登录新浪财经APP 搜索【信披】查看更多考评等级 (一)股东大会召开的时间：2025年9月3日 (二)股东大会召开的地点：公司会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ 证券代码：600396 证券简称：华电辽能 公告编号：2025-033 华电辽宁能源发展股份有限公司 2025年第二次临时股东大会决议公告 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。 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会董事、监事、高级管理人员通过现场方式及腾讯会议视频方式参与本次股东大会。董事长 姜青松主持本次会议。会议采用现场投票和网络投票相结合的表决方式进行表决。会议的召开和表决符 合《公司法》和《公司章程》的规定，会议合法有效。 (五)公司董事、监事和董事会秘书的出席情况 1、公司在任董事12人，出席12人； 2、公司在任监事3人，出席3人； 3、财务总监、董事会秘书薛振菊出席了本次会议；副总 ...

Group 1: Market Performance - The coal mining sector increased by 0.03% compared to the previous trading day, with Electric Power Investment leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Group 2: Individual Stock Performance - Electric Power Investment (002128) closed at 21.37, up 1.38% with a trading volume of 162,300 shares [1] - Yongtai Energy (600157) closed at 1.49, up 1.36% with a trading volume of 9.64 million shares [1] - China Shenhua (601088) closed at 38.16, up 0.69% with a trading volume of 425,700 shares [1] - Jinko Energy (601001) closed at 12.96, down 2.56% with a trading volume of 226,400 shares [2] Group 3: Capital Flow Analysis - The coal mining sector experienced a net outflow of 420 million yuan from main funds, while retail investors saw a net inflow of 314 million yuan [2] - The main funds showed a negative net flow in several stocks, including Yongtai Energy and Pingmei Shenhua [3] - Retail investors contributed positively to stocks like Gansu Energy and New Dazhou A, indicating varied investor sentiment across the sector [3]

据证券之星公开数据整理，近期辽宁能源(600758)发布2025年中报。截至本报告期末，公司营业总收入 24.1亿元，同比下降9.3%，归母净利润1421.54万元，同比上升23.53%。按单季度数据看，第二季度营 业总收入9.24亿元，同比下降14.67%，第二季度归母净利润-8013.99万元，同比下降12.83%。本报告期 辽宁能源公司应收账款体量较大，当期应收账款占最新年报归母净利润比达165.58%。 本次财报公布的各项数据指标表现一般。其中，毛利率15.39%，同比减15.15%，净利率0.59%，同比增 38.63%，销售费用、管理费用、财务费用总计2.53亿元，三费占营收比10.49%，同比减2.62%，每股净 资产4.25元，同比增4.29%，每股经营性现金流0.16元，同比增170.02%，每股收益0.01元 | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 26.57 Z | 24.1亿 | -9.30% | | 归母净利润(元) | 1150.74万 | 1421.54万 | 23.53% ...

格隆汇8月28日丨辽宁能源(600758.SH)发布中报，2025上半年实现营业总收入24.1亿元，同比下降 9.3%；归属母公司股东净利润1421.54万元，同比增长23.53%；基本每股收益为0.01元。 ...

[Important Notice](index=2&type=section&id=Important%20Notice) This section provides crucial disclaimers and risk warnings regarding the semi-annual report [Statement by the Board of Directors, Supervisory Board, and Management](index=2&type=section&id=Statement%20by%20the%20Board%20of%20Directors%2C%20Supervisory%20Board%2C%20and%20Management) The company's Board of Directors, Supervisory Board, and senior management declare the truthfulness, accuracy, and completeness of this semi-annual report's content and assume corresponding legal responsibilities - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content, free from false records, misleading statements, or major omissions, and assume individual and joint legal responsibilities[3](index=3&type=chunk) - Company head Guo Shaokun, chief accountant Zhang Bidan, and head of accounting department Chen Rongyan declare to guarantee the truthfulness, accuracy, and completeness of the financial report[5](index=5&type=chunk) [Audit Status](index=2&type=section&id=Audit%20Status) This semi-annual report is unaudited - This semi-annual report is unaudited[4](index=4&type=chunk) [Forward-Looking Statements and Risk Disclosure](index=2&type=section&id=Forward-Looking%20Statements%20and%20Risk%20Disclosure) Forward-looking statements regarding future plans and development strategies in this report do not constitute substantive commitments, and investors are advised to note investment risks, with detailed risks outlined in the Management Discussion and Analysis - Forward-looking statements regarding future plans and development strategies in this report do not constitute substantive commitments to investors, who are advised to note investment risks[7](index=7&type=chunk) - The company has elaborated in this report on various risks it may face in its production and operations and corresponding countermeasures; please refer to the 'Risks We May Face' section in Section III Management Discussion and Analysis[8](index=8&type=chunk) [Section I Definitions](index=4&type=section&id=Section%20I%20Definitions) This section defines key terminology used throughout the report for clarity and consistency [Definitions of Common Terms](index=4&type=section&id=Definitions%20of%20Common%20Terms) This section defines common terms used in the report, including the company, the Group, controlling shareholder, and major subsidiaries - Defines 'Company,' 'This Company,' 'Liaoning Energy,' and 'Liaoneng Shares' as Liaoning Energy Coal Power Industry Co., Ltd[13](index=13&type=chunk) - Defines 'The Group' as Liaoning Energy Coal Power Industry Co., Ltd. and its subsidiaries[13](index=13&type=chunk) - Defines 'Liaoneng Industrial Control Group' and 'Controlling Shareholder' as Liaoning Energy Industry Holding Group Co., Ltd[13](index=13&type=chunk) [Section II Company Profile and Key Financial Indicators](index=4&type=section&id=Section%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section presents the company's fundamental information and essential financial performance metrics [Company Basic Information](index=4&type=section&id=Company%20Basic%20Information) Outlines the company's Chinese name, abbreviation, foreign name, and legal representative's basic information - The company's Chinese name is Liaoning Energy Coal Power Industry Co., Ltd., abbreviated as Liaoning Energy[15](index=15&type=chunk) - The legal representative is Guo Shaokun[15](index=15&type=chunk) [Contact Information](index=4&type=section&id=Contact%20Information) Contact details for the Board Secretary and Securities Affairs Representative are provided, including names, addresses, phone numbers, and email addresses - The Board Secretary is Han Jian, and the Securities Affairs Representative is Wang Li, both with contact number 024-86131586[16](index=16&type=chunk) [Registered and Office Address](index=4&type=section&id=Registered%20and%20Office%20Address) The company's registered address, office address, and email address are listed - The company's registered address is 5th Floor, Building 2, No. 110 Qingnian Street, Shenhe District, Shenyang City, Liaoning Province, and its office address is No. 38 Jianshe Road, Shenbei New District, Shenyang City, Liaoning