新奥天然气股份有限公司（以下简称"公司"）第十届董事会第二十二次会议、2024年第三次临时股东大 会审议通过了《关于2025年度担保额度预计的议案》：为满足公司子公司、合营联营企业融资及日常采 购开立备用信用证、保函、关税保证保险等业务的需求，董事会同意在往年担保余额基础上，2025年度 公司及控股子公司为控股子公司、合营联营企业及子公司之间增加担保额度不超过360亿元人民币（实 际执行中若涉及外币业务则以当天汇率中间价折算为人民币的额度计算）。公司对被担保方按照控股子 公司、联营合营公司进行分类，在资产负债率70%（以上/以下）同等类别的公司范围内进行内部额度 调剂。具体内容详见公司分别于2024年12月11日、12月27日在上海证券交易所网站（www.sse.com.cn） 披露的公告（公告编号：临2024-092、109）。 证券代码：600803 证券简称：新奥股份 公告编号：临2026-003 新奥天然气股份有限公司关于2025年度预计担保的进展公告 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： ● ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2026-003 新奥天然气股份有限公司 关于 2025 年度预计担保的进展公告 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。 | 本次担保额度（万元） | 700.00 | | | | --- | --- | --- | --- | | 是否在前期预计额度内 | 是 | 否 | 不适用：_________ | | 本次担保是否有反担保 | 是 | 否 | 不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（亿元） | | | 0 | | --- | --- | --- | --- | | 截至 年 月 日上市公司及其 2025 12 31 控股子公司对外担保余额（亿元） | | | 201.32 | | 对外担保余额占上市公司最近一期经 审计净资产的比例（%） | | | 85.79 | | 特别风险提示 | | 对外担保余额超过上市公司最近一期经审计净 | | | | 资产 50% | | | | | | 对外担保余额超过上市 ...

证券代码：600803 证券简称：新奥股份 公告编号：临2026-002 关于公司股东部分股份质押的公告 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： 新奥天然气股份有限公司（以下简称"公司"）股东新奥科技发展有限公司（以下简称"新奥科技"）持有 308,808,988股公司股份，占公司总股本的9.98%。新奥科技本次股份质押股数为24,000,000股，占其持 有公司股份总数的7.77%，占公司总股本的0.78%。截至本公告披露日，新奥科技累计质押179,100,000 股公司股份，占其持有公司股份总数的58.00%，占公司总股本的5.79%。 公司控股股东ENN GROUP INTERNATIONAL INVESTMENT LIMITED（中文名称为"新奥集团国际投 资有限公司"，以下简称"新奥国际"）及其一致行动人新奥控股投资股份有限公司、新奥科技、廊坊合 源投资中心（有限合伙）、河北威远集团有限公司和王玉锁先生（以下统称"新奥国际及其一致行动 人"）合计持有2,243,449,808股公司股份，占公司 ...

证券日报网讯 1月20日，新奥股份在互动平台回答投资者提问时表示，可控核聚变相关布局归属新奥集 团层面战略规划，截至目前新奥股份未涉足该领域相关业务。公司主营业务聚焦天然气销售、基础设施 运营、泛能及智家、工程建造及安装等核心板块，始终围绕既定战略深耕能源主业，致力于为投资者创 造长期稳定价值。 （文章来源：证券日报） ...

证券日报网讯 1月20日，新奥股份发布公告称，公司股东新奥科技发展有限公司本次质押股数为 24000000股，占其所持股份比例7.77%，用于生产经营。 （文章来源：证券日报） ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2026-002 新奥天然气股份有限公司 关于公司股东部分股份质押的公告 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： 新奥天然气股份有限公司（以下简称"公司"）股东新奥科技发展有限公 司（以下简称"新奥科技"）持有 308,808,988 股公司股份，占公司总股本的 9.98%。 新奥科技本次股份质押股数为 24,000,000 股，占其持有公司股份总数的 7.77%， 占公司总股本的 0.78%。截至本公告披露日，新奥科技累计质押 179,100,000 股 公司股份，占其持有公司股份总数的 58.00%，占公司总股本的 5.79%。 公司控股股东 ENN GROUP INTERNATIONAL INVESTMENT LIMITED （中文名称为"新奥集团国际投资有限公司"，以下简称"新奥国际"）及其一致 行动人新奥控股投资股份有限公司、新奥科技、廊坊合源投资中心（有限合伙）、 河北威远集团有限公司和王玉锁先生（以下统称"新奥国际及其一致行动人"） ...

