限售股上市流通公告 称，公司本次股票上市类型为非公开发行股份；股票认购方式为网下，本次股票上市流通总数为39， 920，159股。本次股票上市流通日期为2025年8月20日。 ...

证券代码：600644 证券简称：乐山电力 公告编号：2025-045 乐山电力股份有限公司 以简易程序向特定对象发行 A 股股票限售股 上市流通公告 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、准确性和完整性依法承担法律责任。 本次股票上市流通日期为2025 年 8 月 20 日。 一、本次上市流通的限售股类型 2025 年 1 月 21 日，乐山电力股份有限公司（简称"公司"）收到 中国证券监督管理委员会（简称"中国证监会"）出具的《关于同意乐 山电力股份有限公司向特定对象发行股票注册的批复》（证监许可 〔2025〕91 号），同意公司向特定对象发行股票（简称"本次发行"） 的注册申请。本次发行 39,920,159 股股份已于 2025 年 2 月 20 日在 中国证券登记结算有限责任公司上海分公司办理完毕股份登记手续。 具体内容详见公司在上海证券交易所（简称"上交所"）网站 （www.sse.com.cn）披露的《关于 2024 年度以简易程序向特定对象发 行 A 股股票发行结果暨股本变动的公告》（公告编号：2025-005）。 本次上市流通的 ...

中国银河证券股份有限公司 关于乐山电力股份有限公司 以简易程序向特定对象发行股票限售股上市流通的 核查意见 中国银河证券股份有限公司（以下简称"银河证券"或"保荐机构"）作为 乐山电力股份有限公司（以下简称"乐山电力"或"公司"）向特定对象发行股 票的持续督导机构，根据《中华人民共和国公司法》《中华人民共和国证券法》 《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》和《上海 证券交易所上市公司自律监管指引第 1 号——规范运作》等有关规定，对乐山电 一、本次上市流通的限售股类型 2025 年 1 月 21 日，乐山电力收到中国证券监督管理委员会出具的《关于同 意乐山电力股份有限公司向特定对象发行股票注册的批复》（证监许可﹝2025﹞ 91 号），同意公司向特定对象发行股票的注册申请。 公司于 2025 年 2 月 20 日在中国证券登记结算有限责任公司上海分公司办 理完毕本次发行新增股份登记、托管及股份限售手续。本次发行后，公司总股本 由 538,400,659 股变更为 578,320,818 股。 本次向特定对象发行的股份自本次发行结束之日起六个月内不得转让。发行 对象所取得的公司本次向特定 ...

Group 1 - The core viewpoint of the article highlights the increasing interest and participation of public funds in A-share companies' private placement projects, with significant floating profits reported [1][2][4] - As of August 11, 2023, 24 public institutions participated in 48 private placement projects, with a total allocation amounting to 14.383 billion yuan and a floating profit exceeding 5 billion yuan, representing a floating profit ratio of 34.86% [2][4] - Notably, 47 out of the 48 companies involved in these private placements achieved floating profits, with some projects like Leshan Electric Power showing a floating profit ratio as high as 181.84% [2][3] Group 2 - The sectors with high floating profit ratios from private placements include electricity, machinery, public utilities, electronics, and defense [3] - Nord Fund and Caitong Fund are the most active public institutions in private placements this year, with floating profits of 1.872 billion yuan and 1.709 billion yuan, respectively [4] - The investment strategy emphasizes the importance of individual stock growth returns and the need for a balanced portfolio across industries and companies [6][7] Group 3 - The article discusses the emergence of new investment strategies such as inquiry transfer, which has shown significant growth in both quantity and value, surpassing the total issuance of competitive private placements [7][8] - Inquiry transfer is currently applicable only to the Sci-Tech Innovation Board and the Growth Enterprise Market, indicating a trend towards more innovative investment opportunities [7] - The article suggests that while private placement investments can be effective, they require thorough research on the underlying companies and their industry dynamics [8]