Province[17](index=17&type=chunk) [Information Disclosure Channels](index=4&type=section&id=Information%20Disclosure%20Channels) The company's designated newspapers for information disclosure, website address for semi-annual reports, and report availability location are disclosed - The company's designated information disclosure newspaper is 'China Securities Journal,' and the website for semi-annual reports is http://www.sse.com.cn[18](index=18&type=chunk) [Stock Information](index=4&type=section&id=Stock%20Information) Details on the company's stock type, listing exchange, stock abbreviation, code, and previous stock abbreviation are provided - The company's stock is A-shares, listed on the Shanghai Stock Exchange, with stock abbreviation 'Liaoning Energy' and stock code '600758'; the previous stock abbreviation was 'Hongyang Energy'[19](index=19&type=chunk) [Key Accounting Data and Financial Indicators](index=5&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) This section presents the company's key accounting data and financial indicators for H1 2025, comparing them to the prior year, showing decreased operating revenue but significantly increased net profit attributable to shareholders H1 2025 Key Accounting Data (Consolidated Statements) | Indicator | Current Period (Jan-Jun) | Prior Year Same Period | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 2.41 billion RMB | 2.66 billion RMB | -9.30 | | Total Profit | 70.97 million RMB | 70.93 million RMB | 0.05 | | Net Profit Attributable to Shareholders | 14.22 million RMB | 11.51 million RMB | 23.53 | | Net Profit Attributable to Shareholders after Non-Recurring G&L | 15.86 million RMB | 64.90 million RMB | -75.57 | | Net Cash Flow from Operating Activities | 215.49 million RMB | -307.75 million RMB | N/A | | **Period-End Indicator** | **Current Period-End** | **Prior Year-End** | **Change (%)** | | Net Assets Attributable to Shareholders | 5.62 billion RMB | 5.50 billion RMB | 2.16 | | Total Assets | 13.33 billion RMB | 13.57 billion RMB | -1.77 | H1 2025 Key Financial Indicators | Indicator | Current Period (Jan-Jun) | Prior Year Same Period | Change (%) | | :--- | :--- | :--- | :--- | | Basic EPS (RMB/share) | 0.01 RMB/share | 0.01 RMB/share | 0 | | Diluted EPS (RMB/share) | 0.01 RMB/share | 0.01 RMB/share | 0 | | Basic EPS after Non-Recurring G&L (RMB/share) | 0.01 RMB/share | 0.05 RMB/share | -80.00 | | Weighted Average ROE (%) | 0.26 | 0.22 | Increased by 0.04 percentage points | | Weighted Average ROE after Non-Recurring G&L (%) | 0.29 | 1.22 | Decreased by 0.93 percentage points | [Non-Recurring Gains and Losses](index=5&type=section&id=Non-Recurring%20Gains%20and%20Losses) This section details the company's non-recurring gains and losses for H1 2025, totaling **-1.64 million RMB** H1 2025 Non-Recurring Gains and Losses Items | Non-Recurring G&L Item | Amount (RMB) | | :--- | :--- | | Government Grants Recognized in Current P&L | 1.74 million RMB | | Gains/Losses from Fair Value Changes and Disposal of Financial Assets/Liabilities | 4,198.80 RMB | | Other Non-Operating Income and Expenses | -3.11 million RMB | | Less: Income Tax Impact | 277,408.22 RMB | | Total | -1.64 million RMB | [Section III Management Discussion and Analysis](index=6&type=section&id=Section%20III%20Management%20Discussion%20and%20Analysis) This section offers an in-depth review of the company's operational performance, industry trends, and strategic outlook [Industry and Main Business Overview](index=6&type=section&id=Industry%20and%20Main%20Business%20Overview) In H1 2025, the national coal market faced oversupply and record low prices, while the company, a major coal producer and power/heat supplier, maintained its operations with 7 coal mines, 2 cogeneration plants, and a railway transport system - In H1 2025, the national coal market showed an oversupply trend, with prices for all coal types hitting recent lows[26](index=26&type=chunk) - The company's main business includes coal mining, washing, processing, and sales, as well as electricity and heat production and supply, with an approved coal production capacity of **11.6 million tons/year**[26](index=26&type=chunk) - The company operates 2 cogeneration power plants with a total installed power capacity of **708MW**, and owns a railway transportation system with an annual design capacity of **over 10 million tons**[26](index=26&type=chunk)[27](index=27&type=chunk) [Operating Performance Review](index=7&type=section&id=Operating%20Performance%20Review) In H1 2025, the company produced **2.999 million tons** of commercial coal, sold **2.916 million tons**, generated **1.09 billion kWh** of electricity, achieved **2.41 billion RMB** in total operating revenue, and reported **14 million RMB** in net profit attributable to shareholders H1 2025 Key Operating Data | Indicator | Value | | :--- | :--- | | Commercial Coal Output | 2.999 million tons | | Commercial Coal Sales | 2.916 million tons | | Electricity Generation | 1.09 billion kWh | | On-Grid Electricity | 948 million kWh | | Total Operating Revenue | 2.41 billion RMB | | Net Profit Attributable to Shareholders | 14 million RMB | [Core Competencies](index=7&type=section&id=Core%20Competencies) The company's core strengths lie in its strategic location (shortest transport distance for steel enterprises, regional monopoly in heat and power), product quality (premium coking and thermal coal), and experienced management team with refined management practices - Geographical Advantage: The company's main mines are located around Shenyang City, Liaoning Province, equipped with dedicated railway lines, making it the large-scale coal supplier with the shortest transportation distance for steel enterprises in Liaoning and surrounding areas; its thermal power enterprises hold a regional monopoly[29](index=29&type=chunk) - Product Advantage: Main coal varieties include prime coking coal, gas coal, fat coal, etc., characterized by high calorific value, high chemical activity, low sulfur, and low ash, making them scarce coking blend coal and pulverized coal for blast furnaces in the market[29](index=29&type=chunk) - Talent Advantage: The senior management team is experienced and proficient, possessing business and technological innovation capabilities, implementing refined management, and efficiently integrating internal resources[29](index=29&type=chunk) [Analysis of Main Operating