Financial Performance - As of December 31, 2024, the company achieved operating revenue of RMB 135.836 billion and a net profit attributable to shareholders of RMB 4.493 billion, with basic earnings per share of RMB 1.46[3]. - The company's operating revenue for 2024 was CNY 13,583,649, a decrease of 5.51% compared to CNY 14,375,398 in 2023[28]. - The net profit attributable to shareholders for 2024 was CNY 449,318, reflecting a decline of 36.64% from CNY 709,111 in 2023[28]. - The basic earnings per share for 2024 were CNY 1.46, down 36.52% from CNY 2.30 in 2023[30]. - The weighted average return on equity for 2024 was 19.06%, a decrease of 15.33 percentage points from 34.39% in 2023[30]. - The core profit attributable to shareholders for 2024 was CNY 514,306, a decrease of 19.36% from CNY 637,756 in 2023[28]. - The company's net assets attributable to shareholders at the end of 2024 were CNY 2,346,726, a slight decrease of 0.79% from CNY 2,365,482 at the end of 2023[29]. - The company reported a net cash flow from operating activities of -35.34 million RMB, a significant decrease compared to previous periods[1]. - The total debt decreased by 2.598 billion RMB to 30.838 billion RMB, reflecting effective debt control measures[96]. - The company's cash and cash equivalents (excluding restricted funds) decreased by 33.72 million RMB to 1,211.05 million RMB as of December 31, 2024, primarily due to debt repayment[92]. Dividends and Shareholder Returns - The board proposed a cash dividend of RMB 8.1 per 10 shares and a special dividend of RMB 2.2 per 10 shares, totaling an estimated cash dividend payout of RMB 3.164 billion[3][11]. - In 2024, the company held 4 shareholder meetings, approving matters such as profit distribution plans and guarantee limits, ensuring the protection of minority shareholder rights[174]. - The company approved the proposal for the estimated guarantee limit for 2025, including new counter-guarantee matters and foreign exchange hedging limits[178]. Credit Ratings and Financial Stability - The company's Moody's credit rating improved to Baa3, while S&P and Fitch ratings were upgraded to BBB, maintaining the highest domestic credit rating of AAA[3]. - The company maintained a strong liquidity position with unused bank credit lines totaling 48.64 billion RMB, ensuring financing needs are met[94]. - The company plans to continue using its own funds and bank credit resources to repay maturing debts in 2025, ensuring sufficient liquidity for debt servicing[94]. Operational Strategies and Innovations - The company aims to enhance resource integration and service innovation to provide personalized services and reduce customer gas costs[4]. - The company plans to strengthen infrastructure operations and service guarantees, particularly enhancing the operational capacity of the Zhoushan LNG receiving station[4]. - The company will utilize advanced international intelligent risk control systems to provide risk management services and expand natural gas trading scale[5]. - The company is committed to upgrading its professional capability recognition platform, "Good Gas Network," to empower ecological partners and address industry challenges[6]. - The company plans to enhance its digital transformation in the natural gas sector, focusing on smart and efficient development to support the dual carbon goals[42]. - The company is focusing on enhancing its core business and improving operational efficiency in the upcoming periods[31]. Market and Industry Trends - The natural gas consumption in China reached 426.05 billion cubic meters, showing a year-on-year growth of 8% driven by urban gas, industrial fuel, and power generation[40]. - The total installed capacity of gas-fired power plants reached approximately 140 million kilowatts, accounting for about 10% of total thermal power generation, with a year-on-year growth of 14.3%[41]. - The national LNG import volume reached 76.65 million tons, representing a year-on-year growth of 7.7%[44]. - The urbanization rate in China reached 67% in 2024, an increase of 0.84 percentage points from the previous year[45]. - The demand for natural gas in China is expected to grow by approximately 6.2% in 2025, reaching an apparent consumption of 450-460 billion cubic meters[149]. Research and Development - The total R&D investment amounted to 115,888 million RMB, representing 0.85% of the operating revenue, with 28.72% of the R&D investment being capitalized[115]. - The company is investing 50 million in R&D for new technologies aimed at improving energy efficiency[185]. - The company completed the industrial demonstration project of coal hydrogenation pyrolysis technology, achieving a comprehensive energy efficiency improvement of 5%-10% compared to traditional coal gasification processes[72]. Governance and Compliance - The company has implemented a comprehensive governance structure, including a board of directors, supervisory board, and management team, to ensure clear responsibilities and effective operations[173]. - The company received a warning from the China Securities Regulatory Commission for failing to disclose the 2023 annual performance forecast and inaccurate financial reporting from previous years[195]. - The company has been proactive in addressing compliance issues and enhancing governance practices following regulatory scrutiny[195]. Leadership and Management Changes - The company has experienced significant leadership changes, with multiple appointments and resignations in key management positions[190]. - The company appointed Liang Hongyu as the new Chief Financial Officer effective from February 28, 2025, following the resignation of Zong Bo from the position[188]. - Wang Yusuo resigned as Chairman but remains a director, while Jiang Chenghong was elected as the new Chairman[189]. - The company’s leadership includes experienced professionals with backgrounds in finance and energy management, enhancing its strategic capabilities[183].