Group 1 - The core viewpoint of the articles highlights the increasing interest and participation of public funds in A-share companies' private placement projects, with significant floating profits reported [1][2][3] - As of August 11, 2023, 24 public institutions participated in 48 A-share companies' private placements, with a total allocation amount of 14.383 billion yuan and a floating profit exceeding 5 billion yuan, representing a floating profit ratio of 34.86% [1][2] - Notably, 47 out of the 48 companies involved in these private placements achieved floating profits, with some companies like Leshan Electric Power and Jinghua New Materials showing floating profit ratios of 181.84% and 158.04% respectively [2][3] Group 2 - The data indicates that the highest floating profit ratios were observed in sectors such as electricity, machinery, public utilities, electronics, and defense, with significant allocations in companies like Haohua Technology and Chip Origin [2][3] - Nord Fund and Caitong Fund emerged as the most active public institutions in participating in private placements, with floating profits of 1.872 billion yuan and 1.709 billion yuan respectively [2][3] - Investment strategies have shifted towards focusing on individual stock growth returns, with an emphasis on the importance of fundamental research and reasonable pricing strategies for private placements [3][4] Group 3 - The articles also discuss the rising trend of inquiry transfer as a new investment direction, which has shown significant growth in both transfer quantity and amount, surpassing the total of competitive private placements [4][5] - The inquiry transfer mechanism, similar to private placements, is expected to provide new investment opportunities, particularly in the Sci-Tech Innovation Board and the Growth Enterprise Market [4][5] - Overall, the current market environment presents favorable investment opportunities in private placements, with a focus on selecting quality stocks to enhance returns [3][4]

Core Viewpoint - Leshan Electric Power Co., Ltd. has announced significant changes in gas and electricity pricing, which are expected to impact its revenue in 2025 [2] Group 1: Stock Performance - As of August 8, 2025, Leshan Electric Power's stock closed at 14.47 yuan, a 6.95% increase from the previous week [1] - The stock reached a high of 14.81 yuan and a low of 13.21 yuan during the week [1] - The company's current market capitalization is 8.368 billion yuan, ranking 64th in the electricity sector and 2089th among all A-shares [1] Group 2: Company Announcements - Starting September 1, 2025, Leshan Electric's subsidiary will adjust residential gas prices, with first-tier prices increasing from 2.16 yuan to 2.26 yuan per cubic meter [2] - The second-tier gas price will rise from 2.60 yuan to 2.72 yuan per cubic meter, and the third-tier price will increase from 3.24 yuan to 3.39 yuan per cubic meter [2] - The adjustment is expected to increase the company's gas sales gross profit by approximately 2.7 million yuan in 2025 [2] Group 3: Electricity Pricing Policy - Leshan Electric plans to implement a low valley electricity pricing policy starting September 1, 2025, with low valley hours defined from 23:00 to 07:00 [2] - During the flood season (June to October), the low valley electricity price will be 0.175 yuan per kilowatt-hour, while during the dry and normal water periods (November to May), it will be 0.2535 yuan per kilowatt-hour [2] - This policy is anticipated to reduce the company's electricity business revenue by approximately 16.6 million yuan in 2025 [2]

Group 1 - The national power load has reached a historical high, with the maximum load hitting 1.233 billion kilowatts, an increase of 53 million kilowatts compared to last year's peak of 1.180 billion kilowatts [1] - Companies in the power sector are actively working to ensure energy supply during the summer peak, with various projects underway to upgrade and enhance power grid infrastructure [1] - Sichuan Xichang Electric Power Co., Ltd. has strengthened its regional grid connections, enhancing power delivery capacity to meet the rising electricity demand [2] Group 2 - Shenzhen Zhaoneng New Energy Co., Ltd. is fully operational at its solar power stations in Anhui, contributing to regional power supply during peak demand [2] - The market is increasingly focused on power transmission, virtual power plants, and energy storage companies as summer peak electricity demand rises [2] - Shanghai Electric Power Co., Ltd. has seen its stock price reach a recent high, benefiting from its early involvement in virtual power plant services and energy management [3] Group 3 - Longxin Technology Group has connected millions of commercial electricity users and distributed solar power stations, facilitating electricity transactions during peak demand periods [3] - Experts predict that the demand for power transmission, seasonal adjustment, and energy storage will continue to grow, driving the development of related industries and increasing the share of renewable energy [3]