Conditions](index=7&type=section&id=Analysis%20of%20Main%20Operating%20Conditions) This section analyzes changes in the company's financial statement items, asset and liability status, investment activities, and the operating performance of major subsidiaries and associates during the reporting period [Main Business Analysis](index=7&type=section&id=%28%E4%B8%80%29%20%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) The company's main business financial statement items show year-on-year decreases in operating revenue and cost, reduced administrative and financial expenses, and a positive shift in net cash flow from operating activities Analysis of Changes in Financial Statement Items (Consolidated Statements) | Item | Current Period Amount (RMB) | Prior Year Same Period Amount (RMB) | Change Ratio (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 2.41 billion RMB | 2.66 billion RMB | -9.30 | | Operating Cost | 2.04 billion RMB | 2.17 billion RMB | -6.25 | | Selling Expenses | 20.03 million RMB | 19.93 million RMB | 0.52 | | Administrative Expenses | 178.36 million RMB | 200.59 million RMB | -11.08 | | Financial Expenses | 54.28 million RMB | 65.54 million RMB | -17.17 | | Net Cash Flow from Operating Activities | 215.49 million RMB | -307.75 million RMB | N/A | | Net Cash Flow from Investing Activities | -30.02 million RMB | -41.43 million RMB | N/A | | Net Cash Flow from Financing Activities | 403.19 million RMB | -19.51 million RMB | N/A | [Analysis of Assets and Liabilities](index=7&type=section&id=%28%E4%B8%89%29%20%E8%B5%84%E4%BA%A7%E3%80%81%E8%B4%9F%E5%80%BA%E6%83%85%E5%86%B5%E5%88%86%E6%9E%90) At the end of the reporting period, the company saw significant increases in monetary funds and long-term borrowings, substantial decreases in receivables and contract liabilities, and a slight decline in total assets Changes in Assets and Liabilities (Consolidated Statements) | Item Name | Current Period-End Amount (RMB) | Current Period-End % of Total Assets | Prior Year-End Amount (RMB) | Prior Year-End % of Total Assets | Current Period-End Change % vs. Prior Year-End | Explanation | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 3.43 billion RMB | 25.75 | 2.82 billion RMB | 20.79 | 21.67 | | | Receivables | 909.32 million RMB | 6.82 | 1.40 billion RMB | 10.33 | -35.17 | Mainly due to maturity and payment of notes receivable | | Inventories | 214.88 million RMB | 1.61 | 274.98 million RMB | 2.03 | -21.86 | | | Contract Liabilities | 80.80 million RMB | 0.61 | 518.92 million RMB | 3.82 | -84.43 | Mainly due to recognition of prepaid heating fees as revenue during heating season | | Non-Current Liabilities Due Within One Year | 331.68 million RMB | 2.49 | 26.25 million RMB | 0.19 | 1,163.43 | Mainly due to increase in long-term borrowings due within one year | | Long-Term Borrowings | 658.00 million RMB | 4.94 | 299.85 million RMB | 2.21 | 119.44 | Mainly due to increase in long-term borrowings | - As of the end of the reporting period, details of the company's major restricted assets are provided in Note VII, 31, 'Assets with Restricted Ownership or Use Rights'[35](index=35&type=chunk) [Analysis of Investment Status](index=8&type=section&id=%28%E5%9B%9B%29%20%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) The company's financial assets measured at fair value slightly increased at period-end, primarily comprising other non-current financial assets Financial Assets Measured at Fair Value (Consolidated Statements) | Asset Category | Beginning Balance (RMB) | Current Period Fair Value Change G&L (RMB) | Period-End Balance (RMB) | | :--- | :--- | :--- | :--- | | Other | 715,556.82 RMB | 4,198.80 RMB | 719,755.62 RMB | | Total | 715,556.82 RMB | 4,198.80 RMB | 719,755.62 RMB | [Analysis of Major Holding and Participating Companies](index=9&type=section&id=%28%E5%85%AD%29%20%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) This section lists the financial performance of the company's major subsidiaries and associates significantly impacting net profit, highlighting Shenyang Jiaomei Co., Ltd.'s high operating revenue and profit, and Liaoning Liaoneng Wind Power Co., Ltd.'s largest net profit contribution Financial Performance of Major Holding and Participating Companies (Consolidated Statements) | Company Name | Company Type | Main Business | Registered Capital (million RMB) | Total Assets (million RMB) | Net Assets (million RMB) | Operating Revenue (million RMB) | Operating Profit (million RMB) | Net Profit (million RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Dengta Hongyang Thermal Power Co., Ltd. | Subsidiary | Electricity, Heat Production | 240.00 million RMB | 395.43 million RMB | 21.65 million RMB | 90.63 million RMB | -12.82 million RMB | -12.88 million RMB | | Shenyang Jiaomei Co., Ltd. | Subsidiary | Coal Production, Sales | 2.35 billion RMB | 12.52 billion RMB | 3.51 billion RMB | 2.36 billion RMB | 72.03 million RMB | 12.22 million RMB | | Liaoning Liaoneng Wind Power Co., Ltd. | Associate | Electricity Production and Supply | 1 billion RMB | 5.27 billion RMB | 2.69 billion RMB | 244.65 million RMB | 142.33 million RMB | 130.71 million RMB | [Other Disclosure Matters](index=9&type=section&id=Other%20Disclosure%20Matters) The company faces risks in production safety, product price fluctuations, and industry policies, and has formulated corresponding strategies including enhanced safety management, product structure adjustment, and analysis of national industrial policies - Safety Production Risk: As mine service life increases and mining depth deepens, disaster management becomes more challenging, and long-term operation of thermal power equipment also poses hidden dangers. Countermeasures include comprehensive investigation and rectification, strict implementation of responsibilities, and emphasizing key management[40](index=40&type=chunk)[41](index=41&type=chunk) - Price Fluctuation Risk: Influenced by macroeconomics and supply-demand, coal prices face fluctuation risks. Countermeasures include adjusting product structure, improving quality, developing direct supply users, and innovating marketing models[41](index=41&type=chunk) - Industry Policy Risk: Coal production enterprises face higher safety production and environmental protection regulatory requirements. Countermeasures include strengthening analysis of national industrial policies, improving supply quality, and