Core Viewpoint - Xin'ao Co., Ltd. has clarified that its strategic planning regarding controllable nuclear fusion is under the Xin'ao Group, and the company itself has not yet engaged in related business activities [1] Business Focus - The company's main business focuses on natural gas sales, infrastructure operations, energy services, smart home solutions, and engineering construction and installation [1] - Xin'ao Co., Ltd. is committed to deepening its core energy business in line with its established strategy [1] - The company aims to create long-term stable value for its investors [1]

Group 1 - The overall performance of the US dollar is weak, with the dollar index falling to around 99, leading to decreased investor confidence in dollar assets due to regional tensions [1] - Key variables affecting oil prices in 2026 include OPEC+ production cuts, macroeconomic policy shifts such as potential Federal Reserve interest rate cuts, and escalating regional political risks that could trigger short-term oil price spikes [1] - The projected core price range for Brent crude oil in 2026 is $55-75 per barrel, while WTI is expected to be $50-70 per barrel, with volatility expected to narrow compared to 2025 [1] Group 2 - As of December 31, 2025, the top ten weighted stocks in the National Petroleum and Natural Gas Index (399439) include major companies such as China National Petroleum, Sinopec, and CNOOC, collectively accounting for 67.11% of the index [2] - The Penghua Oil ETF (159697) closely tracks the National Petroleum and Natural Gas Index, reflecting the price changes of listed companies in the oil and gas sector on the Shanghai and Shenzhen stock exchanges [1][2]

Core Viewpoint - As of January 19, a total of 144 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Significant Net Buying - The stock with the longest consecutive net buying days is Fenglong Co., which has seen net buying for 14 consecutive trading days [1] - Other notable stocks with significant net buying days include Anhui Heli, Shanghai Airport, Yong'an Forestry, *ST Guohua, Neway Group, Kangchen Pharmaceutical, Shentong Metro, and Qibin Group [1]

Investment Rating - The report maintains a positive outlook on the power and gas sectors, recommending various companies within these industries for investment opportunities [1]. Core Insights - The report highlights that China's total electricity consumption is projected to exceed 10 trillion kWh in 2025, reaching 10.4 trillion kWh, with a year-on-year growth of 5% [7][8]. - The growth in electricity consumption is driven primarily by the secondary and tertiary industries, which together contribute nearly 80% of the total increase in electricity demand [8]. - The report notes significant growth in electricity consumption from high-end manufacturing, digital economy, and new infrastructure projects, such as charging stations and 5G base stations, which are expected to see growth rates exceeding 30% [8]. Summary by Sections 1. Electricity Sector - In 2025, the total electricity consumption is expected to reach 10.4 trillion kWh, with a 5% year-on-year increase. The first, second, and third industries, along with urban and rural residential electricity consumption, are projected to grow by 9.9%, 3.7%, 8.2%, and 6.3% respectively [7][9]. - The second industry remains the largest consumer of electricity, contributing 48% to the growth, while the third industry contributes 31% [9][13]. - The report recommends investments in coal-fired power companies like Guodian Power and Inner Mongolia Huadian, as well as large hydropower companies such as Yangtze Power and State Power Investment [15][16]. 2. Gas Sector - The report indicates that colder temperatures are expected to increase heating demand, leading to a rebound in gas prices across Europe and Asia. As of January 16, the Henry Hub spot price was $3.06/mmBtu, with a weekly increase of 6.77% [17][24]. - The report highlights that European gas prices have surged due to low inventory levels and increased heating demand, with the TTF spot price reaching €38.10/MWh, up 31.38% week-on-week [17][24]. - Recommendations include investing in integrated gas companies like Kunlun Energy and New Hope Energy, as well as gas trading companies like New Hope and New Energy [38]. 3. Market Performance - The report notes that the public utility, power, and environmental sectors outperformed the Shanghai and Shenzhen 300 index during the week of January 12 to January 16, 2026 [40]. 4. Company and Industry Dynamics - Recent initiatives in various provinces aim to enhance green energy and environmental standards, including the establishment of green mining standards in Guangxi and guidelines for industrial microgrid construction [46][47]. - The report also mentions significant corporate announcements, including mergers and acquisitions in the energy sector, which may impact market dynamics [50].