新奥股份:2024年报净利润44.93亿 同比下降36.64% | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 1.4600 | 2.3000 | -36.52 | 1.9000 | | 每股净资产（元） | 0 | 7.63 | -100 | 5.67 | | 每股公积金(元) | 0.04 | 0.05 | -20 | 0.06 | | 每股未分配利润(元) | 6.42 | 5.96 | 7.72 | 4.34 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 1359.1 | 1438.42 | -5.51 | 1541.69 | | 净利润(亿元) | 44.93 | 70.91 | -36.64 | 58.44 | | 净资产收益率(%) | 19.06 | 34.39 | -44.58 | 33.43 | | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | - ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2025-019 新奥天然气股份有限公司 关于筹划重大事项的停牌进展公告 特此公告。 新奥天然气股份有限公司 董 事 会 2025 年 3 月 26 日 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。 新奥天然气股份有限公司（以下简称"公司"）正在筹划重大资产重组事项， 可能涉及公司发行股份，标的公司属于天然气行业。鉴于相关重大事项尚存在不确 定性，为了保证公平信息披露、维护投资者利益，避免对公司股价造成重大影响， 依据《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 4 号——停复牌》等有关规定，经公司向上海证券交易所申请，公司股票（证券简 称：新奥股份；证券代码：600803）自 2025 年 3 月 19 日（星期三）开市起停牌。 公司预计停牌时间不超过 10 个交易日。详见公司于 2025 年 3 月 19 日在上海证券 交易所网站（www.sse.com.cn）披露的《新奥股份关于筹划重大事项暨停牌公告》 （公告编号：临 2025-018） ...

关于筹划重大资产重组停牌前一个交易日 前十大股东和前十大流通股股东持股情况的公告 证券代码：600803 证券简称：新奥股份 公告编号：临 2025-020 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。 新奥天然气股份有限公司 | 序号 | 持有人名称 | 持有数量 | 持有比例 | | --- | --- | --- | --- | | | | （股） | （%） | | 1 | ENN GROUP INTERNATIONAL INVESTMENT | 1,370,626,680 | 48.26 | | | LIMITED | | | | 2 | 新奥控股投资股份有限公司 | 374,737,451 | 13.19 | | 3 | 香港中央结算有限公司 | 110,078,283 | 3.88 | | 4 | 廊坊合源投资中心（有限合伙） | 98,360,656 | 3.46 | | 5 | 河北威远集团有限公司 | 89,004,283 | 3.13 | | 6 | 弘创（深圳）投资中心（有限合伙） | 69,796, ...

3月19日上市公司重要公告集锦：新奥股份筹划重大 资产重组事项 重要公告： 新奥股份：筹划重大资产重组事项 亿纬锂能：获小鹏汇天定点，将为其提供下一代原理样机低压锂电池 智微智能：拟不超30亿元向多家供应商采购服务器，用于算力相关业务 中国联通：2024年净利润同比增长10.5%，拟10派0.621元 福耀玻璃：2024年净利润同比增长33.2%，拟每股派1.8元 沪市重要公告： 浦东建设：子公司中标多项重大项目，金额合计17.02亿元 浦东建设（600284）公告：近日，公司子公司上海市浦东新区建设（集团）有限公司、上海浦东路 桥（集团）有限公司、上海南汇建工建设（集团）有限公司和上海浦东建筑设计研究院有限公司中标多 项重大项目，中标金额合计为17.02亿元。 寿仙谷：寿仙山牌破壁灵芝孢子粉片完成国产保健食品备案 寿仙谷（603896）公告：近日，公司全资子公司金华寿仙谷药业有限公司的"寿仙山牌破壁灵芝孢 子粉片"产品完成了国产保健食品备案工作，并获得浙江省市场监督管理局发放的国产保健食品备案凭 证。 中国联通：2024年净利润同比增长10.5%，拟10派0.621元 中国联通（600050）公告：公司20 ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2025-018 新奥天然气股份有限公司 关于筹划重大事项暨停牌公告 《 中 国 证 券 报 》《 证 券 时 报 》《 证 券 日 报 》 及 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）为公司指定的信息披露媒体，公司所有信息均以在上述指定媒 体刊登的信息为准。敬请广大投资者注意投资风险。 特此公告。 新奥天然气股份有限公司 董 事 会 证券停复牌情况：适用 因筹划重大事项,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600803 | 新奥股份 | 股 A | 停牌 | 2025/3/19 | | | | 新奥天然气股份有限公司（以下简称"公司"）正在筹划重大资产重组事项，可 能涉及公司发行股份，标的公司属于天然气行业。鉴于相关重大事项尚存在不确 定性，为了保证公平信息披露、维护投资者利益，避免对公司股价造成重大影响， 依据《 ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2025-017 新奥天然气股份有限公司 关于反担保事项的进展公告 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： 公司参股公司重庆龙冉能源科技有限公司（以下简称"重庆龙冉"）拟向 银行申请 13,000 万元融资，其控股股东重庆涪陵能源实业集团有限公司（以下 简称"涪陵能源"）为其提供全额连带责任保证担保，公司拟按持股比例向涪陵能 源提供 1,820 万元连带责任保证反担保。2025 年 3 月 18 日，公司与涪陵能源签 署了《反担保协议》。 被担保人名称：重庆涪陵能源实业集团有限公司。 截至本公告披露日，公司为重庆龙冉按持股比例向涪陵能源已实际提供 人民币 0.22 亿元连带责任保证反担保。 本次反担保事项已经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。 一、反担保情况概述 公司参股公司重庆龙冉因生产经营需要向银行申请 13,000 万元融资，由其 控股股东涪陵能源为其提供全额连带责任保证担保。公司按持有重庆龙冉 14 ...