timely adjusting production and sales strategies[41](index=41&type=chunk) [Section IV Corporate Governance, Environment, and Society](index=10&type=section&id=Section%20IV%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) Covers changes in directors, supervisors, and senior management, profit distribution plans, and environmental information disclosure [Changes in Directors, Supervisors, and Senior Management](index=10&type=section&id=Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, the company experienced multiple changes in its directors, supervisors, and senior management, including elections, appointments, and resignations of the chairman, general manager, and several directors - Guo Shaokun was elected Chairman, and Li Xiufeng was appointed General Manager and elected as a Director[43](index=43&type=chunk)[44](index=44&type=chunk) - Zhou Minghong resigned as Director and General Manager, Gao Guoqin, Li Haifeng, and Guo Hongbo resigned as Directors, and Wang Zhentao resigned as Deputy General Manager[43](index=43&type=chunk)[44](index=44&type=chunk) - Zhang Zhongchen and Wang Geliang were appointed as Deputy General Managers, and Liu Haiying resigned as a Director due to job relocation after being elected[45](index=45&type=chunk) [Profit Distribution Plan](index=11&type=section&id=Profit%20Distribution%20Plan) The company does not plan any profit distribution or capital reserve capitalization for this semi-annual period - The proposed profit distribution or capital reserve capitalization plan for this semi-annual period is 'No,' with 0 bonus shares, dividends, and capitalization shares per 10 shares[46](index=46&type=chunk) [Environmental Information Disclosure](index=11&type=section&id=Environmental%20Information%20Disclosure) The company and its major subsidiaries are included in the list of enterprises required to disclose environmental information by law, which is publicly available through designated systems - Subsidiaries including Dengta Hongyang Thermal Power Co., Ltd., Liaoning Shenmei Hongyang Thermal Power Co., Ltd., and Hulunbuir Mengxi Coal Industry Co., Ltd. have been included in the list of enterprises required to disclose environmental information by law[47](index=47&type=chunk) - Environmental information disclosure reports can be accessed through the Enterprise Environmental Information Disclosure System (Liaoning) or the Inner Mongolia Ecological Affairs Platform[47](index=47&type=chunk) [Section V Significant Matters](index=12&type=section&id=Section%20V%20Significant%20Matters) Addresses the fulfillment of commitments, integrity status, significant related-party transactions, and major contracts and guarantees [Fulfillment of Commitments](index=12&type=section&id=Fulfillment%20of%20Commitments) The controlling shareholder, Liaoneng Industrial Control Group, committed to maintaining independence from the company in governance, personnel, assets, operations, and finance, and to resolving horizontal competition within five years through asset injection or business integration; Shenmei Group committed to completing environmental approvals for Xima Coal Mine and environmental completion acceptance for its coal mines by 2026 - Liaoneng Industrial Control Group committed to maintaining independence from the company in governance, personnel, assets, operations, and finance, not interfering with the company's business decisions through its controlling position, and not occupying company funds[50](index=50&type=chunk) - Liaoneng Industrial Control Group committed to eliminating business overlaps with Liaoning Energy within **5 years** (by June 27, 2030) through asset injection, business integration, asset transfer, or other means[50](index=50&type=chunk)[52](index=52&type=chunk) - Shenmei Group committed to obtaining environmental impact assessment approval for Xima Coal Mine and completing environmental acceptance for Shenyang Jiaomei's subordinate coal mines by November 17, 2026[53](index=53&type=chunk) [Integrity Status](index=15&type=section&id=Integrity%20Status) During the reporting period, the company, its controlling shareholder, and actual controller maintained good integrity, with no unfulfilled court judgments or overdue large debts - During the reporting period, the company, its controlling shareholder, and actual controller maintained good integrity, with no unfulfilled court judgments or overdue large debts[56](index=56&type=chunk) [Significant Related-Party Transactions](index=15&type=section&id=Significant%20Related-Party%20Transactions) The company engaged in various daily operational related-party transactions during the reporting period, primarily involving coal procurement, equipment and materials, repair fees, coal sales, and electricity charges with related parties Related-Party Transactions Related to Daily Operations (Purchase of Goods/Acceptance of Services) | Related Party | Related-Party Transaction Content | Related-Party Transaction Amount (RMB) | | :--- | :--- | :--- | | Inner Mongolia Fukang Coal Sales Co., Ltd. | Coal Procurement | 123.11 million RMB | | Tiefa Coal Industry (Group) Co., Ltd. | Coal Procurement | 62.77 million RMB | | Shenyang Coal Industry Group Enterprise Operation Management Co., Ltd. | Equipment, Materials & Parts | 26.53 million RMB | | Liaoning Coal Machinery Equipment Manufacturing (Group) Co., Ltd. | Equipment, Materials & Parts | 19.71 million RMB | | Liaoning Liaoneng Sinopec Energy Co., Ltd. | Oil Purchases, etc. | 7.25 million RMB | | Liaoning General Heavy Machinery Co., Ltd. | Equipment, Materials & Parts, Repair Fees | 8.21 million RMB | Related-Party Transactions Related to Daily Operations (Sale of Goods/Provision of Services) | Related Party | Related-Party Transaction Content | Related-Party Transaction Amount (RMB) | | :--- | :--- | :--- | | Anshan Shengmeng Coal Gasification Co., Ltd. | Coal Sales, Service Fees | 71.46 million RMB | | Shenyang Coal Industry (Group) Co., Ltd. | Coal Sales, Electricity Fees, etc. | 69.27 million RMB | [Significant Contracts and Guarantees](index=17&type=section&id=Significant%20Contracts%20and%20Guarantees) The company has significant guarantees during the reporting period, including guarantees for subsidiaries and external companies, with the total guarantee amount representing a high proportion of the company's net assets Company External Guarantees (Excluding Guarantees for