公募今年参与定增热情高涨。 公募排排网数据显示，按定增上市日统计，截至8月5日，今年以来共有24家公募机构参与到47家A股公 司定增，合计获配金额达141.98亿元。 按8月5日收盘价统计，当前浮盈金额达46.5亿元，浮盈比例达32.75%。 昊华科技受青睐 从定增获配金额来看，36只个股公募定增获配金额逾1亿元。其中，18只个股公募定增获配1亿至1.99亿 元，9只个股公募定增获配2亿至4.99亿元，还有9只个股公募定增获配金额不低于5亿元。 其中，昊华科技最受公募定增青睐，共有财通基金、大成基金和诺德基金3家公募机构参与到该股定 增，合计获配金额达16.28亿元。 芯原股份紧随其后，吸引到易方达基金、财通基金、诺德基金、诺安基金和国泰基金5家公募机构参与 到该股定增，合计获配金额达12.66亿元。 国联民生排名第三，吸引到财通基金、华宝基金、华商基金和诺德基金4家公募机构参与到该股定增， 合计获配金额达9.16亿元。 此外，迪哲医药、中航沈飞、安宁股份、中钨高新、佰维存储和中远海特6只个股公募定增获配金额均 不低于5亿元。 排排网财富公募产品运营曾方芳对《国际金融报》记者表示，公募积极参与定增，说明公募行 ...

Core Viewpoint - Leshan Electric Power plans to implement a low valley electricity price policy for residential users starting September 1, 2025, which is expected to reduce the company's electricity business revenue by approximately 16.6 million yuan in 2025 [3][4]. Trading Information Summary - On August 5, 2025, Leshan Electric Power's stock closed at 13.72 yuan, down 0.87%, with a turnover rate of 2.99%, a trading volume of 161,200 shares, and a transaction amount of 221 million yuan [1]. - The capital flow on the same day showed a net outflow of 20.62 million yuan from main funds, accounting for 9.34% of the total transaction amount, while retail investors had a net inflow of 23.31 million yuan, representing 10.56% of the total transaction amount [2][4]. Company Announcement Summary - Leshan Electric Power announced the implementation of a low valley electricity price policy for residential users, where specific low valley prices will apply during off-peak hours (23:00 to 07:00) [3]. - The low valley electricity price during the abundant water period (June to October) will be 0.175 yuan per kilowatt-hour, while during the dry and normal water periods (November to May) it will be 0.2535 yuan per kilowatt-hour [3]. - The impact of this pricing policy on the company's revenue will be reflected in the audited annual financial report for 2025 [3].

Core Viewpoint - Leshan Electric Power is adjusting its residential gas sales prices and implementing a low electricity tariff policy, which will impact its revenue and profit margins in the upcoming years [1][2][3]. Trading Information Summary - As of August 4, 2025, Leshan Electric Power's stock closed at 13.84 yuan, up 2.29%, with a turnover rate of 4.07% and a trading volume of 219,100 shares, amounting to a total transaction value of 300 million yuan [1]. - On the same day, the net inflow of main funds was 19.01 million yuan, accounting for 6.34% of the total transaction value, while retail investors experienced a net outflow of 17.23 million yuan, representing 5.74% of the total [1][4]. Company Announcement Summary - From September 1, 2025, Leshan Electric Power's subsidiary will adjust residential gas sales prices as follows: - First-tier price from 2.16 yuan/m³ to 2.26 yuan/m³ - Second-tier price from 2.60 yuan/m³ to 2.72 yuan/m³ - Third-tier price from 3.24 yuan/m³ to 3.39 yuan/m³ - Combined user price from 2.38 yuan/m³ to 2.49 yuan/m³ - This adjustment is expected to increase the company's gas sales gross profit by approximately 2.7 million yuan for the year 2025 [2][4]. - Additionally, starting September 1, 2025, the company will implement a low electricity tariff policy for residential users: - Off-peak hours defined as 23:00 to 07:00 the next day - Low tariff during the flood season (June to October) set at 0.175 yuan/kWh - Low tariff during dry and normal water periods (November to May) set at 0.2535 yuan/kWh - This policy is projected to reduce the company's electricity business revenue by approximately 16.6 million yuan for 2025 [2][3][4].