Investment Rating - The report maintains an "Overweight" rating for the public utility industry, expecting the industry index to outperform the market index by over 10% in the next six months [33]. Core Insights - The public utility index increased by 0.4% in the last two weeks, outperforming the CSI 300 index by 1.8 percentage points, ranking 14th among 31 Shenwan industries. Year-to-date, the index has decreased by 5.0%, underperforming the CSI 300 index by 4.4 percentage points, ranking 29th [11]. - Among the sub-sectors, six out of seven saw price increases, with the electric power comprehensive service sector rising by 2.3%, and the hydropower sector declining by 0.4% [11]. - The report highlights significant industry news, including the Ministry of Water Resources' issuance of work points for rural water conservancy and hydropower in 2025, emphasizing ecological safety and modernization of small hydropower [28]. Summary by Sections Market Review - As of March 13, the public utility index has shown a mixed performance, with 93 out of 132 listed companies experiencing stock price increases, while 38 companies saw declines [12][13]. - The report notes that the thermal service sector has increased by 4.8% year-to-date, while the hydropower sector has decreased by 8.3% [11]. Industry Valuation - The public utility sector's price-to-earnings (P/E) ratio is currently at 17.4 times, below the one-year average. The solar power sector has the highest P/E ratio at 83.5 times, while the thermal power sector has the lowest at 13.6 times [13][14]. Industry Data Tracking - The average price of Q6000 coal at the pit in Shaanxi Yulin is 614 RMB/ton, down 4.0% from the previous value. The average price of Q5500 coal at Qinhuangdao Port is 687 RMB/ton, down 4.9% [20]. Important Company Announcements - Recent announcements include New Tian Green Energy's approval for using perpetual medium-term notes to provide loans to its subsidiary, and the approval of various measures by Jiuzhou Group to support its subsidiaries [26]. Key Industry News - The report discusses the promotion of new energy consumption through the development of hydrogen energy in Chengdu, with a target growth of over 20% in the green hydrogen industry [27]. Industry Weekly Perspective - The report suggests focusing on companies like Xin'ao Co., Ltd. (600803), Jiufeng Energy (605090), and New Natural Gas (603393) due to their strong market positions and growth potential in the natural gas sector [28][29].

证券代码：600803 证券简称：新奥股份 公告编号：临 2025-016 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： | 被担保人 | 担保金额（万元） | | --- | --- | | 新能（天津）能源有限公司 | 25,000.00 | 本次担保是否有反担保：否 对外担保逾期的累计数量：无 特别风险提示：截至 2025 年 2 月 28 日，公司及子公司对外担保余额超 过公司最近一期经审计净资产的 50%、被担保子公司存在资产负债率超过 70% 的情况，均在公司股东大会审议通过的担保范围内，敬请投资者注意相关风险。 一、2025 年度担保预计情况 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 ...

证券代码：600803 证券简称：新奥股份 公告编号：临 2025-015 新奥天然气股份有限公司 关于完成注册资本工商变更登记及章程备案的公告 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。 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 议及 2024 年第三次临时股东大会审议通过了《关于变更注册资本暨修订<新奥天 然气股份有限公司章程>的议案》，具体内容详见公司分别于 2024 年 12 月 11 日、2024 年 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 2024-100、109）。 类型：股份有限公司（外商投资、上市） 成立日期：1992 年 12 月 29 日 法定代表人：王玉锁 住所：河北省石家庄市和平东路 383 号 经营范围：以天然气为主的清洁能源项目建设，清洁能源管理服务，天然气 清洁能源技术研发、技术咨询、技术服务、技术转让，企业管理咨询，商务咨询 公司于 2025 年 3 月 10 日完成注册资本工商变更登记及《新奥天然气股份有 ...