Subsidiaries) | Guaranteed Party | Guarantee Amount (RMB) | Guarantee Start Date | Guarantee End Date | Guarantee Fulfilled | Guarantee Overdue | Overdue Guarantee Amount (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Liaoning Provincial Construction Group Co., Ltd. | 4 million RMB | 1996-11-14 | 1997-02-06 | No | Yes | 4 million RMB | | Shenyang Coal Industry (Group) Co., Ltd. | 249.40 million RMB | 2021-08-23 | 2025-08-02 | Yes | No | | | Shenyang Coal Industry (Group) Co., Ltd. | 250.00 million RMB | 2021-08-23 | 2025-08-12 | Yes | No | | Total Company Guarantees (Including Guarantees for Subsidiaries) | Indicator | Amount (RMB) | | :--- | :--- | | Total Guarantees for Subsidiaries (Current Period) | 945.08 million RMB | | Total Guarantees for Subsidiaries at Period-End (B) | 3.48 billion RMB | | Total Guarantees (A+B) | 3.49 billion RMB | | Total Guarantees as % of Net Assets | 62.16 | - The company's guarantee for Liaoning Provincial Construction Group Co., Ltd. is overdue, a legacy from the company's predecessor. Two guarantees provided by Hulunbuir Husheng Mining Co., Ltd. for Shenyang Coal Industry (Group) Co., Ltd. have been repaid, and the guarantor has been changed to Liaoning Energy Investment (Group) Co., Ltd., automatically releasing the Group's guarantee liability[66](index=66&type=chunk) [Section VI Share Changes and Shareholder Information](index=20&type=section&id=Section%20VI%20Share%20Changes%20and%20Shareholder%20Information) Outlines changes in the company's share capital and provides details on its shareholder structure [Share Capital Changes](index=20&type=section&id=Share%20Capital%20Changes) The company's total share capital and equity structure remained unchanged during the reporting period - The company's total share capital and equity structure remained unchanged during the reporting period[68](index=68&type=chunk) [Shareholder Information](index=20&type=section&id=Shareholder%20Information) As of the end of the reporting period, the company had **47,771** common shareholders, with Liaoning Energy Industry Holding Group Co., Ltd. as the controlling shareholder, holding **24.05%** of shares - As of the end of the reporting period, the total number of common shareholders (households) was **47,771**[69](index=69&type=chunk) Top Ten Shareholders' Shareholdings | Shareholder Name | Period-End Shareholding (shares) | Proportion (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Liaoning Energy Industry Holding Group Co., Ltd. | 318.00 million | 24.05 | State-owned Legal Person | | China Cinda Asset Management Co., Ltd. | 103.50 million | 7.83 | Unknown | | Shenzhen Xianglong Investment Partnership (Limited Partnership) | 100.57 million | 7.61 | Unknown | | Liaoning Energy Investment (Group) Co., Ltd. | 97.23 million | 7.35 | State-owned Legal Person | | Liaoning Transportation Investment Co., Ltd. | 71.47 million | 5.41 | State-owned Legal Person | - Liaoneng Investment is a controlled subsidiary of Liaoneng Industrial Control Group, and both Liaoneng Industrial Control Group and Liaojiaotou are enterprises under the same control of Liaoning Provincial SASAC[72](index=72&type=chunk) [Section VII Bond-Related Information](index=22&type=section&id=Section%20VII%20Bond-Related%20Information) Provides information on the company's outstanding bonds and other debt financing instruments [Corporate Bonds and Debt Financing Instruments](index=22&type=section&id=Corporate%20Bonds%20and%20Debt%20Financing%20Instruments) The company had no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments during this reporting period [Convertible Corporate Bonds](index=22&type=section&id=Convertible%20Corporate%20Bonds) The company had no convertible corporate bonds during this reporting period [Section VIII Financial Report](index=23&type=section&id=Section%20VIII%20Financial%20Report) Contains the comprehensive financial statements and accompanying notes for the reporting period [Audit Report](index=23&type=section&id=Audit%20Report) This semi-annual financial report is unaudited - This semi-annual financial report is unaudited[76](index=76&type=chunk) [Financial Statements](index=23&type=section&id=Financial%20Statements) This section provides the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for the first half of 2025 - The consolidated balance sheet shows that as of June 30, 2025, total assets were **13.33 billion RMB**, total liabilities were **7.72 billion RMB**, and total owners' equity was **5.61 billion RMB**[78](index=78&type=chunk)[79](index=79&type=chunk)[80](index=80&type=chunk) - The consolidated income statement shows that for January-June 2025, total operating revenue was **2.41 billion RMB**, net profit was **14.22 million RMB**, and net profit attributable to parent company shareholders was **14.22 million RMB**[85](index=85&type=chunk)[86](index=86&type=chunk) - The consolidated cash flow statement shows that for January-June 2025, net cash flow from operating activities was **215.49 million RMB**, a significant improvement from the negative value in the prior year[91](index=91&type=chunk)[92](index=92&type=chunk) [Company Basic Information](index=36&type=section&id=Company%20Basic%20Information) Established in 1993 and listed in 1996, the company's controlling shareholder is Liaoning Energy Industry Holding Group Co., Ltd., with the Liaoning SASAC as the ultimate controller, primarily engaged in coal mining, power, and heat supply, with a registered capital of **1.322 billion RMB** - The company was established in March 1993 and listed on the Shanghai Stock Exchange on October 29, 1996[103](index=103&type=chunk) - Following asset swaps and equity transfers, Liaoning Energy Industry Holding Group Co., Ltd. became the controlling shareholder, holding a total of **31.41%** of shares, with the Liaoning SASAC remaining the ultimate controller[104](index=104&type=chunk)[107](index=107&type=chunk)[108](index=108&type=chunk) - The company's registered capital is **1.322 billion RMB**, with main businesses in coal mining and processing; and electricity, steam, and heat production and supply[108](index=108&type=chunk)[109](index=109&type=chunk) [Basis of Financial Statement Preparation](index=37&type=section&id=Basis%20of%20Financial%20Statement%20Preparation) The company's financial statements are prepared on a going concern basis, adhering to enterprise accounting standards and CSRC disclosure rules, using the accrual basis and historical cost measurement - The financial statements are prepared on a going concern basis, in accordance with the 'Enterprise Accounting Standards' issued by the Ministry of Finance and the 'Information Disclosure Rules for Companies Issuing Securities Publicly No. 15 – General Provisions for Financial Reports (Revised 2023)' issued by the China Securities Regulatory Commission[110](index=110&type=chunk) - Accounting is based on the accrual method, and except for certain financial instruments, all measurements are based on historical cost[110](index=110&type=chunk) - The company has no matters or circumstances that would cast significant doubt on the going concern assumption for the 12 months from the end of the reporting period[111](index=111&type=chunk) [Significant Accounting Policies and Estimates](index=37&type=section&id=Significant%20Accounting%20Policies%20and%20Estimates) This section details the company's specific accounting policies and significant estimates for revenue recognition, financial instruments, inventory, fixed assets, intangible assets, long-term equity investments, employee compensation, provisions, and deferred income tax, along with safety and maintenance fund accrual standards - Based on its actual production and operational characteristics, the company has formulated several specific accounting policies and estimates for transactions and matters such as revenue recognition, in accordance with relevant enterprise accounting standards[112](index=112&type=chunk) - Financial assets are classified as those measured at amortized cost, those measured at fair value with changes recognized in other comprehensive income, and those measured at fair value with changes recognized in profit or loss for the current period[132](index=132&type=chunk) - Fixed assets are depreciated using the straight-line method, and mining rights are amortized using the output method[165](index=165&type=chunk)[172](index=172&type=chunk) - Safety fee accrual standards: **50 RMB/ton of coal** for coal (rock) and gas outburst mines, and rock burst mines; **30 RMB/ton of coal** for high-gas mines, etc. Electricity generation enterprises accrue based on a progressive excess method of the previous year's operating revenue[202](index=202&type=chunk)[203](index=203&type=chunk) - Maintenance and renovation fee accrual standards are **8.7 RMB/ton** in Liaoning and **9.5 RMB/ton** in Inner Mongolia[202](index=202&type=chunk) [Taxation](index=55&type=section&id=Taxation) This section discloses the company's main tax categories and rates, including VAT, urban maintenance and construction tax, corporate income tax, and resource tax, along with applicable tax incentives Main Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | VAT | Taxable Income | 6%, 9%, 13% | | Urban Maintenance and Construction Tax | Actual Turnover Tax Paid | 5%, 7% | | Corporate Income Tax | Taxable Income | 5%, 25% | | Resource Tax | Raw Coal Sales/Washed Coal Sales | 2%, 3%, 10% | - Shenyang Jiaomei Construction Engineering Design Co., Ltd. and Shenyang Jiaomei Construction Engineering Supervision Co., Ltd. enjoy small and micro enterprise income tax preferential policies, with an actual income tax rate of **5%**[212](index=212&type=chunk)[214](index=214&type=chunk) - Heating enterprises in the 'Three North' regions are exempt from VAT on heating fees collected from residents, and the factory buildings and land used for residential heating are exempt from property tax and urban land use tax, with these preferential policies extended until 2027[214](index=214&type=chunk)[215](index=215&type=chunk) [Notes to Consolidated Financial Statement Items](index=56&type=section&id=Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section provides detailed notes for each item in the consolidated financial statements, covering monetary funds, receivables, inventory, long-term equity investments, fixed assets, construction in progress, intangible assets, goodwill, deferred tax assets/liabilities, restricted assets, short-term borrowings, payables, contract liabilities, employee compensation, taxes payable, other payables, non-current liabilities due within one year, long-term borrowings, provisions, deferred income, special reserves, undistributed profits, operating revenue and costs, various expenses, investment income, credit impairment losses, asset impairment losses, non-operating income and expenses, and supplementary cash flow information - Monetary funds at period-end totaled **3.43 billion RMB**, including restricted bank deposits of **246.39 million RMB** and restricted margin deposits of **205.77 million RMB**[217](index=217&type=chunk) - Notes receivable at period-end totaled **527.49 million RMB**, of which **140 million RMB** were pledged, and **61.43 million RMB** were endorsed or discounted but not yet due[219](index=219&type=chunk)[220](index=220&type=chunk)[222](index=222&type=chunk) - Accounts receivable at period-end totaled **334.70 million RMB**, with bad debt provisions of **291.58 million RMB**, including **245.08 million RMB** for individually assessed bad debts[229](index=229&type=chunk)[234](index=234&type=chunk) - Long-term equity investments had a carrying value of **627.18 million RMB** at period-end, primarily investments in the associate Liaoning Liaoneng Wind Power Co., Ltd[263](index=263&type=chunk) - Fixed assets had a carrying value of **5.61 billion RMB** at period-end, with depreciation increasing by **330.87 million RMB** in the current period[267](index=267&type=chunk)[268](index=268&type=chunk) - Provisions at period-end totaled **455.16 million RMB**, primarily including mine abandonment costs of **413.15 million RMB** and environmental restoration funds of **36.59 million RMB**[327](index=327&type=chunk) - Operating revenue for the current period was **2.41 billion RMB**, operating cost was **2.04 billion RMB**, with main business revenue primarily from coal product sales and electricity, heat, and heating supply[342](index=342&type=chunk)[343](index=343&type=chunk) - Net cash flow from operating activities was **215.49 million RMB**, a significant improvement compared to **-307.75 million RMB** in the prior year[371](index=371&type=chunk) [Equity in Other Entities](index=95&type=section&id=Equity%20in%20Other%20Entities) This section discloses the company's equity interests in subsidiaries and associates, including the composition and shareholding ratios of major subsidiaries and key financial information of significant associates - The company owns 12 subsidiaries, including Shenyang Jiaomei Co., Ltd., Dengta Hongyang Thermal Power Co., Ltd., and Liaoning Shenmei Hongyang Thermal Power Co., Ltd[381](index=381&type=chunk) - Liaoning Hongyang Gas Development Co., Ltd. is a non-wholly owned subsidiary, with minority shareholders holding **16.67%**, and profit/loss attributable to minority shareholders for the year was **9,148 RMB**[381](index=381&type=chunk) - A significant associate is Liaoning Liaoneng Wind Power Co., Ltd., in which the company holds **30.00%** equity, accounted for using the equity method, with a net profit of **130.71 million RMB** for the current period[384](index=384&type=chunk)[385](index=385&type=chunk) [Government Grants](index=97&type=section&id=Government%20Grants) The company received **1.1 million RMB** in government grants during the reporting period, with a total of **13.02 million RMB** recognized in other income, primarily comprising asset-related and income-related grants Liability Items Involving Government Grants | Financial Statement Item | Beginning Balance (RMB) | New Grants (Current Period) (RMB) | Transferred to Other Income (Current Period) (RMB) | Period-End Balance (RMB) | Asset/Income Related | | :--- | :--- | :--- | :--- | :--- | :--- | | Deferred Income | 80.47 million RMB | | 12.44 million RMB | 68.02 million RMB | Asset Related | | Deferred Income | 31.40 million RMB | 1.10 million RMB | 411,827.13 RMB | 32.09 million RMB | Income Related | | Total | 111.86 million RMB | 1.10 million RMB | 12.86 million RMB | 100.11 million RMB | / | Government Grants Recognized in Current Profit or Loss | Type | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Income Related | 571,827.13 RMB | 2.99 million RMB | | Asset Related | 12.44 million RMB | 18.55 million RMB | | Total | 13.02 million RMB | 21.54 million RMB | [Financial Instrument Risks](index=98&type=section&id=Financial%20Instrument%20Risks) The company faces market risks (interest rate, other price risks), credit risk, and liquidity risk, managed through management oversight, credit limit approvals, bad debt provisions, and maintaining sufficient cash flow - The company's main financial instruments include equity investments, borrowings, accounts receivable, and accounts payable[393](index=393&type=chunk) - Interest rate risk primarily arises from bank borrowings, with floating-rate financial liabilities exposing the company to cash flow interest rate risk. If floating interest rates rise or fall by **25 basis points**, net profit would decrease or increase by approximately **1.59 million RMB**, respectively[395](index=395&type=chunk) - Credit risk primarily stems from financial asset losses and financial guarantees due to the counterparty's failure to fulfill obligations. The company mitigates credit risk by establishing credit limits, credit approval, and monitoring procedures[396](index=396&type=chunk) - Liquidity risk is managed by maintaining sufficient cash and cash equivalents and monitoring the utilization of bank borrowings[397](index=397&type=chunk) [Fair Value Disclosure](index=99&type=section&id=Fair%20Value%20Disclosure) The company's total assets measured at fair value on a recurring basis amounted to **719,755.62 RMB**, primarily other non-current financial assets, with fair value estimated based on net asset share for unlisted investments without active markets or significant influence Fair Value of Assets and Liabilities Measured at Fair Value at Period-End | Item | Level 1 Fair Value Measurement (RMB) | Level 2 Fair Value Measurement (RMB) | Level 3 Fair Value Measurement (RMB) | Total (RMB) | | :--- | :--- | :--- | :--- | :--- | | (六)Other Non-Current Financial Assets | | | 719,755.62 RMB | 719,755.62 RMB | | Total Assets Measured at Fair Value on a Recurring Basis | | | 719,755.62 RMB | 719,755.62 RMB | - For other non-current financial assets of unlisted companies where the company has no control, joint control, or significant influence, the company uses the share of net assets calculated based on its equity interest as the best estimate of fair value[404](index=404&type=chunk) [Related Parties and Related-Party Transactions](index=100&type=section&id=Related%20Parties%20and%20Related-Party%20Transactions) The company's parent is Liaoning Energy Industry Holding Group Co., Ltd., with the Liaoning SASAC as the ultimate controller, engaging in various related-party transactions including purchases, sales, services, and guarantees with numerous affiliates, primarily involving coal, equipment, repair fees, and electricity charges - The company's parent company is Liaoning Energy Industry Holding Group Co., Ltd., and the ultimate controlling party is the Liaoning Provincial State-owned Assets Supervision and Administration Commission[406](index=406&type=chunk) - The company engages in related-party transactions for purchasing and selling goods, and providing and receiving services with controlled subsidiaries of its parent company and other related parties, such as purchasing coal from Inner Mongolia Fukang Coal Sales Co., Ltd. and selling coal to Anshan Shengmeng Coal Gasification Co., Ltd[409](index=409&type=chunk)[411](index=411&type=chunk)[412](index=412&type=chunk) - The company, as guarantor, provided guarantees for Shenyang Coal Industry (Group) Co., Ltd., totaling **499.4 million RMB**[415](index=415&type=chunk) - Key management personnel compensation for the current period amounted to **2.4807 million RMB**[415](index=415&type=chunk) [Commitments and Contingencies](index=108&type=section&id=Commitments%20and%20Contingencies) The company had no significant commitments or contingent matters requiring disclosure during this reporting period [Post-Balance Sheet Events](index=108&type=section&id=Post-Balance%20Sheet%20Events) The company had no significant non-adjusting events, profit distribution, sales returns, or other post-balance sheet events during this reporting period [Other Significant Matters](index=108&type=section&id=Other%20Significant%20Matters) The company's operations are divided into coal and power segments for reporting purposes, with financial information disclosed for each segment - The company's operating businesses are divided into two reporting segments: Coal Sector and Power Sector[423](index=423&type=chunk) Financial Information by Reporting Segment | Item | Coal Sector Reporting Segment (RMB) | Power Sector Reporting Segment (RMB) | Total (RMB) | | :--- | :--- | :--- | :--- | | External Operating Revenue | 1.69 billion RMB | 850.09 million RMB | 2.41 billion RMB | | Total Profit | 67.93 million RMB | 3.04 million RMB | 70.97 million RMB | | Total Assets | 12.95 billion RMB | 3.37 billion RMB | 13.33 billion RMB | | Total Liabilities | 5.84 billion RMB | 3.05 billion RMB | 7.72 billion RMB | - This year, **435.77 million RMB** of operating revenue was generated from the Coal Sector segment's revenue from a single customer[427](index=427&type=chunk) [Notes to Parent Company Financial Statement Items](index=110&type=section&id=Notes%20to%20Parent%20Company%20Financial%20Statement%20Items) This section provides detailed notes for the parent company's main financial statement items, including other receivables, dividends receivable, long-term equity investments, and investment income - Parent company's other receivables at period-end totaled **1.97 billion RMB**, primarily intercompany balances[430](index=430&type=chunk)[436](index=436&type=chunk) - Parent company's dividends receivable at period-end totaled **324.01 million RMB**, primarily from Dengta Hongyang Thermal Power Co., Ltd. and Shenyang Jiaomei Co., Ltd[432](index=432&type=chunk) - Parent company's long-term equity investments had a carrying value of **3.72 billion RMB** at period-end, primarily including investments in subsidiaries of **3.09 billion RMB** and investments in associates of **627.15 million RMB**[444](index=444&type=chunk) - Parent company's investment income for the current period amounted to **37.26 million RMB**, primarily from long-term equity investments accounted for using the equity method[447](index=447&type=chunk) [Supplementary Information](index=116&type=section&id=Supplementary%20Information) This section provides supplementary information, including a detailed statement of non-recurring gains and losses, net asset return, and earnings per share Current Period Non-Recurring Gains and Losses Detail Statement | Item | Amount (RMB) | | :--- | :--- | | Government Grants Recognized in Current P&L | 1.74 million RMB | | Gains/Losses from Fair Value Changes and Disposal of Financial Assets/Liabilities | 4,198.80 RMB | | Other Non-Operating Income and Expenses | -3.11 million RMB | | Less: Income Tax Impact | 277,408.22 RMB | | Total | -1.64 million RMB | Return on Net Assets and Earnings Per Share | Profit for the Reporting Period | Weighted Average ROE (%) | EPS (RMB) | | :--- | :--- | :--- | | Net Profit Attributable to Common Shareholders | 0.26 | 0.01 | | Net Profit Attributable to Common Shareholders after Non-Recurring G&L | 0.29 | 0.01 |

二、电力产品主要经营数据 | 辽宁地区 | 发电量(万 度) | | | | 上网电量(万度) | 价(元/度) | 上网电价均 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 2025年 | 2024年 | 同比增减 | 2025年 | 2024年 | 同比增减 | 2025年 | | | 1-6月 | 1-6月 | （%） | 1-6月 | 1-6月 | （%） | 1-6月 | | 辽宁沈煤红阳 热电有限公司 | 104,237.98 | 105,795.60 | -1.47 | 91,574.12 | 93,705.15 | -2.27 | 0.43 | | 灯塔市红阳热 电有限公司 | 4,753.92 | 4,859.50 | -2.17 | 3,243.43 | 3,096.83 | 4.73 | 0.42 | | 合计 | 108,991.90 | 110,655.10 | -1.50 | 94,817.55 | 96,801.98 | -2.05 | 0.43 | 项 目 2025年1-6月 2024年1-6月 同比增减（%） ...

辽宁能源公告，2025年上半年营业收入24.1亿元，同比下降9.30%。净利润1421.54万元，同比增长 23.53%。 ...

Group 1 - The company has not distributed profits for the reporting period [1] - The board of directors and supervisory board members confirm the authenticity and completeness of the report [1][3] - The report has not been audited [1] Group 2 - The company held its 26th meeting of the 8th board of directors on August 26, 2025, with all directors present [4] - The board approved the election of Jiang Qingsong as the chairman [5][6] - The board also approved adjustments to the members of its specialized committees [7] Group 3 - The board approved the 2025 semi-annual report and its summary [8][10] - The company will hold an investor briefing on September 11, 2025, to discuss the semi-annual results [17][18] - Investors can submit questions for the briefing from September 4 to September 10, 2025 [21]

人民财讯8月21日电，8月21日，辽宁省与中国大唐集团有限公司在沈阳举行工作会谈。辽宁省委书记、 省人大常委会主任郝鹏主持并讲话。中国大唐党组书记、董事长吕军出席并讲话。辽宁省委副书记、省 长王新伟，中国大唐党组副书记、总经理李向良出席。郝鹏说，中国大唐积极投身辽宁能源（600758） 强省建设，持续加大布局力度，承担了一批重点能源项目。大唐煤制气项目是央地合作的重大项目，投 产后煤制天然气将直接辐射沈阳、抚顺、本溪、阜新、铁岭等市，增强相关地市清洁能源供应稳定性， 对优化辽宁省能源结构布局、推动绿色低碳发展意义重大。希望中国大唐在前期工作基础上，与辽宁共 同努力，全力推进大唐煤制气项目，力争早日重启、早日产生效益，同时加快推进其他在辽项目建设， 积极扩大在辽业务布局，与辽宁共同谋划好"十五五"时期重点合作项目，携手在服务国家重大战略中实 现互利共赢。 ...

Group 1 - The company plans to conduct financing leasing business through its wholly-owned subsidiaries, with a total amount not exceeding 870,810 million yuan [2][3][4] - The financing leasing includes direct financing leasing and straight leasing factoring, with specific amounts allocated to two subsidiaries: 70,810 million yuan for Dandong Jinshan Thermal Power Co., Ltd. and 800,000 million yuan for Huadian (Dandong) Offshore Wind Power Co., Ltd. [2][3][6] - The financing leasing business has been approved by the company's board and will be submitted for review at the upcoming extraordinary general meeting of shareholders [2][7][19] Group 2 - The financing leasing for the thermal power project involves a six-year lease term, with a maximum financing amount of 70,810 million yuan and an interest rate not exceeding 2.78% [5][6] - The offshore wind power project will have a lease term of 15 years, with a maximum financing amount of 800,000 million yuan and the same interest rate cap [6][7] - The financing leasing aims to ensure the funding needs for project construction, optimize the financing structure, and enhance the company's market competitiveness [7][8] Group 3 - The company will increase its capital for the integrated thermal power and offshore wind power project, with a total dynamic investment of 2,288,051 million yuan, including 330,057 million yuan for the thermal power project and 1,957,994 million yuan for the offshore wind project [30][31] - The capital contribution for the thermal power project is set at 99,017.1 million yuan, while for the offshore wind project, it is 391,598.8 million yuan [34][36] - The project development aligns with national renewable energy strategies and is expected to enhance the company's profitability and competitiveness [42][43]